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Key Trends in 2019 for the Consulting Industry

by Patty Wood on Jan 17, 2019 6:14:33 AM

A review of expert forecasts for the management consulting industry in 2019

Widespread changes are occurring in the management consulting industry. Various analysts and surveys have highlighted the trends that are affecting all aspects of the industry. These trends include changes in business models, billing structures, skill sets and the selection of consultants. Below is a review of the forces set to reshape consulting in 2019. 

Topics: corporate intelligence, Consulting Industry, Consulting Trends, consulting, professional services consulting, 2019

Finding Agility in Microconsulting Services

by Patty Wood on Mar 20, 2018 11:54:15 AM

Reasons behind the rise of  microconsutling engagements 

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The term “microconsulting” is defined as consulting work done by an expert who has deep knowledge of a given subject and can provide that expertise for a short-term project within a reasonable budget. Quite often these microconsulting projects can be as short term as months, weeks, or even days. The work is often performed by freelance professionals who may obtain projects through online marketplaces where clients post their projects. These freelancers can then explain and elaborate upon their expertise in order to be potentially matched with the client. Larger, established consulting firms are also increasingly offering these short term “microprojects” in order to cater to clients’ varying needs.

Topics: corporate intelligence, Consulting Industry, Consulting Trends, consulting, professional services consulting, microconsulting

Disruption within the Consulting Industry

by Patty Wood on Feb 26, 2018 10:04:59 AM

How is disruption affecting the disruption experts?

Diverse innovations and cultural trends are affecting the consulting industry. Like many sectors, it is facing upheaval from such changes, standing on the cusp of its own disruption. Upstarts are offering business models that are challenging even the most well-established consulting firms. Often, these larger firms are countering these startups with their own innovative, flexible offerings to clients; yet lesser established consultants lack information resources to match the major firms. One irony remains: consultants advise other organizations on the same disruptors affecting the consulting industry. Who will consult with the consultants?

Topics: corporate intelligence, Consulting Industry, Consulting Trends, consulting, professional services consulting, 2018, disruption

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