One of the upsides to the downturn is that recruiting top talent is far easier and more cost effective than during a more positive economic swing. That's certainly the experience of Nathaniel Greene, CEO of Stroud Consulting, a soon-to-be 60-person operations management firm and Consulting magazine's Best Small Firm to Work For in 2008. He is on pace to grow his firm's headcount by 20 percent and expects to add staff at about that pace next year. Consulting's One-on-One sat down with Greene to discuss the advantages to hiring in today's economy.
Consulting: Most firms are finding themselves overstaffed, how do you find yourself with the opposite problem?
Greene: Stroud is growing. Our business is doing well. I hired two experienced people in the last six weeks and five more are joining us this summer. If we look at the spectrum of consulting firms across the profession, there is a lot of great talent available. A lot of large and small firms are cutting back. They tend to move with the market and the consulting market is down. Niche firms such as Stroud are doing well as the demand for our services remains strong in a downturn. Consulting: How do today's candidates compare to the level of talent you were interviewing during better economic times?
To continue reading, become an ALM digital reader
Benefits include:
- Authoritative and broad coverage of the business of consulting
- Industry-leading awards programs like Best Firms to Work For, Global Leades and Rising Stars
- An informative newsletter that goes into the trends shaping the industry
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
