Current State of The Industry
Management consulting has grown quickly, with growth rates of the industry exceeding 20% in the 1980s and 1990s. As a business service, consulting remains highly cyclical and linked to overall economic conditions. The consulting industry shrank during the 2001-2003 period, but grew steadily until the recent economic downturn in 2009. Since then the market has stabilised.
Currently, there are three main types of consulting firms. Large, diversified organizations, Medium-sized management consultancies and boutique firms that have focused areas of consulting expertise in specific industries, functional areas, technologies, or regions of the world.
Read more about this topic: Management Consulting
Famous quotes containing the words current state of, current state, current, state and/or industry:
“Reputation runs behind the current state of affairs.”
—Mason Cooley (b. 1927)
“Reputation runs behind the current state of affairs.”
—Mason Cooley (b. 1927)
“But human experience is usually paradoxical, that means incongruous with the phrases of current talk or even current philosophy.”
—George Eliot [Mary Ann (or Marian)
“Along the highway, all but lost among blatant neon lights flashing ‘Whiskey’ and ‘Dance and Dine,’ are crudely daubed warnings erected by itinerant evangelists, announcing that ‘Jesus is soon coming,’ or exhorting the traveler to ‘prepare to meet thy God.’”
—For the State of Florida, U.S. public relief program (1935-1943)
“... we’re not out to benefit society, to remold existence, to make industry safe for anyone except ourselves, to give any small peoples except ourselves their rights. We’re not out for submerged tenths, we’re not going to suffer over how the other half lives. We’re out for Mary’s job and Luella’s art, and Barbara’s independence and the rest of our individual careers and desires.”
—Anne O’Hagan (1869–?)