A move from Troy to Royal Oak is part of insurance and financial services consulting firm Cambridge Consulting Group's efforts to develop a company culture that encourages its employees to have a passion for its projects.
The idea is to create an environment where the employees want to make a big difference for the firm’s clients through their work.
"It's something we have pushed for a while," says Dan Cornwell, CEO of
Cambridge Consulting Group. "It's really resonating with our team."
Making a move to a dynamic city center like downtown Royal Oak is a significant part of the development of that culture. Cambridge Consulting Group's leadership believes being in a cool environment like downtown Royal Oak will help inspire passion in its employees and be a better work environment overall.
"A walkable, vibrant downtown definitely resonates with our team now," Cornwell says. "It will also help with our recruiting because it’s what the next generation wants."
Cambridge Consulting Group got its start in Troy in 1985. It has since grown to a staff of 60 employees, including 10 new hires over the last year. It has leased 20,000 square feet at 400 W Fourth St. It is creating an open, collaborative office space that is expects to move into in August. The new space also comes with a little room to grow.
"We think we can add 25 additional people to it," Cornwell says.
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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