Consultancy Newsletter – March 2019

Author: Don Leslie, Management Consultancy Careers Strategist (www.donleslie.uk)

Digital and technology advice and business transformation and strategy advisory are the key areas where business leaders say they will most need most help, according to a new survey conducted by the MCA, the Management Consultancies Association. https://www.mca.org.uk/news/press-releases/top-uk-business-leaders-say-digital-and-technology-challenges-will-be-the-number-one-priority/

Latest salary survey: US website ManagementConsulted has compiled a list of salaries offered by over 40 strategy and management consulting firms to MBAs and PhDs, as well as undergraduates and interns. It covers some 10 countries, but is heavily North American-centric.   https://managementconsulted.com/consulting-jobs/2019-management-consulting-salaries-for-undergraduates-mbas-phds-interns/

Consultancy intelligence firm Source Global Research has issued its latest report on the UK consulting market. 2018 saw growth of 5.6% – quite respectable – although predictions for 2019 suggest a “bumpy ride”. https://reports.sourceglobalresearch.com/report/download/5002/extract/The-UK-Consulting-Market-in-2019

PwC Scotland have announced plans to recruit 120 staff into their Aberdeen, Edinburgh and Glasgow offices. https://www.energyvoice.com/other-news/191401/pwc-to-hire-120-new-staff-this-year/  The digital economy requires consultants in, amongst others, data analytics, AI, VR and drone technology. PwC’s careers site says an MBA is valued but not essential.

Organisational change consultants Q5 Partners have added a Leeds office to their current network of London, New York, Sydney, Melbourne and Hong Konghttps://www.q5partners.com/news  I didn’t see any roles listed in Leeds yet, but there is an ad for graduate interns in London.

EY Strategy, which offers services including strategic planning, merger integration strategy and digital strategy services,  has appointed a new partner in London, http://www.cityam.com/272802/city-moves-6-february-whos-switching-jobs-browne-jacobson and Boston Consulting Group has a new managing director for its operations/procurement/supply chain consultancy subsidiary Inverto. New senior appointments can mean hiring is in the offing…  https://www.inverto.com/en/publikationen/bcgs-inverto-announces-new-managing-director/

Website Consulting.uk has been analysing the The Sunday Times/Virgin Atlantic Fast Track 100  listings of the fastest growing UK companies. Three consultancies feature: energy and waste consultancy Sustainable Advantage, sustainability consultancy Anthesis Group, and financial services consultancy JDX. https://www.consultancy.uk/news/20387/sustainable-advantage-anthesis-and-jdx-recognised-for-fast-growth  Another firm targeting City clients is Catalyst Development, which is moving to a larger London office to accommodate its 100+ staff.  https://www.catalyst.co.uk/news/catalyst-expands-city-headquarters/

Life Sciences consulting: two thought pieces on the sector from Deloitte about digital transformation https://www2.deloitte.com/global/en/pages/life-sciences-and-healthcare/articles/global-life-sciences-sector-outlook.html and  PA Consulting on AI https://www.paconsulting.com/newsroom/expert-opinion/clinical-leader-6-ways-ai-is-transforming-life-sciences-31-january-2019/

Previous newsletters http://www.donleslie.uk/whats-going-on-in-consultancy-january-2018/  have mentioned the expansion of consulting firms into the legal field. KPMG is the latest player in the sector, opening a new Global Legal service line https://home.kpmg/xx/en/home/media/press-releases/2019/02/kpmg-global-legal-services-reports-record-growth.html to offer integrated legal advice and technology-led solutions and methodologies.

So you want to be a project management consultant? Here’s the inside info: https://www.projectmanager.com/training/advice-for-project-management-consultant

Generation Z, brands and retailing: OC&C’s perspective.  http://perspectives.occstrategy.com/

How Accenture is using VR in recruitment: https://www.consultancy.uk/news/20232/graduates-to-be-tested-with-vr-during-accenture-uk-recruitment-process

Students who successfully negotiated recruitment rounds earlier in the academic year are receiving offers…sometimes more than one. Here’s a blog I wrote last year about handling multiple offers: http://www.donleslie.uk/newsletter/page/5/  And another piece, more current, for students who haven’t been so lucky. http://www.donleslie.uk/missed-out-on-a-consulting-offer-dont-despair/ Try again next year.

This month’s success story comes from an MBA 2018 from a Scottish business school who joined Accenture. “The more I interviewed, the more I realised that they [the interviewers] were interested in me as a person, rather than my technical skills.  In your session you told us to have anecdotes to share about our hobbies, interests and achievements. I think that helped them see beyond my exam results and work experience.”