New York, NY, December 23, 2013—Booz & Company’s global partners have voted overwhelmingly to approve a combination with PwC. The two organizations announced October 30th they had signed a conditional merger agreement. Following the required regulatory approvals and assuming the fulfillment of other customary closing conditions, the deal is expected to conclude in the first quarter of 2014.
Press releases 2013
New York, NY, October 30, 2013—PwC and Booz & Company are pleased to announce that they have signed a conditional merger agreement. The proposed transaction is conditional on approval by Booz & Company partners, receipt of required regulatory approvals, and other customary closing conditions.
Booz & Company Announce Its Ninth Annual Global Innovation 1000 Study: China National Petroleum Corporation and ZTE enter Top 100
Beijing, October 28, 2013—Yearly R&D spending among the world’s 1,000 largest public corporate R&D spenders has hit a record high of US$638 billion, according to global management consulting firm Booz & Company in its ninth annual Global Innovation 1000 study. However, despite the sustained overall increase in R&D budgets over the last decade, this year’s findings show once again that higher spending doesn’t guarantee bigger payoffs. Indeed, the 10 most innovative companies our study identified this year financially outperformed the world’s top 10 spenders, despite actually spending significantly less on R&D. Additionally, the study shows that companies are spending 8.1 percent of their R&D budgets on digital tools to enable their innovation process—either to boost productivity or to improve their ability to gain better insight into customer needs.
2013 China Innovation Survey: Alibaba Ranks 1st in Top 10 Innovative Local Companies in China while Ma Yun named the Most Popular Innovation Leader of the Year
Shanghai, September 24, 2013—China Innovation Forum 2013, co-organized by the leading global management consulting firm Booz & Company and Chinese top tier business media 21st Century Business Review, was held in Shanghai.
Shanghai, August 21, 2013—AmCham Shanghai and Booz & Company survey finds Chinese consumers increasingly seek higher quality products and shop online, two key trends driving company strategies.
Global Innovation Index 2013: Hong Kong (China) Ranks 7th, Local Dynamics Key to Overcoming Global Innovation Divide
Shanghai, July 3, 2013—In the Global Innovation Index 2013, published by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO), Hong Kong (China) ranked 7th while China ranked 35th, down from 34th in 2012 United States rejoined the five most-innovative nations and the United Kingdom moved up to the third spot while Switzerland retained its place atop the rankings.
Booz & Company Fit for Growth Study Finds a More Strategic Approach to Cost Management is Key for Companies Preparing for the Next Round of Expansion
Shanghai, June 20, 2013—Leading global management consulting firm Booz & Company today announced the results of the 2013 Fit for Growth Index study, which finds sustainable company performance is driven by the extent to which corporations are able to link their strategic and cost agendas.
Booz & Company Chief Executive Study Finds Steep Rise in Planned CEO Turnovers as Companies Take Active Control of Their CEO Succession Planning
Shanghai, 18 April 2013—Leading global management consulting firm Booz & Company today announced the results of this year’s Chief Executive Study, finding the highest share ever of planned CEO successions.
Shanghai, 11 April 2013—Despite efforts in the past decade to improve information and communications technologies (ICT) infrastructure in developing economies, there remains a new digital divide in how countries harness ICT to deliver competitiveness and well-being, according to the 12th edition of The Global Information Technology Report, released today by the World Economic Forum, in collaboration with Booz & Company. Booz & Company contributed a chapter entitled “Digitization for Economic Growth and Job Creation”.
Booz & Company Closes Acquisition of Management Engineers: Combined Firm Offers Clients Unrivaled Operations Expertise and Industry Experience
Shanghai April 3, 2013—Global management consultancy Booz & Company announced today the closing of its acquisition of international consulting firm Management Engineers. This esteemed consultancy will bring 17 partners and 145 staff to Booz & Company and a highly complementary market position and functional heritage—particularly in auto/industrials and operations consulting in Germany, but also in China, the UK, and the US. The transaction was announced in February, subject to the approval of Booz & Company’s partners.