BTS and Clients win 44 Brandon Hall Group Excellence Awards in 2022

STOCKHOLM, SWEDEN and SAN FRANCISCO, CA – BTS GROUP AB (publ), a world renown strategy implementation and consulting firm, won 44 Brandon Hall Group Excellence Awards in partnership with clients. These awards represent some of BTS’s best and most innovative solutions crafted in partnership with clients, including:
- Abbott
- Accenture
- Air Liquide
- Anglo American
- Astellas
- Bayer AG, Crop Science division
- Blackmores
- Colgate-Palmolive
- Discover Financial Services
- FirstRand
- Grifols
- HP Inc
- ING
- Mondelez Global LLC
- Mubadala Health
- National Australia Bank (NAB)
- Repsol
- Salesforce
- Santander Portugal
- ScotiaBank
- Standard Bank
- Symetra
- Vale
- Vodacom
- Zebra Technologies
“We are very grateful to be recognized for our partnerships with clients,” said Rick Cheatham, CMO at BTS. “Amidst the past few years of constant, accelerating change, we are honored to have the privilege of continuing to grow with our clients. Our ongoing collaborations to deliver best-in-class solutions, whether virtually, in-person, or in a hybrid environment, are a testament to the trust and strength of the relationships we’ve built together.”
These awards include 21 gold, 14 silver, and 9 bronze, ranging from Best Advance in Leadership Development for Women to Best Learning Program Supporting a Change Transformation Business Strategy. Find the full list of winners here.
“Excellence Award winners distinguish themselves through their growing understanding that all the functions of HCM are integrated and must work together to move businesses forward,”
“It is a pleasure to see more organizations collaborating across functions and getting more sophisticated and accomplished at delivering measurable benefit through ground-breaking HCM practices,”
“For example, it was inspiring to see how diversity, equity and inclusion initiatives are increasingly embedded into people and business strategies and cultures. We saw more alignment between HCM and business objectives than ever before.”
said Brandon Hall Group Chief Operating Officer Rachel Cooke, leader of the HCM Excellence Awards program.
Entries were evaluated by a panel of veteran, independent senior industry experts, Brandon Hall Group analysts and executives based upon these criteria: fit the need, design of the program, functionality, innovation and overall measurable benefits. Excellence Award winners are scheduled to be honored at Brandon Hall Group’s HCM Excellence Conference, Jan. 31-Feb. 2, 2023, at the Hilton West Palm Beach, Florida. Select winners also will serve as presenters in breakout sessions, sharing their leading practices during the conference.
“Our award winners demonstrated the vision, agility and innovation needed to excel in the unchartered hybrid work environment,”
said Brandon Hall Group Chief Executive Officer Mike Cooke.
“We added and revised awards categories to ensure that we not only validate best HCM practices but also solicit and recognize next practices that set a high bar for everyone.”
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At BTS, we’re constantly challenging ourselves to innovate at speed. And right now, it feels like we’re standing at the edge of something massive. The energy? Electric. The velocity? Unprecedented. For many of us, the current pace feels a lot like the early days of the pandemic: disorienting, high-stakes, and somehow exhilarating. And honestly—it should feel that way. Our teams have been tinkering with AI, specifically LLMs, for the past 2.5 years and it has really been in the last eight months that I can see the profound impact it is going to have for our clients, for our services and our operating model.
The opportunity isn’t about the technology. The world has it and it’s getting better by the minute. The issue is people and people’s readiness to adopt it and be re-tooled and re-skilled. It’s about leadership. AI is deeply personal, it’s surgical. In fact, that’s its genius. So, getting full scale adoption of AI, re-tooling everyone in the company by workflow, so that they can invent new services, unlock new customer value, unlock new levels of productivity, even use it for a better life, is the current race. The central question I’ve been wrestling with, alongside our clients and our own teams, is this:
What does AI actually mean for leadership and culture?
And the answer is clearer by the day: AI isn’t just a new toolset. It’s a new mindset. It demands that we rethink how we lead, how we learn, and how we build thriving organizations that can compete, adapt, and grow.
The productivity paradox revisited
Let’s start with the elephant in the boardroom. There’s been a lot of buzz around AI and its promises. But many leaders have quietly wondered: Will any of this actually move the needle? A year ago, we were asking the same thing. We had licenses. We had curiosity. We had early experiments. But the results were modest, a 1% productivity gain here or there. But by April, we were seeing:
- 30–80% productivity gains in software engineering
- 9–12% gains in consulting teams
- 5%-20% improvements in client success and operations
Just as importantly, the innovation unlock and creativity across our platforms due to vibe coding along with new simulation layers, is leading to new value streams for our clients. This isn’t theoretical. It’s not hype. It’s real. The difference? Adoption, ownership, and a shift in how we lead in order to energize the AI innovation within our teams. The challenge now isn’t whether AI creates value. It’s how to unlock and scale that value across teams, geographies, and business units—and do it fast.
Two Superpowers of the Agentic AI Era
In working with leaders across industries, I’ve come to believe in two superpowers (there are more as well) that will unlock the potential of this AI era: Jazz Leadership and a Simulation Culture.
1. Jazz Leadership
Forget the orchestra (although personally I am a big fan.) The successful team cultures that are innovating with AI feel more like jazz. In jazz, there’s no conductor. There’s no fixed sheet music. There are core bars and then musicians make up music on the spot based on each other’s creativity, building off of each other’s trials, riffs and mistakes, build something extraordinary together. This is how experimenting with AI today, in the flow of work, feels like.
For each activity across a workflow, how can new AI prompts, agents, and GPTs make it better, codify high performance, drive speed and quality simultaneously? How can we try something totally different and still get the job done? How might we re-invent how we work? That’s how high-performing teams operate in the AI era. The world is moving too fast for command-and-control leadership, a perfect sheet of music with one leader who is interpreting the sheet music and directing. What we need instead is improvisation, trust, shared authorship, courage and a playful spirit because there are just as many fails as breakthroughs.Jazz leadership is about creating the conditions where:
- Ideas can come from anywhere
- People see tinkering and testing as key to survival and AI failures mean your team is at the edge of what’s possible for your services and ways of working
- Leaders say, “I don’t have all the answers, but I’ll go first, with you”
- People feel “I’m behind relative to my peers in the company” and the company sees this as a good sign because the pace of learning with AI means higher chance of success in the new era
At BTS, we recently promoted five new partners who embody this mindset. They weren’t the most traditional leaders. But they were the most generative. They coached others. They experimented and are constantly re-tooling themselves and others. They inspired movement. They are keeping us ahead, keeping our clients ahead and driving our re-invention. Jazz leaders make teams better, not by directing every note—but by setting the stage for breakthroughs. It is similar to the agile movement, similar to how it felt in Covid as companies had to reinvent themselves. It’s entrepreneurial, chaotic and fun.
2. Simulation Culture
The ability to simulate is a super-power in this next agentic, AI era. Simulation has always been part of creating organizational agility, high performance and leadership excellence. But AI and high-performance computing have transformed it into something bigger, faster, and infinitely more powerful. It means that building a simulation culture is within all of our grasp, if we tap its power.Today, companies simulate:
- Strategic alternatives - from market impact all they way to detailed frontline execution
- New business, new markets and operating models
- Major capital deployment e.g. build a digital twin of a factory before breaking ground
- Initiative implementation
- Workflows current and future
- Jobs to assess for talent and critical role readiness
- Customer conversations and sales enablement motions
With a simulation culture, where you regularly engage in scenario planning and expect preparation and practice as a way of working, billions in capital is saved, cross-functional teams are strengthened, high performance gets institutionalized, win rates increase, earnings and cash flow improves.
Where to get started
Below are a few examples of what leading organizations are doing. Consider testing these in your own organization:
- Conversational AI bot platforms used to scale performance expectations and the company’s unique culture.
- Agentic simulations built into tools so people can prepare and practice with 100% perfect context and not a wasted moment.
- Digital twins of the job created so that certifications and hiring decisions are valid.
- Micro-simulations spun up in hours to align 50,000 people to a shift in the market or a new operational practice.
Final Thoughts
- Lead like a jazz musician. Embrace improvisation, courage and shared creativity.
- Build a simulation culture. Because in a world that’s moving this fast, practice isn’t optional—it’s how we win.
This is a brave new world. Not five years from now. Right now.Let’s shape it—together.

PRESS RELEASE
Stockholm, May 5, 2025
STOCKHOLM, SWEDEN — BTS Group AB (publ), a leading global consultancy specializing in strategy execution, change, and people development, has agreed to acquire Nexo Pesquisa e Consultoria Ltda. (Nexo), a boutique consulting firm headquartered in São Paulo, Brazil.
Nexo has been growing continuously since it was founded in 2017. With revenues of approximately 12 million Brazilian Reales (about 2.1 million USD) in 2024, and a highly capable team of 21 members, Nexo has built a strong reputation for delivering transformative projects in strategy, innovation, leadership, and culture.
Nexo collaborates with a diverse portfolio of clients across sectors such as financial services, consumer goods, and technology, assisting both local and global companies in navigating uncertainty, unlocking creativity, and activating strategy through people. Their work encompasses culture transformation, leadership development, employer value proposition, innovation culture, and vision alignment—supported by proprietary methodologies and frameworks.
BTS currently operates in Brazil, servicing both local and multinational clients with a team of 13 employees. By acquiring Nexo, BTS not only increases the Group’s footprint in Brazil but also adds significant capabilities in culture and transformation services. Nexo’s client base has limited overlap with BTS, creating strong growth potential and synergy opportunities.
“Nexo is known for helping leaders and organizations tackle some of the most complex, human-centered challenges with creativity, empathy, and strategic clarity, and the Nexo team is loved by their clients,” says Philios Andreou, Deputy CEO of BTS Group and President of the Other Markets Unit. “Their products and services complement and elevate our existing offerings, especially in culture transformation, and we are thrilled to welcome the Nexo team to BTS.”
“We’re excited to join BTS. We’ve long admired BTS’s approach and unique portfolio to support large organizations and leaders in connecting strategy with culture across the organization,” says Andreas Auerbach, co-founder of Nexo. “Becoming part of BTS allows us to scale our impact and bring more value to our clients while staying true to our values and culture,” adds Mariana Lage Andrade, co-founder of Nexo.
Upon completion of the transaction, Nexo’s business and organization will merge with BTS Brazil. Nexo’s founders will assume senior management roles in the joint operation.
The acquisition includes a limited initial cash consideration. Additional purchase-price considerations will be paid between 2026 and 2028, provided Nexo meets specific performance targets. A limited portion of any such additional considerations will be paid in newly issued BTS shares. The transaction is effective immediately.
BTS’s acquisition strategy continues to focus on broadening its service portfolio, expanding geographic reach, and enhancing capabilities to support future organic growth in a fragmented market.
For more information, please contact:
Philios Andreou
Deputy CEO
BTS Group AB
philios.andreou@bts.com
Michael Wallin
Head of Investor Relations
BTS Group AB
michael.wallin@bts.com
+46-8-587 070 02
+46-708-78 80 19

STOCKHOLM, SWEDEN and SAN FRANCISCO, CALIFORNIA, June 2023 – BTS has signed the Human Rights Campaign and GLAAD’s “Count Us In” Pledge, which affirms leading businesses and employers’ support for LGBTQIA+ inclusion and equality in the workplace and beyond.
BTS is committed to creating a professional environment that is inclusive, safe, and supportive of people of all gender identities and sexual orientations.
“We stand with the LGBTQIA+ community in the fight for equality,”
says Kathryn Clubb, CEO of BTS North America.
“We loudly celebrate LGBTQIA+ diversity and resilience. As an organization and brand, we are committed to demonstrating this support in publicly visible ways. PRIDE month has given us the opportunity to celebrate, learn, appreciate, and understand the LGBTQIA+ community. We are emboldened to take action, speak up, and be better allies.”
In signing this pledge, BTS commits to taking a stand for its LGBTQIA+ employees and clients. Through advocacy, in partnership with lawmakers on the front lines, BTS is committed to supporting broader social change that will shape the world for the better. In tandem with this pledge, BTS has formed an internal taskforce to lead its ongoing discussion and commitment by identifying opportunities for additional advocacy efforts.
“I’m so proud of BTS and the ways in which we are taking a stand to create a better world for our clients, our communities, and our employees,”
said Kathryn Clubb.
“In the words of P. T. Barnum, ‘Comfort is the enemy of progress.’ May we never get too comfortable.”
BTS stands alongside more than 75 other leading businesses, including many clients, in taking this pledge. To learn more about the Pledge and what it stands for, click here.