I am pleased to share the news that Cambria is now a Spencer Stuart company. This post explores why we believe that Cambria is a natural fit with Spencer Stuart, one of the world’s leading executive search and leadership advisory firms.
For starters, the press release announcing Cambria’s acquisition by Spencer Stuart is available here.
Below are answers to three key questions related to our announcement:
Why does Cambria combining with Spencer Stuart make sense?
Though it is known mostly for its stellar reputation in global executive search, Spencer Stuart is adding Cambria’s services and expertise to its growing selection of client solutions under the banner of Leadership Advisory Services. That mix includes executive assessment & development, coaching, CEO succession, team effectiveness, culture shaping, board effectiveness and the people side of merger integration.
After a couple of years of collaboration on client projects, Spencer Stuart initiated acquisition talks with Cambria because of our legacy, methodologies, and wide history of helping hundreds of clients develop key talent in organizations. For Cambria, joining ranks with Spencer Stuart provides for collaboration with a firm committed to excellent client service, access to an extensive global network, and the opportunity to deliver a wider range of talent development solutions.
What does the Spencer Stuart acquisition change for Cambria clients?
The shortest answer is: very little. Because Cambria and Spencer Stuart have a history of collaboration, we believe that our similar cultures and visions of leadership development will benefit our clients in important ways. But the Cambria our clients have known all these years is the same firm going forward. Our leadership team and staff will remain in place.
Is the Cambria brand retained in the acquisition?
Yes, and that is important to Spencer Stuart – and to us at Cambria. We have built one of the strongest brands in coaching and assessment services. Going forward, our unique blend of solutions and thought leadership for accelerating talent development will continue to flourish under the banner: Cambria Consulting, a Spencer Stuart Company.
We hope your 2020 is off to a great start. All the very best for the New Year.