Big Four firm Deloitte continues its move into consulting with the acquisition of Kaisen Consulting, a Bristol-based boutique leadership consultancy of business psychologists as part of a move to launch a new leadership consulting practice, to target the global leadership services market, estimated to be worth around $40bn (£26bn) a year
Deloitte has bought the business and assets of Kaisen Consulting Ltd, which employs over 60 people, including 30 occupational psychologists based in the UK and US. It has 25 years’ experience working with senior leaders in more than 40 countries.
Richard Houston, managing partner of consulting at Deloitte UK, said: ‘Having initially established an alliance with Kaisen almost five years ago, today’s transaction is the next phase in integrating the specialist knowledge and experience of the two organisations. The establishment of Deloitte’s leadership practice is an important step in building our global consulting business, allowing us to help clients identify, develop and retain their leaders.’
Deloitte says its new practice will offer its global client base access to a full range of leadership services, including unique assessment tools, such as in-depth psychological profiling, management development and leadership strategy.
The aim is to recruit 700 people across Deloitte’s network of member firms by 2020, of whom 140 will be based in the UK. The practice will initially be launched in the UK, US, Canada, Australia, and Japan, before it is rolled out to Deloitte’s network of member firms.
Dimple Agarwal, global organisation transformation and talent leader at Deloitte, said: ‘Leadership is an issue at the top of the boardroom agenda. Deloitte’s 2015 human capital trends [report] showed that nine in 10 organisations cite leadership as one of their biggest challenges.
'Only 8% of UK organisations believe that they have an “excellent” leadership pipeline. It is clear that companies are struggling to attract, retain and develop the leaders which will shape their future.’
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