- By: Tom Bolger
A Consulting Magazine One on One with West Monroe's Tom Bolger.
Consulting: How would you describe the firm's strategic growth direction?
Bolger: The way we describe it in colloquial terms is we had a very well-running, efficient organic growth engine for the firm from 2002 until today with 30 percent compounded annual growth over the last five years. We knew as we continued to get larger it would be harder to sustain those levels of growth, but we sort of built the organization to be a high-growth, high-energy type environment. We wanted to look for opportunities to sort of augment or offset, in football terms if that was our ground game these were going to be big chunk plays. We had three things we put inside of strategic growth, M&A or corporate development, geographic expansion as well as the innovation network, we have an internal innovation engine that spins up new practice areas for us. These were things that were intended to maintain our historically high growth rates as we got larger.
Consulting: West Monroe has made two big acquisitions in the last few years, what were you trying to achieve through this growth?
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