Egon Zehnder partners with culture change software firm Sinequanon
Global human capital firm Egon Zehnder has purchased a minority stake in Switzerland-based Sinequanon (SQN), a company that improves workplace culture through AI and data-powered solutions.
The zeitgeist of this business era is to take data analytics and AI and apply it to whatever problem you have. In SQN’s case, the problem they’re solving is culture change.
The firm’s SQN Living Analytics programme, powered by flowOS, accurately measures the impact of culture on an organisation’s bottom line. The data-driven and AI-enabled process identifies an organisation’s optimal culture, and then drives the behavioral change needed by individuals and business units.
SQN clients reportedly have 10% - 20% productivity improvements annually after 18 months, with accompanying improvements in employee energy and purpose.“It has always frustrated me that large organisations trap massive amounts of human energy. In fact, our data shows that less than 10% of employees operate at their full potential,” Per Lagerstrom, SQN CEO, said. “Now as organisations are feeling the brutal effect of disruption, an extraordinary win-win opportunity between employees and businesses is emerging. My life’s mission is to find a business-minded method to enable this – and that is flowOS.”
Leadership consultancy Egon Zehnder has now taken a minority stake in the private firm, aiming to bring SQN’s proprietary culture change solution to its global clients. The consulting firm’s offerings focus on transforming businesses and people through optimised leadership.
Egon Zehnder has a heavy presence throughout Europe, with offices in among other countries Belgium, France, Germany, Greece, Hungary, Italy, the Netherlands, Poland and Spain, as well as in North America and Asia. Globally, the firm has 480 consultants across 60+ offices in 40 countries.
“We hear consistently from clients that culture change is one of the most challenging aspects of leadership,” Jill Ader, chairwoman of Egon Zehnder, said in a press statement. “In SQN we have found an innovative partner to deliver integrated services to our clients by marrying both human leadership insights and pioneering technology. We strongly believe the best consulting services we can offer our clients combine technology and humanity.”
SQN joins a roster of strategic alliances at Egon Zehnder that includes leadership development firm Mobius Executive Leadership (US) and innovation consultancy Paradox Strategies (US).