BTS Signs an Agreement worth SEK 1.2 million with Leading North American Financial Institution

Freitag, 03.09.2010 16:40 von Hugin - Aufrufe: 180

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 an agreement with one of the largest financial institutions in the world.
 The initial set up phase of the agreement is valued at SEK 1.2 million.
 
"We are proud that one of the world's leading financial institutions has trusted
BTS with such an important and wide-reaching initiative," says Henrik Ekelund,
President and CEO of BTS Group AB. "front-line leadership is a core value to our
client. The clients choice to partner with BTS was based on BTS's proven ability
to help large organizations effectively execute strategy, we understand our
clients commitment to leadership and our client understands BTS's commitment to
delivering business results".
 
The objective of the initiative is to develop the company's 1,200 frontline
leaders. The main objective is to expand their understanding and skills related
to front-line leadership effectiveness, and the role leadership plays in
impacting the company's performance and results. The program will be rolled out
to 500 mid-level leaders in its initial deployment commencing in 2011 and then
to 700 frontline leaders.  The integrated Front Line Leadership program which
will cover all regions in the company's North American footprint.
 
This highly innovative and carefully conceived program spans two to six months
per leader and provides a wide range of components, including initial
assessments, online communities, online coursework, and immersive scenario and
business simulations. The program incorporates BTS' Advantage Way(TM) process,
which engages senior leaders in a way that creates 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.  The process culminates with
built-in mechanisms that capture outcomes, ROI and anecdotal success cases for
replication across the firm.
 
For more information, please contact:
 
Thomas Ahlerup
 
Senior Vice President
 
Investor and Corporate Communications
 
BTS Group AB
 
Phone   +46-8-5870 7002
 
Mobile   +46-768 966 300
 
E-mail   thomas.ahlerup@bts.com
 
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 in 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
Alignment & Business Acumen, Leadership & Management, and Sales Force
Transformation. BTS also has strong capabilities in Operational Excellence &
Project Management and offer an innovative Engage for Change process.
 
BTS has more than 250 highly talented employees serving more than 400 clients
including 40 of the US Fortune 100 companies and 25 of the Global Fortune 100
largest corporations in the world. In 2009 BTS revenues was SEK 595 million.
Recent selected BTS clients include AT&T, Ericsson, Kimberly-Clark, Nokia, Sony,
Toyota, Unilever and Xerox.
 
BTS serves its clients from Stockholm, Oslo, Helsinki, Brussels, London, Madrid,
Bilbao, New York, Stamford, Philadelphia, Scottsdale, San Francisco, Chicago,
Mexico City, 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.
 
[HUG#1442643]
 
Press release PDF:
http://hugin.info/132982/R/1442643/386897.pdf
 
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: BTS Group AB via Thomson Reuters ONE
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