Winning the "Hidden Champion" award three times in a row confirms The Advisory House’s status as an outstanding consulting company.
The goal of the "Hidden Champions" study is to introduce lesser-known consulting firms that are able to compete with the "champions" in the market – McKinsey, Boston Consulting Group and Bain - according to the study's definition.
In the context of a broad empirical investigation, which is carried out every three years by the Scientific Society for Management and Consulting GmbH under the direction of Prof. Dietmar Fink (Bonn Rhein-Sieg University of Applied Sciences) together with the magazine Capital, clients of the nominated consulting companies are interviewed regarding the competences in their area of expertise. Only those consultants who are given a higher level of competence by their customers in at least one field of consulting than all the three "champions" receive the "Hidden Champion" award.
For the third time in a row, the "Hidden Champion of the Consulting Market" study in the "Energy Industry" category sees The Advisory House ahead of the renowned top brands and other qualified consultancies specialized in the energy industry.
The consulting firm also convinced in the categories of "industry knowledge" and "cooperation", where it received top 5 rankings in the overall consulting market.
"We are very excited about the renewed confirmation of our position in the market as well as the repeated first placement in the energy industry and top results overall", says Franz Gologranc, Partner and Speaker of the Management Board at The Advisory House. "We owe this success both to our clients, who value the combination of technical expertise, innovative solutions and personal working style, and to our employees, who do great consulting work with a great deal of dedication and know-how".
The Advisory House was confirmed for the second time as the "hidden champion" of energy consulting. In addition, The Advisory House was able to position itself as a strong implementation partner in the overall ranking.
The Advisory House was named one of the "Hidden Champions 2012". In the "energy industry" category. The consulting firm prevailed over both the major consultancies and all the other qualified industry specialists and was ranked No. 1.
"We have followed the development and performance of The Advisory House in the past with great interest. Different market players independently recommended to take The Advisory House into consideration. Thus, we are glad that our empirical analysis confirms and emphasizes our market observation ", explains Prof. D. Fink.
… must be nominated by a board of experts, consisting of experienced consulting clients and market analysts
… needs to have an independent C-level awareness (including CEOs, Directors and P&L responsible) lower than 15% in big German corporations with a minimum of € 1 Billion in revenues yearly
… must succeed in preliminary investigations, confirming the general potential to be awarded the first rank in the final Hidden Champion study
… needs to be able to name at least 20 contact persons of client companies that are willing to answer questions regarding expertise and performance of the consulting company in written form or personally
… needs to be rated better than McKinsey, Boston Consulting Group and Bain in at least one area of expertise; the ranking is carried out by the named contact persons as well as by the study's supervisory board arranged by the "Wissenschaftliche Gesellschaft für Management und Beratung GmbH"