About Resources Connection

Resources Connection, Inc. operates as a global consulting company. The company focuses on project execution services that power clients’ operational needs and change initiatives utilizing on-demand, experienced and diverse talent. As a next-generation human capital partner for its clients, the company specializes in co-delivery of enterprise initiatives typically precipitated by business transformation, strategic transactions or regulatory change. The company’s engagements are designed to leverage human connection, expertise and collaboration to deliver practical solutions and more impactful results that power its clients’, consultants’ and partners’ success. Effective May 31, 2022, the company’s operating segments consist of the following: RGP – A global business consulting firm focused on project execution services that power clients’ operational needs and change initiatives with experienced and diverse talent; and Sitrick – A crisis communications and public relations firm which operates under the Sitrick brand, providing corporate, financial, transactional and crisis communication and management services. RGP’s Solution RGP is ideally positioned to capitalize on the confluence of the industry shifts. The company’s solution offers the following elements: A relationship-oriented and collaborative approach to client service; A dedicated talent acquisition and management team adept at developing, managing and deploying a project-based workforce; Deep functional and/or technical experts who can assess clients’ project needs and customize solutions to meet those needs; Highly qualified and pedigreed consultants with the requisite expertise, experience and points of view; Competitive rates on an hourly basis as well as on a project basis; and Significant client control of their projects with effective knowledge transfer and change management. RGP’s Strategic Priorities Business Strategy The company is dedicated to serving its clients with highly qualified and experienced talent in support of projects and initiatives in a broad array of functional areas, including transactions, regulations, and transformations. The company’s strategy is to establish consultative relationships with clients; and build the RGP brand. Growth Strategy The key elements of the company’s growth strategy are to further its strategic brand marketing; increase penetration of existing client base; grow its client base; optimize service offerings with a focus on digital capabilities; expand sales channel through its digital engagement platform (HUGO by RGP); and engage in strategic acquisitions. Service Offerings Project Consulting: The company partners with its people and clients to deliver value and impact, bringing its depth of experience and sleeves up approach to project execution. While many companies find their internal employees lack the time, experience, or skills for project execution, the company seeks out talent who can bring fresh ideas to drive any project to a successful conclusion. On-demand Talent: Tapping into its agile talent pool, the company mobilizes the right resources to support an organization in rapidly changing business environment. The company’s workforce strategy provides flexible, collaborative resources to meet its clients’ needs. Other Services: From digital workflows to back-office functions, the company supports vital business processes, freeing its clients to focus on transformation. In addition, the company’s award-winning recruiters quickly find and assess top talent for business-critical positions for a wide range of clients. Clients The company provides its services and solutions to a diverse client base in a broad range of industries. In fiscal 2023, the company served over 2,000 clients in 37 countries. Operations The company generally provides its professional services to clients at a local level, with the oversight of its market or account leaders and consultation with its corporate management team. While the majority of the company’s client relationships are driven at a local market level, its Strategic Client Accounts, which comprise 106 accounts, are led by account leaders responsible for relationships across markets and who are specifically tasked with growing its global relationships in these key accounts. Market or account level leadership works closely with the company’s talent management team, which aligns regionally but is managed largely as three distinct groups within North America, the Asia Pacific and Europe. The company’s talent organization is responsible for identifying, hiring and cultivating a sustainable relationship with seasoned professionals fitting the RGP profile of client needs. The company’s consultant recruiting efforts are regionally and nationally based, depending upon the skill set required; talent management handles both the identification and hiring of consultants specifically skilled to perform client projects, as well as monitoring the satisfaction of consultants during and after completion of assignments. In fiscal 2020, the company launched its Borderless Talent initiative in response to the Pandemic to evolve towards and facilitate a virtual operating model. Through its Strategic Client Account program, the company aims to be the service provider that can partner with its multinational clients on a global basis by organizing the concerted effort and talent team to deliver through one integrated service platform. Additionally, team members in the company’s Project Consulting Services group are individuals with deep subject matter expertise in areas of particular client concern who assist with scoping, proposing and delivering complex engagements. The company provides centralized administrative, marketing, finance, human resources (HR), information technology (IT), legal and real estate support. The company also has a business support operations center in its Utrecht, Netherlands office to provide centralized finance, HR, IT, payroll and legal support to its European offices. Business Development The company’s business development initiatives consists of local and global initiatives focused on existing clients and target companies; national and international targeting efforts focused on multinational companies; brand marketing activities; and national and local advertising and direct mail programs. The company’s business development efforts are driven by the networking and sales efforts of its management, with its worldwide Salesforce software platform providing a common database of opportunities and clients and enhancing its local and global business development efforts. While local senior management focus on market-related activities, they are also part of the regional, national and international sales efforts, especially when the client is part of a multinational entity. In certain markets, sales efforts are also enhanced by management professionals focused solely on business development efforts on a market and national basis based on firm-wide and industry-focused initiatives. These business development professionals, in partnership with the vice-presidents and client service teams, are responsible for initiating and fostering relationships with the senior management and decision makers of the company’s targeted client companies. The company’s national marketing efforts have effectively generated incremental revenues from existing clients and developed new client relationships. The company’s brand marketing initiatives help bolster RGP’s reputation in the markets it serves. The company’s brand is reinforced by its professionally designed website, print, and online advertising, direct marketing, seminars, thought leadership whitepapers, initiative-oriented brochures, social media and public relations efforts. Dispositions During fiscal 2023, the company completed the dissolution of the following three foreign subsidiaries: Compliance.co.uk Ltd, Resources Compliance (UK) Ltd and RGP Poland spolka z ograniczona odpowiedzialnoscia. During fiscal 2022, the company completed the dissolution of the following three foreign subsidiaries: RGP France SAS, RGP Denmark A/S, and RGP Italy SRL, as it continued to complete its exit from certain non-core markets in Europe. History Resources Connection, Inc. was founded in 1996. The company, a Delaware corporation, was incorporated in 1998.