| | By Mick James
...continued from page 15
Generally these consultants are absorbed into industry or join other consultancies. The sole practitioner route can be very hard until you have built up a track record of projects. Now the interim route offers another option.
“If you look at the market for professional managers, interim management started in the 1970s,” says McNeill. “We predict that what happened there will happen to consultants and | |
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| | there will be a take-off in the interim consultant market.”
How big this market will be is a chicken-and-egg kind of question, as at the moment many of the potential buyers of interim consultants will be unaware of the potential resource or how to access it. While this will become an increasingly accepted way of delivering change projects, McNeill is not predicting the end of traditional consultancy firms which will still continue to provide direction and assurance | |
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| | where clients need it.
“But if you’re doing a project where there is likely to be no comeback and the commercial risk is low, why pay the risk premium?” he asks. “Also, you find that the big firms don’t want to deal with one-man projects, whereas we’re pretty much exclusively dealing with one-man projects where it’s low risk and people just want a safe pair of hands.”
As well as continuing to develop the market for interim consulting, McNeill is now looking to grow the consulting arm, | |
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| | B2E Solutions, in conjunction with the network that has been developed by B2E Resourcing.
“If clients want us to take more responsibility for projects then we are more than happy to provide them with a partner,” he says. “We’re now looking to bring some partners into the consultancy business to grow that. Our resource pool is now so potent – we have 4,000 people on the books and no bench.”
There are an infinite number of ways to slice the consultancy cake, and | |
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| | clients are the ultimate beneficiaries of the variety of models on offer. At the moment clients are faced with a tough dilemma.
Reduced headcounts and pressure on resources means it is harder to deliver change projects internally, but at the same time all external budgets are under tight scrutiny. Could the interim model offer them a way out of this impasse? We shall watch its development with interest.
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