Deloitte win 2nd "Consultants Challenge"

The Young MCA this week attracted 12 teams comprising 120 consultants to compete in the 2nd "Consultants Challenge" - a fun inter-firm competition in aid of the charity "Depaul Trust"





Top-Consultant.com sponsored the event for the 2nd year running and £1,600 was raised for charity during the night. This year we brought along ten of our team to "strengthen" any other firms who were short of team members on the night. A big thank you from us to all the firms for welcoming us into their teams with open arms (and my apologies to the KPMG team at this point, to whom my only significant contribution was a series of bull's eyes on the rifle range!).

FINAL RESULTS

With Accenture having won last year's event, this year's was keenly contested and the top six teams at the end of the night were:

1st place -- Deloitte (aka "Glitter")
2nd place -- PwC (aka "Police")
3rd place -- Atos Consulting (aka "Bowler Hats")
4th place -- BT Global Consulting (aka "Blues Brothers")
5th place -- Turner & Townsend (aka "Straw Hats")
6th place -- PA Consulting (aka "Vikings")

* aka names signifying the style of hat the teams had to wear throughout the competition!
A fun night was had by all and our thanks go to Natalia and the rest of the team at the MCA for organising such a great event.
PHOTO GALLERY

Deloitte celebrate winning the trophy, flanked by honorary Top-Consultant team member Sacha Jackson

The KPMG team successfully identify 6 mystery cities, leading me to realise that gap years have moved on a fair bit since my days in the early 90s!

Tony Restell, Top-Consultant.com

Get your copy: Consulting supplement in today's Times newspaper

We've got a major consulting supplement appearing in today's Times newspaper. Looks like a good read for anyone wanting an update on trends and challenges in our industry.

You can get a free PDF of the supplement by clicking here

Happy reading!

Tony Restell
Top-Consultant.com

Last week was our annual recruiters' event in London, where we presented the latest recruitment trends to a packed house of management consultancy recruiters. The various findings (bonuses, pay rises, retention rates, candidate acquisition channels, etc.) will be reported in our newsletter over the coming month. But for now - for all those thinking of looking for a new career in consulting - I wanted to share with you just what a buoyant market this now is!

Based on data submitted by all the top consulting firms, we were able to calculate that to achieve revenue growth targets for the year, firms would need to hire the equivalent of 24% of their existing headcount over the coming 12 months. That's a phenomenal level of recruitment activity - and bodes well for anyone who's job-hunting in the next months.














As the chart shows, 18% revenue growth is expected in 2007 - a repeat of the growth seen in 2006. 7% of this revenue growth could come from an inflation of fee rates, but the rest needs to come from billing more days of consulting. With the top firms acknowledging they have no spare capacity at present, the rest of this growth (11%) has to come from bringing in new hires. Add to this the expected 13% staff churn rate for 2007 (up from 10.3% in the last year) and you have the 24% growth rate confirmed.

Exciting times for all you consulting candidates!

;-)

Tony