FTI Consulting strategic communications revenue climbed 15.1% in the second quarter to $49.9M as public affairs and financial communications assignments buoyed the unit.
Overall revenues at the consulting company — corporate finance/restructuring, forensic/litigation consulting, economic consulting, technology, strategic comms. are its main business units — rose 2.5% to $460.1M, or 3.7% excluding negative currency effects. Net income jumped 22.3% to $26.5M.
President and CEO Steven Gunby said a strong second quarter, combined with a record first quarter, constituted the best first half in the company's history.
FTI said strategic communications, which rose 17.6% excluding currency effects, was driven by higher project-based revenues from PA and financial communications work in North America and the EMEA region.
While specialization is essential, siloed execution can subtract from the impact of corporate purpose and narratives. The result is missed opportunities to lead. 
