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Accenture strengthens Strategy practice with Hagberg acquisition
 
 Accenture has acquired
Hagberg Consulting
Group, a strategic
consulting company
specialising in the
assessment of
organisational culture
and its alignment with
corporate strategy.
Financial details of the
deal were not disclosed.
   Hagberg Consulting
Group, along with its
tools and programs, will
become part of
Accenture's Strategy
practice to support
existing client
offerings in areas such
as corporate
 
  
   
 
 
 
 
 
 
 Web-based survey tools.
These assets help
organisations identify
the cultural
characteristics that
motivate employees and
affect their ability to
achieve their corporate
strategies.
   Accenture research
has shown that an
organisation's capacity
to change is a critical
driver of high
performance, yet many
companies struggle to
unleash this source of
value. For example,
while executives
identify creating an
 
 organisation and culture
that can adapt
effectively to change as
very important, few are
satisfied with their
organisation's
capability in this area.
   "Hagberg Consulting
Group has a powerful
suite of tools that
enable us to gather
extraordinary insights
into the underlying
cultural characteristics
that drive an
organisation," said Ana
Dutra, managing partner
of Accenture's
Organisation & Change
Strategy practice.
 
    "As part of
Accenture's Strategy
practice, we look
forward to bringing our
market-tested tools to a
broad range of leading
businesses," said Dr
Richard Hagberg, founder
of Hagberg Consulting
Group. "Accenture's wide
range of capabilities
will enable us to help
clients translate the
insights from our
analysis into meaningful
programs that help them
deliver successfully on
their strategic
initiatives."
  
 
 transformation, mergers
and acquisitions and
globalisation.
   Hagberg's key assets
include a benchmarking
database comprising
corporate culture data
from hundreds of
thousands of employees
at more than 400
companies; a proprietary
cultural assessment
methodology; and
 
 
Palladium Group names CIS affiliate
 
 The Palladium Group, a
consulting firm
specialised in strategy
execution, has signed an
affiliate agreement with
MAG Consulting, an
independent firm
focusing on strategy
management processes,
which will cover all of
the Commonwealth of
Independent States
(CIS), a union which
includes most of the
ex-USSR republics.
   MAG Consulting has
offices in Moscow,
 
 Russia; Astana,
Kazakhstan; and Kyiv,
Ukraine. It also
maintains an office in
Washington, DC. The firm
was formed in 1996 by a
group of management
consulting professionals
and currently has 60
employees.
   About 50% of MAG's
business is balanced
scorecard consulting.
   Palladium's Global
Affiliate Program
assists in introducing
new products and service
 
 offerings in diverse
markets, resulting in
the growth and awareness
of strategy management
and scorecard evaluation
worldwide through
education, consulting
and technology.
   To be considered as a
member of Palladium's
global network an
organisation must be
willing to commit
between 20 and 100
professionals to
building a balanced
scorecard practice, have
 
 credibility in their
region and have a deep
strategy consulting
expertise.
   "[MAG Consulting's]
enthusiasm in supporting
Russian translation of
balanced scorecard
books, creating Russian
language versions of
balanced scorecard
tools, support to the
Summits and Hall of Fame
for Executing Strategy,
have solidified our
decision to partner with
the firm," said George
 
 McMillan, CEO of
Palladium.
   Last week Palladium
acquired Sponsor, a
Barcelona-based firm
that develops strategy
execution projects for
organisations mainly in
Spain and Portugal.
Financial details of the
deal were not
disclosed.
  
 
 
Management buy-out for Celerant Consulting
 
 The management of
Celerant Consulting has
agreed to acquire
Novell's majority
shareholding for a total
of approximately $77m.
   As a result of the
buy-out, Celerant's
management will hold 51%
of the business, with
Caledonia Investments,
the UK quoted investment
trust, holding the
remaining 49%.
   Novell said the
management buy-out was
triggered by its
 
 decision to focus on its
core businesses. Last
November the company
said it was considering
divesting Celerant as
part of its
restructuring to focus
on core growth
opportunities that also
include the identity and
resource-management
markets.
   The sale brings to an
end Novell's five year
interest in Celerant,
which it acquired
through the purchase of
 
 Cambridge Technology
Partners in 2001.
   Caledonia has
invested $30m in equity
and loan notes in the
transaction and Jamie
Cayzer-Colvin and Roland
Fisher from Caledonia
will be joining the
Celerant board.
   Ian Clarkson,
Celerant Consulting CEO,
said: "With Novell's
support over the last
five years we grew to
become the tenth largest
global operational
 
 management consultancy
with a significant
presence in both Europe
and North America.
Caledonia, a long-term
investor, is the ideal
partner to help us
continue this
performance and
consolidate our
position."
   Cayzer-Colvin,
director of Caledonia,
added: "Celerant is in
the fast growing
operations management
consulting market sector
 
 with an established
international footprint.
It has multinational
capabilities, a
blue-chip client list
and strong client
relationships. We are
pleased to be backing a
strong management team
that has steered
Celerant through a
strong period of
growth."
  
  
 
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