FTI Consulting Wins Four 2016 Association of Management Consulting Firms Spotlight Awards
June 20 2016 - 6:30AM
FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm
dedicated to helping organizations protect and enhance their
enterprise value, today announced that FTI Consulting has won four
2016 Association of Management Consulting Firms (“AMCF”) Spotlight
Awards. The AMCF Spotlight Awards celebrate the exemplary value
that consultants create for their clients, namely the innovative
and sustainable solutions they deliver during client engagements.
Project entries are assessed by an independent panel of judges
drawn from academia, media and the public/private sectors.
FTI Consulting was honored in the following categories:
- Finance/Risk Management – RadioShack (“AMCF High
Five”)This category is defined as the effective use of
finance and risk management to support an operation or business
unit. This project was also ranked as a top scorer, or an “AMCF
High 5”, meaning the entry achieved a top five score amongst all
categories and submissions. FTI Consulting’s Corporate Finance
& Restructuring segment was retained as financial advisor to
facilitate a 363 sale process for RadioShack, and FTI Consulting
Senior Managing Director, Carlin Adrianopoli, was appointed as
Interim Chief Financial Officer. The restructuring paved way for
the continuation of RadioShack and the preservation of its iconic
American brand and saved numerous jobs both domestically and
overseas. In addition, Sprint entered into a strategic partnership
as part of the sale transaction, which significantly expanded their
brick and mortar presence overnight.
- Operating Model Design –
Children’s National Health SystemThis category is
defined as projects that reinvent business operating models to
ensure long-term sustainability, financial viability and/or
profitability by using operational reviews and benchmarking of best
practices in order to create new organizational models. As part of
the development of a five-year projection related to changes in
Health Reform prepared in 2012, FTI Consulting’s health solutions
practice was retained to conduct a Performance Improvement
Assessment study to assist in developing and implementing
widespread changes to current business operations. With the
benefits of the clinical and operational changes, Children’s
National Health System achieved improvements of over $100 million
during 2014 and 2015 and has received two upgrades in its credit
rating, achieving an A+ recognizing financial strength and
outstanding organizational progress.
- Corporate Social Responsibility – Out
LeadershipThis category is defined as work that enables
clients to achieve outstanding and sustainable benefits for
society, including the environment. FTI Consulting’s Strategic
Communications segment was retained by Out Leadership, the first
global LGBT business organization to promote equality in Asia
through a multifaceted public relations program focused on
addressing social stigma. At Out Leadership’s annual summit, FTI
Consulting increased media attendance and Out Leadership’s digital
footprint by 400 percent.
- Internal Initiative – FTI AwardsThis category
celebrates internal, non-client facing initiatives that exemplify
the mission and values of a consulting firm. FTI Consulting
received this award for an internal awards program, which
recognizes the firm’s professionals for their contributions and
successes on an annual basis. The awards, which were incorporated
in 2014, celebrate professionals in different business functions,
levels and regions, and also aides to generate excitement about the
future of the firm and its evolving cultural values. Professionals
are nominated by their peers and are ultimately selected by the
firm’s Executive Committee. The awards ceremony is webcast across
the globe and both winners and nominees are celebrated through
various internal activities.
“Winning four AMCF awards honors the enormous dedication that
our professionals put into delivering the highest quality results
for our clients,” said Steven H. Gunby, President and Chief
Executive Officer at FTI Consulting. “And, of course, there is no
higher calling in professional services.”
“I was also pleased to see our recently created FTI Awards
program, which helps our own professionals celebrate their
colleagues’ tremendous talents and contributions, be recognized for
an ‘internal initiatives’ award,” Mr. Gunby added.
Winning teams and their clients will be honored at a celebratory
dinner on June 23, 2016 in New York City.
Judging CriteriaThe 2016 AMCF Spotlight Awards
were assessed by an independent panel of judges drawn from
academia, media and the public/private sectors. A full list of
judges is available here. The project must have been completed
within 18 months of the submission date. The panel judges projects
through a rigorous process according to the following criteria:
Commitment to High Quality and Professionalism; Quality of Client
Relationship; Application of Management Skills and Knowledge;
Achievement of Measurable and Qualitative Results; Clarity of
Language; and Excellence of Presentation. Additionally, a client
survey is distributed for each project entry containing 20
rating/scale questions and five optional questions.
About FTI ConsultingFTI Consulting, Inc. is a
global business advisory firm dedicated to helping organizations
protect and enhance enterprise value in an increasingly complex
legal, regulatory and economic environment. With more than 4,600
employees located in 28 countries, FTI Consulting professionals
work closely with clients to anticipate, illuminate and overcome
complex business challenges in areas such as investigations,
litigation, mergers and acquisitions, regulatory issues, reputation
management, strategic communications and restructuring. The Company
generated $1.78 billion in revenues during fiscal year 2015. For
more information, visit www.fticonsulting.com and connect with us
on Twitter (@FTIConsulting), Facebook and LinkedIn.
Investor & Media Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
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