Kearney Buying Silicon Foundry For Expanding Strategic Transformation And Innovation
Kearney – a leading global management consulting firm – recently announced the acquisition of Silicon Foundry (Check out Pulse 2.0’s profile of Silicon Foundry from earlier this year). And this acquisition represents the firm’s commitment to helping C-suite executives truly transform their organizations by providing corporate executive leaders worldwide with access to the most cutting-edge new technologies, start-ups, and venture investors at the core of the innovation ecosystem.
As Kearney is approaching one hundred years of helping clients evolve their business models, this acquisition is another example of its industry leadership and dedication to enhancing expertise and expanding services to better respond to the uncertainty and volatility of the modern business landscape. Businesses now understand and emphasize the importance of access to the venture world to improve business agility and increase their ability to innovate.
Corporate leadership teams have increasingly expressed interest in tapping into the innovation ecosystem for strategic partnerships, investments, and acquisitions but often lack either the expertise or network to reach those in Silicon Valley and beyond. And the symbiotic relationship will benefit both sides, bringing Kearney teams and consultants closer to the innovation ecosystem while providing Silicon Foundry with a strong network of corporate executives from which it can continue to expand.
KEY QUOTES:
“We’re excited to welcome Silicon Foundry to the Kearney family and look forward to partnering with their world-class experts in providing best-of-breed innovation services for our clients. Given Kearney’s global reach, the ability to provide clients across Europe, Middle East, and Asia with direct access to some of the most disruptive start-ups across the major global technology ecosystems will truly set the firm apart from our competitors.”
— Ben T. Smith IV, Partner, Americas Lead for Telecommunications, Media, and Technology and Member of the Kearney Board of Directors
“We are thrilled to join forces with Kearney and in doing so, to leverage and further enhance the range of its resources, the depth and breadth of its relationships with top executives and entrepreneurs spanning all major industries, and add to the full range of expertise and services capabilities across the firm. Becoming a part of the Kearney family will immediately accelerate Silicon Foundry’s ability to scale globally, as well as to extend the reach of the sectors we currently serve and range of solutions we can offer. We’re equally as excited for the impact this combination will have on our current and future clients, who will benefit from the firm’s brain trust and access to the thousands of Kearney professionals around the world.”
— Neal Hansch, CEO of Silicon Foundry
“As the pace of innovation continues to accelerate, corporations recognize the need to stay better connected to the investors, entrepreneurs, and thought leaders who are driving this change. Silicon Foundry will help our clients participate in this ecosystem efficiently, and when done correctly, will play a key role in helping them continue to transform and evolve.”
— Evan Gutoff, Kearney Partner and Americas Strategic Transformation Lead, and Manager, Kearney Venture Capital.
“This acquisition reaffirms our firm’s commitment to innovating the management consulting model and providing transformative services to our clients and learning opportunities to our consultants and professionals.”
— David Hanfland, Kearney Partner and Americas Region Chair