Revenue Growth: 124%
Navigate is a management consulting firm focused on helping clients solve their business problems. “We provide solutions in the areas of strategy, business operations, technology and risk,” Robert Kathol, CEO of Navigate. “Effective project management, organizational change and leadership flow through everything we do.”
Regardless of the particular services a client might need—from strategy definition or business process optimization, to mobile computing or risk
remediation—Navigate incorporates three key principals into everything it does: effective project management, change management, and leadership. “Our project management approach, based on experience and industry knowledge, will direct our efforts; change management will flow throughout to ensure success; and clear leadership from seasoned professionals will be your constant guide,” Kathol says. “Objectivity, practical advice and regionally located consultants offer our clients a better consulting experience. We deliver outcomes.”
With 124 percent revenue growth, Navigate settles in at No. 27 on Consulting’s list of Fastest Growing Firms. Consulting caught up with Kathol to discuss the Wayne, Pa-based firm’s future.
Consulting: What were the main factors that contributed to you exceptional growth?
Kathol: Four things: One, focusing on culture and bringing on professionals that believe in our vision, mission, and core values. Two, focusing on our region. Our understanding and deep relationships in the communities we both live and work gives us an edge. Three, focusing on several industry areas—not becoming dependent on one industry, rather a focus on sustainable industries in our region, thus reducing our firm’s risk. Four, focus on our five service areas. We do not want to be “everything to everybody”, but we also want to bring enough capability to have meaningful impact to large companies in our area.
Consulting: How is 2015 shaping up for your firm?
Kathol: 2015 has been a very strong year for the firm. Revenue growth rate is expected to be around 50 percent, our team expanded in both size and depth, significantly increasing our ability to drive impact for our clients. We have also added numerous strategic clients creating a greater foundation for the firm’s continued success.
Consulting: How would you describe your firm’s outlook for 2016? Where do you see the most opportunities?
Kathol: Macro and micro indicators point to continued strong momentum in our industry. Health care, life sciences, and manufacturing are industries that are thriving in our region and where our service areas/offerings align with their industry challenges and opportunities.
Consulting: What do you see as the biggest challenges for your firm in 2016?
Kathol: With a tightening of the professional labor market, employee retention will be critical for our firm’s stability and growth. With the emphasis we place on our culture, employee satisfaction is paramount.
Consulting: What does being named one of Consulting’s Fastest Growing Firms mean to your firm, your employees and your clients?
Kathol: It is a testament to the strength of our team and the impact we are having with our clients.