Management Consulting: a growing sector


The Financial Times today contains a special insert dedicated to the Business Consulting; it has caught my attention an article entitled "International experience is higly prized", which I summarize in the following.
What I briefly want to express is the consideration that the business competition is based, especially in times of crisis like the present, not so much and not only on the quality of the products offered, but also on the ability to identify those benefits (trade, geographic, advertising, marketing, strategic) that may assist in differentiating the market and that often the entrepreneurs (and I speak especially of small and medium-sized enterprises) do not have the ability or capacity to predict. This is a job that cannot be improvised, but it is essential to exploit the increasingly meager room for growth, and in many cases in order to survive until better times.
So I am particularly pleased to have the opportunity to comment a report of this kind.
The field of management consulting, FT says, is going against the trend of the global economy. After the market downturn of 2009, which had resulted in the first six months of that year to a 2% reduction in demand for services, the first half of 2011 led to an increase of  11% of the industry of management consulting .  It believes that exactly the problems of the global economy have led to this success; in particular, the current economic changes have made companies aware they will need help to manage and exploit them.
Mainly supported the request for advice in financial services and manufacturing : the MCA (Management Consultancies Association, the UK, an association that brings together 50 companies active in the management consulting, accounting for 70% of the sector in the United Kingdom), estimated as 71% and 63% of its members have increased, respectively, the demand for these types of services. There are surely concerns about how the work may evolve in the future, with the prospect that many small consulting firms do not stand to stay on the market.
However the current reality also speaks of a growing industry with regard to job prospects. Consultancy firms are operating at full capacity, and they need additional staff particularly qualified. But the search begins, as the title of the article, to give priority to applicants who have international experience as well as a combination of industry  and consulting experience. The FT explains such development to the fact  that the consulting firm (in this case English) are also beginning to look to foreign markets (though four years ago 10% were active abroad, now this percentage has risen to 50%), and that entrepreneurs are increasingly asking to have consultants service them locally rather, as the article suggests, "fly in from London."

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