Consultants urged to be more proactive
The most important factors when buying management consultancy are knowledge transfer and new ideas, according to research from Partners for Change.
The most important factors when buying management consultancy are knowledge transfer and new ideas, according to research from Partners for Change.
Results showed that 66% of companies wanted a proactive and dynamic approach from their consultancy partner rather than traditional experience (15%).
Link: The Debate – Choosing consultancy services
The survey, carried out across a range of senior buyers of management consultancy who were using or looking to use external expertise, revealed that traditional methodologies and standalone project delivery was no longer relevant to today?s businesses.
It also found that 58% of businesses viewed knowledge transfer as one of the top five priorities from a consultant, while 57% of respondents put benefit-focused implementation as one of their top priorities.
Mark Williamson (pictured), part of the Partners for Change leadership team, said: ?Traditional management consultancy models are outdated and businesses are now looking for a fresh and modern approach.
?Organisations are now far more pragmatic when thinking about the long-term impact of using management consultants. They no longer want to outsource a project to a consultant and forget about it as they have realised the dependencies this can create.
?We?re delighted to see much more of a partnership approach emerging.?
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceGlobal spend on accountancy outsourcing up by 40% in the space of five years. News comes as accountancy outsourcing specialist AdvanceTrack reports en...
View articleFollowing a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...
View articleUK-based Dow Schofield Watts (DSW), a mid-market professional services network, announced the creation of a new division called DSW Principal Partners...
View articleEY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...
View articleTransitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...
View articleThis framework, while providing a top-line view, underscores the importance of strategic vision, operational excellence, and the spirit of continuous ...
View articleLooking ahead, the Big 4 firms face a challenging year, with ongoing cost-of-living concerns, slow economic growth, rising geopolitical tensions, and ...
View articleLast month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...
View article