| | By Mick James
When I heard on the BBC that the UK economy had “come to a standstill”, I immediately rushed into the street to have a look at all the abandoned shops and factories. I was disappointed, however, because all that had happened was that growth had dropped to precisely 0% which is not quite the same thing. What does this mean? Compulsory calculus lessons are clearly a priority but on the other hand it’s clear that things only need to get a little worse this quarter for us to actually, really, finally, truly, madly and deeply be in the recession that’s been predicted for so long.
This will be an interesting time for the new breed of consultancy that we’ve been following for so long in these columns, that itself sprang from the turmoil the consultancy industry experienced five or so years ago. These firms have known little else but growth since they began – how will they react to a downturn?
Vipul Kapadia is a founder and director of Qedis, a consultancy that in many ways epitomises this modern trend. Formed by a group | |
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| | principal or partner level.
“It’s possible that a more experienced senior person, someone who is maybe a year away from promotion, would be thinking twice about moving,” he says. He is wary, however, of stating the exact job titles he is looking for, because “our industry grading system is becoming increasingly useless in understanding where someone is in their career and their potential value to the business. A lot of people have partner or director status but they’re just good managers rather than consultants – it’s possible to have the title and it not mean anything. That’s our biggest recruitment challenge.”
Performance management has also become an issue as the company has outgrown its smaller, more intimate past. “You can’t have everyone in a company be exceptional, and with greater scale and diversity you can’t know everyone personally,” he says.
The response has been to invest massive amounts of time in getting feedback from clients and each other – sometimes not easy to encourage when consulting staff have | |
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| | come in from highly partner-dominated cultures. “It creates a huge amount of extra overhead but we see it as a valuable thing,” says Kapadia.
Another key change has been subtly realigning the firm to react to what it sees as changes in the way the role of its key audience – CIOs – is evolving.
“IT organisations, in terms of headcount, are getting smaller,” says Kapadia. “But that’s because IT people are getting embedded in other parts of the business. So, the question is how to make those people successful. For the CIO or IT director the biggest challenge is now how to develop a team, rather than how to improve systems and processes.”
As a result Qedis is positioned less and less to do purely technical projects. “We don’t want to be in that space with Wipro, Accenture and TCS, we want to compete for client relationships rather than the ability to deliver and execute technology,” says Kapadia. “It’s the only way to provide our people with meaningful careers over a long period.”
The firm has launched a new service, called Aspire, which is all about what it takes to | |
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| | be successful as a “new generation” CIO, and which recognises that very often the CIO role is being taken by non-technical people.
“The old-school IT directors know their days are numbered,” he says. “We’re interested in meeting the ones that know that and want to change.”
Kapadia believes that Qedis needs to grow from its current headcount of 75 to 120 to get to critical mass and become self-sustaining. “We have to grow to allow the promotions to happen, in order to create those sustainable careers and keep the spirit and pace we have at Qedis,” says Kapadia.
With market shares that can only be measured in a fraction of a percentage, firms like Qedis have the potential to defy business cycles and build businesses that are successful because they rest on long-term relationships rather than short-term exuberance. Firms like these, and others I’ve profiled over the years, have contributed to making the UK consultancy industry a more diverse and exciting place and, hopefully, that will continue to be the case for a long time to come. | |
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