5 Major Ways Cicero Group Is Reshaping Salt Lake City's Business Future: The MGT Acquisition And 2024 Impact Report
Cicero Group, the prominent management consulting firm headquartered in Salt Lake City, Utah, has undergone significant transformations and released influential research as of late 2024/early 2025. The firm, which specializes in data-driven strategies and social impact consulting, has cemented its position as a key player in the Utah business landscape and beyond. This article dives into the latest developments, including a major organizational shift and the release of its highly anticipated 2024 philanthropic report, providing the freshest perspective on the company's current trajectory.
Founded in 2001, Cicero Group has grown from a local startup to a global consultancy, maintaining its core identity and headquarters in Downtown Salt Lake City. The company’s focus on leveraging proprietary data and deep expertise to create actionable strategies for private, public, and social sector clients is what has kept it at the forefront of the industry for over two decades. The most recent news, as of this current date in late 2025, centers on its expanded capabilities following a strategic move and its ongoing commitment to regional research.
The Cicero Group Profile and Leadership
The success of the Cicero Group is deeply tied to its Salt Lake City roots and the vision of its founder. Understanding the firm requires a look at the key individuals and foundational structure that drive its global operations from its Utah base.
- Company Name: Cicero Group (also referred to as Cicero®)
- Headquarters: Salt Lake City, Utah, United States (located in The Gateway district)
- Global Offices: New York, Washington D.C., Dallas, and Mumbai
- Founded: 2001
- Founder & Chairman: Randy Shumway
- Core Services: Data-Driven Management Consulting, Strategy Development, Customer Insights, Analytics, Social Impact Consulting
- Key Development: Joined MGT, a national strategic solutions provider (Acquisition)
- Noteworthy Recognition: Rated among the top 50 overall consulting firms globally
- Annual Report: Publisher of "The Giving State" report on Utah's philanthropic landscape
The leadership team, which includes figures such as Lawrence Cowan, Aaron Andersen, Jacob Allen, Douglas Hervey, Miguel Howe Col (Ret.), and Senior Partner Jason Richards, drives the firm's diverse portfolio. Founder Randy Shumway, a prominent American businessman, remains the Chairman, guiding the firm's strategic direction and its ongoing commitment to high-value social impact work.
1. The Strategic MGT Acquisition: Expanding Social Impact Reach
One of the most significant and recent developments for the Salt Lake City-based consultancy is its decision to join forces with MGT, a national strategic solutions provider. This strategic move effectively positions Cicero as an "acquired company" within the broader MGT umbrella, though it retains its distinct brand and focus.
What the MGT Partnership Means for Salt Lake City
The partnership marks MGT’s 10th acquisition in recent years, signaling a major push to integrate high-value social impact management consulting into its service offerings. For Cicero, and by extension, Salt Lake City, this means a significantly expanded platform to deliver its data-driven strategies to a wider array of public sector and social organizations across the nation. The joining allows the firm to leverage MGT's extensive resources while continuing to operate from its Utah headquarters, reinforcing Salt Lake City's role as a hub for cutting-edge business consulting.
The collaboration is focused on enhancing the delivery of services centered around social impact, a core component of Cicero's mission. By combining MGT's national reach with Cicero's expertise in analytics and strategy, the firm is better equipped to tackle complex challenges in education, healthcare, and government at a national scale, all while maintaining a strong local presence and commitment to Utah's unique needs.
2. Unveiling "The Giving State 2024": Key Philanthropic Insights
Cicero Group is not only a consulting firm but also a significant contributor to regional knowledge through its proprietary research. The launch of "The Giving State 2024" report is a fresh and unique piece of content that demonstrates the firm's dedication to understanding the local philanthropic landscape.
Focus on Utah's Charitable Giving
The report, which Cicero has been publishing for several years, is designed to uncover why Utah consistently ranks as a demonstrated leader in charitable giving across the United States. The 2024 edition provides updated analysis and data-driven recommendations, focusing on the behavior of donors—defined as individuals who make monetary contributions, grants, or volunteer their time.
This research provides invaluable customer insights for non-profits, government agencies, and businesses looking to engage with the community. It offers a deep dive into the mechanisms and motivations behind the state's generous culture, providing actionable steps for organizations to optimize their fundraising and social impact strategies. The report is a prime example of how Cicero leverages its analytics capabilities to benefit the broader social ecosystem of Salt Lake City and the entire state.
3. The Data-Driven Strategy Advantage in a Competitive Market
In the highly competitive world of management consulting, Cicero's longevity and success are attributed to its unwavering focus on data-driven strategies. The firm’s methodology is built on the principle that every insight and client solution must be grounded in rigorous information and analytics.
Core Pillars of Cicero's Consulting Model
The firm's expertise spans several critical areas that are essential for modern business success:
- Strategy Development: Crafting long-term, actionable plans based on market realities and proprietary data.
- Customer Insights: Utilizing Big Data and sophisticated analytics to understand customer behavior and preferences, helping clients achieve higher customer satisfaction and loyalty.
- Measurement and Evaluation: Providing detailed reports that track performance, detail findings, and offer clear, evidence-based recommendations.
- Organizational Effectiveness: Helping companies optimize internal structures and processes for greater efficiency and employee engagement.
This systematic approach, which includes everything from proposing new welfare schemes based on research findings to optimizing corporate structures, has made Cicero a trusted partner for a broad mix of clients.
4. A Hub for Talent and Innovation in Downtown SLC
Cicero Group's decision to maintain its headquarters in Salt Lake City, specifically at The Gateway, underscores its commitment to being part of Utah's thriving tech and business scene. The firm actively recruits top talent, offering various career paths from Business Analyst to Engagement Manager, contributing directly to the growth of high-skill employment in the downtown area.
By being a part of the Salt Lake Chamber, Cicero engages directly with the local business community, helping to shape economic development and policy discussions. The firm's presence reinforces the city's reputation as a center for innovation, where global consulting work is executed from a supportive, dynamic local environment. The company's focus on "world-class consulting work" ensures that the talent fostered in Salt Lake City is competitive on a global stage.
5. Global Reach with Local Impact: The Utah Connection
While Cicero has offices in major global centers like New York and Mumbai, its identity remains intrinsically linked to Salt Lake City. This unique position allows the firm to bring global best practices to local Utah businesses while exporting the state's unique data-driven approach to clients worldwide.
The firm's involvement in local governance and social issues, such as its research on homelessness and its ongoing "Giving State" report, demonstrates a deep commitment to its home base. By focusing on both large-scale international projects and critical local issues, Cicero Group exemplifies how a Salt Lake City-based consultancy can achieve both global relevance and profound community impact, ensuring its continued influence on the state's future.
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