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Milkround recruiting looks set for a five year high
 
 Management Consultancy
milkround recruitment
volumes look set to hit
five-year highs this
year, bringing to an end
a period that has been
characterised by anaemic
graduate intakes.
   The change comes as
consultancies battle
with an imbalance in the
demand and supply for
experienced hires – and,
in particular, a
shortage of junior staff
with just one to two
years’ experience.
   Looking back, the
last three years have
been a turbulent time
for graduate
recruitment. The
 
  
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 just that - creating a
glut of new joiners the
following year with a
knock-on effect on
graduate recruitment
targets in subsequent
years.
   Fortunately, much
like a Premier League
football club,
consultancies know that
many of their future
stars will be home
grown. While some can be
poached from the
competition, by far the
biggest source of future
big-hitters will come
from within the firm’s
own ranks. With the
industry having returned
to more buoyant times,
 
 the tables have now
turned and milkround
recruiting is today very
much back on the agenda
as a resourcing
priority.
   Commenting on the
change,
Top-Consultant.com
Director Tony Restell
noted:“The 2002-2004
period was a sombre time
for new graduates
looking to enter the
consulting profession,
particularly in the most
appealing area of
strategy consulting. The
2005 market is looking
much more encouraging.
Consulting firms’
clients are demanding
 
 more experienced
personnel on their
consulting engagement
teams – which means
graduate recruiting will
not be as buoyant as it
was back in 2000. But
levels have picked up
markedly from 2002-2004
and graduates entering
the profession in the
next year can expect a
couple of years of
strong growth and,
therefore, promotion
prospects with their new
employer.”
  
  
 
 unexpected downturn in
the consulting sector
led firms to encourage
graduates to opt for
deferred entry so as to
limit the number of new
joiners they had on
their books. Many did
 
 
FTI Consulting enters growing UK interim leadership industry
 
 FTI Palladium Partners,
FTI Consulting’s interim
leadership arm, is to
build on the growth in
demand in Europe for its
services by expanding
its network to London.
The UK practice is to be
headed by Mark Palios,
former chief executive
of The Football
Association in the UK,
who has over 20 years’
experience in the
turnaround industry.
 
    FTI PP was
established two years
ago to provide a sole
focus on interim
leadership. This was
largely in response to a
shift in the growing
international
marketplace for
turnaround skills. This
is a market which was
once driven solely by
demand from the large
banks in their
traditional position as
 
 lenders. Now,
increasingly in the US
and Europe, demand is
being driven by
international players in
private equity and
distressed fund groups
requiring assistance
with various investments
in portfolios.
   Palios has a mandate
to build the practice in
the UK by developing a
cadre of top
professionals to provide
 
 leadership for
companies. This team
will be responsible for
analysing, devising and,
most importantly,
implementing credible
restructuring plans to
deliver long-term
viability.
   Prior to his position
as chief executive at
the FA, Palios was UK
leader for Business
Regeneration at
PricewaterhouseCoopers
 
 (PwC) where he developed
that firm’s approach to
corporate turnaround and
pioneered the
development of executive
leadership. While at
PwC, he worked with
several other PwC
Business Restructuring
Services partners who
joined FTI in the US in
August 2002.
  
  
 
 
Transatlantic partnership for Corven
 
 The UK office of Corven
Consulting and
Boston-based Cambridge
Leadership Associates
(CLA) have partnered to
provide joint
pan-European consultancy
services for public and
private organisations
seeking to develop
greater capacity for
 
 leading and adapting to
change.
   CLA’s methodology,
called Adaptive
Leadership, stems from
the work of Ronald A
Heifetz, a professor at
Harvard University’s
John F. Kennedy School
of Government and author
of Leadership Without
 
 Easy Answers. In 2002,
Heifetz co-authored the
best selling Leadership
on the Line with fellow
Harvard professor Marty
Linsky. The tremendous
response to this book
led to the founding of
CLA, which applies the
principles of Adaptive
Leadership to
 
 commercial, government
and educational
institutions globally.
   Adaptive Leadership
helps individuals
throughout an
organization - not just
senior executives - deal
directly with the value
conflicts, personal and
system dynamics,
 
 resistance and turmoil
that are inevitable in
achieving meaningful
change. CLA is currently
engaged by South
Ayrshire Council in the
UK.
  
  
 
 
Capgemini appoints North American general manager
 
  
   
 
 
 
 
 
 
 
 American chairman Pierre
Danon, Salil Parekh has
been appointed general
manager of Capgemini
North America Project
and Consulting business.
He has also joined the
Group’s Executive
Committee.
   In his previous role
 
 as chief operating
officer, Parekh
implemented and drove
the restructuring of
Capgemini’s North
American operating model
towards eight business
units with a very strong
regional focus. Parekh’s
primary mission in his
 
 new role will be to lead
further the recovery of
Consulting and
Technology Services.
   Parekh, who has been
with the Capgemini Group
for 13 years, joined the
North America subsidiary
in March 2005 as chief
operating officer. Prior
 
 to that, he was global
leader of Technology
Services, CEO of
Capgemini India and
deputy COO of Capgemini
Asia Pacific.
  
  
 
 Following the departure
of COO and North
 
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