| Backgrounder |
||
|
Corporate Background Point B Solutions Group, LLP is the first professional services firm focusing exclusively on project leadership and execution. With practices in Seattle, Denver, Phoenix, Portland, San Francisco, Chicago and Los Angeles the firm provides clients with immediate, “as needed” access to a diverse and experienced staff of locally-based project leaders. Organizations, ranging from startups to Fortune 100 corporations, turn to Point B for its ability to step into any segment or role in a mission-critical project and help lead it to success. Point B was founded in early 1995 by professional service entrepreneurs Jim Hodge, Tim Jenkins and Darran Littlefield. Recognizing that many organizations were feeling both under-served and over-charged by “Big 5” consulting firms, the three founders saw an opportunity to launch a new consulting model that delivered both greater value and lower costs to customers. Beginning with an initial investment of $200 and one client at launch, Point B has built a thriving business that has sustained both steady and remarkable growth. In fact, during its first five years of operation, the firm grew to more than 100 employees and saw annual revenues reach $11.6 million. Since 2000, the company has continued to grow at an annual rate of 20 to 30 percent despite a down economy and currently employs 350+ employees with revenues exceeding $80 million (2007). Throughout its history, the firm has supported organizations in a wide range of industries including high-technology, retail, biotechnology, healthcare, manufacturing, banking and financial services, insurance, telecommunications, state & local government, and education. By consistently delivering results to clients, the firm has been able to grow business primarily through referrals and word-of-mouth. Some of the companies currently served by Point B include BECU (Boeing Employees’ Credit Union) (Seattle), Children’s Hospital and Regional Medical Center (Seattle), The Children’s Hospital (Denver), Alaska Airlines (Seattle), Mentor Graphics (Portland) , Microsoft (Seattle), Premera Blue Cross (Seattle), Kaiser Permanente (San Francisco), Rush North Shore Medical Center (Chicago), Activision (Los Angeles), Great-West Healthcare (Denver), PetSmart (Phoenix), ON Semiconductor (Phoenix). Helping to drive Point B’s success has been an ability to attract and retain some of the industry’s best talent. Point B provides each of its associates with the opportunity to customize their job responsibilities and work schedules in ways that allow them to achieve a balance between work and their personal lives that is unprecedented in the consulting profession. During its first several years of operation, Point B worked exclusively with clients in the Seattle area but beginning in 2000 has expanded its market with the opening of new practices in Denver, Phoenix, Portland, San Francisco, Chicago and Los Angeles. The company plans to open new practices in other North American markets in the years ahead. A privately-held company, Point B has been funded entirely by the firm’s original founders and through cash from operations.
|
||