Independent advisory

London · New York · Singapore

Review 2026

Fewer, better

Fewer, better

Fewer, better

decisions.

decisions.

decisions.

Thesis is an advisory firm for boards and leadership teams. We find the few choices that matter, prove them with numbers and stay until they are made.

Thesis is an advisory firm for boards and leadership teams. We find the few choices that matter, prove them with numbers and stay until they are made.

Thesis is an advisory firm for boards and leadership teams. We find the few choices that matter, prove them with numbers and stay until they are made.

Fig. 1

Perspective is the first deliverable. Every engagement starts with the whole picture.

I

The year in numbers

A firm built

A firm built

A firm built

on evidence.

on evidence.

on evidence.

Every figure on this page builds as you read. Hover or tap a marker for the note behind it. All numbers are demo data.

01

Engagements completed since the firm was founded

02

Of clients who came back for a second engagement

03

Sectors, from ports and power to universities

04

Years of independent advice, with no audit or software to sell

II

Our approach

Four chapters,

Four chapters,

Four chapters,

one report.

one report.

one report.

Scroll the chapters on the right; the contents on the left follow you and mark where you are.

01

The question

Start with the decision, not the data.

Start with the decision, not the data.

Start with the decision, not the data.

Every engagement opens with a single sentence: the decision the board has to make, and by when. It keeps the work small, the team focused and the final answer useful.

Every engagement opens with a single sentence: the decision the board has to make, and by when. It keeps the work small, the team focused and the final answer useful.

Every engagement opens with a single sentence: the decision the board has to make, and by when. It keeps the work small, the team focused and the final answer useful.

02

What we found

Most plans try to do too much.

Most plans try to do too much.

Most plans try to do too much.

When we count the initiatives in a typical plan, there are three or four times more than the organisation can deliver. Money and attention spread thin, and nothing finishes. The fix is rarely more analysis. It is a shorter list.

When we count the initiatives in a typical plan, there are three or four times more than the organisation can deliver. Money and attention spread thin, and nothing finishes. The fix is rarely more analysis. It is a shorter list.

When we count the initiatives in a typical plan, there are three or four times more than the organisation can deliver. Money and attention spread thin, and nothing finishes. The fix is rarely more analysis. It is a shorter list.

Fig. 2 Share of budget on the top three priorities (demo data)

Before the review21%
Twelve months after38%
Sector median26%
Illustrative demo data.

03

What changed

Focus shows up in the numbers.

Focus shows up in the numbers.

Focus shows up in the numbers.

Once the list is short, the results follow: projects finish, managers know what matters and the board can see progress quarter by quarter. The chart below draws itself as you scroll; the values are in the right panel for you to edit.

Once the list is short, the results follow: projects finish, managers know what matters and the board can see progress quarter by quarter. The chart below draws itself as you scroll; the values are in the right panel for you to edit.

Once the list is short, the results follow: projects finish, managers know what matters and the board can see progress quarter by quarter. The chart below draws itself as you scroll; the values are in the right panel for you to edit.

Fig. 3 Operating margin after the review (demo data)
12%31%20192025
Illustrative demo data.

04

What to do next

Stay until the decision is made.

Stay until the decision is made.

Stay until the decision is made.

A report is not the end of the work. We stay through the first quarter of delivery, review progress with your team and step back when the new rhythm holds.

A report is not the end of the work. We stay through the first quarter of delivery, review progress with your team and step back when the new rhythm holds.

A report is not the end of the work. We stay through the first quarter of delivery, review progress with your team and step back when the new rhythm holds.

“They told us what to stop. It was the most valuable page in the report.”

“They told us what to stop. It was the most valuable page in the report.”

“They told us what to stop. It was the most valuable page in the report.”

Chair, listed property group (demo quote)

“

“

“

We had the right projects in the wrong order. Thesis gave us the order, and the case for it.

We had the right projects in the wrong order. Thesis gave us the order, and the case for it.

We had the right projects in the wrong order. Thesis gave us the order, and the case for it.

Chief financial officer, renewable energy developer (demo quote)

Read the case studies

→

IV

Insights

Notes from

Notes from

Notes from

the work.

the work.

the work.

Short, practical essays with the chart that started them. New every month.

All insights

→

Start a conversation

Bring us the question

you keep postponing.

A first conversation is with a partner, takes an hour and costs nothing. If we are not the right firm, we will say so and suggest who is.

Contact a partner

→

Start a conversation

Bring us the question

you keep postponing.

A first conversation is with a partner, takes an hour and costs nothing. If we are not the right firm, we will say so and suggest who is.

Contact a partner

→

Thesis

An independent advisory firm. We help boards and leadership teams make fewer, better decisions.

Thesis

© 2026 Thesis Advisory. Demo content: the firm, people, clients and figures on this site are fictional.

Photography: Unsplash

Thesis

An independent advisory firm. We help boards and leadership teams make fewer, better decisions.

Thesis

© 2026 Thesis Advisory. Demo content: the firm, people, clients and figures on this site are fictional.

Photography: Unsplash

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