| Insights from the Consultancy Careers Fair suggest sector is still growing apace
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| | The credit wobble of recent months may have given us reason to fear for the health of the economy, but whilst this has hit the financial sector pretty hard it has so far had little impact on the consulting sector. This is the key conclusion to emerge from our whistlestop tour of consulting firms exhibiting at the Consultancy Careers Fair on 12th October – and the feedback received since.
“The major brand names are continuing to recruit significant numbers of new staff and are reporting heady hiring targets for 2008, in spite of recent concerns about a credit crunch,” commented Top-Consultant director Tony Restell.
“A few with heavy exposure to the financial sector are monitoring the situation closely – and strategy practices that have been doing a lot of work with private equity clients have clearly suffered a slowdown in project wins; but for the majority of firms it’s very much business as usual – and the clamour to attract new hires is showing no signs of diminishing outside of the FS practice areas,” he added.
Ten leading consulting brands gave presentations at the Consultancy Careers Fair on 12th October that reinforced the | |
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The Lausanne Consulting Group participated again this year and commented: “We had hundreds of visits to our stand, including not only candidates who came to pre-arranged personal interviews with us, but also candidates who discovered us at the event.” The spokesman added: “As a result of the event we have selected excellent candidates to be part of our recruitment processes and have created alliances with business schools.”
Nimisha Overton, marketing manager at Selecture, commented: “The publicity for this event was excellent – we found ourselves talking to people who had travelled from Europe specifically to attend. There was a great mix of individuals, ranging from newly qualified students right up to director level, with varying skills that could be transferred to a very prosperous role in consultancy.”
Selecture also observed that its attendance at the Careers Fair was complemented by its ongoing presence on the Top-Consultant site: “Due to our job advertising on Top-Consultant, it seemed that everybody that we spoke to was aware of our brand and wanted to come and find out what we had to offer. We obtained some | |
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| | excellent CVs that have been put forward for interviews and also put faces to the names of some of our clients.”
Attendees at this year’s fair had the chance to meet three of the “Big Four” accountancy firms – Deloitte, Ernst & Young and KPMG; many of the world’s leading consulting brands such as Accenture, Atos Consulting, BT and IBM; plus a diverse range of exciting niche firms like Capco, Curzon, Detica, expw: consulting and Troika.
The organisations were represented by 500+ members of staff, comprising a mixture of HR and practising consultants, giving candidates a wide range of people to talk to at each of the exhibiting stands.
The final exhibitor list comprised:
Accenture
ActionCOACH Business Coaching
Amdocs Consulting
Analysys Mason Group
AppLabs
Arup
Atkins
Atos Consulting
Auditel
Axon
Beament Leslie Thomas (BLT)
BT Global Consulting
buyingTeam
Capco
Citihub
Cognizant
Consulting Point
Convergys
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Curzon & Company
Deloitte
Detica
EM Consulting
Ernst & Young
expw: consulting
FreshMinds
Goodman Masson
Hay Group
Hedra
Hitachi Consulting
IBM
Institute of Business Consulting (IBC)
KPMG
Lausanne Consulting Group
Management Consultancies Association
Michael Warwick Nicholls (MWN)
Mindbench
Morse
Mott MacDonald
Oracle
Parson Consulting
PCubed
Project One Consulting
Proudfoot Consulting
PRTM
Qedis
Selecture
Siemens
SQS Group
TATA Consultancy Services
TDX Group
Tefen
The Berkeley Partnership
The Lamberhurst Corporation
The Structure Group
Top-Consultant.com
Troika
Vault
Woodhurst
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| | perception that hiring is still continuing apace. Recordings of these presentations are now available to watch online.
In addition, the Management Consultancies Association – the UK industry body – shared the latest trend data for the UK’s consulting sector and these insights are also available to readers.
Recordings of the presentations by Accenture, Amdocs Consulting, Atkins Management Consultants, Atos Consulting, BT Global Consulting, Ernst & Young, Hedra Plc, IBM, the Management Consultancies Association, PCubed and TATA Consultancy Services can be accessed by visiting: top-consultant.com
Positive feedback
Exhibitor feedback also suggests that a significant number of hires will result from the fair. The overwhelming feeling was that the quality of candidates far surpassed that seen at the 2006 event. The impressive number of hires made in 2006 should correspondingly increase this year, though it’s too early to tell who will gain most from exhibiting at the fair. | |
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