Printable Edition Click Here  :  Subscribe   :   Page  11  : Report   :  July 2008 
  Go to page:  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16           Previous Page      Next Page
The Structure Group reports record annual growth
 
 The Structure Group, the
management consultancy
specialising in the
energy, financial
services and utility
sectors, has seen growth
in turnover of more than
40% in the financial
year to June 30th, 2008,
despite a difficult
economic environment. It
also improved its
position in the
Financial Times/Great
Places to Work Awards
from 13th to 2nd -
behind Google.
   These developments
have been supported by
further investment in
the infrastructure of
the company - with a
major focus on
initiatives including
in-house training,
knowledge management,
career development, and
recruiting processes.
The external benchmark
given by the Great
Places to Work award
reflects the
market-leading position
that Structure has
attained in this regard.
   Mohamed Mansour,
managing director at The
Structure Group, said:
"This year we have
delivered more change,
with a more expansive
reach and greater
business value for our
clients than ever
 
 before. We have enabled
clients in the energy
sector to address a
number of cutting-edge
business challenges,
including the impact of
smart metering on
existing operating
models, the opportunity
presented by market
volatility and prices to
optimise and trade
physical assets, and the
need to leverage new
technologies across
trading and risk
management operations.
   ”The new financial
services practice has
also enjoyed a
successful first year,
building a strong
presence across the
retail banking, capital
markets, insurance and
asset management
sectors, working to help
clients deliver complex
regulatory change
programmes, define
target operating models,
transform their finance
capabilities and develop
their future state
payments platforms."
   Looking forward to
FY2009, The Structure
Group believes that the
challenging climate will
lead to clients placing
a greater focus on value
and expertise. This
aligns closely to its
business model of
 
 offering a
domain-centric
consulting service that
focuses on partnership
with clients.
   Mansour explained:
"Despite the wider
market environment,
energy is clearly going
through exciting times,
with both structural and
transitional challenges
facing the industry, all
of which represent
opportunities as well as
risks for our clients.
As a result, we see a
continuing trend of
investments from our
clients in work driven
by an internal business
case rather than
regulatory requirements,
which is very
encouraging and a sign
of our clients' belief
in the prospects within
this industry.
   ”In financial
services, the
implications of the
ongoing market turmoil
has led clients to focus
more than ever on risk
management, regulatory
compliance and cost
reduction."
   Adrian Bettridge,
head of the financial
services practice added:
"While working with our
clients in these areas,
we recognise that many
of them will still be
 
 investing to gain future
competitive advantage.
We will continue to
position ourselves as
their change partner of
choice to help them
deliver the business and
IT programmes supporting
these growth
strategies."
   The increased
turnover and ongoing
client success in the
past year has been
supported by a
significant increase in
headcount across the
whole company.
   Following its record
12 months, The Structure
Group is looking to
expand further into
continental Europe.
Mansour commented:
"Structure has
previously had a strong
presence outside the UK
in Holland and Ireland
and initial engagements
in Germany, France and
Belgium, but in 2009 we
will be making
significant investments
into developing enduring
capabilities across
Europe in order to
support the growing base
of clients we are
developing across the
region."
   Jim Hayward, senior
director with
responsibility for
people, said: "We are
 
 hoping to replicate all
aspects of our success
in the UK across the
rest of Europe. We were
named the 10th best SME
in Europe this year -
the first time such
companies have been
recognised across the
entire region - as well
as the second best place
to work in the UK. I
think that is a
testament to the people
who work here and the
business we are creating
together - and our
commitment to maintain
the qualities that
delivered initial
success as the company
grows. Looking to the
next 12 months we are
keen to advance our role
as a corporate citizen
with a variety of
initiatives such as
taking on student
interns and donating
both time and expertise
to charity. To start
this off, we have chosen
to donate our last day's
profits from the
financial year just
completed to some
charities that focus on
a variety of domestic
and international
issues."
 
  Consulting Times | Page 11 Previous Page     Next Page