Here are some articles related to management consultancy which I’ve come across in the last few weeks, and my news, views and opinions about what’s going on in the consultancy sector. These may be of interest to you if you are actively pursuing a consultancy career and – as I emphasise in my coaching sessions – information like this could spark an idea that leads to a job opportunity. (Sceptical? See below….)
KPMG India grows consulting practice – Australia’s consulting market expands 7% – Brexit spend on consultants climbs – all about Impact Investing – PA Consulting’s staff rewards – consulting firm joiners share success stories – McKinsey’s new creative unit – will you be microchipped? – coaching over Christmas
PA Consulting’s been busy. Four items of news landed in my in-box. Around one thousand PA staff will receive a payout as part of a £350m refinancing deal. https://news.sky.com/story/pa-consulting-staff-set-for-payout-in-350m-carlyle-debt-deal-11522737 I wonder if they will include the staff of US firm Essential Design, “experts in user-centred design, improving customer experiences and driving innovation to market”, who are merging with PA’s Global Innovation and Technology practice. https://www.paconsulting.com/newsroom/releases/pa-consulting-enhances-global-innovation-and-product-design-capability-through-acquisition-of-essential-design/ The firm is also working with the UN to show how disruptive technologies can help meet sustainable development goals.https://disruptionhub.com/reports/creating-a-sustainable-future/#.W6t7rdBO9XA.twitter And a group of project management consultants at PA are some of the first to have been awarded Chartered Project Professionals status by the APM.https://www.apm.org.uk/news/association-for-project-management-awards-first-ever-chartered-project-professional-standard/
KPMG India’s management consulting practice is to hire 8,000-9,000 new staff. Around 10% will be deployed on projects overseas.
Whilst KPMG UK will stop taking consultancy projects from the FTSE-350 companies whose accounts it audits. http://www.donleslie.uk/kpmg-uk-in-consulting-reversal/
“McKinsey Design is the biggest design firm you’ve never heard of .” Read about McKinsey’s new creative solutions service line at https://www.wsj.com/articles/consulting-firm-mckinsey-co-takes-on-design-strategy-1540486522
Can Arts Graduates go into consulting? These and other questions are answered on my website http://www.donleslie.uk/can-arts-graduat%E2%80%A6-into-consulting/
Australia’s consultancy market grew by over 7% last year, and consultancy news website Consultancy.au analyses two recent reports on the country’s consulting firms. https://www.consultancy.com.au/news/556/australias-management-consulting-market-set-to-expand-in-2018 And Consultancy.asia reports that EY APAC has acquired a digital consultancy with offices in Singapore, Thailand and Australia. https://www.consultancy.asia/news/1615/ey-buys-adelphi-adds-170-staff-in-australia-singapore-and-thailand
The Big Four will not be microchipping their employees: a non-story from The Guardian newspaper https://www.theguardian.com/technology/2018/nov/11/alarm-over-talks-to-implant-uk-employees-with-microchips
The Dutch practice of Deloitte is now the country’s biggest Corporate Finance advisor following a merger with local firm BCCF. https://www.consultancy.eu/news/2093/deal-sees-deloitte-corporate-finance-become-market-leader-in-the-netherlands And US turnaround consultants Alvarez & Marsal have opened a second UK office, in Birmingham https://www.birminghammail.co.uk/news/business/finance-firm-launches-new-birmingham-15350476 A new office often means new jobs, and I see three Birmingham-based roles on their website.
Brexit alert: depressing news ahead….Consulting firms are in line for £40m – and rising – to provide advice to the UK Government. https://www.buzzfeed.com/albertonardelli/government-brexit-consultants-40-million Madness, says this Remoaner. Spend the money on improving the UK’s NHS, perhaps? Here’s a new list of 20+ consultancies on the NHS’s Health Systems Support Framework. All the big names and some well-known healthcare boutiques, as well as consortia containing smaller specialist firms. https://www.england.nhs.uk/hssf/
How about doing some good? Find out about Impact Investing. www.impactinvestingguide.com?utm_source=donleslie&utm_medium=email This new site provides information for students: the core aspects of Impact Investing, the sub-sectors of the industry as well as useful resources for those starting out in the field.
Putting my advice into practice: success stories. Two new ones this month. I bang on about using Google Alerts to gather intelligence which could turn into an (unadvertised) job. A postgraduate student at Bradford School of Management who heard me recommend this technique during my presentation there has written to tell me how it led to him joining a prestigious firm in Egypt. (He also says work permits are easy – if slow – to come by, and that Arabic language skills are not necessary in this market.) And a Cambridge Judge MBA has been in touch to share her news: she has joined a high profile boutique firm in London following my advice to look beyond MBB and the Big Four.
If you are still unsure about which firms to apply to, or indeed how to approach them, I’ll be running 1:1 coaching sessions between Monday 10th December 2018 and Friday 11th January 2019. To book a session contact me via email@example.com for fees and times. These are open to anyone interested in strategy and management consultancy.
The next Newsletter will appear in January. You can catch up on previous editions here too.
I deliver management consultancy careers sessions on campus and via webinars. The Spring Term engagement diary is open…