Elixirr

Rank: 56 Revenue Growth: 82%

Stephen Newton, Founder & Managing Partner of Elixirr, says "You can't out-innovate the market. We help executive boards to truly understand this, and then work with them to ensure their business model can respond effectively to disruptive market forces. We build businesses together—for our clients, and for ourselves." Newton sat down with Consulting to discuss Elixirr's performance.

Consulting: What were the main factors that contributed to your firm's growth? 

Newton: There is only one thing—a laser focus on delivering beyond expectations for our clients. We've always done this and will always continue to. And it's symbiotic. This focus means we're able to continually up the bar in terms of the work our clients ask us to do, which means we can continue to hold ourselves to high standards when it comes to the exceptional quality of our team and new talent who want to join Elixirr. We're a mix of career consultants, industry practitioners and entrepreneurs, and I don't believe you can find this anywhere else. We're agile, we move fast and we continually challenge ourselves to get better and better.

Consulting: How is this year shaping up for your firm? 

Newton: I am extremely proud to say we are in the best position we've ever been in as a firm. We've just surpassed our highest revenue month ever and this trend looks set to continue. We have a client list to die for and a strong pipeline—the market is responding to us well. I believe this is because we are bringing something truly different to the market—we're walking the talk that many consulting firms are not able to walk, when it comes to embedding innovation for their clients… and for themselves. That said we are never, and must never be, complacent.

Consulting: How would you describe your firm's outlook for 2018? Where do you see the most opportunities? 

Newton: Growth! We continue to grow in Europe and Africa, and we are seeing strong demand in the U.S., which is of course, a huge opportunity. We are increasingly being seen as the leader and the right consulting partner in the innovation space, on top of our strong reputation across more 'traditional' outsourcing and operating model work. We have always been very clear that the consulting industry is not immune to disruption, and are looking at ways that Elixirr can be that disruptor.

Consulting: What would you say are your firm's biggest challenges in 2018? 

Newton: Keeping our quality bar high when it comes to the talent we bring in to the business is probably our biggest challenge. With strong demand from the market comes the need to increase our headcount, but we will never recruit to simply fill positions.

Consulting: What does being named one of Consulting's Fastest Growing Firms mean to your firm, your employees and your clients?  

Newton: We are extremely proud. I am extremely proud of our team—what they are doing for our clients often blows me away! Like I said before, we could not have achieved this without them, so I hope that it reinforces their passion for building our firm, and delivering ever-increasing quality for our clients.

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