Publications
Publications
- October 2024
- HBS Case Collection
Hakluyt: from Corporate Intelligence to Trusted Advisors (B)
By: Joseph B. Fuller and Lena Duchene
Abstract
This case is a continuation of an earlier study chronicling Hakluyt & Company (Hakluyt)’s transformation from an obscure boutique to a global corporate advisory firm with an outsized reputation. In August 2024, the firm faced a pivotal moment as managing partner Varun Chandra left to become the prime minister’s special adviser on business and investment following a Labour Party victory. Under Chandra’s leadership, Hakluyt had significantly expanded, doubling its workforce and reaching £113.1 million in revenue by 2023. His early exit accelerated succession plans, raising questions about the firm’s future, including who would succeed him, how the firm would sustain its strategic growth, and how key clients would respond to the leadership change.
Keywords
Business Growth and Maturation; Business Model; Talent and Talent Management; Capital Structure; Cash Flow; Corporate Finance; Equity; Stock Shares; Corporate Governance; Business History; Compensation and Benefits; Recruitment; Leadership Style; Growth Management; Management Succession; Management Teams; Organizational Culture; Performance Evaluation; Networks; Partners and Partnerships; Business Strategy; Competitive Advantage; Consulting Industry; Europe; United Kingdom; England; London
Citation
Fuller, Joseph B., and Lena Duchene. "Hakluyt: from Corporate Intelligence to Trusted Advisors (B)." Harvard Business School Supplement 825-087, October 2024.