Top 6 reasons people change jobs in Management Consulting

Top 6 reasons people change jobs in Management Consulting

Every day we ask a lot of people in the management consulting world why they are looking to change their jobs. As a professional advisory firm of 14 years good standing, we like to think that people are confident in our reputation and skills in the area to be open and honest with us. Maybe even more so than their current (or even) future employers. After all, nobody would dream of turning up to an interview and saying "it's all about the money", or would they?

BCG acquires procurement and operations consultancy Inverto

BCG acquires procurement and operations consultancy Inverto

The Boston Consulting Group has acquired Germany-based Inverto, a move which further diversifies its range of services for clients in the procurement and operations segment. The addition sees more than 130 management consultants bolster BCG’s capabilities and capacity in a fast growing consulting segment, as digitalisation and Internet 4.0 developments come online.

Salary Survey - September 2016

Salary Survey - September 2016

We surveyed in excess of 2,100 management consulting professionals during September 2016 and the following data relating to current compensation is shown below.

Roland Berger wins contract to oversee Jakarta rail station finances

Roland Berger wins contract to oversee Jakarta rail station finances

Roland Berger wins a €300,000 contract, as part of a joint venture with Tusk Advisory, to provide financial planning to the construction of Jakarta’s main central railway along the MRT route. The 6-month contract will see the firm provide services such as simulation and the running of financial projections and communications.

UK business confidence for coming 12 months takes Brexit hit

UK business confidence for coming 12 months takes Brexit hit

While the long-term and potentially negative effects of the UK leaving the EU remain to be seen, business confidence following the referendum remains low. Key areas of concern are a decline in the UK economy, exchange rate volatility and a decline in consumer confidence.

Navigant acquires US life science specialist Dymedex Consulting

Navigant acquires US life science specialist Dymedex Consulting

Navigant has picked up Dymedex Consulting, a US-based consultancy with a focus on the medical market. The addition boosts the firm’s analytics capabilities, allowing Navigant to better serve its life sciences clients. The Dymedex team, including founders Joseph Galatowitsch and Ross Meisner will be integrated into Navigant’s Life Sciences practice.

Aon acquires New York-based consultancy firm Cammack Health

Aon acquires New York-based consultancy firm Cammack Health

Aon has bought New York-based Cammack Health, boosting its healthcare consulting capabilities with expertise in actuarial and analytics, captive management, reinsurance and other risk- and HR-related solutions. The deal, the value of which has not been disclosed, sees the transfer of around 35 consultants to Aon.

Accenture acquires New Energy Group, adds 450 professionals

Accenture acquires New Energy Group, adds 450 professionals

Accenture has acquired the New Energy Group, a Southern European group of companies focused on supporting enterprise companies with Salesforce and cloud applications. The deal, of which the value has not been disclosed, sees around 450 professionals transfer to Accenture’s Accenture Cloud First Applications team.

Bain's Italian venture fund R204 Partners invests in Qurami

Bain's Italian venture fund R204 Partners invests in Qurami

R204 Partners, a private venture fund run by Bain & Company Partners, Duilio Matrullo and Roberto Folli, has invested a ‘sizeable’ amount of money in Italian startup Qurami. The funding will allow the time-saving app startup to scale, as it seeks international expansion.

GeeFirm launches Google for Work campaign for midsize consultancies

GeeFirm launches Google for Work campaign for midsize consultancies

GeeFirm, a professional services firm that specialises in Google for Work products, has launched a brand new campaign for midsize consultancy companies. The campaign aims to help consultancies gain insight into how much they can save by switching from current enterprise solutions to Google for Work and, as part of the campaign, which runs until 31 December 2016, consulting firms are eligible to receiving financial support during the implementation phase.

EY, PwC, Deloitte and KPMG helping Indian firms prepare for GST

EY, PwC, Deloitte and KPMG helping Indian firms prepare for GST

Big Four professional services firms in India have set up large national teams that work overtime to support businesses transform their various indirect tax processes to the new common GST being introduced in the country by April 2017. One of the Big Four firms, EY, has more than 800 experts on the job.

PSA solutions can help consulting firms gain a competitive edge

PSA solutions can help consulting firms gain a competitive edge

Technology has over the past years become growingly important for the management of consulting firms – its role has, if applied successfully, developed from being a facilitator of operations to a key enabler. The emergence of the latest technologies is taking professional services automation to the next level – consultancies today face an opportunity to leverage cutting-edge solutions to gain a competitive edge in, among others, project management, profitability and new business development.

Hong Kong airport runway expansion plan goes to Mott MacDonald

Hong Kong airport runway expansion plan goes to Mott MacDonald

Hong Kong International Airport is quickly reaching its operational capacity, as the regional economy booms. To allow for continued growth, the Airport Authority Hong Kong developed plans for a third runway – the Hong Kong International Airport’s (HKIA) three-runway system (3RS). Mott MacDonald, working with Atkins, is to provide aviation consultancy across airport masterplanning and engineering for the project – drawing on expertise from its Hong Kong, UK, US and Australian operations for the massive project.

Puerto Rico's electricity provider renews contract with AlixPartners

Puerto Rico's electricity provider renews contract with AlixPartners

Puerto Rico’s main electricity provider, Prepa, is heavily in debt – the company owes creditors around $9 billion. In a bid to stave off default Preda has called in a number of external financial advisors, management consultants and lawyers to restructure its debt, including restructuring experts from AlixPartners

Strategic Management Institute opens an office in London

Strategic Management Institute opens an office in London

The Strategic Management Institute, an Australia-based consultancy and training organisation, has opened an office in London to support its European expansion plans.

5 Reasons Why Consulting Is the Best Industry to Start Your Career

5 Reasons Why Consulting Is the Best Industry to Start Your Career

Deciding where to start your career is intimidating. Which industries offers the best professional development and mentorship? Where can you gain valuable work experience? How can you learn as much as possible every single day?

BCG launches Business Analyst Program in Saudi Arabia

BCG launches Business Analyst Program in Saudi Arabia

The Boston Consulting Group has launched a year-long Business Analyst Program in Saudi Arabia. The initiative is especially designed to equip young Saudi talents with the tools, knowledge, and leadership skills needed to excel in the field of strategy and management consulting.

London's 24 hour economy could grow to £43 billion annually by 2029

London's 24 hour economy could grow to £43 billion annually by 2029

London’s night-time economy got a boost last week, with the opening of the Night Tube. The capital’s night economy has grown steadily in recent years, supporting around 1.25 million jobs and £40 billion in total GVA. The addition of the Night Tube adds around 2,200 new direct jobs and £77 million per year in economic impact by 2029, according to a new report.

The Open University and KPMG launch joint apprenticeship services

The Open University and KPMG launch joint apprenticeship services

KPMG and The Open University (OU) are joining forces to launch an apprenticeship service that enables employers to identify and fulfil their future training needs, following the government’s plan to introduce the Apprenticeship Levy.

The economy appears to be coping just fine after June’s Brexit vote

The economy appears to be coping just fine after June’s Brexit vote

Two months ago today we were waking up to the frankly astonishing news that 52 per cent of the electorate had voted to leave the European Union. The pound had crashed overnight and the FTSE soon followed suit, losing 200 points on fears of a sharp downturn.