Seven-Eight years ago Accenture (then Andersen Consulting) focussed attention away from the domestic consulting business to focus on setting up the technology and outsourcing capabilities. Now things are coming back a full circle:
US based IT services company Accenture is expanding its management consulting capabilities in India to serve clients globally and support its clients in the domestic market. The company is planning on increasing the number of management consulting professionals worldwide. Accenture expects India to play a key role in that expansion, with up to 2,000 management-consulting professionals here by the end of its 2008 fiscal year.
“Expanding our management consulting capabilities in India will complement the capabilities we have in technology and outsourcing, benefiting both domestic clients in India and clients in other markets,” said Mark Foster, Accenture’s group chief executive–Management Consulting & Integrated Markets. “India has a talented workforce with strong intellectual and research and development capabilities that can benefit Accenture clients around the globe. We are actively recruiting management consultants, professionals with deep industry and functional expertise, and graduates of India’s top business schools.”
Good news I guess to many management consultants in India, and that means sleepless nights to their employers. However much will also depend on the quality of projects that Accenture is able to get from the domestic market. Would they focus on strategy consulting and change or will they focus on technology consulting, competing with IBM and HP who have a grip on that market.