Strategy isn’t set anymore. It’s adapted.

In today’s business environment, strategy no longer unfolds neatly from vision to execution. Disruption is constant, complexity is accelerating, and expectations are shifting in real time. In this context, strategy that is overly scripted becomes brittle. The organizations that thrive today are the ones that have learned to improvise. Not reactively, but with intention, agility, and confidence. To many executives, the idea of “strategy improv” might sound risky or chaotic. In truth, great improvisation is neither. It is a learned discipline rooted in presence, trust, and adaptability. It is what enables teams to respond purposefully in the face of the unexpected. And it is quickly becoming a core leadership capability for our times.

Why strategy needs to shift

For decades, the dominant model of strategy has been based on control. A select few defined the vision, cascaded goals through layers of the business, and expected execution to follow. Success was measured by fidelity to the plan. The world no longer works that way. Markets are volatile. We are in a technology super cycle. Customer needs evolve faster than product roadmaps. And the economic, geopolitical, and environmental future is increasingly uncertain. Rigid strategies struggle to survive this level of flux. They become outdated before implementation begins. Worse, they force teams into patterns of execution that ignore emerging data, evolving context, or untapped insight. What is needed now is not more precision. What is needed is more adaptability.

Strategy as intention, not prescription

In improvisational terms, a strategic plan is no longer a fixed script. It is a shared intention. It is a direction, not a destination. It is a compass, not a map. The core strategic question is no longer, “What is our five year plan?” but instead: “How do we respond wisely, quickly, and collectively to whatever emerges in service of our purpose?” This does not mean abandoning structure or discipline. In fact, it demands more of both. But the emphasis shifts from defining every move in advance to cultivating the conditions where people can make smart decisions in the moment. Here is the distinction:

• A goal says: “We will grow 17 percent in revenue.”

• An intention says: “To grow 17 percent, we will delight our clients, grow our impact, and operate with excellence to unlock long term value.”

The first is measurable. The second is both meaningful and measurable. And it is meaning that enables action when the path becomes unclear.

What improv really means

Improv in business is ripe for misunderstanding. It is not winging it or hoping for the best. Great improv is highly disciplined. It is grounded in preparation, presence, and shared principles. Here are a few improv principles that matter most for leaders and teams:

• Yes, And… Build on what is already in motion instead of shutting it down. That is how momentum grows.

• Make Your Partner Look Good. Execution is collective. Leaders who elevate others create trust and shared ownership.

• Be Present. You cannot rely on what worked yesterday or predict what comes tomorrow. Execution happens in this moment.

• Listen for What Is New. Do not just confirm your beliefs. Notice weak signals, dissenting voices, and emerging shifts.

• Commit to the Scene. Once you step in, go all in. Half-hearted execution drains energy and derails progress.

These are not stage tricks. They are everyday disciplines for how leaders and teams show up together when the path is not clear.

The boundary: What can and cannot be improvised

Not everything can or should be improvised. You cannot spin up a new factory in six weeks or redo a regulatory filing on the fly. Capital projects, infrastructure, hiring pipelines, and compliance require structure, discipline, and lead time. Within those guardrails, much of execution is improv. The actions and moves you make can and show flex with the need and the moment. Such moves might include:

• How you respond to a customer this week

• How you redeploy resources when a competitor surprises you

• How you adjust product features in response to early user feedback

The art is knowing the difference. Improv lives inside the boundaries, not outside them. And that is where the advantage lies.

We know it works

We have already seen this in action. During COVID, strategy as improv was not optional. Plans dissolved overnight. Leaders had to pivot in real time, trust their teams, and reimagine value on the fly. Many succeeded, not because they had the perfect plan, but because they had the capacity to improvise. Consider two everyday situations:

• Telecommunications company: With hardware and software tightly linked, this company faced constant tension between short-term changes in a release and the permanence of installed infrastructure. By learning to improvise in the short term with software while anchoring their long-term vision in hardware roadmaps, they delivered quick wins without derailing future value. To do so, leaders had to abandon siloed “hardware first” or “software first” thinking and live in both worlds at once.

• Global manufacturer: Preparing for volatility in regulation and transportation, this company had shifted to thinking of its manufacturing footprint as a portfolio of capabilities rather than fixed plants. When sudden shifts hit sooner than expected, they could improvise quickly, rebalancing capacity across countries, not because they were ready but because they had already rehearsed some of the moves. The adjustments were urgent, but they felt planful.

These are not exotic cases. They are reminders that when strategy execution meets reality, it is the organizations that can improvise with purpose that thrive.

From plans to response

The core strategic question has changed. It is no longer, “What is our five year plan?” but instead: “How do we respond wisely, quickly, and collectively to whatever emerges?” Capacity, creativity, and commitment to the purpose and intention of the strategy, not certainty, are now the keys to competitive advantage. Those attributes are built through people: their judgment, their alignment, and their ability to act in service of shared priorities.

How to build strategic improv into your organization

Improv is not just an individual skill. It is an organizational capacity. Here are five practical ways to embed it into how your teams work:

1. Ground the organization in purpose and priorities. Make sure everyone knows the “why” behind your strategy. Not just the outcomes you are chasing, but the value you aim to create. Purpose creates the throughline that allows teams to improvise without drifting.

1. Build enterprise perspective at all levels. Give people visibility into how their choices affect the whole. When teams understand upstream and downstream impacts, they act with greater confidence and coordination.

1. Normalize adaptation, not perfection. Shift the narrative from flawless execution to responsive evolution. Celebrate learning, reward and highlight intelligent risk taking, and treat change as a constant, not a crisis.

1. Practice collective sensemaking. Create space for cross functional conversation, reflection, and signal sensing. Encourage teams to bring forward what they are noticing, not just what they are reporting.

1. Train for improvisation. Just as improv actors practice, so can your leaders. Build their capacity to navigate ambiguity, connect dots, and co-create solutions in real time. The payoff is not just agility. It is resilience.

Final thought

Strategy execution today is less about control and more about capability. It is less about knowing the answers and more about creating the conditions where your people can discover the right answers for now, together. Companies that thrive in uncertainty will not be the ones with the tightest plans. They will be the ones that can improvise with purpose, with confidence, and with each other. When the world will not wait, improv is not optional. It is the new strategic advantage.

In the 1990s, Business Process Reengineering (BPR) was the Big Bet. Companies launched tightly controlled pilot programs with hand-picked teams, custom software, and executive backing. The results dazzled on paper.

But when it came time to scale? Reality hit. People weren’t ready. Systems didn’t connect. Budgets dried up. The pilot became a cautionary tale, not a blueprint.

We’ve seen this before with Lean, Agile, even digital transformations. Now it’s happening again with AI, only this time, the stakes are different. Because we’re not just implementing a new solution, we’re building into a future that’s unfolding. Technology is evolving faster than most organizations can learn, govern, or adapt right now. That uncertainty doesn’t make transformation impossible, but it does make it easier to get wrong.

And the dysfunction is already showing up, just in two very different forms.

Two roads to the same cliff

Today, we see organizations falling into two extremes. Most companies are either overdoing the control or letting AI run wild.

Road 1: The free-for-all

Everyone’s experimenting. Product teams are building bots, prompting, using copilots. Finance is trying automated reporting. HR has a feedback chatbot in the works. Some experiments are exciting. Most are disconnected. There's no shared vision, no scaling pathway, and no learning across the enterprise. It’s innovation by coincidence.

Road 2: The forced march

Leadership declares an AI strategy. Use cases are approved centrally. Governance is tight. Risk is managed. But the result? An impressive PowerPoint, a sanctioned use case, and very little broad adoption. Innovation is constrained before it ever reaches the front lines.

Two very different environments. Same outcome: localized wins, system-wide inertia.

The real problem: Building for optics, not for scale

Whether you’re over-governing or under-coordinating, the root issue is the same: designing efforts that look good but aren’t built to scale.

Here’s the common pattern:

• A team builds something clever.
• It works in their context.
• Others try to adopt it.
• It doesn’t stick.
• Momentum dies. Energy scatters. Or worse, compliance says no.

Sound familiar?

It’s not that the ideas are flawed. It’s that they’re built in isolation with no plan for others to adopt, adapt, or scale them. There’s no mechanism for transfer, no feedback loops for iteration, and no connection to how people actually work across the organization.

So, what starts as a promising AI breakthrough (a smart bot, a helpful copilot, a detailed series of prompts, a slick automation) quietly runs out of road. It works for one team or solves one problem, but without a handoff or playbook, there’s no way for others to plug in. The system stays the same, and the promise of momentum fades, lost in the gap between what’s possible and what’s repeatable.

We’ve seen this before

These aren’t new problems. From BPR to Agile, we’ve learned (and re-learned) that:

• Experiments are not strategies. Experiments show potential, not readiness for adoption. Without a plan to scale, they become isolated wins; interesting, but not transformative.
• Culture is the operating system. If the beliefs, behaviors, and incentives underneath aren’t aligned, the system breaks, no matter how advanced the tools.
• Managers matter. Without their ownership and support, change stalls.
• Behavior beats code. Tools don’t transform companies. People do.

Design thinking promised to bridge this gap with user-driven iteration and empathy. But in practice? Most efforts skip the hard parts. We tinker, test, and move on, without ever building the conditions for adoption.

AI and the new architecture of work

Many organizations treat AI like an add-on—as if it’s something to bolt onto existing systems to boost efficiency. But AI isn’t just a project or a tool; it changes the rules of how decisions are made, how value is created, and what roles even exist. It’s an inflection point that forces companies to rethink how work gets done.

Companies making real progress aren’t just chasing use cases. They’re rethinking how their organizations operate, end to end. They’re asking:

• Have we prepared people to reimagine how they work with AI, not just how to use it?
• Are we redesigning workflows, decision rights, and interactions—not just layering new tech onto old routines?
• Do we know what success looks like when it’s scaled and sustained, not just when it dazzles?

If the answer is no, whether you’re too loose or too locked down, you’re not ready.

The mindset shift AI demands

AI isn’t just a tech rollout. It’s a mindset shift that asks leaders to reimagine how value gets created, how teams operate, and how people grow. But that reimagination isn’t about the tools. The tools will change—rapidly. It starts with new assumptions, new stances, and a new internal leader compass.

Here are three essential mindset shifts every leader must make, not just to keep up with AI but to stay relevant in a world being reshaped by it:

1. From automation to amplification

Old mindset: AI automates tasks and cuts costs.

New mindset: AI expands and amplifies human potential, enhancing our ability to think strategically, learn rapidly, and act boldly. The question isn’t what AI can do instead of us, but what it can do through us—helping people make better decisions, move faster, and focus on higher-value work.

2. From efficiency to reimagination

Old mindset: How can we use AI to make current processes more efficient?

New mindset: What would this process look like if we started from zero with AI as our co-creator, not a bolt-on?

3. From implementation to opportunity building

Old mindset: Roll out the tool. Train everybody. Check the box.

New mindset: AI fluency is a core human capability that creates new realms of curiosity, sophistication in judgment, and opportunity thinking. Soon, AI won’t be a one-time training. It will be part of how we define leadership, collaboration, and value creation.

From sparkles to scale

In most organizations, the spark isn’t the problem. Good ideas are everywhere. What’s missing is the ability to translate those isolated wins into something durable, repeatable, and enterprise-wide.

Too many pilots are built to impress, not to endure. They dazzle in one corner of the business but aren’t designed for others to adopt, adapt, or sustain. The result? Innovation that stays stuck in the lab—or dies.

Designing for scale means thinking beyond the “what” to the “how”:

• How will this spread?
• What behaviors and systems need to change?
• Can this live in our whole world, not just my sandbox?

It’s not about chasing the next use case. It’s about setting up the conditions that allow innovation to take root, grow, and multiply, without starting from scratch every time.

Here’s how to make that shift:

1. Test in the wild, not just in the lab

Skip the polished demo. Put your solution in the hands of real users, in real conditions, with all the friction that comes with it. Use messy data. Invite resistance. That’s where the insights live, and where scale begins. If it only works in ideal settings, it doesn’t work.

2. Mobilize managers

Executives sponsor. Front lines experiment. But it’s team leaders who connect and spread. Equip them as translators and expediters, not blockers. Every leader is a change leader.

3. Hardwire behaviors, not just tools

The biggest unlock in AI is not the model—it’s the muscle. Invest in shared language, habits, and peer learning that support new ways of working. Focus on developing behaviors that scale, such as:

• Change readiness: the ability to spot opportunity, turn obstacles into possibilities, and help teams pivot.
• Coaching: getting the best out of your AI “co-workers” just like human ones.
• Critical thinking: applying human judgment where it matters most—context, nuance, and ethics.

4. Align to a future-state vision

To scale beyond one-off wins, people need a shared sense of where they’re headed. A clear future-state vision acts as an enduring focus, allowing everyone to innovate in concert. That alignment doesn’t stifle innovation. It multiplies it, turning a thousand disconnected pilots into a coherent transformation.

5. Track adoption, not just “wins”

Don’t mistake a shiny, clever prompt for progress. A great experiment means nothing if it can’t be repeated by many people. From day one, design with scale in mind: Can this be adopted elsewhere? What would need to change for it to work across teams, roles, or regions? Build for transfer, not just applause.

The real opportunity

AI will not fail because the tech wasn’t good enough. It will fail because we mistook experiments for solutions, or because we governed innovation into paralysis.

You don’t need more control. You don’t need more chaos. You need design for scale, not just scale in hindsight.

Let’s stop chasing sparkles. Let’s build systems that spread.

Today, change isn’t just constant—it’s compounding.

AI is reshaping roles. Supply chains remain volatile. Customer expectations evolve faster than annual planning cycles can keep up. In this context, a strategy that looks great on paper often falls apart in practice. Imagine a team, for instance, who spent months crafting a detailed strategy—every milestone mapped, every risk assessed. But when conditions shifted, their well-laid plan quickly felt more like a burden than a beacon. Sound familiar?

This is a reality many organizations face. The traditional top-down approach to strategy, where a select few create the plan and hand it down, is cracking under the pressure of a faster, more complex world. Organizations need a strategy that’s dynamic, resilient, and, most importantly, actionable by everyone. To make this a reality, today’s leaders must bring strategy to life through a more inclusive, flexible model that empowers teams to contribute and adapt in real time.

In this new approach, strategic planning is about more than a set of priorities and goals—it’s about creating a two-way dialogue with people across the organization, building a culture of ownership, and embedding adaptability at every level. Here’s how to reinvent strategy in a way that turns it from an isolated exercise into a collective movement, creating a fast track to impact and ownership.

Create feedback loops closer to the customer

In conventional strategy sessions, plans are often crafted behind closed doors, only to be revealed once they’re fully formed. This approach may feel efficient, but it leaves out insights from those closest to the work—and to customers. Without input from these critical perspectives, strategies risk being disconnected from the realities on the ground.

This doesn’t mean handing over the strategy process to every employee or crowd-sourcing big decisions. Leaders still set the direction. The key is being intentional about when and where employee input will sharpen the strategy. Rather than starting with a blank slate, offer specific, targeted opportunities for feedback—especially from those on the front lines.

From: Senior leaders make the strategy and inform employees of the plan

To: Employees are engaged at critical moments early in the strategy planning process

An example: A SaaS company set an ambitious goal to double in size within three years—but early alignment was missing. Leaders were energized by big ideas but lacked a shared direction. To clarify the path forward, they created a set of strategic alternatives rooted in a clear purpose. Rather than relying solely on executive input, they brought in next-level leaders to pressure test early ideas and offer real-world feedback. These leaders piloted key parts of the strategy in their markets and then offered insights from their experiences that helped sharpen the long-term strategy. By intentionally involving the right people at the right moments, the organization gained clarity faster—and built stronger alignment early on.

By building feedback loops at the right moments, you can:

• Capture frontline insights that executives may not see, enriching the strategy.
• Generate early buy-in by giving employees a voice in shaping the “how” of the strategy where they are better positioned to know what will work.
• Align daily work with strategic goals by allowing employees to test the strategy and spot where it will work—and where it won’t.
• Create an environment where teams feel empowered to surface new insights and adapt.

A participatory approach at the right times along the strategy process doesn’t just inform the strategy—it makes it stronger and more grounded in real challenges, empowering employees to shape an outcome that feels both ambitious and achievable.

Cultivating ownership at every level

Even the best strategy is only as effective as the people who execute it. Ownership at all levels is essential to driving speed and adaptability, but it doesn’t happen by accident. When employees have clarity on how the strategy aligns to their individual roles and on the decisions they can own, they feel empowered and motivated to contribute to its success. This sense of ownership fosters a nimble, resilient organization.

By building purpose and clarity into every level of the plan, leaders can:

• Empower informed decisions at the right level that support company goals.
• Create momentum by showing employees their impact early on.
• Encourage continuous learning and adaptability anchored in the customer and market.
• Shift from static planning to an iterative, progress-driven mindset.

When employees see how their roles connect to larger goals and feel like they have the authority to make decisions, they are more willing—and prepared—to take ownership. This alignment, combined with a focus on purpose, drives momentum even in a shifting landscape.

From: Strategy execution is top-down, with decisions held at the leadership level.

To: Employees at all levels have clarity on how their roles connect to the strategy and where they can make decisions, fostering ownership and speed.

An example: One global healthcare company, having grown rapidly through acquisition, struggled with a fractured strategy—each business unit pulling in a different direction. Their turning point came not from a better plan, but from a unifying purpose. By helping teams see how they fit into a bigger vision, people could start seeing themselves in the future of the company. This shared purpose became a powerful driver of ownership—especially when disruption hit. When a major supply chain issue emerged just months later, teams didn’t splinter. Instead, they used that shared purpose as a compass, identifying new ways to deliver value and keep momentum going.

Align strategy and culture

All too often, strategy and culture are treated as separate domains. Yet, no matter how robust your strategic plan, it can only succeed if it aligns with the organization’s cultural norms and ways of working. For example, adopting a more agile operating model might mean shifting the culture toward quicker decision-making and cross-functional teamwork.

To create alignment between strategy and culture, leaders should:

• Identify key behaviors and ways of working that support strategic objectives—and those that are getting in the way.
• Focus on how these behaviors show up in everyday actions and decisions, and start making small shifts that reinforce what’s needed to execute the strategy.
• Experiment and iterate, and as you see success, formalize new ways of working.

When strategy and culture move in harmony, they generate powerful momentum. Strategy becomes part of the organization’s DNA, reinforcing behaviors that propel the company toward its goals.

From: Strategy and culture are treated as separate priorities.

To: Strategy and culture are intentionally aligned, with behaviors, ways of working, and decision-making reinforcing strategic goals.

An example: A company formed through a series of acquisitions faced a challenge: culture fragmentation. With each acquired unit operating by its own norms, there was no shared way of working—and no clear basis for making strategic tradeoffs. Before any strategy could take hold, leadership recognized that the organization needed a common foundation. The breakthrough wasn’t a new plan, but a cultural one: reconnecting people to why they were part of the same company and what future they were building together.

By identifying consistent ways of working across teams and aligning on a shared purpose, they built the cultural scaffolding needed to execute strategy effectively. When external conditions changed, teams responded not with confusion, but with cohesion. Cultural alignment became the engine that made adaptive strategy possible.

Build in flexibility and adaptability

Even the best strategies need room to flex. But too often, organizations treat adaptability as an exception—something reactive, triggered only when disruption hits.

In a world where the conditions you plan for rarely match the ones you execute in, flexibility can’t be an afterthought—it must be a built-in feature of how strategy takes shape and stays alive.

The problem? Most strategy processes are built for control, not change. They prioritize precision over learning, timelines over feedback, and reporting over reflection. The result: strategies that look solid on paper but crack under real-world pressure.

Everyone talks about agility. It’s become a fixture in executive keynotes and strategy decks. But what’s often missing is the how—the operating system that actually enables teams to move quickly and stay aligned when conditions shift.

To build that system, leaders need to rethink not just their planning cadences, but the behaviors, structures, and decision-making norms that shape how strategy is executed day to day.

Here’s what that looks like in practice:

• Empower teams to surface real-time insights and propose tactical shifts—so strategy stays grounded in frontline reality.
• Support rapid adjustments without losing strategic direction—aligning short-term moves with long-term outcomes.
• Strengthen leaders’ resilience and decision-making under pressure—so they can lead through ambiguity without stalling progress.
• Establish structured feedback loops and clear decision rights—so teams know when to escalate, when to adjust, and when to act.

These shifts aren’t abstract ideals—they’re already reshaping how leading organizations approach strategy execution. One global logistics company, facing rapid expansion and constant external pressure—from shifting customer expectations to volatile supply chains—recognized that reacting faster wasn’t enough. They needed to design for adaptability from the start.

Instead of relying on rigid quarterly plans, they implemented a 30-, 60-, and 90-day strategy rhythm. These weren’t status updates—they were structured checkpoints designed to challenge assumptions, surface real-time insights, and recalibrate execution before small issues became big ones.

So, when disruption came—as it inevitably does—the teams didn’t freeze or fall behind. They flexed with purpose and kept moving, not because they had all the answers, but because they were built to shift. Adaptability wasn’t a reaction—it was how the organization worked, by design.

A new era of strategic planning

Strategic planning today isn’t about crafting the “perfect” plan—it’s about building the capability to learn, adapt, and align at scale. What’s different now? Disruption is no longer episodic—it’s constant, compounding, and often coming from directions leaders didn’t anticipate. AI is rewriting roles. Markets move overnight. And decision-making is no longer confined to the top—it’s distributed across teams, functions, and geographies.

In this environment, traditional planning cycles collapse under pressure. The organizations that thrive won’t be the ones with the most polished strategy deck—they’ll be the ones with the strongest strategic muscles: the ability to sense, shift, and stay aligned in real time.

By replacing rigid plans with dynamic systems, leaders can activate strategy as a living, participatory process—shaped by insight from every level, reinforced through culture, and tested through execution.

Because in a world that won’t wait, the real advantage isn’t having the right answers upfront—it’s building an organization that knows how to respond when the questions change.

Each business revolution has reshaped not only how businesses operate, but how they organize themselves and empower their people. From the industrial age to the information era, and now into the age of artificial intelligence, technology has always brought with it a reconfiguration of authority, capability, and judgment.

In the 19th century, industrialization centralized work and knowledge. The factory system required hierarchical structures where strategy, information, and decision-making were concentrated at the top. Managers at the apex made tradeoffs for the greater good of the enterprise because they were the only ones with access to the full picture.

Then came the information economy. With it came the distribution of information and a need for more agile, team-based structures. Cross-functional collaboration and customer proximity became competitive necessities. Organizations flattened, experimented with matrix models, and pushed decision-making closer to where problems were being solved. What had once been the purview of a select few, judgment, strategic tradeoffs, and insight became expected competencies for managers and team leads across the enterprise.

Now, AI is changing the game again. But this time, it’s not just about access to data. It’s about access to intelligence.

Generative AI democratizes access not only to information, but to intelligent output. That shifts the burden for humans from producing insights to evaluating them. Judgment, which was long the domain of a few executives, must now become a baseline competency for the many across the organization.

But here’s the paradox: while AI extends our capacity for intelligence, discernment, the human ability to weigh context, values, and consequence, is still best left in the hands of human leaders. As organizations begin to automate early-career work, they may inadvertently erase the very pathways and opportunities by which judgment was built.

Why judgment matters more than ever

Deloitte’s 2023 Human Capital Trends survey found that 85% of leaders believe independent decision-making is more important than ever, but only 26% say they’re ready to support it. That shortfall threatens to neutralize the very productivity gains AI promises.

If employees can’t question, challenge, or contextualize AI’s output, then intelligent tools become dangerous shortcuts. The organization stalls, not from a lack of answers, but from a lack of sense-making.

What organizations must do

To stay competitive, organizations must shift from simply adopting AI to designing AI-aware ways of working:

• Build new learning paths for judgment development. As AI replaces easily systematized tasks, companies must replace lost learning experiences with mentorship, simulations, and intentional development planning.

• Design workflows that require human input. Treat AI as a co-pilot, not an autopilot. Embed review checkpoints and tradeoff discussions. Just as innovation processes have stage gates, so should AI analyses.

• Make judgment measurable. Assess and develop decision-making under ambiguity from entry-level roles onward. Research shows the best learning strategy for this is high-fidelity simulations.

• Start earlier. Leadership development must begin far earlier in career paths, because judgment, not just knowledge, is the new differentiator.

What’s emerging is not just a flatter hierarchy, but a more distributed sense of judgment responsibility. To thrive, organizations must prepare their people not to outthink AI, but to out-judge it.

P R E S S R E L E A S E
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 (approx. 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 great 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 purchase price considerations will be paid in newly issued BTS shares. The transaction is effective immediately.

BTS’s acquisition strategy continues to focus on broadening our service portfolio, expanding our geographic reach, and enhancing our 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

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Work today is too complex for individuals to succeed in isolation. Almost every critical decision, innovation, or transformation depends on teams working effectively together. Leaders rely on their teams to deliver results. Teams, in turn, rely on their leaders to create the conditions where performance is possible. This exchange, what leaders need from their teams, and what teams need from their leaders, sits at the heart of what we call teaming.

When teaming is strong, leaders get what they need from their teams [creativity, resilience, execution] and teams get what they need from leaders [direction, support, and the conditions to thrive]. It’s how strategy becomes action, how uncertainty becomes opportunity, and how businesses stay competitive in a fast-changing world.