Monitor Deloitte

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Monitor Deloitte

logo
legal form partnership
founding 2013
Seat Cambridge, Massachusetts
management Jonathan Goodman
Branch Business consulting
Website https://www2.deloitte.com/de/de.html

Monitor Deloitte is the global strategy consultancy for the consulting and auditing company Deloitte , which arose from the takeover of the Monitor Group by Deloitte. Monitor Deloitte is present in more than 20 countries and advises decision makers and management in the private and public sectors on strategic issues.

history

Monitor Deloitte was founded in 1983 in Cambridge, Massachusetts as the Monitor Group. The founders Michael Porter , Mark Fuller, Joseph Fuller, Michael Bell, Mark Thomas and Thomas Craig had strong connections to the Harvard Business School through teaching activities, among other things . The aim of founding the Monitor Group was to apply the approaches developed by Porter as an economics professor and researcher in the field of strategy in the private and public sectors.

The Monitor Group emerged weakened from the global economic crisis of 2007/2008, whereupon the partners sold the company to Deloitte in 2013. Prior to its acquisition by Deloitte, Monitor Group was headquartered in Cambridge, Massachusetts and employed more than 1,500 consultants in 27 offices and 17 countries. According to the Monitor Group, 85 percent of sales came from regular customers.

Today's consulting company was created in 2013 through the integration of the strategy consulting Monitor Group into the Strategy & Operations Service Line of Deloitte. Monitor Deloitte's global operations are currently led by Jonathan Goodman as global managing partner. Ambar Chowdhury is responsible for the business in the USA, the EMEA business is led by Wayne Nelson and the region Asia-Pacific by Jeremy Drumm and Mohit Mehrotra. With the takeover by Deloitte, Monitor Deloitte will be further internationalized by opening new offices in Denmark, Italy, Spain and Japan. The internationalization of various activities, such as the opening of new locations for Doblin, an innovation consultancy belonging to Monitor Deloitte, was further initiated.

Monitor Deloitte in Germany and the German-speaking area

In Germany, the former Monitor Group carried out its first projects for a southern German technology group from 1989. These projects were initially served from the London office, with increasing sales in Germany, a first office was opened in Munich in 1991. In 1994 the Frankfurt consultancy Consilium GmbH was taken over and the Monitor Group Deutschland GmbH was founded. In 1996 the office opened in Zurich. In 1999 the then Senior Vice President of the Boston Consulting Group , Thomas Herp, joined the Monitor Group as President Central Europe and Managing Director Monitor Group Deutschland GmbH. At the time of the takeover by Deloitte in January 2013, the Monitor Group employed 45 consultants in Munich and 25 consultants in Zurich. After the takeover, Wayne Nelson, then head of the German Monitor Group Dependence, became head of the German Monitor Deloitte Practice. Egbertwege took over this task on June 1, 2018.

Monitor Deloitte currently employs around 200 consultants in Hamburg, Berlin, Munich, Düsseldorf, Frankfurt, Stuttgart and Cologne. In addition to classic strategy consulting, Monitor Deloitte offers the internal innovation and design consultancy Doblin and the Deloitte Neuroscience Institute in Germany. The "Center for the Long View" serves customers all over the world with scenario planning.

Holdings

Global Business Network

In 2000, the Monitor Group took over the global business network (GBN), a scenario specialist consultancy founded in Berkeley in 1987 by Peter Schwartz, Jay Ogilvy, Stewart Brand, Napier Collyns and Lawrence Wilkinson. The Global Business Network supports customers (companies, NGOs and governments) in finding their way in an uncertain and volatile world and in growing in this market environment. For this purpose, scenario planning and experiential education were brought together with a network of experts and visionaries.

Doblin

In 2007, the Monitor Group took over the globally active innovation consultancy Doblin, which was founded in 1981 by Jay Doblin and Larry Keely. Doblin solves customer problems by applying an interdisciplinary approach based on the interconnection of design, strategy, social sciences and technology. After Deloitte took over the Monitor Group, Doblin acted as an innovation consultancy (including the development of new business areas) within Deloitte. To this end, designers, researchers and strategists work in the Doblin teams.

Monitor regional competitiveness

Consultation based on Michael Porter's theses on regional competitiveness, advising a number of countries and regions, such as Portugal, the Basque Country, Scotland, Norway, Saudi Arabia, Libya and Jordan. The Monitor Group's activities in Libya have attracted fierce criticism, with the Monitor Group admitting in 2011 that the more than $ 3 million project contract with the Libyan regime was a mistake. The Monitor Group had brought international experts such as Francis Fukuyama , Richard Perle, Benjamin Barber, Joseph Nye and Robert Putnam to Libya to meet leaders of the regime there.

Monitor Institute

Advice for philanthropy and non-profit sectors. The Monitor Group was heavily involved in voluntary work and advice, including through direct venture capital investments in the non-profit sector. The Monitor Group also provided the non-profit venture fund New Profit Inc. with offices and access to its advisors. According to estimates by Kirsch, the Monitor Group provided services in the millions, among other things, Monitor provided 10 to 15 consultants at any given time who worked for New Profit. The Monitor Group carried out more than 100 projects with non-profit customers.

Monitor Clipper Partners (MCP)

Private equity investment firm that invests corporate and external funds. MCP invests in various companies in North America and Europe. To date, the company has invested more than $ 2 billion in 45 companies. Other related activities included Monitor 360 (strategy for governments and NGOs), Monitor Talent (network for authors, experts and academics), Monitor Merchant Banking (financial advisory and investment banking services,) Monitor's Market2Customer (market research) and Grail Research (research Intelligence company, founded in 2006 and sold to Integron in 2010).

Individual evidence

  1. https://www.forbes.com/sites/stevedenning/2012/11/20/what-killed-michael-porters-monitor-group-the-one-force-that-really-matters/#44f23266747b
  2. https://www.economist.com/blogs/schumpeter/2012/11/consulting
  3. https://web.archive.org/web/20120325220849/http://www.monitor.com:80/AboutUs/WhoWeAre/HistoryandFacts/tabid/116/L/en-us/Default.aspx
  4. https://www.squeaker.net/de/Karriere/Monitor-Group
  5. BCG Manager Herp as President Central Europe for Monitor Company . In: HORIZONT . ( horizont.net [accessed March 13, 2018]).
  6. Monitor Deloitte under new management | Deloitte Germany. Retrieved October 13, 2018 .
  7. Neuroscience Institute | Deloitte Germany. Retrieved March 13, 2018 .
  8. Innovation Consultants . In: Doblin . ( doblin.com [accessed March 13, 2018]).
  9. Center for the Long View | Deloitte Germany. Retrieved March 13, 2018 .
  10. http://www.rpi.edu/dept/NewsComm/Magazine/dec99/visionary1.html
  11. https://www.wired.com/1994/11/gbn/
  12. https://web.archive.org/web/20100105183523/http://gbn.com/about/started.php
  13. https://www.bizjournals.com/boston/stories/2001/07/23/focus1.html
  14. https://www.bizjournals.com/boston/stories/2001/07/23/focus1.html
  15. https://www.bizjournals.com/boston/stories/2001/07/23/focus1.html
  16. Archived copy ( memento of the original from September 21, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.integreon.com