Contact: Kristi Blitz
Madison, Wisconsin – Farwell, a Madison-based firm specializing in strategy and execution services for businesses experiencing growth-based, transformational and organizational change, was named to the 2017 Inc. 5000 list of fast-growing private companies. Ranking 184th nationally, and 2nd in Wisconsin, Farwell has expanded by 2,347 percent over the past three years, solidifying a strong trajectory for further growth throughout the Midwest. The Inc. 5000 is heralded as one of the most prestigious business rosters including the nation’s most successful private companies, and is a stamp of entrepreneurial achievement having once recognized business powerhouses Zappos.com, Under Armour, Pandora and GoPro, among others. Only four Wisconsin companies ranked in the top 500 on this year’s list of independent small to midsized businesses.
With a management team and growing network of project, process and change experts, Farwell works with a variety of regional clients including Lands’ End, MillerCoors, Fiskars, SubZero-Wolf, Promega, WPS Health Insurance and CUNA. Services include, but are not limited to: strategic planning for organizational or transformational change; project execution including project management, business analysis and process optimization; and partner services like research and trends; technical staffing and recruiting; and data architecture and business intelligence.
“Being named to the Inc. 5000 celebrates our amazing team at Farwell, and our flexible, collaborative, client-centric approach,” states Jason Potter, Founder & CEO. “It is also confirmation that changes in technology and competition are causing companies of all sizes to rethink how they do business. In the last 18 months, Farwell clients have been recognizing the great value of managing change on their most strategic and impactful projects.”
Starting with two employees in a co-working space, Farwell has grown largely based on its unique and dedicated approach to right-sizing efforts. Now occupying a 2,500 square foot office on Madison’s vibrant east side, Farwell offers solutions for companies of varying size and industry. “The key is that we meet our clients where they are from a size, budget and complexity standpoint. There is no minimum engagement duration and our team ramps the effort up and down based on the needs of the client. There is no ‘one-size-fits-all’ solution to managing this change based environment,” states Steve McQuin, VP of Client Solutions. Currently, Farwell has over 30 advisors leveraging established frameworks and methodologies to strategize, manage and implement change.
“On a macro-level, lower cost and ubiquitous technology have caused a massive disruption across all industries,” states McQuin. “We are seeing a fast-paced mix of increased competition, multitude of vendor solutions, and aggressive growth goals. This results in a wide breadth of transformation including things like modernization, organizational restructuring, consolidation, customer experience redesign, partnerships and automation. This affects all businesses – yet we’ve found only the largest have the resources to effectively develop their own change strategy and implementation plans. Farwell is dedicated to building a top team of experts in order to help all companies navigate change.”
About Farwell: Based in Madison, Wisconsin, Farwell provides services that help companies navigate varying types of growth-based, transformational and organizational change. The Farwell team includes Project, Program and Portfolio Managers, Process Improvement Engineers, Business Analysts, and Change Management experts. Farwell’s Partner Services include managed service providers, technical staffing firms, data experts, application development teams, and IT security consultants, among others. Farwell and its partners work together to develop custom, client-focused solutions.
For more information, visit www.gofarwell.com or connect with Farwell on LinkedIn, Twitter and Facebook to follow how change affects your industry.
About Inc. 5000: The Inc. 5000 list ranks private companies by overall revenue growth over a three-year period, offering a unique look at one of American economy’s most dynamic segments – its independent small and midsized businesses. The 2017 Inc. 5000 is among the most competitive in the list’s 36-year history with the average company achieving a three-year average growth of 481%. The 2017 list has aggregate revenue of $206 billion and collectively generated 619,500 jobs over the past three years. All 5,000 honoree companies are individually profiled on Inc.com. The top 500 are featured in the September issue of Inc. magazine. Inc. also ranks the fastest-growing companies by industry, metro area, revenue, and number of employees, and highlights women- and minority- run companies.
For more information, and complete results, visit: www.inc.com/inc5000.