When polled at the beginning of the year, consultants reported great confidence in top- and bottom-line growth for 2011. However, a more thorough analysis of the marketplace suggests cautious optimism may be warranted. That's the sobering and insightful perspective of Kelly Matthews, Senior Director of Research for Kennedy Consulting Research & Advisory. Her conversation with Consulting's One-on-One is a sneak peak into her upcoming presentation at Consulting magazine's Consulting Summit in Chicago on May 5.
Consulting: How would you describe the current state of the consulting marketplace?
Matthews: As of Q1 2011, we're in a growth mode. Client companies are facing strong pressure from competitors as they pursue a growth agenda, so clients are looking for consulting help to enable global, cross-functional transformations within their business — from their business and operating models, to the infrastructure that supports their operations — in order to facilitate and accelerate growth. We anticipate much of the growth will need to come through capturing competitor market share and emerging market economic growth.
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