Interview with Peter Mockler, CEO of BearingPoint

04 May 2015 Consultancy.uk

Last year European management and technology consultancy BearingPoint booked record revenues of €560 million and recorded the highest EBIT in its history. Peter Mockler, Global Managing Partner of BearingPoint, reflects on the performance and looks ahead, saying the firm is well placed to continue its momentum into 2015 and beyond.

If the 2014 business year were a PR headline – what would it be?
BearingPoint’s intense focus on client needs delivers strong 2014 business results.

What was strong about your business performance?
In 2014, we delivered our best overall business performance since the Management Buyout (MBO) in 2009. Our success was due in large part to our employees, who never lost sight of our goal to serve the client first and foremost.

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What are the most important drivers of BearingPoint’s success?
We focus our organization entirely on our clients, which include many of the most important corporations, financial institutions, and government entities in the world. This means our work has a big impact, and with that comes great responsibility for our society and future generations. Our partnership is founded on stewardship: a desire to leave a better firm – and world – for future generations. Our business growth is a reflection of this principle. It is sustainable, stable, profitable, and provides value to our clients and society.

In what ways did BearingPoint reflect these principles in 2014?
Last year, we executed three firm-wide initiatives as part of our global strategy, which will leave a lasting impression on our business going forward. Those initiatives included digitalization and regulation – two topics, which can give our clients sleepless nights. We launched our Go Digital initiative, creating a Digital Factory and a Center of Excellence. And we invested heavily in our product portfolio in ways that help our clients better address regulatory requirements.

Peter Mockler - bearing point

Another focus area was the expansion of our global reach. We want to be wherever our current and future clients need us. So we opened new offices in Dubai and Abu Dhabi, Chicago, and Milan and established a new strategic alliance with Grupo ASSA in Latin America. Our One Firm philosophy also extends to our strategic alliances. In that way, our clients will receive the same quality service wherever they are in the world. And as part of our client centric mission, the core of our firm’s strategy, we continued to reinforce our cultural values in 2014 by launching the biggest firm-wide cultural program in our history. We call it the BearingPoint Spirit. This program outlines five characteristics, which differentiate us in the market place.

BearingPoint had its five-year anniversary in 2014 as an independent partner-led firm. What were your biggest challenges and successes?
Our biggest challenge was to overcome a difficult economic environment. Our MBO was completed in August 2009 just as the world economy faced a major recession. We had no outside investors and yet we finished 2009 with positive results. Many people did not believe we could do it, especially without external support. But since we did, our reputation has grown in the industry, and our clients reacted extremely positively to our excellent customer service.

What is in store for 2015 and beyond?
We will continue to move forward with our strategic roadmap and make investments in our business. During 2014, we made significant investments centered on innovation, digital management, and assetbased consulting.

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Geographically, our roots are in Europe, but from the start we worked on opening offices and forming alliances to develop a global reach. We will continue with this approach to meet our client’s needs. Still, the economy is ever changing and further challenges are looming. But, we are in an excellent position to ride out stormy waters. We are not too big, and that makes us nimble. Our financial condition is sound, which is very important to our firm’s continued development and success.

What is your vision of the future?
I see a very fast changing world, full of creative disruptions. Consulting firms are finding new ways of delivering their services. The focus will remain on the consumer and there the use of big data analytics has really just begun. We live in a world where companies are confronted with huge regulatory pressures in the wake of the financial crisis, and sustainability is no longer an afterthought but a core element of doing business. In that context, we need to ask ourselves where our place is in this world. I believe it is to help our clients navigate these changes for lasting, sustainable success, and to enable and encourage new leaders, who can help build a better tomorrow.

In May the partners of BearingPoint re-elected Peter Mockler as the firm’s Global Managing Partner. The German origin advisor, who has been at the helm of the company since the buyout in 2009, enters his third term in the role.

The Interview with Mockler is sourced to the latest Annual Report of BearingPoint.

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Robert Park on the launch of his consultancy RWG Enterprises

18 April 2019 Consultancy.uk

Following a lengthy spell as a General Manager at an international materials corporation, Robert Park was keen to rediscover his inner entrepreneur. With the launch of his new consulting firm, RWG Enterprises, Park spoke with Consultancy.uk to outline his hopes for the future of the company, and how he believes his boutique will be able to challenge the market.

Robert Park commenced his career in retail, taking up a string of General Store Manager positions with companies – including Poundstretcher and The Gadget Shop – before making the 2005 move that would lead him to a 13-year stay with Morgan Advanced Materials. First taking up a role as Production Supervisor with the organisation, Park quickly worked his way to the upper echelons of the group. By 2013, he held the role of UK Operations Manager for the company’s UK ceramic core business, Certech UK, before seeing out his final four years at the firm as General Manager, leading the senior management team and strategic direction of the business.

Despite his success with the firm, however, Park found himself getting itchy feet. A change of career seemed increasingly appealing, and by February 2019, the time to take a new path had arrived.

Park explained: “I was losing the ability to to use the entrepreneurial flair that I had enjoyed in the past; the organisation was moving more towards a structured and common approach for doing things, and that made me feel restricted. I also really enjoy the troubleshooting, problem solving side of my role. However, having been in my last post for four years, the troubleshooting and firefighting was long behind me. I realised that I am really energised by tackling difficult issues or turning around things that are clearly struggling.”

New consulting firm RWG Enterprises launches

His criteria for a new career seemed to point conclusively in the direction of management consulting, and while his CV has no formal experience in the sector, Park believes his career to date has provided him with a wealth of transferable skills. During his time with Certech at Morgan Advanced Materials, he became a Senior Manager at the age of just 21, and went on to succeed in a harsh factory environment where six former candidates had previously failed to deliver results.

Later, he became the group’s youngest General Manager in its history, and was involved in the turnaround of numerous departments. He also developed vast experience dealing with a wide range of ‘people’ challenges, including re-organisation, talent development, talent acquisition and leadership development. Along the way, Park noted that he learned to deal with large, blue chip organisations such as Rolls Royce, securing major long-term contracts worth upwards of £25 million.

Now, he hopes to take that know-how and apply it to the diverse world of consulting work. Park elaborated: “I really want to be able to help organisations that feel that there is no hope or have lost faith in the business… Having been there myself I know how helpful it would have been to have someone to refer to in times of crisis… The firm will also focus on leadership development, as I spent a lot of time with the global graduate program during my corporate career… and I was really motivated to see these individuals grow and develop… helping them to find their own way through challenging situations.

New enterprise

Park’s new Derby-based consultancy, RWG Enterprises, will focus on five key operational fronts. As stated, leadership development and business rescue will be two of these areas, as well as manufacturing – where the firm will tackle challenges such as new product introduction. RWG will also offer financial advisory services and strategic business planning offerings.

While Park is understandably guarded about the firm’s initial engagements, he revealed that he has been “speaking at length to a well-known university and business school about providing mentoring and coaching support to students.” In the long-term, the aim is for RWG Enterprises to take on engagements from clients across the industrial spectrum. He added that as “the company is very embryonic”, it would be “foolish” to become too focused on target clients at this stage.

When asked how RWG Enterprises intends to differentiate itself from the rest of the pack, in an ever-more-crowded UK consulting sector, Park is undaunted by the task ahead. He stated, “I think the main differentiator is that we are small... I have operated at a very senior level for many years but I have enjoyed a very diverse background having worked in most functions within my last organisation. I also won’t take on any work or clients that I feel I cannot deliver value for, I am honest and ethical and am really motivated by seeing others become successful… The main thing I am focused on is 'can I add value' and 'can I help?'”