Accountancy and business advisory firm Scott-Moncrieff has triumphed at the UK MPF (Managing Partners’ Forum) Awards for Management Excellence 2017, winning the award for ‘Best Strategy Implementation’.
Scott-Moncrieff appointed a new board in 2015, tasked with implementing a new five-year strategy for the firm. Alongside substantial improvements to efficiency, including major IT investments, the strategy also aims to deliver a 50% increase in income. Just 18 months into the new strategy, the firm has already delivered over 10% increase in turnover, with margins and net profits also significantly increased, and has improved communication and commitment to its people.
The MPF Awards recognise excellence and best practice across the professional services sector, including the accountancy, legal and commercial property professions. Scott-Moncrieff was the only Scottish firm to feature in the Awards and was the runner-up for Best Strategic Leadership.
Stewart MacDonald, managing partner of Scott-Moncrieff commented: “The changes we have made at Scott-Moncrieff have been very positive for the firm, and winning an award from the Managing Partners Forum for Best Strategy Implementation is testament to the determination and commitment from everyone at the firm to refocusing our business and making the improvements happen.
“By mixing commercial objectives with a clear vision of who we want to be, we have created a motivational strategy for the firm which is not only already generating successful results, but also puts us in a strong position for the future.”