Six fast growing consulting firms that also positively impact society
With corporate interests coming under increasing scrutiny from public officials, demonstrating a positive social benefit has become paramount for many top brands. Six fast growing UK management consulting firms have been lauded not just for their high-speed growth and boost to employment, but also for their positive impact on society and environment.
Earlier this year FT and Statista teamed up to create a list of Europe’s fastest growing companies. The list included over 20 management consulting firms, which were featured in the article ‘The fastest growing consulting firms of Europe’. Now, building on the list, the researchers have identified those Uk companies which on top of their consistent growth also make a difference on their industry, or wider society.
To qualify for this new ‘ranking from a ranking’, named the ‘FT Future 100 UK’ list, all of UK’s fast growing companies that qualified for the FT1000 were assessed to what extent they make make a positive impact via their environmental, social and governance (ESG) policies, or promoting diversity, or disrupting their industry. The new, more social-driven top 100 includes six management consulting firms.
CMSPI
Named on the FT list for commitments to Environmental, Social and Governance (ESG) practices, CMSPI is a global, independent payments consultancy. The firm of 39 professionals works with hundreds of leading merchants to optimise and reduce payments costs, across 42 countries, with a number of leading brands across multiple sectors, including hotel chain Marriot, fast-food giant Subway, Enterprise vehicle rentals, and growing retailer Primark. Last year, the volume of cash and card revenue CMSPI negotiated totalled €341 billion.
Mansion House Consulting
Celebrating the firm’s efforts with regards to Diversity, Mansion House Consulting (MHC) was founded in 2009. Since then, they’ve continued to grow and now have 8 offices across the world. MHC is an international business and technology consultancy focused exclusively on the financial services sector operating across 18 locations. The firm works to provide high quality, practical and robust solutions to all areas of the industry. The consultancy continues to see steady growth from previous years and recently invested in new UK offices in Sheffield and Manchester.
Efficio
Lauded for its consistent growth by the Future 100 list, Efficio is one of the world’s larger specialised procurement consultancies. The firm operates across ten offices in Europe, North America and the Middle East, working with clients to help reduce costs, improve internal processes and up-skill their procurement teams so that they can realise cost savings faster. Between 2013 and 2016, the consultancy enjoyed CAGR growth of 35.9%, and upped its headcount by around 150 professionals.
Principle Holdings
Also praised for its ESG accomplishments, Principle Holdings is a global brand implementation agency, based in Huddersfield, England. The firm works to manage the agile delivery of brand implementation projects at scale, while creating intelligent solutions for clients. Established in 1987, the firm has 573 staff, 36% of whom are women.
Red Badger Consulting
Working for global brands such as the BBC, HSBC and Tesco, Red Badger is a consultancy focused on the digital transformation of large companies through innovation and delivery expertise. Having enjoyed CAGR of 102.6% from 2013 to 2016, the firm was placed on the ranking due to its ESG commitments, and counts Pride in London as one of its key clients. Since its founding in 2010, the firm has grown to a headcount of 84.
Regulatory Finance Solutions
Regulatory Finance Solutions (RFS) is a compliance consultancy within the financial risk and regulatory sectors. Founded in 2005, in the UK town of Swindon, RFS works with a broad range of financial services companies and regulated firms and have successfully managed and undertaken projects and reviews in areas including AML, FSAVCs, pensions, endowments, investments, mortgages, insurance, PPIs and complaints management. The firm of 75 people was selected for the Future 100 due to its ESG policies, as well as having achieved Consistent Growth.
Related: The top 50 leading management consulting firms in the UK.