advertisement

KCRA IT Consulting Research

header image
Thursday, February 9, 2012 11:38am RSS icon
Top 25 Consultants 2012
  • One on One
    Subscribe
     

Interviews

  • »One on One with KCRA’s Paul Gronwall
    Perhaps no industry has seen more dramatic upheaval and uncertainty over the last few years than Financial Services. Though, through all the volatility, the sector has not only survived, but its thrived. But what's the status of the market now, and what does the future hold for consultancies in this sector? Those are the question answered in Kennedy Consulting Research & Advisory's latest research report—Financial Services Consulting Marketplace: Key Trends, Profiles and Forecasts.
  • »One on One with Mission Measurement’s Pranav Kothari
    One effect of the economic downturn has been a significant slowdown in the flow of public and private charitable dollars. Pranav Kothari, Managing Director of social impact consulting firm, Mission Measurement, says the firm helps clients quantify the outcomes of their philanthropy work.
  • »One on One with AlixPartners’ William Callender
    Following its August acquisition of retail financial services consultancy, Mercatus, AlixPartners continues to broaden its footprint in the financial services sector, this time by hiring William Callender as a Managing Director of the firm’s Financial Services Practice.
  • »One on One with Cliff Consulting’s Robin Nasatir
    Not many management consultancies can say they got their start during the Nixon Administration, but Cliff Consulting can. In 2012, Cliff will celebrate its 40th anniversary and President Robin Nasatir says the Oakland-based firm has big plans to celebrate the start of the firm’s fifth decade in business.
» View all

Cmag.com Exclusives

  • »How to Achieve an ROI for Healthcare BI
    As hospitals make significant investments in electronic medical record (EMR) technology, along with related updates to hospital billing, materials management, costing, and quality systems, they typically find that the promised analytics and reporting are not adequate. To tie together data from these disparate systems and even to optimize access to data within an integrated system, a Business Intelligence (BI) strategy is needed.
  • »Bold Predictions for 2012: It Will Not Be a Quiet Year
    Will 2012 bring the end of days? The Mayans thought so, but I’m not convinced. The coming year is certain to see major events play out on the world stage that may forever alter our course in history. So what can we actually expect as we start this turbulent year and how will it impact our lives?
  • »Looking for 'Superstars' in All the Wrong Places
    Many sales gurus and consultants suggest we study (for several hundred thousand dollars) how these superstars sell and then train everybody else to use the same techniques. But the average performers, no matter how many new sales techniques they learn, never produce even half as much as the superstars.
» View all
Featured Employer North Highland logo
More Jobs

Security Check

CAPTCHA Image
OK
Cancel
New Image
  • Home
  • Rankings
  • Small Jewels
3 29 2010
»The 2010 Small Jewels: Lenati

Jennifer WinterJennifer Winter and Kris Klein both began their careers with Arthur Andersen and then moved over to Hitachi Consulting. But the “big firm” way of doing business just wasn’t for them, so the two co-founded Vitalent Group in 2005, which was renamed Lenati in January 2009.

“Andersen got a lot less compelling for us because big services, I think, really is organized around—in the end—outsourcing and systems implementations,” Winter says. “So, we were both passionate about how do you make an organization more competitive in the market, grow share, grow revenue, and it just wasn’t happening for us at a big firm.”

Winter and Klein suspected there was a gap in the market around helping organizations figure out the best way to grow revenue through the use of services. “I still believe there aren’t a lot of firms that are very good at this, even today,” she says.

Winter, managing partner and co-founder of Lenati, has a background in statistics and human behavior sciences. “I was really passionate about business, but I was more passionate about the relationship aspect of business—how you deal with customers and changing customer behavior?” she says. “I came into business in a different way, but it was all sort of around sales and marketing, and that’s really all about connecting with customers.”

The two built their initial employee base out of people they knew and had worked with in the past. “We wanted to put a mix of people together that would be more collaborate,” Winter says. “We wanted to bring different expertise together that would help us solve problems that we were never able to do before since we were working in the leveraged model as opposed to the expertise model.”

The moves are obviously paying off. Lenati held pace last year and is projecting an 18 percent increase in 2010. Winter says there are a few reasons for that. “One, we’re in a pretty good market and the northwest was impacted a little bit less than the rest of the country economically,” she says. “We still had clients that were interested in making an investment in what we do. Two, our offerings are focused on driving revenue and competitive market gain and that sort of insulated us a little bit.”

LenatiWinter says the firm also really hunkered down with the relationships it had and held firm on rates. “Last year, we really doubled down on the relationships we had and on the clients that knew what we could do,” Winter says. “In a tough economy, everything gets more results driven. So when you have a practice, like we do, where you can show results it makes it a little easier.”

As far as 2010, Winter says Lenati’s pipeline is strong and that companies seem to be willing to invest in projects before adding to their headcount. “I think this trimming back has lead to this willingness to spend on projects because they need to get the work done, but an unwillingness to reinvest in headcount that they may have to divest later.”

Meanwhile, Lenati did something last year that it tells clients to do: it positioned itself for growth in a down market. Winter says there were some really talented people on the market through no fault of their own and the firm scooped them up—all part of the plan to double the practice over the next four years to about 80 people and $13 million in revenue. The firm will also look at some new “underserved” markets, such as Denver and Salt Lake City.

“I stared at a small practice with Andersen, but it grew really fast up to 150 people during the dot-com boom, and it really lost the connection of people trying to solve problems,” she says. “I don’t want us to grow too fast. For us, growing with consistency and quality has always been better than just trying to achieve numbers.”

—Joseph Kornik

<< Previous The Kaleel Jamison Consulting Group    2010 Small Jewels    Markon Next >>
»Related Articles
  • Communications
  • High Tech
  • Small Jewels
advertisement
  • advertisement
|
»

Searching

page loading