“Interview with Shumeet Banerji, CEO, Booz & Company”
“I do not manage a corporation; in our business, it’s about influence rather than dictation,” Booz & Company CEO Shumeet Banerji said in an interview that appeared in the Nov. 10 issue of The Wharton Journal. “You need to lead by example, motivate and know your place in the world. We must have a clear moral compass on behalf of the firm. Our job is to help leaders lead and we work by persuasion and influence.” Banerji’s advice to business students: “Have a clear sense of your purpose,” he said. “Know what kind of person you are and what you want to achieve. If the answer is to make a lot of money, it might not be good enough.” Banerji presented his remarks during a recent visit to The Wharton School of the University of Pennsylvania.“Companies Should Pay More Attention to Forming Their Boards”
In an article in the Nov. 10 issue of Gazeta Mercantil (Brazil), Booz & Company Partner Paolo Pigorini (South America) said although creation of three differentiated levels for listings on the São Paulo Stock Exchange (Bovespa) has grown more secure for foreign investors, the model is in need of critical adaptations like the formation of boards of directors and the rights of minority stockholders. “Our perception indicates that many companies orient the creation of their governance on ‘immediatism,’” Pigorini said, referring to the findings of a study by Booz & Company. “The company will only manage to organize good governance when it gets to the stock exchange and sees the market as the beginning of possibilities to activate its strategic plans.” The Booz & Company study encompassed a group of 15 companies, some already listed and others preparing for future access to the equity market.
“Many Americans Looking to Spend Less on Food”
The November 3 issue of The Los Angeles Times was among major media outlets that featured the Booz & Company study, “Consumer Spending in the Economic Downturn.” The study utilized economic and survey data of early 1,000 households to identify themes and provide insight into how the current downturn has affected various population segments and purchasing behaviors in the U.S. The findings have generated a flurry of publicity for the firm, including coverage in USA Today, Business Week, The Associated Press, Washington Post, Sacramento Bee and Inc. Magazine.
“Inflation ‘Could Make GCC Vulnerable’”
In the November 4 edition of Gulf News (UAE), Booz & Company experts urged the governments of Gulf countries to move towards a more sustainable macroeconomic policy framework that supports continued economic growth while keeping the region’s severe inflation under check. “The GCC must move from a model characterized by overheated economic growth to one that emphasizes growth through sustainable development beginning with fighting inflation comprehensively,” said Partner Rabih Abouchakra (Middle East). Nations that choose a sustainable development growth model, and manage inflation, typically have an easier time sustaining real GDP growth and can recover far more quickly from contractions, said Booz & Company experts. “Historically, Gulf countries do not have both institutional and policy frameworks on both fiscal and monitory policy front to fight inflation,” added Partner Richard Shediac (Middle East). “Now is the time for policymakers in the region to develop strong inflation-fighting and macroeconomic stability systems.”
“Identifying Shariah-Compliant Equities a Challenging Task”
An October 28 International Business Times article cites the Booz & Company report, “Competing Successfully in Islamic Finance.” The report states that the “total volume of Islamic assets in 2008 is estimated to be US$ 500 billion. Additionally, in 2000 the total number of Islamic funds worldwide has been 102 funds growing annually with a CAGR of 28% and is expected to reach 925 funds in 2009.” The article discusses the demand for Shariah-compliant investment products among Islamic bank customers and the challenges this presents for the banks to adhere to the changing guidelines of the Shariah scholars.
“The Role of CFOs in Deal Making”
In this bylined article from the October 2008 issue of Financial Executive, Booz & Company Partners Irmgard Heinz (Germany), Jens Niebuhr (Germany), and Justin Pettit (USA) discuss the many hats CFOs wear in a company’s merger and acquisition transactions. As the article explains, there’s a reason why the role of “deal maker” is top of mind for most CFOs: “…mergers and acquisitions are often the most significant capital investment a company makes in the course of a year. Acquisitions represent a huge opportunity—and also a huge risk. A bad deal can permanently damage the reputation of an executive team and its CFO.” The article goes on to describe the three essential merger roles for CFOs—merger strategist, synergy manager, and business integrator—and six rules CFOs need to follow to ensure a successful and profitable transaction.
“Responsible Investments To Go Mainstream”
In the October 23 issue of Global Pensions, Booz & Company Partner Charles Teschner (Europe) predicted that responsible investments (RI) will soon be a significant trend in asset management, representing a paradigm shift in the investment landscape. “We expect the RI market to become mainstream by 2015 at the latest,” Teschner said. “RI is becoming more and more significant in the investment world, with raised social awareness and improved performance factors, as well as the fact that pension funds and other institutional investors are increasingly required to disclose their policies and positions.”
“Múltis Investem US$492 Bilhões em Inovação (Multinational Companies Invest US$492 Billion in Innovation)”
Booz & Company’s 4th annual Global Innovation 1000 Study, which revealed that companies that invested more than 60 percent of their R&D spending beyond their borders during the past three years enjoyed superior performance, has generated international coverage. “In a scenario of recession, companies tend to slow down investments to protect profitability, but this will depend on the situation of each company,” said Partner Leticia Costa (South America) in the October 21 issue of Valor Econômico (Brazil). In the study, the firm’s Innovation team headed by Partners Barry Jaruzelski and Kevin Dehoff analyzed the world’s top 1,000 public corporate research and development spenders in what continues to be the world’s most comprehensive effort to assess the influence of R&D on corporate performance. Some of the other publications to cover the study include BusinessWeek, Automotive News (U.S.),Vedomosti (Russia), Swissinfo, ComputerWeekly.com (UK); and wallstreet-online.de.
“Telecoms Industry Full Of Ins And Outs”
In the October 21 edition of The National (UAE), Booz & Company Principal Hilal Halaoui said that mobile operators are looking beyond handsets and phone calls, seeking to leverage their current position to become major players in the IT services business. “Companies have realized that they have a wealth of content and applications, so they have moved into the mobile space because of the opportunity,” Halaoui said. “On a mobile you can have Facebook, voice-over IP and applications. It is seamless, and it’s ubiquitous.” Many technology companies are working around the clock to establish themselves with almost 2.5 billion mobile users worldwide.
“The Age of Frugality”
The October 20 edition of BusinessWeek (U.S.) includes a prominent mention of Booz & Company’s recent Consumer Spending Survey that showed consumers are cutting costs and tightening their belts in response to the current economic slowdown. In a survey of nearly 1,000 households, Booz & Company researchers found that 43 percent of respondents said they are eating at home more and that 25 percent were cutting spending on hobbies and sports activities. And in both cases, consumers said they would continue doing so even when the economy improves.
“Lektion für Kids und Banker (Lesson for Kids and Banker)”
The October 17 edition of Handelsblatt quoted Senior Partner Klaus-Peter Gushurst (Europe) in an article about Deutscher Wirtschaftsbuchpreis 2008, the second-annual German Economic Book Award. “An important book at the right time,” Gushurst said of the top book, Das Geld reicht nie (The Money is Never Enough) by Winand von Petersdorff. “This book can be a decisive help for the further education of teenagers and to open teenager’s eyes to the world. It is also the basics for parents to explain the economy.” The Economic Book Award, which was bestowed in a ceremony at the Frankfurt Book Fair, is sponsored by Booz & Company in partnership with Handelsblatt and Frankfurter Buchmesse.
“Management Consulting: The Positive Is A Swift Career Progression”
In an article in the October 13 issue of Financial Times Online that explored management consulting as a career, Booz & Company Senior Consultant Rebecca Johansson (Europe) said it was the challenge of using logic and structure to solve problems for clients that brought her to Booz & Company. “You are not tied to a particular job, function or industry,” said Johansson, who joined the firm in 2004. And though Johansson described the competition to crack the strategic consulting field as “competitive,” she said “the upside” was that “that progression is guaranteed and quick.”
“Unclogging the Deal Pipeline”
In an interview with CNBC, Booz & Company’s Senior Partner for Mergers and Restructuring Gerald Adolph discusses how the financial crisis is impacting recent M&A deal volume and identifies which deals are likely to still get done.
In a bylined article in the October 2008 issue of Natural Gas and Electricity, Booz & Company Principal Rolf Adam and Partner Walter Wintersteller (Europe) argued that public pressure is growing across Europe for the transformation of the traditional electric grid into an intelligent network—a Smart Grid. As such, “a well-defined holistic strategy that takes into account how best to provide value to the customer is the first step in unlocking the commercial possibilities of the Smart Grid,” they wrote. “Only after defining such a strategy should utilities begin to tackle the challenge of choosing the best technology.” Massive investments in transmission and distribution networks are being planned across Europe—up to €200 billion by 2020, with up to €90 billion directly related to investment in Smart Grid technology.
An article in the October 6, 2008 issue of AME Info (UAE) examined a new report from Booz & Company that demonstrates how government organizations in the Middle East and North Africa are tapping the private sector for capital, technology, and expertise to drive economic growth. Creation of these infrastructure public-private partnerships or PPPs is a way for governments to turn to the private sector for capital, technology and expertise to finance, develop and manage public-sector infrastructure projects. “With the right circumstances, PPPs can be winning partnerships; governments meet obligations without debt, the public receives better or more services, and the private sector is presented with a wider market,” said Partner Richard Shediac (Middle East). To date, telecom projects have received the most investment—but as Partner Rabih Abouchakra (Middle East) explained, the energy sector has the greatest number of projects, which, “when broken down into generation, transmission, and distribution sub-sectors, creates numerous ventures for private investors.”
“Supply Chain a Carbon Target”
In the September 29 issue of The Australian, Booz & Company Senior Associate Greg Lavery (Australia) said while the Australian Government continues its consultations on a proposed emissions trading scheme, British companies have begun looking for creative ways to reduce their carbon footprint by reducing energy use in their supply chains. “In a carbon-constrained environment, energy-efficiency measures represent the low-hanging fruit for companies wanting to reduce any direct emissions liability or exposure to rising energy prices,” Lavery said. “(Supply chains offer) “surprising distortions or anomalies that open up the potential for deep cuts in the emissions footprint.”
“Wir Suchen Markenchefs, Die Auch General Manager Sind (We Want Brand Managers Who Are General Managers Too)”
In the September 25 issue of Handlesblatt, Booz & Company Partner Gregor Harter (Europe) said that effective marketing decision-makers need to be savvier and more informed that ever to ensure their companies reach the best advertising channels. “To hit the right target customer segments, it is vital to dynamically plan the right media mix,” he said. “It’s no easy task. Nevertheless, some marketing managers solve the challenges with outstanding skill.” Harter headed a Booz & Company team that hosted the third-annual “CMO of the Year” Award September 24 in Frankfurt.
“Se Buscan Empresarios con Carácter (Looking for Charismatic Entrepreneurs)”
The September 21, 2008 issue of La Razón (Spain) cited the Booz & Company study, “Globalization of White-Collar Work,” and quoted Partner David Suárez (Europe). “The ability to design new models to attract talent globally and to build organizations that integrate the talent anywhere in the world effectively will be a critical competitive advantage for companies,” Suárez said.
“Cultural and Structural Shifts Rise Out of Risk-Taking Titans’ Hard Fall”
In an article in the September 21 edition of The Washington Post, Booz & Company Partner Seamus McMahon (North America) predicted that in the wake of the current credit crisis, investment bankers will need to work more closely with commercial banking colleagues, who they often considered stodgy and risk-averse. “There will be a merger of two ways of doing business,” said McMahon. “The stand-alone investment bank may have been an accident of history. It had its run and it’s over or at least vastly diminished.”
“Les Groupes Pharmaceutiques Doivent: Ils Réinventer leur Modèle? ” (Pharmaceutical Croups: Do They Have to Re-invent their Business Model?)
“Can the New CEO End a Culture Clash After a Merger?”
In a bylined article in the September 10 edition of the Financial Times, Booz & Company Partner Richard Rawlinson (Europe) argued that the key for a new CEO following a merger is to draw on the best of the past organizations, while showing a more attractive way forward. “A new CEO can do that, but still must find allies in the old factions,” Rawlinson wrote. “Together, they must personally demonstrate new ways of behaving, and it is better to be explicit than subtle about what these are. Inevitably, some executives will go: more often than not, cultural changes imply people change.”
“Standardsoftware für Banken—Zwischen Wunsch und Wirklichkeit” (“Standard Software for Banks—Between Desire and Reality”)
“Escassez de talentos irá comprometer o crescimento (Talent scarcity will jeopardize growth)”
“The Taxman Cometh”
In the September 1 edition of CFO Magazine, Booz & Company Partner Vikas Sehgal (North America) said that efforts by the Indian Government to extract more tax revenue from foreign business has caused some companies to look elsewhere. Some foreign companies with businesses in India are considering locations such as Eastern Europe and Mexico, he said. Meanwhile, other factors such as the strengthening rupee, the dollar’s recent decline and rapidly rising labor rates make India even more expensive for foreign clients. “To survive, Indian firms will need a very clear value proposition, backed up by experience and manpower,” said Sehgal.
“Lufthansa kauft in Belgien zu (Lufthansa is investing in Belgium)”
In the August 29 issue of Financial Times Germany, Booz & Company Senior Partner Jurgen Ringbeck (Europe) is quoted in an article on Lufthansa’s recent investment in SN Brussels Airlines. “Brussels Airlines is a good deal,” he said. “By investing in Brussels Airlines, Lufthansa can win more regular customers in Belgium.”
“US Could Become Net Exporter While Demand For Gasoline Falls”
An August 27 article in the Financial Times featured a new Booz & Company report that analyzes scenarios in which the U.S. could soon become a net exporter of gasoline, given shifts in demand, biofuel mandates and growth in alternative vehicle technology. Also citing increased refining capacity, the article quotes the Booz report: “It has opened up the possibility that the US will become long in gasoline (a net exporter rather than a net importer)… This is particularly likely if demand is reduced by an economic slowdown or a recession.” The article also mentions demand increases in emerging economies as contributing to the changing landscape for refiners.
“Shumeet Banerji: Binging On The Booz”
In an interview in the August 22 edition of The Economic Times (India), Booz & Company CEO Shumeet Banerji (Europe) detailed how the firm plans to soon launch operations in Mumbai and Delhi and is re-locating six senior partners from its offices in other parts of the world to India. While he will continue to be based out of London, Banerji plans to personally oversee the firm’s Indian launch. “The Indian market has matured dramatically since I was last here,” said Banerji, referring to a previous tenure when was based in the late 1990s in Mumbai. “Indian companies now have confidence. They have a global agenda and they have access to efficient capital.”
“Telecom Duopoly Safe Until 2012”
In the July 28 issue of The National (UAE), Booz & Company Principal Bahjat El-Darwiche (Middle East) was quoted in an article detailing a Booz & Company report that predicts the liberalization of Arab telecommunications markets would remain largely incomplete until new competitors were introduced, a period that could take four years. To do so, says El-Darwiche (Middle East), it is very important that regulators evolve their markets in a managed way. “On one side, don’t rush any decisions and effect market development,” he said. “But on the other side, don’t delay decisions and slow the market.”
“Best-Selling Books: #3 - Always On”
The July 25 issue of the Wall Street Journal’s weekly “Book Index” ranked Always On: Advertising, Marketing and Media in an Era of Consumer Control by Booz & Company Partner Christopher Vollmer (North America) the number three best-selling business book for the week. The accompanying WSJ.com article highlighted Vollmer’s book as a new addition to the list. Other books on this week’s list included such well-known titles as Jim Collins’ Good to Great (#4) and Malcolm Gladwell’s The Tipping Point (#13).
“Introducing Booz & Company”
In the July 23 edition of CFO-news.com (France), Booz & Company CEO Shumeet Banerji (Europe) provided insight into what corporate leaders look for when selecting a management consulting firm. “Leaders of companies and governments know the magnitude of the challenges they face,” Banerji wrote in a bylined piece. “They are not looking for rubber stamps. They need advisors who have the courage of their convictions, who will tell clients what they need to hear. And these leaders are looking for ways to establish a global enterprise, even if that means learning to synthesize contradictory perspectives from multiple places.”
“Apple’s Bright Shining Star: The Mac”
The July 21, 2008 edition of TheStreet.com quotes Partner Barry Jaruzelski (North America) in an article that explores how strong sales of the Mac in the previous three months have pushed Apple into the third position in the U.S. market for the first time, behind Dell and Hewlett-Packard. “People tend to lose focus on the Mac,” said Jaruzelski. “The Mac has been in ascendancy and is gaining market share and going forward. More of the action is going to be around the continued revitalization of the Mac.”
“Population Growth to Push UAE Telecom Expansion”
In the July 19, 2008 issue of Gulfnews (UAE), Partner Ghassan Hasbani (Middle East) is quoted in an article explaining how the overall Middle East telecom market is reaching saturation levels. Booz & Company research indicates that the sector experienced a compound annual growth rate of 44 percent between 2003 and 2007, with subscribers increasing from 24 million to 103 million. “Going forward, high growth levels will become increasingly difficult to sustain by relying only on traditional expansion,” said Hasbani. “So cross-border consolidation is expected to become increasingly common in the region.”
“Boomers, Boomers, Everywhere—and Quite a Drop In When They Go”
A July 16, 2008 article in Hispanic Business places Booz & Company among the vanguard of management consulting firms creating programs to assist multinational oil companies in capturing the knowledge of outgoing workers while developing the skills of younger workers with competency programs. The article investigates how the U.S. exploration and production industry is gearing for expected mass retirements over the next few years of “Boomer-aged” employees, particularly in middle management.
“Die Gewinne Steigen Kräftig-Noch“ (Profit Grows—For the Meantime)
The July 15 edition of Handelsblatt quoted Booz Allen Partner Gregor Harter (Europe) in an article that explored the effect of the subprime crisis for worldwide information technology in comparison to other industries.
“Breaking Up is Hard To Do”
In the July 10 issue of The Economist, Senior Partner Gerry Adolph (North America) is quoted in an article that explores the steadily growing number of corporate sales worldwide, and what senior executives should do to ensure value. As well as touting a division to potential buyers, managers must assess the impact its departure will have on shared corporate resources, such as finance and legal services. “Firms that don’t do their homework carefully risk being left with lots of needless overhead,” said Adolph.
“Skills Shortage Stunting Growth”
In the July 9, 2008 issue of Gulf Weekly (Bahrain), Partner Karim Sabbagh (Middle East) is quoted in an article that explores how a serious shortage of skilled professionals in the Middle East is threatening to stall the region’s oil and gas boom. “The oil and gas industry in this region cannot afford to be stunted by something as basic as acquiring a competent workforce,” said Sabbagh. “This is a problem that can have considerable consequences to this region.”
“Versorger Wollen in Smart Grids Investieren” (Suppliers Want to Invest in Smart Grids)
In the July 4 issue of Dow Jones Energy Weekly, Principal Rolf Adam (Europe) is quoted in a piece that examines the supplier, Versorger, in its strategy to invest in smaller grids.
“France Telecom Bläst Fusion von TeliaSonera ab” (France Telecom Cancels Fusion with TeliaSonera ab)
In the July 1, 2008 issue of Financial Times Deutschland, Partner Roman Friedrich (Europe) is quoted in an article that examines the canceling of an agreement between France Telecom and TeliaSonera.
“MTV Puts New Advertising ROI Metrics Into Rotation”
In the June 29 edition of Brandweek Magazine, Booz & Company Partner Chris Vollmer (North America) is quoted in an article that explores how the cable network is offering advertisers a new system that quantifies their media spends. According to Vollmer, the concept is a direction that other large media companies should explore. “Media companies sit on top of so much information (on) what resonates with the consumer,” he said. “They are creating and aggregating audiences every day, and they are in a better position to help marketers.”
“Why management is child’s play”
In the June 23, 2008, issue of The 7 Days Daily (UAE), Principal Fabrice Saporito (Middle East) is quoted in an article about the Booz & Company study, “Learn to Innovate from your Own Kids.” “Parents are amazed by the ability of their kids to learn at an amazing pace, and believe their children’s ability to learn and create is linked with their stage of development in life,” said Saporito. “Experiences with senior managers of multi-national companies rather suggest that context has often more to do with innovativeness than age.”
“Saint-Gobain Expands Glass Capacity With New Production Line”
In the June 23 issue of Gazeta Mercantil (Brazil), Booz & Company Partner Leticia Costa (South America) is quoted in an article that examines the expansion of the Brazilian company, Saint-Gobain.
“UAE’s Managers Can Learn A Lot From Example Set By Children”
According To A New Study From Booz & Company
Booz & Company Principal Fabrice Saporito (Middle East) is quoted in an article in the June 22 issue of Al-Bawaba (Jordan) that explores how managers can learn to innovate more effectively by having the courage to learn and experiment and create the right environment for innovation as children do. The comments are based on the Booz & Company survey, “Mastering the Innovation Challenge.”
“El buen gobierno dispara los despidos de los consejeros delegados en la última década”
Governance control measures increase CEO succession rates in the last ten years
Booz & Company’s major study “CEO Succession 2007: The Performance Paradox,” is the focus of an article in the June 16 edition of Expansion (Spain).
“Building a New Booz”
Shumeet Banerji is the CEO of Booz & Company, a New Global Firm Poised for Commercial Success
Booz & Company CEO Shumeet Banerji is Named to the list of Top 25 Consultants for 2008 by Consulting Magazine. An article with comments by Banerji appears in the magazine’s June issue.
“How to Get It Done”
The June 16 “What’s Offline” column in the New York Times featured the June cover story of the Harvard Business Review, authored by Senior Partner Gary Neilson and Principals Karla Martin and Elizabeth Powers (North America) about what it takes for organizations to execute effectively.
“A Closer Look at the Biofuels Future”
In the June 16 edition of Emirates Business 24/7 (UAE), a bylined piece by Senior Partners Bill Jackson and Eric Spiegel and Partner Leslie Moeller (North America) explored the truth of prevalent assumptions regarding biofuel’s promise and its impact on markets and the environment. Contributing to the article were Praneet Gupta, Martha Turner, and Frank Bogaert.
“The ICT E-volution”
On June 10 in AME Info (UAE), Booz & Company Partner Karim Sabbagh (Middle East) is quoted in an article that examines how nations in the Middle East and North Africa are developing telecommunications sectors.
“The iPhone Doesn’t Ring with Business”
Booz & Company Partner and Chief Marketing Officer Barry Jaruzelski (North America) is quoted extensively in a June 10 piece in The Street.com that explores sales of the iPhone.
“Bad Bosses Don’t Get the Boot”
A June 9 article in Management Today (UK) draws on research from Booz & Company’s seventh-annual CEO turnover study to examine why poor job performance for CEOs doesn’t guarantee dismissal.
“Demand for Product Engg Services to Grow”
On June 3, an article in Business Standard (India) cites the Booz & Company/NASSCOM Study: “Globalization of Engineering Services—The Next Frontier for India.”
“Special Report: 'Staffing Issues”
A June 1 article in China Economic Review explores Booz & Company’s “China Manufacturing Competitiveness 2007 – 2008” study.
“How To Get To The Top”
A May 29, 2008 article in The Economist cites research from Booz & Company’s seventh-annual CEO turnover study to analyze why Europe is a more dynamic and harsher environment than the U.S. or Japan for chief executives.
“Company Finance Alert—Taro Rejects Sun Merger”
A May 29 article in BMI Industry Insights (Middle East, Africa, UK) about the termination of a proposed merger of Taro Pharmaceutical with India’s Sun Pharmaceutical quotes Booz & Company’s Edward Tse (China).
“IT Role In Healthcare Increases”
The May 29, 2008 edition of ITWeb (South Africa) quotes Booz & Company’s Ramez Shehadi (Middle East) on how on-demand access to medical information benefits the healthcare industry.
“High Quality Can Beat The Credit Crisis”
In a special report May 29 entitled “Business of Luxury 2008,” The Financial Times quotes Booz & Company’s Gerald Adolph (North America) on how the current financial slowdown affects the business of luxury goods.
“India’s Next Big Job Grab: Engineering Services”
A May 29, 2008 article in Computerworld cites the Booz & Company/National Association of Software and Service Companies (Delhi) report, “Globalization Of Engineering Services—The Next Frontier For India.” The article quotes Booz & Company’s Vikas Sehgal (North America).
“Disappointing Results? The Manager Saves His Job”
The May 28 edition of Il Sole 24 Ore (Italy) quotes Booz & Company’s Fernando Napolitano (Italy) in an article about the consulting firm’s seventh annual CEO turnover study.
“Aufsichtsräte greifen härter durch”
Supervisory boards taking a tougher line
The May 27, 2008, issue of Handelsblatt quoted Booz & Company’s Stefan Eikelmann (Germany) in an article about Booz & Company’s landmark study, “CEO Succession 2007: The Performance Paradox.” "Today’s Supervisory boards are significantly more demanding, and act more quickly than they did ten years ago," said Eikelmann. "The rules of good corporate management are biting."
“CEO Security: No Replacements–Lack of Deep Bench Can Help Preserve Poor Performers”
A May 27, 2008 Wall Street Journal article uses findings from Booz & Company’s seventh annual CEO turnover study to discuss why poor-performing CEOs aren’t losing their jobs. Article cites Booz & Company’s Gary L. Neilson (North America).
“CEO Turnover Declines”
Booz & Company’s Richard Rawlinson (UK) is featured in a May 27, 2008 CNBC Europe segment discussing the consulting firm’s seventh annual CEO turnover study.
“Booz & Company to Focus on Consulting Work After Split”
The May 23, 2008 edition of Washington Business Journal features an article on the new company’s launch, strengths, and business objectives going forward. Booz & Company’s Barry Jaruzelski (North America) is cited.
“Booz & Company Starts Second Incarnation”
The May 21 edition of the Germany-based Handelsblatt cites Booz & Company’s Stefan Eikelmann (Germany) in an article about the separation from Booz Allen Hamilton.
“Booz & Company Launched as a Global Management Consulting Business”
The May 21, 2008 edition of Financial Times features an interview with Booz & Company CEO Shumeet Banerji discussing the commercial practice’s split from Booz Allen Hamilton and its trajectory going forward.
“Booz & Company selects BRIC as a Priority”
The May 21, 2008 edition of the Brazil-based Economico Valor cites Booz & Company’s Ivan de Souza (South America) in an article about the new company, with a mention of Brazil as one of its priority markets going forward.
