London – 22 Oct. 2019 – Bain & Company and Fluxx are pleased to announce they have entered into a strategic partnership combining Bain’s industry-leading management consulting services and Fluxx’s world-class innovation expertise.
In an environment of increasing disruption across nearly every industry, the need for future-facing strategies and the ability to realise these in large, complex organisations is as critical as ever. The Bain-Fluxx partnership will bring together deep skills in business and innovation strategy, product and service innovation, and business incubation to develop next-generation capabilities and ways of working that enable clients to transform and get ahead in the digital age.
“Regardless of industry, executives understand the need to have strategies in place that help propel innovation and accelerate transformation within their companies, but it can be hard to keep up with rapid and complex changes,” said James Anderson, a partner in Bain & Company’s Digital practice. “Together, we will help clients who want to define the future, not hide from it, innovate at pace and deliver superior results.”
“Clients are looking for new partners who can help them use digital technology to bring ideas to market with greater agility and impact,” said Richard Poole, managing partner, Fluxx. “This has created a new market for smart agile, lean innovation specialists that combine digital, product and proposition design with new ways of working – capabilities at the core of Fluxx. Together, we’ll be best placed to take advantage of this growth category and deliver on our clients’ needs.”
Bain and Fluxx have already successfully partnered with a leading retail bank to make it simpler and easier for customers to apply for a new mortgage, for example. They have also worked with a leading consumer goods company to create new retail experiences that allow customers to better explore and enjoy their brands and products.
Next year, Bain and Fluxx will partner on a joint Disruption Forum in May 2020 to explore opportunities for CEOs from leading incumbent firms to innovate and transform their businesses. They will also collaborate on Fluxx’s CHANGE Forum events, which are designed for c-suite leaders to get the inside-track on who’s disrupting and shaping the future of their industry and how. It breaks the conference mould by arming them with not only knowledge and inspiration, but practical tools and know-how.
Fluxx is part of the Bain Alliance Ecosystem – a network of best-of-breed partnerships with complementary tool, technology, and service providers that accelerate delivery of breakthrough client results. Through the Bain Alliance Ecosystem, Bain & Company clients have access to relevant new capabilities, enabling faster assimilation of new ideas, skills, and ways of working.
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