BTS Signs an Agreement worth more than SEK 5.5 million with Leading North American Financial Institution
Stockholm, Sweden and New York, NY - BTS Group AB (publ.), the global leader in
accelerating strategic alignment and execution is proud to announce that it has
signed a new agreement with a leading financial institution. Â This agreement
follows successful completion of the customization and pilot phases announced
last year.Â The initial roll-out phase of the agreement targeted toward the
company's middle management is valued at approximately SEK 5.5 million.
"We are proud that one of the world's leading financial institutions has decided
to further invest with BTS in the development of its leaders," says Henrik
Ekelund, President and CEO of BTS Group AB. "this initiative represents a well
thought out and innovative learning path that leverages a blended mix of
solutions e.g. connected and virtual solutions that are intend not only to build
leadership but also drive business results".
The objective of the initiative is to develop the company's 1,200 mid and first-
level leaders. The main focus of the project is to expand their understanding
and skills related to leadership effectiveness, and the role leadership plays in
impacting the company's performance and results. This agreement covers the
program rolled out to 500 mid-level leaders commencing in early 2011.Â The
client expects to commence the development of 700 frontline leaders commencing
during the second half of 2011, where it will cover all regions of the company's
North American business.
This highly innovative and carefully conceived program spans two to four months
per leader and provides a wide range of components, including initial
assessments, online communities, online coursework, and highly engaging
classroom based engage maps and scenario simulations. The program also
incorporates The BTS Advantage Way(TM) process.
For more information, please contact:
Senior Vice President
Investor and Corporate Communications
BTS Group AB
PhoneÂ Â Â Â Â Â Â Â Â Â Â Â Â +46-8-5870 7002
MobileÂ Â Â Â Â Â Â Â Â Â Â Â Â +46-768 966 300
E-mailÂ Â Â Â Â Â Â Â Â Â Â Â Â firstname.lastname@example.org
About BTS Group AB
BTS partners with leading companies to accelerate strategy alignment and
execution, innovating how organizations learn, grow and improve. BTS is the
world leader inÂ customized business simulations and discovery-based learning
solutions that enable leading corporations to grow and become successful through
change and improvement processes.
BTS adds value to its clients through three practice areas: Strategic
AlignmentÂ & Business Acumen, LeadershipÂ & Management,Â and Sales Force
Transformation.Â Â BTS also hasÂ strong capabilities in Operational Excellence &
Project Management and offer an innovative Engage for Change process.
BTS has approximately 300 highly talented employees serving more than 400
clients including 40 of the US Fortune 100 companies and 27 of the Global
Fortune 100 largest corporations in the world. In 2010 BTS revenues was SEK 694
million. Recent selected BTS clients include AT&T, Ericsson, Rio Tinto, BBVA,
Standard Chartered Bank, Kimberly-Clark, Sony, Unilever.
BTS serves its clients from Stockholm, Helsinki, Amsterdam, Brussels, London,
Madrid, Bilbao, New York, Stamford, Philadelphia, Scottsdale, Los Angeles, San
Francisco, Chicago, Mexico City, Sao Paolo, Johannesburg, Sydney, Melbourne,
Singapore, Bangkok, Seoul, Shanghai, Taipei and Tokyo.
BTS is a public company listed on the NASDAQ-OMX Stockholm and trades under the
symbol BTS B.
For more information please visit www.bts.com.
About The BTS Advantage Way(TM)
This highly innovative process engages senior leaders to create a strong "line
of sight" from each learner to their organization's goals and strategic
priorities. The BTS methodology begins with impact mapping, which closely aligns
the learning initiative to corporate goals and works backwards to determine the
critical behaviours and skills required by employees.Â The process culminates
with built-in mechanisms that capture outcomes, ROI and anecdotal success cases
for replication across the firm
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Source: BTS Group AB via Thomson Reuters ONE