Tuesday 20th Nov, 2012
It looks like a good match. Deloitte, like all the Big Four firms, would like to expand its footprint in the strategic consulting space, giving it greater sight of, and input to, the type of issues and decisions which drive organisations and their use of consultants. Strategy work continues to command higher fees so there’s important margin to be won here too.
Wednesday 3rd Oct, 2012
September seems to have been a good month for most consulting firms in Europe. This summer, unlike that of 2011, didn’t see a crisis of confidence and many clients came back from their vacations keen to get things moving. For the moment the run up to the end of the calendar year is looking fairly positive. Inevitably, firms’ thoughts are turning to next year: will 2013 be a good year for the consulting industry? Vintage or vacuous? Boom or bust?
Tuesday 31st May, 2011
Business analytics is, of course, nothing new. Big Four firms and engineering consultancies have long retained small groups of economists to analyse the macro-economic environment; strategy firms have typically taken an analytical approach to assessing – say – the attractiveness of a new market. However, in all such cases, business analytics has been a back-office function, something that is part of another service offered by the firm.
But there are three reasons why analytics is now emerging, blinking, into the limelight.
Friday 4th Jun, 2010
The possible merger between AT Kearney and Booz and Co has created quite a stir. So far much of the attention has been focused on what this means for the other big strategy firms. Is McKinsey, Bain or BCG likely to feel threatened? My guess is not, not least because this move – if that’s what it is – is just part of the way in which these firms are trying to chisel out a distinctive profile for themselves.
Friday 4th Jun, 2010
There was a big fuss in the UK last year when the findings of a report by McKinsey on cutting costs in the National Health Service were leaked to the press. It was proposed that 137,000 clinical and admin posts would be cut in order to save £20bn by 2014. Vilified by the press, the government announced that it had rejected the report’s recommendations.
Wednesday 19th May, 2010
Interviewing people for our recent report on strategy consulting, I was struck by this phrase. Coined by Muir Sanderson at Booz in London, he was referring to the way in which consulting firms, particularly strategy ones, have been escalating their attempts to build and keep client relationships in recent years.
Tuesday 27th Apr, 2010
Many of you will have noticed that there’s a boom in strategy consulting going on.
Having hunkered down for the duration of the (private sector) recession, companies are looking to see how to respond to the recovery. What has changed? How do they need to adapt? Not surprisingly, this leads to increased demand for strategy consulting: that’s happening at the moment, just as it happened after the last downturns in 1997 and 2002.
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