Award ceremony 23th November 2021 BEST OF CONSULTING - Helge Hoffmann and Georg Tominski (Source: Helge Hoffmann)
Around 25,000 management consultancies in Germany compete for the favor of clients willing to be consulted. Growing challenges such as globalization and digitalization, as well as dealing with acute crisis situations, have continuously increased the demand for qualified consulting services in recent years. The right consulting concept often decides the fate of a company and, with it, the future of its employees.
With the BEST OF CONSULTING Award, WirtschaftsWoche honors the project successes of consulting firms once a year with what is probably the most comprehensive consultant check in Germany.
On the occasion of the ceremonial awarding of the 2nd place in the category Finance, on November 23, 2021 in the Intercontinental Hotel in Düsseldorf, BEST OF CONSULTING certified the management consultancy bachert&partner outstanding achievements in the category "Finance".
The WirtschaftsWoche award was given for the presented reference project with their client Peter Kaiser, Pirmasens: The tradition-rich shoe factory had increasingly found itself in an existence-threatening situation due to the progressive structural change in the retail sector in recent years, which was additionally intensified by the accompanying circumstances of the Corona pandemic. With an integrated restructuring approach consisting of an operational restructuring program, self-administration proceedings and an M&A process initiated in parallel, bachert&partner succeeded in putting the company back on a solid footing. Not only was liquidity secured, but the break-even point was reduced by more than 70% and the annual result improved by more than EUR 2.5 million. The "Return of Consulting" of over 20 also convinced the top-class jury.
"Above all, we are proud and satisfied to have achieved a performance for our client that allows such a renowned traditional house like Peter Kaiser to look confidently into the future again," emphasizes Helge Hoffmann, partner responsible for the project at Bachert Unternehmensberatung GmbH & Co. KG. "The award by BEST OF CONSULTING is an additional confirmation and incentive for future projects."
With this year's award, bachert&partner seamlessly continues its successes in the BEST OF CONSULTING Award of recent years. Since 2017, the consulting firm has already succeeded four times with 1st or 2nd placements in the field of medium-sized consulting. Most recently, the company, founded in 2002 in the Swabian city of Heilbronn, achieved first prize in the "Operations" category in 2020 for the realignment of a manufacturer of recycling plants.
"This year we were able to prove ourselves for the first time in the next higher segment of the competition," explains Helge Hoffmann. "At BEST OF CONSULTING, we were in competition with the large, international consulting firms. The award is thus not only a continuation for us, but another milestone."