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Resources Connection, Inc. (RGP) is a professional consulting firm that specializes in providing practical, high-quality advice and execution services to business leaders across various industries. Unlike traditional consultants who offer extensive reports with suggestions, RGP focuses on delivering sound, no-nonsense advice and meticulous implementation. This approach ensures that clients not only understand what needs to be done but also see it executed effectively.
Headquartered in Irvine, California, RGP operates primarily through its subsidiary, Resources Global Professionals. The company is divided into two main segments: RGP (Resources Global Professionals) and Other Segments. It offers a broad range of services including transformation and improvement, financial reporting and analysis, strategy development, and program and project management.
Core Business and Expertise
RGP's core expertise spans several critical business domains:
- Finance and Accounting: Offering financial reporting, analysis, and strategic financial planning.
- Human Capital: Providing HR solutions, talent management, and organizational development.
- Information Management: Helping clients with data governance, IT strategy, and cybersecurity.
- Legal and Compliance: Assisting with risk management, regulatory compliance, and legal advisory services.
- Supply Chain: Supporting logistics, procurement, and supply chain optimization.
Recent Achievements and Projects
RGP has recently achieved significant milestones in various sectors. The firm is actively involved in numerous high-impact projects aimed at driving change and implementing strategic initiatives for its clients. These projects range from financial transformation efforts to human capital optimization and IT strategy development.
Financial Condition and Partnerships
Financially, RGP is a robust entity with a strong market presence. The company has formed strategic partnerships with several top-tier organizations, enabling it to offer enhanced services and solutions. RGP's collaborative approach ensures that it remains at the forefront of industry developments, continually providing value to its clients.
Why Choose RGP?
RGP is known for its proven problem-solving capabilities and the ability to start adding value as soon as an engagement begins. The company's professionals come from diverse business backgrounds, bringing a wealth of knowledge and experience to the table. This diversity allows RGP to exceed client expectations consistently, building lasting relationships with some of the world's largest and most well-known businesses.
Conclusion
Choosing RGP means partnering with a firm that doesn't just advise but takes tangible steps to implement solutions. With a strong emphasis on practical consulting and a track record of successful engagements, RGP stands out as a leader in the consulting industry.
Global consulting firm Resources Connection, Inc. (NASDAQ: RGP) announced that CEO Kate Duchene, President & COO Timothy Brackney, and CFO Jennifer Ryu will attend JP Morgan’s Ultimate Services Investor Conference on November 18, 2021, hosting investor meetings throughout the day.
RGP is recognized among Forbes’ Best Management Consulting Firms for 2021. The company specializes in providing transformational human capital solutions globally.
RGP (Nasdaq: RGP) has released a study entitled “Human Agility in the Now of Work,” which analyzes how Fortune 1000 companies adapt to disruption. The research surveyed over 200 leaders and employees, revealing companies with a culture of innovation reap 15% more benefits from change. However, 40% of participants indicated their firms only change when under financial threat. Key traits of agile organizations include distributed leadership, flexibility, resilient operations, nimble finances, and continuous listening. The findings suggest that adapting to change is essential for business survival.
Resources Global Professionals (RGP) has announced a cash dividend of $0.14 per share, set to be paid on December 16, 2021, to shareholders of record on November 18, 2021. This decision reflects the company's commitment to returning value to its investors. RGP is a global consulting firm specializing in helping businesses manage transformation and compliance challenges, boasting a workforce of approximately 5,000 professionals and partnerships with over 2,100 clients worldwide.
RGP has launched HUGO by RGP, a digital staffing platform designed for accounting and finance professionals, providing flexibility and traditional employee benefits. This omni-channel platform is exclusive to the New York Tristate Region, offering users transparency, speed, and a curated pool of consultants. HUGO enables hiring managers to streamline project timelines while relieving businesses from HR and payroll burdens. The model emphasizes both high-tech solutions and personal service, positioning RGP as a leader in the evolving employment landscape.
Resources Connection, Inc. (Nasdaq: RGP) reported its strongest first-quarter revenue and margins in over a decade, with fiscal Q1 2022 revenue at $183.1 million, up 24.3% year-over-year. Net income rose to $12.9 million with a margin of 7.1%, compared to $2.3 million (1.6%) last year. Adjusted EBITDA reached $22.4 million, marking a 12.2% margin. SG&A expenses declined to 28.1% of revenue, a 660 basis points improvement from the previous year. The company declared a cash dividend of $0.14 per share, reflecting its strong operational performance.
RGP announces a strategic alliance with Kotter, a consulting firm specializing in change management. This partnership will enhance RGP's Return on Change™ initiative, enabling businesses to achieve transformation goals in 90 days or less. The collaboration leverages Kotter's proven methodologies, established through decades of research, to improve RGP's service offerings. With over 1,000 change management engagements already completed and expectations for significant transformations among clients, this alliance aims to increase strategic value and accelerate results for organizations in today's fast-paced business environment.
Resources Global Professionals (RGP) will announce its first quarter fiscal 2022 results, ending August 28, 2021, after market close on October 6, 2021. A conference call will follow at 5:00 p.m. ET, open to all without a password. RGP, recognized by Forbes as one of the Best Management Consulting Firms for 2021, specializes in addressing complex business challenges globally. Founded in 1996, RGP has a workforce of approximately 5,000 professionals supporting over 2,100 clients, including 85% of the Fortune 100. The firm is listed on the Nasdaq Global Select Market.
Resources Connection, Inc. (RGP) announced its participation in Sidoti’s Fall Virtual Investor Conference on September 22, 2021, at 1:45 p.m. EST. RGP's President & COO Kate Duchene, along with CFO Jennifer Ryu and other executives, will present at the event. Investors can access the live webcast via the Company’s Investor Relations webpage or the Sidoti event link. RGP specializes in human capital solutions, enhancing business outcomes through effective collaboration and resource alignment. The firm serves a diverse clientele, including over 85% of the Fortune 100.
Resources Connection, Inc. (Nasdaq: RGP) has expanded its Board of Directors from ten to eleven members with the appointment of David P. White, effective July 29, 2021. White, who has extensive experience in human capital and regulatory matters, previously served as the National Executive Director of SAG-AFTRA. CEO Kate W. Duchene expressed confidence in White's strategic insight and people skills, which will be crucial for guiding the company through evolving workforce challenges. RGP continues to enhance its leadership as it aims to deliver transformative business solutions.
Resources Global Professionals (RGP) announced a cash dividend of $0.14 per share, scheduled for payment on September 23, 2021. Shareholders of record as of August 26, 2021 will be eligible for this dividend. RGP operates as a global consulting firm, focusing on professional staffing and project execution across various business needs. With around 5,000 professionals, RGP supports over 2,100 clients globally, emphasizing rapid business outcomes through agile human capital solutions.
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