Baringa Partners recently reported significant growth driven by year of successful client delivery. Both its turnover and staff numbers were up on the previous year, with turnover increasing by 38 per cent to £38m, and head count by 42 per cent to 173 employees.
Notable success this year include the implementation of a new operating model for a wholesale energy client, reduction of margin leakage for a major European retail energy client, and defining the leadership structure to enable a five-year growth strategy at a leading insurance firm. Baringa has also made significant strides to diversify its existing capabilities through the hiring of two new partners, one to lead the Insurance practice, and another to ensure Delivery Excellence across the business. Baringa Partners was also recognised as the Best Place to Work by the Great Place to Work® (GPTW) Institute for a second consecutive year.
Corporate Social Responsibility (CSR) also remains a key commitment for Baringa and as such, has doubled its CSR committee to six people, increased the number of charity partners it supports from three to five and increased the amount donated to charity six-fold.
Next year, Baringa aims to continue growing the business organically in its existing areas of focus and with the introduction of new practices. This includes formally establishing its Energy Advisory Services practice. In addition, Baringa is planning a year of highly-focused investments targeting Baringa’s internal operations to ensure consistent high-quality delivery for our clients.
