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1、THEVAULTGUIDETOTHETOP25CONSULTINGFIRMS2009EuropeanEditionismadepossiblethroughthegeneroussupportofthefollowingsponsors:ClickhereformoreClickhereformoreinformationinformationBusinessSchoolClickhereformoreClickhereformoreinformationinformationClickhereformoreCl
2、ickhereformoreinformationinformationClickhereformoreinformationcareerlibraryTHESTATEOFEUROPEANCONSULTINGheyear2007wasayearofsharpcontrastsfortheglobalconsultingindustry.Forthefirsthalfoftheyear,atleast,itwasBigBusinessasusual:BoomingmarketsTandhealthyprofitli
3、nesencouragedcompaniestostrengthentheiroperationsbyinvestinginadvisoryservices.WithintheUKandIreland,Europe’slargestconsultingmarkets,thefinancialservices,utilitiesandconsumergoodsindustriespropelleddemand;acrossthecontinent,thesolidperformanceoftheenergy,man
4、ufacturing,telecomsandutilitiessectorsalsocontributedtoaproliferationofengagements.A2007reportfromtheManagementConsultanciesAssociation(MCA)indicatesthatmanagementconsultingrevenueamongUKfirms—whichrepresents27percentoftheEuropeanmarket—climbed10percentto£8.5
5、billion,aratematchedbythecontinentatlarge.TelecomsandtransportationledthewayinGermany,whichaccountsforaboutone-thirdofEurope’sconsultingindustry.France’sconsultingmarket,Europe’sthirdlargest,broughtin€10.6billioninrevenuein2007,withdemandfromthepublicsector,a
6、swellasincreasedM&Aactivity,keepingconsultantsbustling.Globally,consultinggrowthratesarepredictedtorise5to10percentannuallythrough2010.StormyweatherThoughbusinesswasstrongthroughoutmostof2007,bythethirdfiscalquarter,itwasobviousthatastormhovered—anditsoontouc
7、heddown.Asyearsofdubiouslendingpoliciescametoanabruptanddisastrous“Growthin2007was“head,industriesacrossthelargelyspurredbythespectrumsufferedandfinancialservicesindustry.consequentlyreinedintheirstrategyspending.Engagementsdroppedoffswiftly.Recallingthe2001e
8、conomicdownturn,aslumpthattooktheconsultingindustrythreeyearstorecoverfrom,analyststheorisedthatconsultanciesshouldhunkerdownforleantimes.Despiteuncertaintyonthecourseoftheeconomy,theEuro
