Deloitte strengthens change management practice with The Terrace Initiative
10 April 2019: Professional services firm Deloitte announced today that the founders and staff of management consulting business, The Terrace Initiative, will join the firm’s Human Capital Consulting practice on 1 May.
A leader in change management for mining and transport businesses, The Terrace Initiative specialises in helping clients take charge of change programs using data and technology, using their own proprietary tools and Transformation Sciences® methodology via an in-house software platform, called Alchymy®, a digital portal that provides leaders with valuable insights about change initiatives via personalised dashboards.
Joint CEOs of The Terrace Initiative, Melissa Bell and Corrie Scheepers, will join Deloitte as partners in Perth, to head up a new Leader-led Change team (part of Deloitte Consulting’s Organisation Transformation practice). The Terrace Initiative’s 49 staff will also join Deloitte offices in Perth, Brisbane, Sydney and Melbourne, as well as Cape Town, South Africa.
Deloitte Managing Partner Consulting, Kaylene O’Brien, said: “The digital age is driving organisational change at an unprecedented rate. Managing the human aspects of these changes is incredibly complex and generates large amounts of data that has traditionally been hard to capture and interpret. The Terrace Initiative team bring unique and sought-after expertise to further strengthen our market-leading Human Capital practice. I am particularly excited about the mining and transport expertise they will bring to our Human Capital teams in Perth and Brisbane.”
Cloud-based platforms are increasingly being used within the change management space, as change programs become more complex. They provide leaders with the ability to create personalised, actionable transformational journeys that use business data to make decisions, take action, and measure progress. Deloitte already uses the ChangeScout platform to help change practitioner clients better manage change projects. Alchymy® complements ChangeScout and is designed for leaders to use with teams to build change capability and adoption.
“The world of work is rapidly changing,” said David Brown, Deloitte Human Capital lead partner. “The future of work, workers and the workplace are all being disrupted by technology, in a myriad of ways. Successful change initiatives and inspired cultures rely on agile, flexible and innovative leaders, and the effective use of data will become increasingly important.
“The Terrace Initiative’s Transformation Sciences® methodology is data-driven and leadership-led, underpinned by unique products and tools to equip leaders successfully transition into the future. Their Alchymy® platform provides leaders with insights into exactly what changes are going on in their organisation at any point in time and enables them to see the impacts on a group, team and individual level. This team is hugely complementary to our market-leading change management practice and I’m excited about the capability we have to better help leaders lead transformative change initiatives.”
Incoming Deloitte Human Capital partner and Joint CEO of The Terrace Initiative, Corrie Scheepers, said: “Change is so often a question mark. We help people prepare to get the best out of change, to get answers to their questions and to explore what can be achieved by seeing transformation from a data-driven and leader-led perspective.
“Joining Deloitte – a global leader in change management - will help accelerate our growth plans. Together, we can help organisations and change program leaders be ‘future confident’ and harness their own data and internal leadership capability to deliver transformation with speed and certainty.”
Deloitte is a global leader in Communications and Change Management Consulting, with research firm ALM noting that “Deloitte stands out for its ability to translate a program of continuous innovation and thought leadership into a coherent, multi-dimensional approach that modernises change management for the digital age.”