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droege & comp

 
#1 droege & comp
29/07/2009 20:03

radiant

can anyone say something about droege & comp?

much appreciated

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#2 RE: droege & comp
29/07/2009 20:25

sure to radiant (#1)

They aren't PA

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#3 RE: droege & comp
29/07/2009 22:33

anon to radiant (#1)

I can't even say the name properly...

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#4 RE: droege & comp
30/07/2009 07:33

radiant to anon (#3)

yeah, guys I know... you only heard about MBB :-)

i agree the name is pretty hard to pronounce, but except that, what you guys heard about their expertise, working environment, pay, etc?

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#5 RE: droege & comp
30/07/2009 13:48

anon to radiant (#1)

Droege is, in many aspects, similar to Roland Berger about 15 years ago – mainly focused on restructuring SMEs; hardly any business outside Germany and a very dominant founder (Walter Droege). Other than RB Droege is taking equity shares via DIC Capital and other than RB Droege is not a real partnership (actually about 10 years back Berger was not partnership either, but a subsidiary of Deutsche Bank), but more some kind of family business.

Many partners left the firm recently as their request to organize the company as a true partnership and to broaden the focus of consulting services (i.e. offering real strategy consulting) was rejected by Walter Droege.

To sum it up Droege is a good address for turn around management in Germany (some former partner are now working for Alix and Alvarez & Marsal), but not much else. And according to a recent survey by the German Manager Magazin Droege has the highest ranking among clients in "price level" (whatever that means – probably low fees) – unfortunately there are not among the top three in any other category.

Btw the name is really a bit strange as Droege is German for boring.

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#6 RE: droege & comp
30/07/2009 14:22

Fed up with childish comments to sure (#2)

sure - any chance you can explain what the point of your comment was? Someone asking a sensible question - the whole point of this site - and you think a helpful response is to mention PA like that???

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#7 RE: droege & comp
31/07/2009 07:18

radiant to anon (#5)

anon, 10x for the insight! I had the same info except for the part that it is not a partnership. Quite awkward...

I think SME restructuring is not that bad after all & is quite hot service line these days. As well, from my experience, in an SME things get implemented much faster so that you can see the impact of your work.

Having a PE in the group sounds good thinking at alternatives further on...

PS: guys, I really didn't get the comment about PA, maybe because I come from other geography :-)

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