10 Years of MC
October 1989:
PA Consulting announces a surge of new business taking total billings to over #25m.
July/August 1990:
Saatchi & Saatchi has nearly completed the sell off of its management consultancy business thanks to a continued acquisition spree at Bain.
January 1991:
The consultancy arms of accountancy firms should not be allowed to work for clients who are audited by staff from the same firm, according to a leaked Labour consultation document.
May 1992:
Outgoing audit commission controller Howard Davies has slammed a number of consultancy reports for local authorities as being nothing more than “hot air”.
January 1993:
Wessex Regional Health Authority was advised not to take legal action against Andersen Consulting and IBM over a #4.4m contract.
April 1994:
CMG confirmed that it is on course for flotation in the spring of 1995.
June 1995:
Computer Sciences is to snap up the consulting and software business of Lucas Industries.
April 1996:
Management Consultancies Association members recorded revenues of #1.25bn for 1995, a rise of 15 percent.
January 1997:
Alan Reid became new president of the MCA.
April 1998:
Fees earned by the UK’s management consultancies broke the #2bn barrier for the first time.