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  • Growing demand for consulting services

    18October

    Growing demand for consulting services

    The modern development of world-wide management consulting is characterized by relatively high growth rates. According to the bulletin "Consultants News", since 1990, the average annual growth rate is 10%, and in leading firms, this indicator varies from 20 to 30%.

    The modern development of world-wide management consulting is characterized by relatively high growth rates. According to the bulletin "Consultants News", since 1990, the average annual growth rate is 10%, and in leading firms, this indicator varies from 20 to 30%.

    The business success of consulting is related to the complexity of managerial problems that arise in modern enterprises, and the uncertainty of the business environment, which leads to uncertainty of managers and makes them turn for help. The rapid progress of management consulting is also due to the lack of agreed standards (unlike such types of consulting as jurisprudence or accounting)

    Among the most important reasons for the rapid development of managerial counseling and the growth of demand for consulting services in the world market, we should mention the following:

    • the general tendency of globalization of business, which promotes demand for consulting services among transnational corporations seizing new markets, and among the newly established companies, who hope to be positioned on the world market;

    • Possibility to use the ideas and talent of the consultant as a competitive advantage in the market struggle;

    • the need to implement information technology, which can greatly improve the company's productivity.

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