Strategic Niche Focus The Lockwood Group specializes in serving professional service firms, particularly those seeking to enhance their strategic prominence in the post-recession environment by emphasizing diversity and inclusive talent, creating opportunities to tailor solutions that support diversity initiatives and talent management strategies.
Technology Utilization With a tech stack including cloud services, analytics, and web infrastructure tools, the company demonstrates a modern digital footprint, indicating potential for cross-selling digital transformation, data-driven consulting, and technology optimization services.
Revenue Potential The company's revenue bracket of $10M to $25M suggests a substantial client base and access to mid-sized professional firms, presenting opportunities for upselling consulting, strategic planning, and diversity inclusion programs.
Market Positioning Operating in a competitive landscape with firms like McCann Health and Publicis Health, The Lockwood Group's focus on legal and professional services opens avenues for targeted business development efforts within similar niche industries.
Growth and Expansion Given the company's recent positioning and focus areas, there is potential for expansion into broader professional services markets, particularly by leveraging diversity and inclusion consulting trends to attract new clients and expand service offerings.