Daugherty Business Solutions
Revenue Growth: 104%
Since 1985, Daugherty Business Solutions has specialized in helping companies think bigger and expect more, all while delivering results with a real-world approach, says Founder Ron Daugherty.
With expertise in the areas of enterprise planning, digital engagement, agile transformation, technology optimization, IoT and Mobile Applications, Information Management and more, Daugherty consultants are solving mission-critical projects for some of the most well-known companies in the world. Their partnering ability, proven methods, and team of more than 1,000 consultants sets them apart, Daugherty says.
Consulting magazine caught up with Daugherty to discuss the firm’s 104 percent growth rate and No. 33 position on the Fastest Growing Firms list.
Consulting: What were the main factors that contributed to you exceptional growth?
Daugherty: One primary factor that contributed to our growth is our culture of delivery excellence. We are committed to delivering exceptional value to every customer who gives us the privilege of working with them. We are engaged with many of the most successful companies in the world and much of our success is due to repeat and referral business.
Consulting: How is 2015 shaping up for your firm?
Daugherty: Things are shaping up nicely, and we’re finishing strong in 2015. The first half of the year was a bit of a challenge because our leadership bandwidth was not keeping pace with our rapid growth. So, we’ve been putting a lot of energy into leadership development and identifying and investing in our high potential, talented people. We’ve had a record number of promotions from within the organization, and it’s really starting to pay off.
Consulting: How would you describe your firm’s outlook for 2016? Where do you see the most opportunities?
Daugherty: We’re well positioned for a fantastic 2016. Increasing our leadership bandwidth, re-energizing our sales organization, and investing even more in our ability to bring thought leadership to our customers is giving us the opportunity to have our best year ever. There is a huge and growing opportunity in the marketplace for anyone who can leverage new technology and innovation to drive business value, and that is exactly where Daugherty is positioned.
Consulting: What do you see as the biggest challenges for your firm in 2016?
Daugherty: Greatest challenges and greatest opportunities are two sides of the same coin. Our goal is to grow from $200 million to a billion dollars in annual revenue over the next 10 years, which we can accomplish by maintaining our current growth rate. 2016 will be a key year for us to put the necessary processes and systems in place.
Consulting: What does being named one of Consulting’s Fastest Growing Firms mean to your firm, your employees and your clients?
Daugherty: It’s a validation that what we’re doing is being appreciated by the marketplace and a nice way to measure our progress against our vision in a quantifiable manner. And finally, please allow me to express my heartfelt thanks to all my Daugherty teammates. Because of them, our company makes an extremely positive impact on our customers, our employees, and our communities. I’m proud of all of them and what we’ve built together. And, there’s so much more to come.