LONDON, April 16,
2024 /PRNewswire/ -- PA Consulting ('PA'), is
proud to announce the publication of its 'Ingenuity Review 23'. The
report sets out PA's 2023 performance and five-year growth, as well
as its work with clients to successfully navigate the global shifts
shaping our world. Against a backdrop of significant political,
economic, and environmental change, PA has made clear progress in
its vision to work with its clients to deliver exceptional insight
and impact. Building a positive human future that is safer,
healthier, more equitable, prosperous, and sustainable.
Key performance highlights include:
- Generated fee income of £790 million for the year ending
December 2023, up 0.5% YoY
- Achieved 73 percent growth in fee income over five years
- Recommended by 97 per cent of clients
- Volunteered more than 21,000 hours of its people's skills and
expertise to support local communities.
Christian Norris, CEO of PA
Consulting, says: "At PA, we believe in the power of ingenuity to
build a positive
human future. This is our purpose, and it guides our every
action. Finding new, innovative ways to build a positive human
future is more urgent than ever. I am proud of the work we have
done in 2023 to achieve exactly this, bringing deep industry and
technical expertise to unlock new opportunities for our clients. I
continue to be inspired by our teams, whose energy, expertise, and
commitment is nothing short of amazing."
2023 HIGHLIGHTS: BUILDING A POSITIVE HUMAN
FUTURE
Breakthrough technologies made real
Over the past year, organisations turned to PA when looking to
deliver technology-enabled real-world innovation – whether the
answer to their challenge required a change in strategy, a new
product or service, or a wider enterprise transformation.
PA's pioneering approach can be seen in its work for Hubly
Surgical, which is on a mission to transform bedside neurosurgery.
In 2023, a PA designed life-saving bore drill to replace archaic
and high-risk methods in intracranial surgery, received Food and
Drug Administration (FDA) clearance in the US. This new-to-world
neurotechnology can now be brought to market to save lives.
Innovation accelerates results
For innovation to achieve real impact, PA believes it needs to
be viewed through a full lifecycle, end-to-end lens. Understanding
the impact of potential changes across a complex system is
imperative to secure a rapid return on
innovation investment.
This approach was evidenced through PA's work, in strategic
partnership with Jacobs, for the UK's Nuclear Decommissioning
Authority (NDA). The PA and Jacobs team led a digital enterprise
asset transformation journey within a highly regulated landscape.
The team combined nuclear sector expertise alongside digital, data,
organisational design, and people and change skills to rapidly
transform NDA's asset support capability, resulting in major
savings for safety critical, regulated assets.
Diverse experts unlock opportunity
Diversity of expertise – from perspective to experience – leads
to better ideas. To deliver innovative and effective solutions to
previously unsolvable problems, organisations need the right blend
of diverse experts in combination with emerging technologies.
In 2023, PA's strategists, innovators, designers, consultants,
digital experts, scientists, engineers, and technologists helped a
wide range of clients, including the team at Amsterdam Airport
Schiphol. As one of the world's busiest airports, moving over 72
million passengers a year, Schiphol needed a way to assess the
carbon footprint of its technology and data. PA worked with
their teams to discover how technology and data can help turn their
ambition to be the world's most sustainable airport into
reality.
Progress through collaboration
PA's team thrives on solving the most complex challenges,
creating strategies, and leading transformations across
organisations and industries. This involves bringing together
different perspectives and stakeholders – regulators, the public
sector, the private sector, start-ups, supply chains, the science
community, and more – to unlock new value.
As part of PA's new defence and security consortia, TeamProtect,
it is collaborating with the UK's Ministry of Defence (MOD) to
deliver CRENIC – a project that will keep soldiers safe from
radio-controlled threats. The project has so far brought together
110 diverse and globally dispersed tech, innovation, and AI
businesses into the same ecosystem – breaking down some of the
traditional barriers around public sector procurement to fast-track
innovation.
CELEBRATING LIFE AT PA
PA's people are its driving force, and the company offers
exceptional career opportunities. As well as purpose-driven work,
PA is committed to making the company a great place to work by
creating a culture that's collaborative, diverse, inclusive, and
rewarding. In 2023, its vibrant inclusion networks continued to
thrive.
Also in 2023, PA launched a new Digital Apprenticeship programme
and a suite of AI Academy courses, to develop the skills,
knowledge, and behaviours that support its people's career
development.
Support for local communities
PA people, and The PA Foundation, share a goal to develop and
inspire people, particularly those facing disadvantage, to be the
innovators and leaders of tomorrow. Over the past year, PA
volunteers have continued to grow and support their local
communities.
In the UK, PA volunteers helped support immigrants and refugees
to gain employment, coached ex-prison offenders to help prepare
them for future interviews, and even went back to school – getting
involved with education initiatives that help break down limiting
beliefs among disadvantaged students to inspire the young leaders
of the future.
In the US, The PA Foundation worked with Upwardly global,
providing mentoring to help eliminate employment barriers for
immigrant and refugee professionals and advance the inclusion of
their skills into the US economy. The PA Foundation also worked in
the US with the Point Foundation, supporting LGBTQ students to
achieve their full academic and leadership potential. In
Denmark, The PA Foundation
worked with Laer for Livet to strengthen the educational
competencies of vulnerable children through supportive learning,
enabling them to complete an upper secondary education.
Through the fantastic work of PA people, who volunteered over
21,000 hours of their time and expertise to support its charity
partners in the last year, PA has amplified the work of The PA
Foundation, which distributed £2 million in funding across the UK,
US, Nordics, and Netherlands.
PA's support of its local communities was recognised by the
prestigious British Diversity Awards, which announced PA as winner
of its Social Mobility Initiative of the Year in 2024. PA was also
a silver award winner at the 2023 UK Social Mobility Awards.
Responsible business
PA is committed to working across industry to drive change and
create lasting impact. In 2023, through a partnership with The
Economist Educational Foundation, PA launched its new teaching
workshop on plastics. With the Ministry of Defence UK Space
Command, PA brought together academics, government stakeholders,
the wider space industry, and sustainability experts to explore the
challenges and opportunities for space to protect our planet.
Throughout 2023, PA continued to uncover and accelerate ways to
safeguard the planet securing it various industry awards for its
expertise in sustainability.
For more information, visit
www.paconsulting.com/about/ingenuity-review
About PA.
We believe in the power of ingenuity to build a positive human
future.
As strategies, technologies, and innovation collide, we create
opportunity from complexity.
Our diverse teams of experts combine innovative thinking and
breakthrough technologies to progress further, faster. Our clients
adapt and transform, and together we achieve enduring results.
We are over 4,000 strategists, innovators, designers,
consultants, digital experts, scientists, engineers, and
technologists. And we have deep expertise in consumer and
manufacturing, defence and security, energy and utilities,
financial services, government and public services, health and life
sciences, and transport.
Our teams operate globally from offices across the UK,
Ireland, US, Nordics, and
Netherlands.
Discover more at paconsulting.com and connect with PA on
LinkedIn and X.
PA. Bringing Ingenuity to Life.
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