Source Global Research is a team of London-based experts providing research, data, and strategic advice about the global management consulting industry. They analyse, report on and forecast consulting market trends and work with clients to develop growth strategies. They recently carried out research to determine how the management consulting industry will fare in 2019, the sectors and services that will grow, and gathered information from clients in different sectors on their plans for consulting spend this year. For procurement teams sourcing and buying consulting services, this is useful research to help understand trends in demand.
Chinese e-commerce giant JD will lay off 10 percent of its senior executives above vice-president level this year, as the company looks to maximize its resources, as well as enhance its corporate governance.
According to media reports, the cuts were announced at the company's annual party last week. JD has confirmed the planned layoffs.
Mid-tier accounting firm, RSM Ireland, has opened a new Dublin office as part of an expansion of its management consultancy business.
The firm, which employs about 185 staff overall, also says its revenues have “increased by 40 per cent over the past two years to €22 million”.
Global consulting firm Protiviti welcomes the addition of a new Member Firm in Cairo, Egypt. The new location is the first Member Firm in North Africa, and the Cairo office is led by Managing Director Ashraf Fahmy.
Technology duo Alibaba and Tencent continued their investment momentum in the new year as the deep-pocketed pair continue to seek new opportunities beyond their home turf.
E-commerce behemoth Alibaba said on Tuesday it has boosted its stake in China International Capital Corp Ltd, the nation's leading investment bank, a move analysts said could help it with financial transactions around the world.
Michel Vaja has joined innovation and transformation consultancy PA Consulting as a partner based in London. He joins the financial services consulting practice and will focus on further developing PA’s offering to clients in the payments space.
DowDuPont Specialty Products division has announced it will divest its DuPont Sustainable Solutions (DSS) business to create a new, independent global operations management consulting firm.
The new firm will be supported by Gyrus Capital, an investment firm based in Geneva, Switzerland and led and operated by existing DSS management.
Accenture has helped Metro de Madrid develop and implement a self-learning AI-based ventilation system that minimises energy costs and emissions and ensures high air quality in metro stations and commuters’ comfort.
Accenture has opened a Liquid Studio in Madrid to help clients speed up innovation and software deployment cycles. At the Liquid Studio, clients work side-by-side with highly skilled Accenture professionals, building innovative solutions with speed and agility and taking days or weeks to achieve what used to take months.
Consulting has quietly become one of, if not the hottest industry for students graduating from top universities. Among 2018 Harvard undergrads, roughly 18% chose a career in consulting – the same percentage that took a job in finance. At Harvard Business School, one-fourth of all recent grads went into consulting. The numbers are even higher at Yale School of Management (35%). However, history suggests that many consultants likely won’t be in it for the long haul. The chances are strong they’ll be hunting for something new in short order.
Omar Abbosh leads Accenture's efforts to support innovative new businesses
Omar Abbosh, 53, chief executive of global consultancy Accenture's communications, media and technology group, believes the China market is going to be key to the company's growth prospects in the new era.
Chinese artificial intelligence (AI) giant Baidu has decided to set up an AI cloud computing centre in the northern Chinese city Baoding in its latest efforts to build more smart cities.
Wrapping up the recent campus placement season, India’s premium business schools say they have attracted the most promising job packages from consulting firms.
Consulting firms Accenture and Boston Consulting Group (BCG) topped the charts, rolling out the most number of offers, according to media reports.
Getting your foot in the door at one of the top consulting firms is no easy task. At McKinsey, for example, more than 750k people apply in given year. Fewer than 1% are accepted. That trumps the lowest acceptance rate at top investment banks like Goldman Sachs (4%) by a wide margin. So how do you stand out from the crowd? Learn how to program with R and target McKinsey or Bain’s growing analytics teams.
E-commerce services startup Hinge Consulting LLC, which recently landed a major private equity deal roughly three years after its launch, bears the hallmarks of a virtual overnight success. Unlike many startup founders, though, its CEO arrived at entrepreneurship after an extensive corporate technology career with roots in the U.S. Army.
Shanghai streamlined the procedures on Monday for highly skilled foreigners working in the municipality to get their residence permits within three working days through an online application, the municipality's latest measure to attract such overseas workers.
New biometric screening technology could slice a third off the time it takes passengers to pass through Heathrow airport, according to Atkins, the consultancy advising on its implementation. For Atkins, which was bought by Canadian engineering group SNC-Lavalin for £2.1bn in 2017, developing the technology is only part of its work with Heathrow and other airports.
CAMELOT Management Consultants and LLamasoft today announced an agreement to extend and deepen their partnership. The paradigm shift in supply chain management towards the concept of the Demand-Driven Adaptive Enterprise calls for an integrated approach for supply chain design. The strengthened partnership will enable enterprises to better cope with the increased volatility, uncertainty, complexity and ambiguity of their business
If you're a partner at Boston Consulting Group (BCG) in the UK, you can expect to earn an average of £967k ($1.2m), according to the firm's most recent annual accounts. It's good money if you can get it - but not everyone can. BCG has fewer than 60 partners in London, making its top echelon harder to reach than the managing director rung at most investment banks. However, several fortunate people have just achieved it.
Mason Advisory, independent IT consultancy, has been selected as one of the leading management consultancies in the UK for Digital Transformation and IT Strategy.
