2021 Vault Rankings
- Firm Culture#14
At a Glance
“Colleagues and tremendous growth opportunities.”
“Access to leadership.”
“A high level of responsibility.”
“Brand recognition in the industry.”
“Conservative approach to business growth.”
“Limited industry scope at times.”
“One of the best energy consulting firms.”
“Solid utility boutique.”
About ScottMadden Management Consultants
ScottMadden is a management consulting firm that operates in two main areas: Energy and Corporate and Shared Services. While it is best known for its work in the energy industry, the firm's Corporate & Shared Services practice works across many industries with clients in entertainment, healthcare, manufacturing, high tech/communications, retail, and higher education.
Founded in 1983, the firm is headquartered in Atlanta, GA with additional offices in Raleigh, NC and Westborough, MA. From these locations, the firm works on projects for clients all over the world, albeit with a strong concentration of work coming in North America.
Putting the Scott in ScottMadden
The firm was founded by utility industry executive Peter Scott, whose first client also happened to be the utility where he had previously worked. According to the firm, Scott partnered with the client and became a long-term advisor, setting a model for client engagement-including a focus on long-term results-that ScottMadden lives by today. Indeed, the firm continues to support that first client still.
Since 2000, the firm has been led by current CEO and President Brad Kitchens, who has more than 25 years of experience in business and consulting. A former employee of Deloitte & Touche, Kitchens' pre-ScottMadden resume includes stints in Deloitte's capital markets practice, as well as several years in the oil and gas industry.
No cookie cutters allowed
According to the firm's website, ScottMadden's differentiation within the consulting industry comes from its willingness to create long-term partnerships with its clients and to personalize its work based on each client's specific needs. Indeed, that commitment to meeting needs is what led the firm to expand its practice areas beyond energy in the early 2000s, in the process moving away from being a niche practitioner and toward the role of a general management consulting provider.
In the News
ScottMadden Announces the Launch of Inaugural Inspire Scholarship, December 1, 2020
ScottMadden, Inc. has established a scholarship program to assist current undergraduate sophomores or above who identify as Black or African American and have a demonstrated track record of success in academics and their communities.
At ScottMadden, ensuring inclusive, equitable, and respectful treatment for everyone is central to who we are and is core to our values. Growing a diverse culture in which everyone is welcomed, valued, and respected has long been a strategic priority for the firm.
The ScottMadden Inspire Scholarship is renewable and open to current residents of the Atlanta, Boston, and the Raleigh-Durham-Chapel Hill metropolitan areas. Eligible majors include accounting, business administration, computer and information sciences and support services, engineering, finance, logistics, and supply chain management, and certain similar or related fields.
ScottMadden Releases Fall 2020 Energy Industry Update: Running Up That Hill, October 29, 2020
How a 1980’s Hit Describes the Energy Industry Today
ScottMadden, Inc. has released its latest edition of The Energy Industry Update (EIU). Themed, “Running Up That Hill,” this EIU explores how in spite of all the challenges the energy industry is facing today, progress continues.
The theme of this issue explores how the energy industry is attempting to do extraordinary things in extraordinary times. States and utilities continue their march toward 100% clean energy targets. Further, hydrogen is being explored as an energy resource across a range of applications. Stakeholders are debating the role and structure of power markets needed to accommodate these initiatives, and the industry is doing all this amid the challenges presented by the COVID-19 pandemic.
ScottMadden Announces New Rates & Regulation Practice Leader, July 10, 2020
ScottMadden, Inc. is pleased to announce that Jim Stephens, partner at ScottMadden, will be the firm’s new Rates & Regulation practice leader.
Jim joined ScottMadden in 2016 with nearly 30 years of experience in the industry, holding senior management positions at economic-consulting firms, local distribution companies, and a retail energy marketer. He has assisted numerous clients in the United States and Canada with regulatory strategy development and implementation, resource portfolio assessment and optimization, integrated resource planning and demand forecasting, hedging and risk management, and energy infrastructure evaluation. Through his career, he has also provided expert testimony in numerous proceedings at various jurisdictions, including federal, state, and provincial regulatory agencies.
ScottMadden Publishes First Corporate Responsibility Report, July 9, 2020
ScottMadden, Inc. has released its inaugural Corporate Responsibility Report. This report highlights the firm’s efforts around environmental, social, and governance (ESG) issues that are most important to the firm’s employees, clients, and other key stakeholders.
The report outlines ScottMadden’s ongoing commitment to corporate responsibility and sustainability and summarizes 2019 activities and metrics related to six focus areas:
- Community Engagement
- Employee Well-Being and Development
- Diversity and Inclusion
- Environment and Emissions
- Data Privacy and Cybersecurity
- Business Ethics and Integrity
These focus areas were identified based on several inputs, including a formal assessment of ESG issues that are most important to the firm’s key stakeholders, the firm’s existing ESG activities, and the firm’s ability to directly manage and influence the issue. In future reports, ScottMadden will provide updates on specific goals in each focus area and highlight progress toward achieving them.
ScottMadden Named as One of America’s Best Management Consulting Firms in the United States for the Fifth Year, March 17, 2020
Forbes Media, in partnership with Statista, a market research company, has recognized ScottMadden, Inc., for the fifth year as one of 222 America’s Best Management Consulting Firms in the United States. This annual list focuses on management consultancies providing businesses across 16 industry sectors and 16 functional areas with the best guidance on their practice.
Statista began with a long list of more than 1,300 management consulting firms and used survey results to determine the top 222. These companies are recognized based on rankings compiled from two online surveys: an expert survey (partners and executives from management consultancies) and a client survey among senior executives who have worked with management consultancies in the last four years.
ScottMadden Elects New Board Member, Kathy Betty, February 25, 2020
Following its regularly scheduled shareholder meeting, ScottMadden, Inc., announced today the election of Kathy Betty, a prominent Atlanta businesswoman with more than 30 years of business management and consultancy experience, as a member of the board of directors effective February 23, 2020.
Kathy served as a partner at ScottMadden—the first female partner in the firm—from 1992–1996 and senior vice president from 1997–1999. During that time, she led the firm’s reengineering work with support from Brad Kitchens and several other colleagues. Her experience focused on international mergers and acquisitions and managing the business transformation practice. Following her departure from ScottMadden, she went on to start The Tradewind Group, a firm specialized in incubator start‐ups and technology companies. Later, she became the first woman in Atlanta history to own a professional sports team as owner and CEO of the WNBA Atlanta Dream.
Why Work Here
Want to learn more about Your Career at ScottMadden? Click HERE.
Smart. Focused. Done Right.® Since our founding in 1983, these are the words we have lived by. They serve as a reminder to every employee of our high standards and the expectations of our clients. It is this results-oriented focus that has earned us the trust and confidence of our clients and helped expand our business beyond the energy industry to include clients in entertainment, pharmaceuticals/healthcare, manufacturing, retail, the federal government, and many other industries.
Across our Energy and Corporate & Shared Services practice areas, we deliver a broad array of consulting services, ranging from strategic planning through implementation to improving operations, all led by the vision of our partners and the capabilities of our consultants.
We take pride in our close-knit, collaborative culture which is what differentiates us from other firms. We value our diverse workforce and operate as a true meritocracy, offering broad development opportunities for our consultants across practice areas. It’s no wonder we are continually recognized as a top-ranked consulting firm and place to work by Vault, The Atlanta Journal Constitution, and Forbes Media, among others.
At ScottMadden, we are committed to corporate responsibility and all of its facets, including our people and community, our planet, and our governance as a firm. We are proud of what we have accomplished to date but recognize there is considerable work ahead. In 2020, we released our first Corporate Responsibility Report , which highlights the firm’s commitment to the environmental, social, and governance (ESG) issues that are most important to our stakeholders. Not only does ScottMadden ensure that our work in these areas align with the expectations of our internal and external stakeholders, we involve our stakeholders in the process to make a difference together. An example of this includes our firm’s carbon-neutral goal. For the third year in a row, ScottMadden’s Carbon Offsets Matching Program will allow employees and the firm to work together to offset carbon emissions related to travel and business operations. As we look ahead, ScottMadden strives to address new and increasingly complex ESG issues alongside our employees and stakeholders.
ScottMadden recognizes and values the uniqueness of each of our employees. The differences in our backgrounds, experiences, styles, and perspectives are part of what makes our firm exceptional, and we are committed to building and sustaining an environment that is diverse, collaborative, supportive, and fosters mutual respect and trust (for one another and our clients). Our Diversity & Inclusion Committee works throughout the year to ensure the firm is focused on attracting, supporting, and retaining a diverse workforce with a variety of thoughtful and intentional initiatives, events, and activities.
Driving positive change is at the core of ScottMadden’s business, from the work that we do with our clients to the impact that our employees have in their communities through company-sponsored events and personal outreach efforts. Our “Spotlight” employees demonstrate both our diverse workforce and the varied interests and involvement of our employees.
Career development is important at ScottMadden. Each year, consultants meet with their assigned sponsor to create a detailed personal development plan. On the first Friday of every month, sessions are held in all ScottMadden offices to discuss current industry topics or best-practice consulting techniques. In addition, more formal training for each consultant level is provided. To further our ongoing commitment to building the skillsets of our people, we offer LinkedIn Learning training courses, which can be customized to your interests and developmental goals, and monthly small group discussions with relevant presentations on topics of interest.
3565 Piedmont Road, NE
Building Four, Suite 500
Atlanta, GA 30305-8800
Phone: (404) 814-0020
Employer Type: Private
President & CEO: Brad Kitchens
2020 Employees (All Locations): 185
Atlanta, GA (HQ)
- Grid Edge
- Transmission & Distribution
- Energy Markets
- Rates & Regulation
- Corporate Sustainability
- Energy Corporate Services
Corporate & Shared Services
- Finance & Accounting
- Human Capital Management
- Global Business Services
- Information Technology
- Multifunction Shared Services
- Supply Chain
Business Support Services