Further recognition for strategic consulting excellence
At the inaugural ceremony of The Consultancy Growth Network Awards on Thursday 13th June 2024 in London, Cognosis was awarded Silver in the Strategic Impact category, which celebrates the positive impact consultancies have on their clients’ transformation, their clients’ customers, society and the environment.
PRESS RELEASE - June 2024
Just weeks after being named among the top strategic consulting firms in the UK, Cognosis has added a prestigious award from The Consultancy Growth Network (TCGN). At the inaugural ceremony of the Consultancy Awards on Thursday 13th June 2024 in London, Cognosis was awarded Silver in the Strategic Impact category, which celebrates the positive impact consultancies have on their clients’ transformation, their clients’ customers, society and the environment.
The awards were launched by TCGN to recognise the incredible work and impact of consultancies across the globe. Cognosis was commended for defining a new strategic path for a major UK energy services provider that ultimately led to an advantageous acquisition.
“Helping businesses and brands to build strategies that ignite and sustain growth remains the cornerstone of our work at Cognosis,” said managing partner John Hosking.
“Being recognised by an independent panel of nine judges, each with decades of experience owning and growing consultancies, is therefore especially satisfying. This award reflects the expertise and dedication of all our consultants at Cognosis.”
> TAKE ME TO THE RESULTS: 2024 Category Winners
From steady growth to transformative value creation
The accolade rewarded our work with Sureserve, a specialist in energy efficiency. Cognosis was brought on board by the new CEO to answer a simple question: “How do we shift gear from steady growth to transformative value creation?” At the time, their business consisted of nine subsidiaries across different industries that lacked a coherent purpose and direction.
We helped the Sureserve team to define a new five-year strategy under the banner “Lead energy transition in UK Social Housing” that would significantly increase the firm’s market cap and ultimately led to its acquisition last year at a significant premium to share price.
“Our approach centred on our Growth Transformation Framework, a proprietary, tried-and-tested methodology that provides clients with the tools to challenge their thinking, a clear roadmap and process to build confidence, and also a strategy rooted in the reality of business capability, culture and financial constraint,” recalled Duncan Campbell, Partner.
“In particular, the framework allowed Sureserve to drive home tough decisions on where to focus. The strategy boldly set out for Sureserve to become the leader in energy transition for the social housing sector. This choice meant divesting several profitable growing businesses. Although the rationale was clear, it still required tenacity and courage to make the final call.”
Sureserve CEO Peter Smith reflected: “We found in Cognosis a partner that not only understood the intricacies of our industry but also one that matched our ambition for growth.”
Strategy starts at home
Cognosis has continued to grow from strength to strength, helping ambitious companies to secure competitive advantage and turn ideas into impact across more than 67 countries. In the last two years, we have actively step-changed our new business and marketing to drive 28% of revenue from new business, while adding an exciting list of purpose-led businesses to our portfolio including Dr Martens, Lenovo, DS Smith, McCormick's, Beiersdorf, DAZN and Camellia.
Earlier in June, Cognosis retained its position among the Top 40 Consulting Firms in the UK, according to the independent ranking by the online industry platform Consultancy.uk. For the second year in a row, we were highly rated for our expertise in strategy, placing our consultancy in the top 10% nationwide.
Objective recognition of hard work and care
Cognosis is a member of The Consultancy Growth Network (TCGN), a community of professional consultants and consultancies.
According to the TCGN, the Consultancy Awards “celebrate the breadth, depth, quality and impact of consultancies in the UK and beyond. Open to all consultancies, [they] provide objective recognition of the hard work, ingenuity and care delivered by consultancies across the globe”.
More about Cognosis
We’re a London-based consultancy that works at board level and with strategy, marketing & innovation teams to unlock their business potential. Whatever the industry, we’re excited to work with people who are passionate about creating ambitious strategies that drive sustainable growth and real change.
