Light at the end of the tunnel? I believe so and here is why...
Whilst Sequel Search is exclusively focused on Partner hires into the Consultancy sector, we have seen much more demand from our network of C-level execs, Strategy Directors and Transformation Directors, who work within large corporate firms, for in-house strategy and transformation talent over the last few months. Expedia, Diageo, BT, Brambles, Astellas, Visa, Centrica, DMGT, Primark are all examples of firms who have either recently hired or currently hiring for fairly senior strategy roles.
This is normally an indicator that strategic initiatives and transformation programmes are starting to move again after what has been a fairly dry period. When these internal teams start to get busy, the Consultancy sector is then positively impacted. This, combined with significantly busier PE deal flow, should be a clear sign for Consultancy firms that there is light at the end of the tunnel and it's appearing fairly rapidly.
Most Partners in Consulting firms fully agree that momentum is building and benches are emptying. Most of my competitors who serve the Consultancy sector are starting to have good months, good quarters in what has been a generally dire time for these firms over the last 18 months. Some of my clients have even started to hire Consultants and Senior Consultants again. All of the indicators are there.
The talent market however has not yet fully caught up with the quiet progress that is being made in market confidence, so it is still very possible for Consulting firms to find top class talent in a supply heavy environment before the market completely wakes up.
My advice to Consulting firms? Don't be left behind, it's time to start re/building.
Feel free to reach out for a discussion on the above but please note, I don't work in the Corporate space, nor can I assist non-Partner level Consulting talent.
paul@sequelsearch.com
#strategy #transformation #consultancy #partnerhires
Executive Chairman at LinkedSuperPowers Group | Board Member | Social Media & PR Strategist | International Bestselling Author | 5 Million + Social Media Followers
1moCongratulations on the addition of Michelle Robinson and David Zevenbergen to the Canopy network! Their extensive experience in business strategy and transformative change is sure to bring valuable insights and drive growth. It's fascinating to see how fractional employment is shaping the future of talent management. Looking forward to seeing the impact they will make!