Edwin Booz pioneered the notion that a group of people outside a business could analyze its challenges and advise on strategies to improve its operations. This vision both precipitated the establishment of Booz Allen and the industry of management consulting.
Today, Booz Allen serves as the essential partner to some of the world’s biggest organizations. We have a relentless commitment to take on, tinker with, and solve their most complex challenges.
Placing Audacious Bets
After the financial turbulence of 2008 and subsequent changes in government spending, our clients faced shrinking budgets and rising expectations. This presented Booz Allen with an opportunity to invest in those areas our clients would need when the markets returned. As part of our Vision 2020 strategy, we created the Strategic Innovation Group (SIG): a focused agenda of investments that anticipate the future of cyber, data science, digital, and our own culture. While the SIG’s configuration and intent promotes experimentation around specific initiatives, we didn’t isolate it from the rest of the firm. In fact, we did the opposite.
The SIG partners with our market accounts and entire talent base to incubate original capabilities. But with a market rebound and a return to growth, we are now expanding our investments to meet the surging demand for these new capabilities.
This April 2016, we activated five Functional Service Offerings (FSOs) in Analytics, Cyber, Engineering and Science, Management Consulting, and Systems Delivery. Each FSO is an independent, yet integrated, horizontal business charged with scaling capabilities within and across vertical market accounts.
Coupled with a centralized functional talent model, each FSO will find and rotate in talent to transport and apply new capabilities to new clients with fresh problem sets. In doing so, the FSOs will increase our agility to move on meaningful work, and make meaningful moves on furthering our talent experience.