Horvath & Partners Management Consultants

THE SCOOP

Designs for success


German-based management consultancy Horváth & Partners describes its consultants as “performance architectsâ€, a term based on the firm’s ability to reconstruct its clients’ business results.  That improvement is delivered through a variety of methods that includes consulting services across three main fieldsâ€"management control and finance; process management and organisation; and strategic management and innovationâ€"as well as expertise in IT and and change management and training, to ensure that solutions are applied effectively and integrated across the full breadth of a client’s business.  Their approach aims to place Horváth amongst the top-ranked international management consulting firms by 2020, and eventually becoming “no. 1 in performance managementâ€"worldwide.â€

The international aspect is something the firm is still working on, however, at least in terms of office locations.  Currently Horváth has just 11 offices, five of which are in Germany, and only one of which can be found outside of mainland Europe, in Atlanta.  

Opening up to Europe

Founded in Stuttgart in 1981 as Institut für Unternehmensanalysen (Institute for Corporate Analysis) by university professors Peter Horváth and Eric Zahn, along with businessman Hans-Georg Winderlich, the firm’s original approach was to apply the latest findings from management accounting and controlling research to the corporate world.  After a merciful name change in 1989, the consultancy sought to make its mark as a global player and opened its first offices outside Germany.  The first came in Hungary in 1990, and was quickly followed throughout the decade with others in Austria, Germany and Switzerland.  This expansion continued apace, and the years between 2001 and 2003 saw the opening of Horváth’s US subsidiary as well as an office in Spain.  The most recent addition to the Horváth family came with the opening of an office in Romania in July 2006.  Today, Hungarian Peter Horváth acts as chairman of the firm’s advisory board and is the only original member of the founding trio to play a part in the company’s development, following the death of Winderlich and the retirement of Zahn.  

Caring about the client

Horváth nets a total revenue of over â'¬70 million and works across the automotive, chemical, oil, pharmaceutical, consumer and industrial goods, financial, media and telecoms, public management, transportation and utilities industries.  In addition to a stable of small and medium-sized firms, Horváth also counts a number of international corporations among its clients, including BMW, Bayer, Continental, Credit Suisse, Deutsche Telekom, Novartis, Pfizer, E.on, Siemens and UBS.  

The firm implements changes to aid a company’s performance by evaluating its current strategy (which might result in the development of a new one), defining concrete goals, modifying corporate processes and structures accordingly, and following up by installing management control systems that show executives whether the operative performance is on track.  Horváth also insists that it accompany the client through the entire process, from the development of the business model through to the implementation and change management.  The firm takes its after-care responsibilities seriously, too, with a range of tailored in-house training seminars for its clients.

Despite being busy on the consulting trail, meanwhile, Horváth's consultants don't shirk their responsibilities in the publication field, releasing a number of studies, investigations and books on the subject of performance.

▲ Show Less▼ Show Full Description


Horvath & Partners Management Consultants


Phoenixbau
Königstrasse 5
Stuttgart 70173
Phone: +49 (0)711 669 190
Fax: +49 (0)711 669 1999
www.horvath-partners.com

STATS


  • Employer Type: Private
  • CEO: Dr Bernd Gaiser
  • 2009 Employees: 350

Career Update Newsletter

Tips and tools to help you manage your ideal career.

SALARY FINDER

SALARY FINDER

Health Service Administrator

  • $0
  • 25
  • 50
  • 75
  • 100
  • 100+
Yearly Salary Range (US$ Thousands)