Horváth & Partners

Horváth & Partners is an independent, international management consulting company with about 1000 employees[1] worldwide and over 180 million Euro[2] in sales. The company was founded in Stuttgart in 1981 and currently has thirteen offices in Germany (Berlin, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart), Austria (Vienna), Hungary (Budapest), Romania (Bucharest), Switzerland (Zurich), Saudi Arabia (Riyadh), and the United Arab Emirates (Abu Dhabi, Dubai).[3] The company focuses on projects in strategic management, innovation management, process management, organization as well as controlling and finance.

Horváth & Partners
TypePartnership
IndustryManagement consulting
Founded1981
FounderPéter Horváth 
Headquarters Stuttgart, Germany
13 offices in 7 countries
ProductsManagement Consulting Services
Revenue€ 177 million (2017)
Number of employees
900 (2018)
Websitewww.horvath-partners.com

History

The company was founded by university professors Péter Horváth and Erich Zahn, as well as entrepreneur Hans-Georg Winderlich as IFUA Institut für Unternehmensanalyse in October 1981.[4] In the following years, employees entered the young company who significantly helped shaping the structure of the advisory group and who later held or still hold important appointments: Bernd Gaiser, Michael Kieninger, Reinhold Mayer, Andreas Renner and Christof Schimank. After the death of Hans-Georg Winderlich and the separation of Erich Zahn in 1989, the company was continued as IFUA Horváth & Partners GmbH. Together with his partners, Péter Horváth encouraged the development of new controlling methods (for example activity-based costing or the target costing approach) in his company. In the mid-1990s, he was involved in introducing the concept of the balanced scorecard in Europe.

In 2000, the company re-organized itself: Horváth AG was founded as a holding company of the Horváth & Partners group and issue-areas as well as industry expertise were bundled into competence centers. Péter Horváth took over the Chairmanship. To this day, this re-organized board and the partners are responsible for the management of the holding and its subsidiaries.

In 2006, the company became a member of Cordence Worldwide,[5] an international network of independent consulting companies. In 2008, the company reached 400 employees and the group surmounted 100 million euro in sales for the first time. In 2012, the company was ranked ninth after Bain & Company in the German consulting industry by the business news magazine Wirtschaftswoche.[6] In terms of turnover, Horváth & Partners is the fourth largest business consultancy with German origin.[7]

Academy

Horváth Academy is an educational institution that became an independent limited company of the Horváth & Partners group in April 2014. It is a joint organization with the European Business School aiming to provide executive education, and has locations in Stuttgart and Oestrich-Winkel.[8][9]

Literature

  • F.A.Z.-Institut für Management-, Markt- und Medieninformation GmbH (Hrsg.): Consulting 2010 : das Jahrbuch der Unternehmensberatung. Frankfurt am Main : FAZ-Institut, 2009. - ISBN 978-3-89981-736-2.

References

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