Plante Moran Named to FORTUNE’s list of “The 100 Best Companies to Work For®” 17 years in a row

Southfield, Mich. – March 5, 2015 – Plante Moran, one of the nation’s largest certified public accounting and business advisory firms, has been named to FORTUNE Magazine’s list of “100 Best Companies to Work For” for the 17th consecutive year.

The full list, which was announced today, ranks Plante Moran 29 and will appear in the March 15 issue of FORTUNE Magazine (www.fortune.com). Plante Moran has been named to the prestigious list each year it has applied.

With offices throughout Michigan, Illinois and Ohio, and in Mexico, China and India, Plante Moran remains a leader in attracting and retaining staff in the competitive professional services arena through progressive workplace programs and time-tested approaches.

“From its inception, Plante Moran has drawn the connection between exceptional client service and providing a caring and encouraging work environment,” said Gordon Krater, Plante Moran’s managing partner. “Our culture of mutual respect, trust, open communication and transparency results in lower staff turnover and deeper, more strategic relationships between staff and clients.”

Since 1999, the year Plante Moran first appeared on the FORTUNE list, the firm has tripled in revenue and doubled its number of staff. It’s also expanded from 17 offices to 23, including three international locations.

“It’s no coincidence that for the last 17 years the firm has experienced growth and success while remaining a mainstay on the FORTUNE list,” Krater adds. “The firm’s accomplishments are borne of a culture instilled decades ago by its co-founder, Frank Moran.

“Frank was looking to create something more than year-to-year success; he was looking to create a sustainable organization. And the foundation of a sustainable organization? A great culture.”

Plante Moran has a 90-year tradition of being “relatively jerk-free” and of caring about its clients, staff and community. It’s built on foundational principles such as:

  • One-firm firm, a “we’re all in this together philosophy” eliminating competing office-level profit centers. As a result, clients get access to the best resources, regardless of geography
  • Optimizing vs. maximizing, putting people and a long-term view before profitsDoing the right thing for the right reasons

To view the full list, along with information on each of the companies included, visit http://fortune.com/best-companies/2015/.

About Plante Moran
Plante Moran (www.plantemoran.com) is among the nation’s largest certified public accounting and business advisory firms, providing clients with tax, audit, risk management, financial, technology, business consulting and wealth management services. Plante Moran has a staff of more than 2,000 professionals in 23 offices throughout Illinois, Michigan and Ohio, with international offices in Shanghai, China; Monterrey, Mexico; and Mumbai, India. Plante Moran has local offices in the following cities:
• Michigan: Ann Arbor, Auburn Hills, Clinton Township, Detroit, East Lansing, Flint, Grand Rapids, Kalamazoo, St. Joseph, Southfield (three offices) and Traverse City
• Ohio: Cincinnati, Cleveland, Columbus and Toledo
• Illinois: Downtown Chicago (two offices) and Elgin

About Great Place to Work
Great Place to Work® is a global consulting and management training firm specializing in workplace excellence and development of high-trust organizational cultures. Its proprietary research tool, the Trust Index© Employee Survey, is taken by more than 10 million employees in 45 countries annually. Leading companies worldwide apply its model to increase the levels of trust across their organizations and drive business results. Annually, Great Place to Work® produces the annual FORTUNE 100 Best Companies to Work For® list and the Great Place to Work® Best Small and Medium Workplaces list.

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Plante Moran to host “Move over, culture. Make way for innovation” webinar on Dec. 5

Southfield, Mich. – Nov. 17, 2014 – Plante Moran, one of the nation‘s largest certified public accounting and business advisory firms, will host a complimentary webinar titled, “Move over, culture. Make way for innovation” on Friday, Dec. 5. The webinar follows the release of Plant Moran’s fourth annual Innovation Survey on Nov. 10.

According to results compiled from more than 400 Midwest organizations that responded to the 2014 Innovation Survey, the overwhelming majority of whom were C-suite executives in manufacturing or professionals service firms, a strong, positive culture is paramount for successful innovation and increased revenue chiefly because it supports one of the main drivers of innovation: employees.

Expanding on key survey findings, Plante Moran’s Dec. 5 webinar will feature three elite innovator organizations known for their innovation and strong corporate cultures: Detroit-based Henry Ford Health System with CEO Nancy Schlichting; Napoleon, Ohio-based Automatic Feed with CFO Nathan Weaks; and Chicago-based ThoughtWorks with CEO Xia Guo. The three organizations will share best practices with webinar participants to help create a culture empowered to ignite innovation.

To register for the Plante Moran webinar, please visit http://www.plantemoran.com/perspectives/webinars/2014/Pages/move-over-culture-make-room-for-innovation.aspx.

About Plante Moran
Celebrating its 90th anniversary in 2014, Plante Moran (www.plantemoran.com) is one of the country’s largest certified public accounting and business advisory firms, providing clients with tax, audit, risk management, financial, technology, business consulting and wealth management services. Plante Moran has 22 offices and a staff of more than 2,000 professionals throughout Michigan, Ohio and Illinois, with international offices in Shanghai; Monterrey, Mexico; and Mumbai, India. Plante Moran has been recognized by a number of organizations, including FORTUNE magazine, as one of the country’s best places to work.

Plante Moran’s 2014 Innovation Survey finds strong link between culture and innovation-generated revenue

Southfield, Mich. – Nov. 10, 2014 – “Culture eats strategy for lunch,” goes the old business adage. It also sets the table for innovation, according to findings released today in Plante Moran’s 2014 annual Innovation Survey.

For its fourth survey, the firm asked more than 400 Midwest organizations whether culture was a catalyst for innovation. According to respondents, the overwhelming majority of whom were C-suite executives in manufacturing or professional service firms, a strong, positive culture is paramount for successful innovation and increased revenue because it supports one of the main drivers of innovation: employees.

“What we found at the highest levels is a group of organizations we refer to as ‘elite innovators,’ ” said Gordon Krater, Plante Moran’s managing partner. “Organizations in this tier saw revenue increase by 30 percent or more in the past one to three years due to innovation, which they cite as a vital component of survival.

“They also have the highest markers for a great corporate culture. The connection between culture and innovation is one Plante Moran has subscribed to for decades. This year’s Innovation Survey findings provide data-driven affirmation.”

Corporate strategy and employees with ideas drive innovation
Two factors, corporate strategy and employees with ideas, were defined as the top drivers of innovation by elite organizations. In contrast, those not in the top tier reported overall that the customer was the number one driver of innovation. As Henry Ford once said, “If I had asked people what they wanted, they would have said faster horses.”

Elite organizations acknowledge the customer is an important factor; however, they drive their innovation forward with a strong focus on corporate strategy and their employees. Specifically, these elite innovator organizations:
• Prioritize innovation strategy and leadership investment, with 60 percent having a research and development line item in their budget dedicated to innovation
• Used professional advice for space planning and design to promote a collaborative and open work environment and “free-range office mentality,” with easy access to executives
• Provide the tools, training and programs needed to support innovation; individuals challenge existing notions and create leading-edge ideas when given opportunities to learn and grow
When it comes to tapping employees for innovation, the elite tier had a striking advantage over organizations that didn’t increase revenue in the past three years due to innovation:
• 92 percent agreed employees consider it a great place to work – versus 63 percent in the no-innovation driven revenue group
• 96 percent said innovation is valued in the workplace – versus 46 percent in the no- innovation driven revenue group
• 96 percent said their employees genuinely believe the organization cares about them, their clients, customers and the community – versus 71 percent in the no- innovation driven revenue group
• 100 percent reported employees feel encouraged to come forward with new ideas – versus 71 percent in the no- innovation driven revenue group

Successful innovators cite recognition as the most effective form of incentive
Forty-two percent of elite organizations offer some form of incentive, such as recognition and monetary awards. These successful innovators are more likely to have a formal recognition program, including monthly or annual award ceremonies. Notably, when comparing this statistic with organizations that do not see increased revenue from innovation, only 13 percent offer employee incentives.

Innovation webinar to highlight three elite innovators
A complimentary Plante Moran webinar titled “Move Over, Culture. Make Way for Innovation” is scheduled for 2-3 p.m. on Dec. 5. It will feature three organizations known for their innovation and strong corporate cultures:
• Detroit-based Henry Ford Health System with CEO Nancy Schlichting,
• Napoleon, Ohio-based Automatic Feed with CFO Nathan Weaks
• Chicago-based ThoughtWorks with CEO Xia Guo

The trio will share best practices for creating a culture empowered to ignite innovation. Visit webinars.plantemoran.com to learn more or register for the webinar.

Plante Moran donated $5 to Camp Invention for every survey submitted. Created by the National Inventors Hall of Fame, Camp Invention is the only nationally recognized summer program focused on creativity, innovation, real-world problem-solving and the spirit of invention. Camp Invention is a program of the nonprofit organization Invent Now and has a partnership with the U.S. Patent and Trademark Office.

About Plante Moran
Celebrating its 90th anniversary in 2014, Plante Moran (www.plantemoran.com) is one of the country’s largest certified public accounting and business advisory firms, providing clients with tax, audit, risk management, financial, technology, business consulting and wealth management services. Plante Moran has 22 offices and a staff of more than 2,000 professionals throughout Michigan, Ohio and Illinois, with international offices in Shanghai; Monterrey, Mexico; and Mumbai, India. Plante Moran has been recognized by a number of organizations, including FORTUNE magazine, as one of the country’s best places to work.

Does culture hurt or help innovation? Plante Moran asks Midwest businesses to examine another side of innovation in fifth annual survey

SOUTHFIELD, Mich., June 23, 2014 – Building on the findings from last year’s survey, Plante Moran is back for a fifth year asking businesses throughout the Midwest to identify the link between culture and innovation.

The fifth annual innovation survey from the public accounting, tax and business advisory firm again asks Midwest businesses and organizations to share how they use innovation to increase revenue, improve quality and cut costs. New to this year’s survey, businesses and organizations will be asked to share their cultural values and practices and explore how culture affect activities and initiatives that drive innovation.

The five-minute online survey, which is available here, asks C-suite executives and innovation team leaders to answer questions designed to measure innovation and activity, the business value of innovation, and drivers and constraints on innovation. Last year, executives from more than 225 businesses, nonprofits and governmental entities from Michigan, Illinois, Ohio and Indiana took the survey, which found that:

• An increasing number of organizations tied innovation to sustainability and growth
• Three out of four respondents thought collaboration, rather than going it alone, speeds innovation
• Organizations were taking the necessary steps to provide a richer environment to spur innovation

All survey participants will receive a report outlining the findings from this year’s survey. Plante Moran will publish their findings in a white paper and hold a webinar to review overall results. The study wraps up in mid-July.

“Last year’s Plante Moran innovation survey uncovered some intriguing insights into the role of collaboration in the innovation process,” said Gordon Krater, Plante Moran managing partner. “On the global stage, we are seeing an increasing need for collaboration – even among traditional rivals – in order to be successful. We hope this year’s survey will shed additional light on how businesses and organizations can collaborate effectively with their customers, vendors, colleges and universities, entrepreneurs and others to drive innovation.”

For each survey submission, Plante Moran will donate $5 to Camp Invention. Created by the National Inventors Hall of Fame, Camp Invention is the only nationally recognized summer program focused on creativity, innovation, real-world problem solving and the spirit of invention. The fun, hands-on activities revolve around science, technology, engineering, math and other evolving topics. Camp Invention is a program of the nonprofit organization Invent Now and has partnered with the U.S. Patent and Trademark Office to give as many children as possible the opportunity to learn key concepts from quality educators.

ABOUT PLANTE MORAN
Celebrating its 90th anniversary in 2014, Plante Moran (www.plantemoran.com) is one of the country’s largest certified public accounting and business advisory firms, providing clients with tax, audit, risk management, financial, technology, business consulting and wealth management services. Plante Moran has 22 offices and a staff of more than 2,000 professionals, throughout Michigan, Ohio and Illinois, with international offices in Shanghai; Monterrey, Mexico; and Mumbai, India. Plante Moran has been recognized by a number of organizations, including FORTUNE magazine, as one of the country’s best places to work.