Blogs
Oops!… We did it again
January 2022
Our network continues to expand year-on-year and I am proud to report a further 17% increase in global revenues as Russell Bedford International releases our 2021 Global Performance Report (DOWNLOAD HERE).
This was split equally between the addition of new member firms joining the network (8%) and the net growth amongst existing members (9%), with some of our latest recruits greatly contributing to these figures due to their recent expansions.
The report additionally shows an impressive and consistent upward trajectory in recent periods, with the network having now grown by 68% over the past five years.
However, it is never about size per se; and the credibility of our network relies on the quality of our member firms, with a foundation built on a culture of trust and integrity. I was personally delighted to have revealed Russell Bedford’s new strategic positioning at the Annual General Meeting of 2021, which highlighted our unique strengths of connectivity, collaboration, positive impact and excellence.
Russell Bedford's financial performance and incredible growth are of great significance and demonstrate the strength and success of our member firms, in addition to our attraction in recruiting new firms. Yet, it only tells part of the story. It is of utmost importance to also reflect on the relentless dedication of time and energy given to assisting businesses around the world, while supporting colleagues, particularly in a second year of pandemic with continued uncertainty and ongoing challenges.
Looking back on such a successful year allows our network to look forward, with even greater positivity and optimism, to even further achievements and, as the world starts to open up once again, we welcome the many more opportunities of 2022.