Global management consulting firm Arthur D. Little signed a comprehensive partnership agreement with Solidiance, a Singapore-based B2B growth strategy advisory firm operating in several Asian countries, with the aim of jointly pursuing business development in the region.
In the wake of Arthur D. Little’s shift to a new organizational structure following their Management Buyout last December, the firm has been looking for ways to enhance the company’s network, especially in emerging markets, in order to respond to growing demands from clients for greater support in the region as these companies continue to globalize at an accelerating rate. With rising risks associated with China, etc. and worsening conditions in the business environment, Japanese companies in particular have increasing support needs for business operations in the South East Asia Region.
Alliance partner, Solidiance, has been a strong promoter of “growth and innovation” in China, SE Asia, and India since its founding in 2007. Solidiance has achieved steady growth by providing a variety of growth advisory services grounded in first-hand local marketplace knowledge on behalf of a wide range of Fortune 1000 client companies in various industries and fields, spanning from B2B market research to planning market entry and growth strategy, etc. Solidiance and Arthur D. Little share many of the same values, such as an emphasis on leveraging innovation creation to contribute to client companies' growth as well as their client-centric approach. Over the past two years they have already collaborated on a number of individual consulting projects, and with this agreement, the two companies will now pursue more extensive collaboration and offer a greater level of service to clients and provide a greater commitment to advancing client company value, especially in the Asian Region.
Regarding this agreement, Arthur D. Little (Japan) Director Yonoshin Mori, who is in charge of this alliance, said the following: “Asian strategy is one of the core growth platforms, not only for Japanese companies, but for all manufacturing companies deploying globally. By forming a comprehensive partnership with Solidiance, we will be able to provide an even higher level of consulting services to global companies operating in Asia, combining local expertise and in-depth knowledge of technology and business.”
Solidiance’s co-Founder and Managing Partner Damien Duhamel commented that: "We are absolutely delighted to partner with Arthur D. Little, the oldest yet most innovative Management Consulting firm in the world. Our people-focus and customer-centric mindsets are very much alike. As such, we believe the combination of our mutual strengths will offer clients better inroads into the growing emerging markets of Asia where Solidiance has a very strong regional position."
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For Arthur D. Little (Japan) Inc., Arthur D. Little’s subsidiary in Japan (HQ: Minato ward, Tokyo, Managing Director: Yusuke Harada), in addition to an on-going dedication to its traditional business in new business strategy planning, etc. with an emphasis on innovation, this presents an opportunity to focus on improving support for building global business structures for clients, including the acceleration of overseas growth.