| Topic Name: |
Adjoined Consulting |
| Message Name: |
Sounds like fuzzy math to me |
| Date Posted: |
03/14/2005 |
| In Reply To: |
Now for the facts:
Sustained Growth over time:
2004 - Adjoined grew 32% organically, 10 times faster than the rest of the Consulting sector. As a result, Adjoined was named to the watch list by Kennedy Information Services, the firm that covers the consulting industry.
2003 - The Gartner Group noted that Adjoined Consulting is an agile alternative to the larger consultancies. GG likes our narrow, industry based focus.
2000-2004 - Adjoined grew 32-75% per year, with the majority of the growth being organic.
VC:
We are funded by two very well known VCs, and if they had any doubts about our ability to perform to expectation, they would take swift action, not talk about with investment bankers who talk about it with the mild-mannered-reporter. Get real.
Retention:
Our turnover rate is no higher than the average at other consulting firms, and interestingly, the employees who have left have not joined other consulting firms.
On the flip side, we have been able to consistently recruit strong performers away from the Big 4 and other well-known consultancies.
As a rapidly growing firm, it's true that nearly 25% of our employees have been hired in the past year. That's necessary and to be expected when you grow at the pace we've grown. On the other hand, our founders are still here, in key executive roles. And many of our employees have been here 4-5 years, from the time we were formed. As insiders, I'd expect they know something that 'mild-mannered-reporter' doesn't.
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| Message: |
Be specific: Define "Organic Growth" To me organic growth comes from walking the halls at the client sites developing relationships and getting add on work from those relationships. Not from acquiring the likes of Plaut and CIMA. Simply put that is growth by acquisition; growth by purchase. You really need a keener sense of business Corporate Recruiter. Get your definitions straight
Your "narrow industry based focus" means what exactly?...that you "specialize" in food, telecom, travel, financial services, pharma and life sciences, consumer & retail and industrial products. What about the kitchen sink..do you specialize in those too? That "narrow" industry based focus cuts across about 10 vertical markets What sets you apart? What differentiates you from the pack? What is so "COMPELLING" about this company that drives clients and employees to it?
Your turover rate is no higher than the industry average? What is the industry average exactly?
Recruiting Big 4 SPs is no major accomplishment. Deloitte is in the crapper and cant make up its mind what to call itself; BearingPoint is under seige and CAP Gem is for sale; so dont pride yourself on recruiting Big 4 alums..its like shooting fish in a barrel. No one and I mean no one is running from the likes of Bain or ATK or McKinnsey to your trap that doesnt even have a NY presence, unless you call the 2 people on the ground at TIAA a NY presence.
Your recruits (Im willing to bet) are still being greeted with the same shill of a line of joining the compelling story of Adjoined
What happened to Kevin baby? Demoted from the practice into the CTO role. Running 350 desktops seems a job for your Phoenix center...not a deposed Officer.
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