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| | colleagues missed the Andersen culture when the practice merged with Deloitte. “A lot of the way we’ve grown and developed as a company has been influenced by the things we liked at Andersen.”
Qedis spends a lot time working on its culture, building a tightly knit community of consultants, in an effort to combine all the attractions of a career in consultancy without the downsides that sometimes come with large organisations.
“We liked the variety of work, the challenges, but not all the career management that comes with working for such a large organisation,” says Vipul Kapadia. “That’s such a diversion from the really important thing, working with clients,”
This also means staying relatively small, while still hitting quite ambitious growth targets in the early years.
“You don’t need to be huge any more, says Kapadia, adding that these days even FTSE 350 clients are much more willing to speak to smaller consultancies.
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| | the big firms have control of these big projects anymore,” he says. “They look at us and see that we can come on board and sit on their side of the table. They know we haven’t got an ulterior motive to sell in 20, 30 or 40 other people–because we haven’t got them.”
Qedis' growth plans were give a major boost by a big win with the First transport group, helping them develop their internal project management capability. Although this was a big project, First were so impressed with Qedis they were prepared to wait for them to recruit the necessary consultants for the project.
Because Qedis initially grew through personal networks, it is an unusually tightly-knit consultancy:
“Most people at are close outside Qedis," says Kapadia. “We make sure we all get together at least once a quarter, it’s very much a community. Of course where that bites is in an economic downturn—if you have to slim down by five or ten per cent it hurts a lot more. | |
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| | Buffering ourselves against that is very much a management priority.”
Qedis has now grown to 30 people, and is even hiring graduates at a time when many larger consultancies are restricting themselves to experienced hires.
“We hired two graduates in our second year plus two experienced people who wanted to move into consultancy at the lowest rung and work their way up.”
Kapadia says that company has now made the decision to deliberately move outside the ”gene pool” of personal networks:
“We were worried that it might become a bit sterile, that there would be too many of us thinking the same way, he says. “That’s a much bigger challenge, as it’s difficult for new people to penetrate this group who all know each other quite well.”
One interesting innovation Qedis has adopted is to give everyone in the company an internal role, known as an “initiative”.
“I look after talent—scheduling rewards and | |
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| | remuneration,” says Vipaul. ”Someone else looks after remuneration, we have someone who manages recruitment agencies and the training spend. One of our MBAs is developing our year three business plan.”
Qedis also has an advisory board—a sort of quasi-non-exec arrangement with “industry heavyweights” who advise on Qedis’s progress every quarter.
“They’re helping us as a young organisation, with things like the business plan,” says Vipaul. “Their insight into things like the long-term business cycle is very useful—we probably don’t use them enough.”
Qedis are an example of a new wave of consultancies that are not only doing well for themselves but refreshing the whole industry with new and creative ways of working. As innovation and talent spreads beyond the "Big Four", the challenge for clients will be how to track these new consultancies down and then cope with the diversity and choice they offer. | |
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