Thought Provoking Consulting continues US expansion with Change 4 Growth deal

16 January 2018 Consultancy.uk

Retail-focused firm Thought Provoking Consulting (TPC) has invested in US-based Change Management Consulting company Change 4 Growth, formerly known as Sequent Consulting. The move sees London-headquartered TPC continue its expansion into the US consulting market.

American retail boutique consultancy Change 4 Growth (C4G) specialises in Transformational Change. The firm has worked to develop a niche space in the booming transformation market, offering a holistic service, helping clients deal with change at every level within an organisation. This expansive range of services includes organisational change management, culture alignment and engagement, leadership development, training and e-learning and recruitment of staff support. By working to increase performance, results and adoption for any change that businesses may face, the firm has obtained an impressive client list. Among those working with C4G are well-known retail brands such as Abercrombie & Fitch, American Eagle, Chico’s, Eddie Bauer and Ann Taylor.

As businesses in all sectors bid to best utilise new innovations to shave down operating costs, and add value to their production, transformation consulting has become a major source of revenue for consultants. Digital transformation consulting alone now draws an annual revenue of more than $23 billion, while the US management consulting industry remains the largest domestic market of its kind in the world – with revenues now topping $58 billion. These two factors have positioned C4G as an ideal target for consultancies in Europe looking to expand across the Atlantic.Thought Provoking Consulting continues US expansion with Change 4 Growth investmentSubsequently, Thought Provoking Consulting Group, a specialist retail consultancy, has completed a deal that sees the firm invest in the US based change management consultancy. Based in the UK, specialist retail consultancy TPC arrived in the US in 2015, and has enjoyed success of its own since establishing an office in Carlsbad, California. Under the leadership of Senior Vice President, Tamara Saucier, the firm is continuing to work to expand its presence in the lucrative market. TPC’s US team has secured work with top US retailers including top US retailers including Saks, Macy's, Nike, Calvin Klein, Tommy Hilfiger and The Home Depot, among others.

Co-Founder of Thought Provoking Consulting, Keith Taylor said of the deal, "This is a very exciting development for both companies. Change 4 Growth has a strong pedigree in organisational change management which we have not previously been able to offer clients. They have an excellent retail customer list and Beth Thomas, their CEO, is a well-known and highly regarded ex-retailer. They have a strong presence in the US and so will strengthen the group’s presence in this market while we can help them expand into the UK and Europe."

Beth Thomas, CEO of Change 4 Growth, added, "I’m so excited to be working with Thought Provoking Consulting to continue to grow our US business as part of the Group. I love their customer centric approach and feel a great cultural fit and believe we are stronger together. The move will allow us to tap into a breadth of retail expertise and help our clients find solutions that are critical in this age in areas such as pricing, promotions, planning, product development and supply chain."

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Grey Consulting and Makerversity announce strategic partnership

05 April 2019 Consultancy.uk

Grey Consulting has forged a new alliance with Makerversity, a 500-strong community of the brightest creative innovators, headquartered at Somerset House, London. The partnership hopes to tap into the experimental community to develop pioneering solutions for Grey Consulting’s clients.

In August 2018, one of the world’s largest design agencies surprised the business world by launching a dedicated consulting outfit. The news came as the two industries continued on their trajectory towards a historic synthesis. The consulting industry has been engaged in a pitched battle with the advertising and design space for the past few years, as the former increasingly encroaches on the territory of the latter via a protracted campaign of mergers and acquisitions; but there had been little traffic moving in the other direction.

At its launch, Grey Consulting was not billed as a direct competitor to established consultancies. However, the firm behind the new entity hopes that its creative experience will give it a competitive edge in winning consulting business from its existing clients. The Grey Group is a global advertising and marketing agency with headquarters in New York City, and 432 offices in 96 countries, operating in 154 cities. Grey Consulting opened its doors with a view to aiding clients within the areas of business and brand design, innovation and digital transformations.Grey Consulting and Makerversity announce strategic partnership

Now, as the firm looks to further expand its footprint in the market, Grey Consulting has unveiled details of a ground-breaking new alliance with Makerversity, a 500-strong community of creative innovators headquartered at Somerset House, London. The alignment with Makerversity is hoped to unlock the potential of collaborating with one of the world’s most experimental communities.

Makerversity curates and convenes the best talent across product design, fashion, art and experimental architecture, sustainable materials, IoT, digital manufacturing, and coding. It provides spaces and workshops for professional makers to develop and create their work, supported by Somerset House Trust. The alliance is expected to enable Grey Consulting to develop pioneering solutions for its clients, together with innovators who make something amazing for a living, every day. 

Leo Rayman, Grey Consulting CEO, commented, “This gives our clients the potential to access a network of some of the most diverse and innovative individuals in the world today. Being so tightly connected to a community of makers means we don’t just develop transformational strategies but can quickly realise them in three dimensions. This sets Grey Consulting apart from the pure play strategy houses who are sometimes criticised for not making their thinking real at the pace modern businesses require.” 

Fiona Dent, CEO of Makerversity, added, “Makerversity acts as a catalyst for unexpected encounters, fostering collaborations between an incredible range of the brightest leading creators and innovators. Our experimental approach and engaged members, whose own practice is defining our world, create highly original new outcomes. We are delighted to bring this philosophy to a wider audience and generate interesting projects for Makerversity members through our partnership with Grey Consulting.”