Thursday, July 16, 2009

InnoCentive Launches New Strategic Consulting Business

InnoCentive, Inc., the global open innovation marketplace, today announced plans to bring to market a new strategic consulting offering, tasking respected and widely quoted innovation consultant Stephen Shapiro with designing the structure of the new business. Shapiro is author of ''24/7 Innovation: A Blueprint for Surviving and Thriving in an Age of Change'' (McGraw-Hill, 2001) and a sought-after speaker on the topic of innovation. In his new role as Vice President of Strategic Consulting, Shapiro joins the existing senior management team, bringing a unique perspective and more than 20 years of experience with challenge-driven innovation. In addition, Shapiro will be responsible for working with key consulting partners to ensure an integrated methodology and common approach to open innovation for joint clients.

With its new strategic consulting offering, InnoCentive will help organizations benchmark their open innovation readiness, develop custom innovation approaches and advise them on how best to engage in the cultural and process changes necessary to be successful. This in turn will give organizations the tools to make open innovation repeatable and predictable, like other capabilities in their business.

"InnoCentive already has a strong reputation for open innovation. My role will be to expand this reputation to encompass innovation in general," said Stephen Shapiro. "I am thrilled to be part of an organization that is changing the world, one challenge at a time."

In his books, "Little Book of BIG Innovation Ideas" and "Innovation Personality Poker," Stephen Shapiro draws on his corporate expertise and innovate concepts to counsel individuals and businesses on techniques to realize their full innovation potential. Previously he had a 15-year career with the international consulting firm Accenture, where he established and led their Global Process Excellence Practice, delivering innovation training to 20,000 consultants. Shapiro has presented his formula for success to hundreds of thousands of people in nearly 40 countries. Among the dozens of leading organizations he has advised are Staples, GE, Fidelity Investments, Pearson Education, Nestlé, Johnson & Johnson, and Bristol-Myers Squibb.

"We are always striving to help our customers realize increased success," said InnoCentive CEO Dwayne Spradlin. "Our strategic consulting offering will complement our existing ONRAMP, @Work and Marketplace offerings, and is a natural 'next step' for us. We welcome Steve to the team."

Shapiro will report directly to Dwayne Spradlin, President and Chief Executive Officer, InnoCentive, effective immediately.

About InnoCentive, Inc.

InnoCentive was founded in 2001 to help companies innovate better. InnoCentive built the first global web community for open innovation, enabling scientists, engineers, professionals and entrepreneurs to collaborate to deliver breakthrough solutions for R&D-driven organizations. InnoCentive Seekers, who collectively spend billions of dollars on R&D, submit complex problems to the InnoCentive Marketplace where more than 175,000 engineers, scientists, inventors, business people, and research organizations in more than 175 countries are invited to solve them. Solvers who deliver the most innovative solutions receive financial awards ranging up to US$1,000,000.

InnoCentive@Work, InnoCentive's Software as a Service offering, helps organizations make the most of internal resources by uniting experts from all areas of a company in an open innovation environment that encourages cross-fertilization of ideas. InnoCentive makes it easy to get up to speed on either product with ONRAMP, an extensive set of tools, expertise and best practices designed to accelerate success. InnoCentive's Seekers include commercial, government and non-profit organizations including Avery Dennison, SAP, Procter & Gamble, Pendulum, Eli Lilly and Company, Janssen, Solvay and The Rockefeller Foundation. For more information on InnoCentive, go to: http://www.innocentive.com/.

Public Sector Consulting Reaches an Important Juncture

The public sector consulting market is a safe haven in a recession, and consulting firms know it. In an era where financial "safety" seems more myth than reality, consultancies are voracious for stable revenues. And to secure that stability, consultancies need only to provide clients with the industry expertise they demand.

According to new findings from the research firm Kennedy Consulting Research & Advisory, governments worldwide continue to invest in consulting and advisory services despite the failing economy and high unemployment; and the intensity of firms vying to get their share of the pie is at an all-time high. The impressive size and comparatively robust growth of the public sector market is prompting consultancies to build out their public sector practices, redeploying resources from across their private sector verticals with the prerogatives of maintaining consultant utilization and growing revenues.

"The changing role of government in the private sector business -- including nationalization, M&A facilitation, and bailouts -- simultaneously changes the solutions needed to satisfy demand," says Kelly Matthews, Associate Director of Research, Kennedy Consulting Research & Advisory. "Neither government staffers, nor specialty boutiques and defense contractors, which have dominated the public sector in recent years, possess the necessary expertise for disentangling the multiple crises afflicting the public sector. So now, governments turn to consulting firms that have successfully repositioned their private sector expertise to the government."

Budget deficits and the associated pressure to provide more services with fewer resources, combined with waning institutional knowledge are prompting public sector consulting service providers to deliver innovative and transformational solutions. Firms that can help government organizations realize cost savings and significant ROI in the short-term will be successful in winning business.

The implications of firms repositioning their private sector service suites to the public sector are significant for both buyers and providers of public sector consulting services, and are analyzed in Public Consulting Marketplace 2009-2012 -- part of Kennedy's ongoing research in its Public Sector Consulting Series. The new research scrutinizes key market trends and demand forecasts, by government segment, key geography, and the service lines of Human Resources, IT, Business Advisory, Strategy and Operations consulting.

In addition, Kennedy analysts have indentified the strongest consulting firms in the public sector consulting marketplace. They are featured in three distinct Kennedy Vanguards of Public Sector Consulting Practices -- one each for Management Consulting, IT Consulting and Business Advisory Services. Among the consultancies rated are: Accenture, A.T. Kearney, Aton Origin, Bain & Company, Booz Allen Hamilton, Capgemini, CSC, Deloitte, IBM, KPMG International, McKinsey & Co. Oliver Wyman, PA Consulting, PricewaterhouseCoopers and Roland Berger Strategy Consultants.

About Kennedy Consulting Research & Advisory

Since 1970, Kennedy Consulting Research & Advisory, a division of Kennedy Information, has been the world's leading source of market analysis on the Management Consulting and IT Consulting industries, serving the most highly regarded professional services firms and Fortune 500 companies across the globe. Kennedy provides accurate and reliable market sizing and forecasts for consulting services world-wide; needs analysis and vendor profiling for buyers of consulting services; timely and insightful intelligence on the top consulting firms in their respective markets; and operational benchmarks that measure consulting performance. Kennedy's research spans multiple service areas, client vertical industries, and geographies.

Kennedy's stand-alone consulting advisory unit, Kennedy Information Advisors, provides results-oriented strategic guidance to buyers and sellers of consulting services.

Keane Acquires Certain Public Services Business of BearingPoint

Keane, Inc., a provider of outsourcing and information technology consulting services, has acquired public services business in North America from BearingPoint, Inc., a provider of management and technology consulting services. Both Keane and BearingPoint are based in the US.

Announcement (June 23, 2009):

Keane has entered into an asset purchase agreement with BearingPoint, to acquire BearingPoint public services business in North America, including BearingPoint's New York City practice.

BearingPoint had filed for Chapter 11 bankruptcy protection on February 18, 2009 and is selling substantially all of its businesses as part of its restructuring plan.

The transaction is expected to close by end of June 2009.

Deal Type Acquisition
Sub-Category Asset Purchase
Deal Status Completed: 2009-07-13

Deal Participants

Target (Company) BearingPoint, Inc. - Public Services
Acquirer (Company) Keane, Inc.
Vendor (Company) BearingPoint, Inc.

Deal Rationale

The transaction would enable Keane to enhance its presence and its profile in serving public sector clients in New York, US.

Adros Hybrid Energy Solutions Lead the Way for Green Technology to Bloom in the Clean-Energy Market

Custom Solar, Geothermal and Wind Solutions coupled with Expert Consulting Services to offer Unique Green Energy Conversion Plans for residential and commercial consumers.

Adros Energy, a leading green energy company in New England, sells and installs solar, geothermal and wind turbine solutions to harness free energy from the earth’s renewable resources. The Adros hybrid energy systems generate free, and clean heating, cooling and electricity to counter the soaring cost and environmental harm that comes from the use of fossil fuels. The company takes a consultative approach to educate clients about recent technology advances, system cost reductions and lucrative financial incentives associated with using green energy. Their energy consultants explore with clients the many economic and environmental advantages of using renewable energy to power their homes and businesses. This unique approach has helped the company create immediate and significant market demand for their products and services. “The green movement is rapidly expanding the use of clean energy from the early adopters to mainstream deployment of clean energy systems” says Matt Currier, president of Adros Energy. “The recent passing of the American Clean Energy & Security Act of 2009 by congress has increased the rush to use our hybrid energy systems. We are inundated with people eager to learn about our systems, how they work and how to leverage the advantages they offer.”

Clean energy systems that produce heat, cooling, and electricity, with a very low carbon foot print, are quickly becoming the accepted and desired practice for government, business, and individual consumers. People are eager to learn about alternative energy technology and how it can improve the profitability of their business or reduce home costs to stretch budgets. “There is a tremendous amount of information about clean energy available that can be outdated or inaccurate. This often mystifies or confuses how the technology works and pays back” says founder Phil Morano, engineering chief at Adros. “We strive to simplify the conversion to green energy for our customers.

Adros offers a breadth of alternative energy solutions that are specifically developed for each customer. Adros compliments these product offerings, with energy consulting, system design and financial services. The company works with customers to develop a comprehensive green energy conversion plan. Adros installs their solutions in a phased fashion to match the customer’s conversion schedule and budget.

One of the leading growth areas of green technologies is solar energy. There are two types of solar energy systems offered by Adros. The first is photovoltaic (PV), a method for generating electric power from the sun’s radiance. Adros PV systems use photoelectric cells packaged in modules, or solar panels, to create PV arrays that harness the sun’s power and turn it into electricity. A recent customer, Bill Rapf, installed his Adros PV system to generate a large portion of his electrical power needs. “After converting to solar thermal several years ago, I wanted to expand my use of clean energy. Adros provided expert technical and financial consultation to illustrate exactly how my Adros PV array operates, how much my energy costs would drop and how I would quickly recover the entire investment in just a few years of operation.

The second solar energy system is solar thermal. In this system, energy is derived from the sun’s radiant heat and is commonly used to generate hot water for domestic use or radiant floor heating. Solar heating systems are generally composed of solar thermal collectors filled with a glycol fluid that transfers the heat from the collector to storage tanks where it is then made available for use.

A well suited solution for New England is geothermal technology. The Adros geothermal system is an excellent way to combat today’s high heating and cooling bills. Geothermal provides an extremely cost effective alternative to fossil fuel heating. Mr. Evans, an Adros client, elected to install a geothermal system in the home he is building. “Working with Adros Energy has helped me understand many geothermal design considerations. They simplified the entire geothermal heating and cooling design process. After evaluating multiple companies and designs, I selected Adros for their expertise, quality, affordability and customer centric values."

Wind Energy is an emerging alternative energy technology in New England. Wind turbine deployment is quickly catching solar and geothermal installations. A wind turbine is simply a generator that produces electricity when the wind blows. Adros uses the same concepts to target the smaller sized needs. The Adros wind system can be mounted on a roof or pole to provide power for homes or small businesses. Like their massive cousins, the Adros turbines can be grouped and linked together to power large facilities and company campuses.

Adros Energy designs, installs and maintains each system they sell. All installations are performed by a team of industry certified Adros technicians. “I think I have the most fun at the company” says Adros owner John Haithcock. “I manage the installations at the customer’s site. We often work hand in hand with the clients who are thrilled to see their system come together and as a result achieve a level of independence from ongoing increased expenses.”

Adros Energy creates unique custom systems by combining several clean energy technologies to compliment one another. The hybrid system of PV with geothermal provides the power to run the circulating pump without incremental electric cost. In systems where PV and Wind combine, power continues to flow at night or on stormy days, or conversely, on windless sunny days. Using solar thermal combined with geothermal increases the amount of free hot water produced with this Adros hybrid system. Creative combination systems can meet the ultimate green goal; complete “off-grid” energy generation. These customers achieve total independence from traditional energy sources and freedom from big oil or utility companies.

Renewable energy sources contribute immensely to our environmental preservation. It reduces our dependencies on fossil fuels and environmental damage other energy technologies. As business expands so does the need to find new ways to power our efforts. Green technology is an investment in saving energy and money while conserving vital resources and the environment. Adros Energy prides itself on being the emerging leader in the Clean Energy Market; offering hybrid energy solutions to allow clients the ability to convert from traditional energy methods to renewable Green technology using safe and cost effective methods.

About Adros Energy

Adros is a Greek word meaning abundant and substantial which reflect perfectly the same quality of renewable energy. The company was founded in January, 2009, and is privately owned by Phil Morano, Matt Currier, and John Haithcock. The three principles complement each other to create an exceptional management team. Matt focuses on business strategy and leads sales & marketing; Phil drives the research & design efforts while managing engineering; John leads quality control, construction and on site installation operations for the company.

The company has quickly found success and established a leading position in the New England area by educating its customers on the value realized from converting to green energy. The Adros Energy team is dedicated to creating the highest level of customer satisfaction. This guiding principle governs all operational aspects of the company to enable the deployment of high value, quality, and affordable, hybrid green energy solutions. Adros Energy is headquartered in Nashua, NH with sales locations through out the greater New England area. To learn more please visit http://www.adrosenergy.com or send email to info@adrosenergy.com. You can also stop at their booth during Boston Green Fest 2009.

LJK Consulting, LLC Taps SJA Strategies for Public Relations Services

Lowell Kay, CEO of LJK Consulting, LLC, a Los Angeles-based technology consulting firm, has tapped SJA Strategies, Inc. to handle its public relations needs.

“I am happy to have Randy Steinberg and Evelyn Jerome Alexander on board to publicize my growing company,” said Kay. “SJA Strategies has a long track record of high-level media placements for its clients, and I look forward to their putting their skills and expertise to work for LJK.”

About LJK Consulting, LLC

LJK Consulting
is a technology company that assists broadcast companies with their technology needs. LJK specializes in data and file based workflows, design and deployment of television, post production and mobile infrastructure, SAN and software implementation.

About SJA Strategies, Inc.

SJA Strategies is a full-service public affairs firm built on an idea that has become so old-fashioned it seems brand new: providing excellent customer service to a select group of clients. In an age where giant global communications companies dominate the public relations landscape, SJA believes that clients want to work with the truly experienced people whose names are on the door. SJA’s principals bring more than 30 years of combined experience to the company’s clients, and a track record of successful results for clients requiring government, community and media relations counsel and services.

Glocap Search, Stacy Blackman Consulting Join Forces

Glocap Search and Stacy Blackman Consulting have formed a strategic partnership. The exclusive partnership brings together New York-based Glocap Search, a leading executive search firm, and Los Angeles-based Stacy Blackman Consulting (SBC), which advises potential business school students on their application processes. The new venture will enable Glocap and SBC to add continuous value to high-caliber business professionals as they transition from the workplace to school and back.

Brian Korb, Senior Partner, said Glocap is pleased to endorse SBC's premium service which has already helped many aspiring business school students achieve their educational goals. He added that SBC's track record of success can also benefit companies with whom Glocap works and which are typical feeders to top business schools. "We are excited to be associated with a firm of SBC's stature and are looking forward to working with such a well-regarded franchise in the consulting/admissions arena," he said.

Stacy Blackman noted that Glocap is known for attracting top talent. "We are eager to give guidance to these professionals and to help them gain admission to the MBA programs of their choice." She added that SBC is also excited to refer graduating MBAs to Glocap, a leading resource for post-MBA professional opportunities.

About Glocap Search


Glocap Search is a leading retained executive search firm focused on the alternative asset, investment banking and management consulting industries. It has a global practice placing investment professionals at all levels as well as substantial practices placing CFOs, Controllers, COOs, Admin/Support, IT, and Marketing professionals into Buyout/Growth Equity funds, VC Funds, Private Equity firms, Private Equity Fund of Funds, Hedge Funds, Hedge Fund of Funds. Glocap is headquartered in New York City and has offices in Greenwich, CT, San Francisco, Los Angeles, Silicon Valley, Seattle and London.

About Stacy Blackman Consulting

Stacy Blackman Consulting helps clients gain admission to top business schools across the globe. The company uses an approach based on developing and implementing a winning marketing strategy for each applicant, thus making the process less stressful and more successful.

Quality Assurance Expert Debbie Russell Joins CastleBay Consulting

CastleBay Consulting Corporation, a consulting services firm specializing in providing high impact consulting services to the property & casualty insurance market, today announced that Debbie Russell has joined the company’s quality assurance team. In her new position, Russell will focus on expanding CastleBay’s quality assurance practice and providing CastleBay clients a wide variety of quality management services.

In addition to her tenure as an independent consultant, Russell was most recently a consultant with BearingPoint working as a technology analyst and quality assurance specialist. Prior to BearingPoint, Debbie also worked in various quality assurance roles with the Canadian Imperial Bank of Commerce (CIBC) and as a business analyst with their eServices group.

Commenting on Russell’s appointment, George Grieve, CastleBay’s CEO and founder noted, “Given that legacy replacement is the focus of what CastleBay does, quality assurance has always been and always will be an integral component of the services we offer. Debbie’s experience and the wealth of knowledge she brings to our practice will help us to broaden and deepen our quality assurance practice. We look forward to Debbie’s contribution and quality management leadership.”

Debbie Russell added, “I am very impressed with CastleBay’s commitment to and focus on quality assurance and management. Legacy system replacement is always a challenge, but with a good quality assurance program in place, we can help to manage and reduce the risk for our carrier partners. By combining CastleBay’s extensive property & casualty knowledge and our hands-on expertise with all aspects of quality management, we are the ideal organization to help insurers navigate through and enjoy successful legacy replacement projects.”

CastleBay’s quality assurance (QA) services follow best practices using effective project management and structured testing methodologies supported by the Quality Assurance Institute (QAI). CastleBay QA services offer a wide range of options, including:

* Establishment and initial management of a QA department;
* Assistance in the selection and training of business testing analysts and test leads;
* Definition and monitoring of quality management and testing processes;
* Coordination of quality procedures with other affected projects; and,
* Assistance in the selection and implementation of available QA software tools.

About CastleBay Consulting Corporation


Austin, Texas based CastleBay Consulting was founded in 1998 to provide high impact consulting services to the Property & Casualty insurance market. Services include strategic systems planning and acquisition; quality management; program and project set up, management and assessment; business process and requirements analysis; and related software implementation services.

CastleBay’s consultants average more than 25 years of insurance industry experience and represent a wealth of experience as executives and officers from world-class vendor and insurance carrier companies.

To learn more about CastleBay Consulting’s services, call 512.329.2619 or visit the website at www.castlebayconsulting.com.