| Just what are these small start-up consultancies doing right? |
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| | If we picture ourselves in the year 2010, looking back on the last decade of developments in the consulting market, there are a number of trends that are bound to stand out. Major rebrandings, the split of accounting / consulting businesses and the the ferocious M&A activity in the sector are all likely to be looked upon as major changes that transformed the sector.
But arguably no change will be more dramatic than the rise of small start-up consultancies.
As February's edition of Consulting Times revealed, there are dozens of consulting businesses that have sprung up in the last 3 years - and many of them are really making a mark and winning contracts at the expense of many of | |
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| | Day 1, making a fast & positive difference to their business, at both the top- & bottom-line."
"We focus exclusively on consumer markets, where companies are feeling pressurised by their retail customers, with up to 40% of revenue now being spent on trading terms & promotions, & funds for innovation & marketing being squeezed"
"We come in & both help our clients spend their money more wisely with their customers, & also identify immediate cost savings which they can either use to create new business or boost their profit line"
This approach has allowed Commercial Advantage to build up a client list that includes 3 of the top 6 global consumer products | |
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| | companies and they find themselves very much in-demand at industry conferences and regularly quoted in industry journals like 'The Grocer'.
Looking forward, Commercial Advantage are expecting another year of strong growth. Bocci commented:
"We expect to triple in size over this year as a whole. With fifteen people now, we're looking for ten more immediately, covering both commercial experts & commercially-minded project managers to meet client demand."
Their story echoes that of public sector consultancy specialists Avail. In their first year they too grew from the two founders - Martin Wilson and Robert Garner - to twenty five | |
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| | consultants and won many prestigious client contracts with the likes of the Department of Health, the Metropolitan Police Service, the Foreign & Commonwealth Office and GCHQ. Public sector clients too seem to value the different service offering of a smaller niche firm.
Returning to our opening question - Just what are these small start-up consultancies doing right? - no-one really seems to know. Is it that these firms bring the best out of their employees? Is it that they show more hunger when dealing with clients? Is it that niche focus gives them an added credibility? Perhaps looking back in 2010 we'll have the answer...
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| | the best-known consulting brands. So just what are these small start-up consultancies doing right?
Commercial Advantage Consulting is one of the firms to have featured in the Consulting Times league table of fast-growing start-ups. When asked what's making them one of the most talked about consultancies in the consumer goods market, CEO Aidan Bocci revealed it's the niche focus that's appealing to clients:
"(We've achieved that) By doing what our clients call 'real stuff' from | |
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