Staufen receives Forbes International Award for Excellence

August 13, 2024 | Global news, News Brazil

For the third year in a row, management consultancy Staufen has been recognized by Forbes, standing out in a growing global market driven by the demand for expertise in complex and dynamic business environments.

Once again, management consultancy Staufen has been recognized by Forbes as one of the “World’s Best Management Consultancies”. The award reaffirms the expertise of the consultancy, which helps both large international corporations and medium-sized family businesses to boost their performance in a sustainable way. In times of global crises and uncertainty, Staufen’s international presence and its focus on operational excellence make it a strategic partner for solving immediate problems and preparing companies for future challenges.

The recognition by Forbes, in partnership with market research company Statista, reflects the growing importance of management consultancies in the business world. In 2024, companies faced a business environment marked by unpredictability, challenges and opportunities. Economic disruptions include the climate crisis, economies recovering from the pandemic, global conflicts, cyber threats, increased demands on the supply chain and a new wave of innovations in artificial intelligence. Many companies do not have specialists in-house with the necessary expertise to meet these challenges, and this is where consultancies like Staufen play a crucial role by offering specialized support.

The Forbes list was based on three national surveys of consultants (partners and managers of consulting firms) and clients (executives) in the United States, the United Kingdom and Germany, as well as a global survey of 8,500 consultants and clients in 29 countries. Companies were recommended in 13 sectors, such as technology, financial services and health, and 14 functional areas, such as mergers and acquisitions, marketing and sustainability. The companies with the highest number of recommendations were included in the list and given a star rating.

Staufen was recognized in 11 segments, including Operations Management, Automotive, Aerospace, Digital Transformation, Supply Chain Management and Services.

Wilhelm Goschy
Staufen CEO

Consulting market booming

The demand for management consulting services has grown significantly. According to the Global Data Intelligence Center research platform, the global consulting market, valued at US$ 343.47 billion in 2022, is expected to grow at a compound annual rate of 7.56%, reaching US$ 494.57 billion by 2027. This growth underscores the importance of these consultancies in preparing companies for an increasingly complex and dynamic business environment.

“Although we use the latest digital technologies, our work goes beyond laptops and dashboards. On a daily basis, we are where change needs to be experienced and implemented: in our clients’ offices and factories. Our main goal is to optimize the value chain from end to end. This approach is becoming increasingly crucial in the face of growing competition, disruptive technologies and global crises,” says Wilhelm Goschy, CEO of Staufen. “This new recognition from Forbes confirms our effective and sustainable approach. It also serves as motivation to continue developing and implementing the most innovative and practical solutions to benefit our customers,” adds Staufen’s CEO.

Complex business environment drives search for consultants in Brazil

In Brazil, the management consultancy market has shown continuous growth, reflecting the growing demand for specialized services to help companies face the challenges of an increasingly complex business environment.

According to data from the Brazilian Association of Consulting Companies (ABCO), the sector will generate around R$30 billion in 2022, with a growing demand for consulting in areas such as digital transformation, operational efficiency and crisis management. This increase in demand is directly related to the need for companies to adapt quickly to changes in the market and to optimize their processes in order to remain competitive.

The outlook for the future of the sector is promising, especially with the advance of digitalization and the adoption of new technologies such as artificial intelligence and data analysis. “These resources have enabled consultancies to offer more accurate insights and more efficient solutions, boosting our clients’ performance,” emphasizes Staufen’s managing director in Brazil.

According to projections by Global Data, the consulting market in Brazil is expected to grow at an annual rate of around 6%, in line with the global trend and reinforcing the importance of these companies in promoting a more resilient and competitive business environment in the country.

For Staufen’s managing director in Brazil, Dário Spinola, customized solutions that meet the specificities of the Brazilian economic scenario is a major differentiator for Staufen in positioning itself in the country. “With a dynamic regulatory environment and an economy marked by cycles of instability, companies need consultancies that offer not only technical expertise, but also in-depth knowledge of the local context. In addition, the growing pressure for sustainability and social responsibility has led consultancies to develop strategies that align companies’ economic objectives with more sustainable and ethical practices,” Spinola explains.

Dário Spinola
Managing Director of Staufen in Brazil

Operational Excellence: The road to business success

As well as being recognized as one of the “World’s Best Management Consultancies 2024”, Staufen was voted “Best Management Consultancy” (brand eins/Statista) for the eleventh time in a row and was also highlighted as the best Lean management consultancy in Germany in the “Hidden Champions 2022/23” study carried out by the Wissenschaftliche Gesellschaft für Management und Beratung (WGMB). Staufen also recently received the “Best of Consulting” award from Wirtschaftswoche magazine for another successful project.

“While we appreciate the trophies and awards, the real value of our work lies in the results we deliver to our clients. With our consultants, our clients implement innovative initiatives around the world and create a culture of continuous improvement that empowers their employees to reach their full potential, as well as significantly boosting their companies’ economic performance,” says CEO Goschy.

about staufen

With more than 30 years in the market and a presence in more than 10 countries, Staufen is a leading management consultancy in operational excellence, setting new standards in the way companies can achieve significant performance improvements along the entire value chain and, at the same time, establish a culture of improvement that boosts performance.

The holistic approach to operational excellence encompasses the competencies of Performance Improvement, Industry 4.0, Supply Chain Management and Organizational Development. When combined skilfully, these competencies ensure rapidly measurable results and continuously optimize all areas along the value chain.

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