CLIENTS are more concerned with local expertise and deep sector knowledge than international reach, a new study has found.
Sourceforconsulting.com found existing relationships and brand are the primary drivers of Big Four demand, with companies increasingly turning towards smaller firms offering more specialist knowledge despite their lack of global capabilities.
Regardless of this trend, the quartet remains popular among users of consultancy services, with three-quarters saying they will maintain or increase their Big Four spending.
Report author Edward Haigh said the major firms might be popular for generic cost-efficiency improvements but that smaller competitors can be preferable for “a targeted innovation project, as provided traditionally by a specialist strategy consultancy”.
Some practices are becoming split down the middle between Gen Y and the millennials on the one side, and the grey hairs on the other, writes Christian Doherty
Tax vacancies rose by 11% in London and the south east during Q1 of 2016, compared to the same period last year.
Kevin Reed discusses the week's news
Financial services continues to be profitable for consultants, generating £2.2bn in revenue last year