President & CEO
Daugherty Business Solutions
Location: St. Louis, MO
Industry: Advisory Services & Technology Consulting
*SECOND YEAR HONOREE*
Ron Daugherty’s advisory services and technology consulting business made a key acquisition in the early years of his company that forged a client relationship that still helps drive the business today.
“We made the decision to acquire the software that Anheuser-Busch wholesalers relied on to run their businesses,” Daugherty said. “We were in the early stages of the company and invested millions into the acquisition, expanding our services and standing up a software product company in record time. I was confident the team could do it, but we had to ramp up quickly to support an existing customer base of 170 wholesalers and expand to the entire 700-plus wholesaler market for Anheuser-Busch. The product became a key differentiator to sell more beer. ABI is still a very important client for us today, and we are excited to continue supporting the world’s largest brewer.”
Daugherty Business Solutions, where Daugherty is president and CEO, is an advisory services and technology consulting partner that dates back to the mid-1980s, delivering results through innovation and technology.
The company said it has “teammates” in more than 30 states and three countries, bringing its ideas to more than 75 of the Fortune 500. The business plans to focus more attention on mid-markets while continuing to help companies integrate artificial intelligence, machine learning and automation.
“A company that uses its success to make a greater positive difference in the world is a powerful idea,” he said. “That’s more of a timeless trait that has been true for a thousand years and will continue to be true for a thousand more.”.
Daughterty is committed to giving back and mentoring the next generation of young professionals. He invests in leadership development and programs like Daugherty University, Encouraging Professional Growth, Women LEAD, Access Point and his company’s career development training and mentoring program.
The Daugherty University curriculum boosts and accelerates development for participants to learn technical and soft skills in a Daugherty-controlled environment, working on teams to solve real-world business problems. The eight-week program is a gateway for young professionals to join the technical industry. Prior to graduating, teams present their solutions to Daugherty and his company’s executive leadership teams and have the opportunity to have their tool or process implemented in the Daugherty enterprise.
“Daugherty (Business Solutions) is tremendously committed to equity in education, equity in jobs and equity in health,” Daugherty said. “These are all complex issues facing society today.
“Our Access Point program teams with school districts, higher education institutions and major corporations to remove barriers and drive life-changing opportunities for young people and underrepresented groups. We do this by providing access to education, mentorship, financial support and long-term careers in technology. We’ve already changed the trajectory of hundreds of lives, and we’ll soon be expanding this program to thousands of students across the nation.”
Titan 100 is an influential and recognizable award within our employees, our clients, and our community. Ron's recognition as a Titan helps further establish Daugherty as a leader in the industry and amplifies Daugherty's focus areas to bring more equity to the St. Louis region.