Consulting in 2003, Areas of Growth

Polling ~ 1,500 management consultants, the results provide the clearest indication yet that the sector should experience a modest recovery this year. Over 75% of respondents believe that 2003 will be characterised by stability or growth in revenues, whilst only 24% believed there would be any further headcount reductions at their firm. Perhaps unsurprisingly, consultants at niche and medium-sized firms are considerably more bullish than their large firm counterparts - both in terms of overall growth expectations and also headcount growth.

Therefore it looks like the market is going to trust the smaller niche players more and more. Good news for people like us !