"Having good market intelligence is no longer optional in this day and age"
Rakesh Pabbi - Senior Partner
The multi-billion dollar industry is growing at a steady rate, but analysts predict downhill for the maturing industry.
In 1995, former Boston Consulting Group consultant Clayton Christensen coined the term “disruptive innovation” directed at the industry. He noted the phenomenon was in the early stage and “alarms won’t sound until it’s already too late in the game.”
DXC Technology and Luxoft Holding, Inc today announced a definitive agreement for DXC to acquire Luxoft, a global-scale digital innovator with differentiated offerings, deep vertical industry expertise and world-class digital talent.
ALM Intelligence has named Boston Consulting Group (BCG) a top leader among the world’s premier consulting firms for its depth of ability to get results and overall client impact. The ALM Vanguard: Talent & Leadership Consulting, an annual report that assesses the capabilities of the world’s major consultancies, ranks consultants on a relative basis according to their ability to create impact for their clients. BCG was ranked the highest among both strategy and HR consultancies
Consultancies have long been an attractive career path for younger people looking to learn fast and get a variety of experiences. However, consultancies whose culture hasn’t kept pace with the times are finding it harder to retain great consultants a few years into their careers. Often these talented young people will be lured away to greener pastures by better career growth opportunities, cooler offices and perkier benefits
Bell and Howell, the leader in retail click-and-collect solutions, announced the debut in New York City of a next-generation self-service technology, designed to automate the prescription pickup process. BH QuickRx, a turn-key pickup kiosk, frees pharmacy staff to more effectively assist customers while simultaneously decreasing customer wait times.
Global consultancy Alvarez & Marsal has announced the launch of a regional office for the UK’s North West, based in Manchester. The new locale is the second regional office the firm has opened in the UK in as many months, as it looks to meet the specialised needs of clients across the country ahead of a year of uncertainty.
Secoo (SECO) announced a strategic partnership with Oracle (NASDAQ: ORCL) in China to launch a new office automation system, improving Secoo's strategy development and upgrading their technology.
Despite a tumultuous year, Big Four auditing and advisory giant KPMG has reported a leap in profits in the UK. The result will see the average pay of its Partners rise to more than £600,000 each, even after the company’s role in the collapse of Carillion, and a host of other accounting debacles.
US consulting giant Accenture has acquired local Oracle reseller and managed services provider PrimeQ for $31 million, in a rapid rise for the Adelaide-based company that was only founded three years ago.
NHS efficiency chiefs are hiring management consultants to draw up a new model for how trusts should spend billions of pounds on goods and services, HSJ can reveal.
Global accounting giant Ernst & Young has acquired a leading Ottawa consulting firm in a bid to bolster the services it offers to clients in the government and non-profit sectors.
Ireland-based professional services firm Accenture which has a significant presence in Houston, has acquired Enaxis Consulting for an undisclosed amount.
Houston-based Enaxis serves Fortune 100 and Fortune 500 companies and focuses on clients in the upstream oil and gas sector, oil field service sector and the airline industry.
Widen, a provider of digital asset management (DAM) software, today launched Strategic Consulting services for marketing technology. Strategic Consulting complements Widen’s Professional DAM services, offering strategy design, change management, and process improvement. By focusing on strategy, Widen aims to outfit customers for challenging, long-term objectives.
Consulting industry expert Michele Luzi has been appointed a Non-Executive Director by global consultancy Cello Health. The Bain & Company Partner brings more than 25 years of experience in telecommunications, media and technology consulting.
Deloitte announced several newest additions to its market leading ConvergeHEALTH modular suite of cloud-based products powered by Amazon Web Services (AWS). ConvergeHEALTH Deep Miner™ now integrates with Amazon SageMaker and ConvergeHEALTH Data Asset Explorer is now available natively on AWS, using AWS Glue.
There are several reasons to apply for a job at the Big Four. Chief among them is the fact that Deloitte, PwC, KPMG and EY hire more professionals globally than just about any other company. PwC hired nearly 65k people during its last fiscal year, nearly double the number of employees currently working at Goldman Sachs. That works out to roughly one new hire every eight minutes. Of course, Big Four firms are still plenty selective, so it helps to know exactly where their priorities are currently.
Northwell and Nassau University Medical Center have issued a letter of intent to enter a six-month partnership in which Northwell would provide management-consulting services to the East Meadow hospital, after the NUMC board of directors voted unanimously in favour of the partnership.
Eversheds Sutherland's consulting arm generated GBP26 million last year. Its consulting arm is a mix of lawyers, audit and risk specialists.The employment of management consultants and senior business executives is on the increase in legal firms. This enables the law firm to offer a wide range of services, including business strategy and change management consulting. The range of services varies, but it tends to include legal IT solutions, talent management and records management along with legal strategy development and implementation.
International strategy consulting heavyweight McKinsey & Company has formalised its entry into the world of design thinking, launching the new McKinsey Design brand. The firm’s new business unit builds on three acquisitions – Lunar, Carbon12 and Veryday – which has enabled it to reach a headcount of some 350 designers spread across ten international hubs.
The management consulting team of KPMG is looking to hire nearly 8,000-9,000 people in India, a tenth of them to be deployed on projects overseas, as they see global clients increasingly want one of the Big Four audit firms to implement solutions and demonstrate results for the strategy guidance it gives them.
