58. V2A Strategic Management Consultants Growth Rate: 40% HQ: San Juan, PR
V2A is a management consulting firm based on more than a decade of experience helping clients define and achieve their objectives through rigorous strategic planning, operational improvement, organizational development, integration services, applied business analytics, and cultural transformations. “We complement our client services with an in-house innovation lab, Akcelita, which allows us to develop next generation technology solutions applied to real world problems,” says Manuel Calderón, Director of V2A Strategic Management Consultants. “More than just defining visions and plans, we emphasize the development of specific, high impact action and help our clients every step of the way in achieving results from vision to action.” Consulting caught up with Calderón to discuss the firm’s 40 percent growth rate and its No. 58 ranking on this year’s Fastest Growing Firms list.
Consulting: What were the main factors that contributed to your firm’s exceptional growth?
Calderón: The main factors contributing to our success lie in building deep relationships with a limited number of clients and continuing to nurture a talent pool of the highest caliber, while maintaining a unique firm culture. 2015 was an exceptional year of growth for V2A. Ongoing relationships with key clients led to recurring projects in our core financial services practice. We experienced continued business development within multiple sectors and entry into a new sector, telecommunications, performing post-merger integrations and LEAN management projects. The year was also marked by continued support of the nonprofit sector with various engagements revolving around education.
Consulting: How is this year shaping up for your firm?
Calderón: 2016 has been a challenging year for our consulting business thus far given the steep economic recession in our main market, Puerto Rico. We are positioning ourselves for growth in other geographies we serve, particularly in Central America and the Caribbean. Nevertheless, it has been a great year for Akcelita, our innovation lab delivering accelerated custom technology solutions. Our proprietary products developed in house are being successfully commercialized in the US and Latin America.
Consulting: How would you describe your firm’s outlook for 2017? Where do you see the most opportunities?
Calderón: Our outlook for 2017 is very promising, particularly entering new markets and continuing to leverage our strategic partnership with Akcelita. We also see great opportunities in supporting upcoming government restructuring efforts as part of PROMESA (Puerto Rico Oversight Management and Economic Stability Act).
Consulting: What are your firm’s biggest challenges in 2017?
Calderón: The biggest challenge we will face in 2017 is to continue sustaining and strengthening our unique firm culture as we grow in different geographies.
Consulting: What does being named one of Consulting’s Fastest Growing Firms mean to your firm, your employees and your clients?
Calderón: Being named one of Consulting’s Fastest Growing Firms for a second consecutive year is exciting. It is a testament to the value we provide for our clients and the commitment our employees have with our firm.