October 2, 2014
Earlier this week, Huron announced their intention to acquire Threshold Consulting, Florida-based consultancy offering data warehouse development, management, and OLAP solutions. That makes Huron’s third acquisition this year. They also acquired Vonlay and The Frankel Group earlier this year. Clearly a company on the move!
This year’s consulting activity, which I outlined in an August report, got me thinking about the relative lack of attrition that we have seen in the wake of these transactions. As a recruiter, I remember how excited our team got when we heard the announcements of EDS’s acquisition of AT Kearney, IBM’s acquisition of PwC, and Cap Gemini’s acquisition of Ernst & Young to name a few. Granted, these were larger transactions, but it still seems that consulting firms have gotten better at integrating their new additions.
It would be great to hear an insider’s view, so if you have been involved in one of these transactions, please share your experiences!
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Last week, Universum released it’s list of the 50 Ideal Employers in business. Four global consulting firms; Ernst & Young, PwC, KPMG and Deloitte, took the second through fifth spots respectively.
Wow! That puts these companies above a lot of blue chip firms in finance, technology and even two consulting firms considered the most prestigious in the world, McKinsey and BCG.
Petter Nylander, CEO of Universum, noted that the the top consulting firms, “truly understand the need for a strong company culture, training and development, and other attributes business students are looking for, and invest in providing these things to their employees.”
September 18, 2014
Consulting Magazine published its annual list of the Best Firms to Work For and the Best Small Firms to Work For this week. The top spot went to BCG, while Bain fell off the list entirely. Ernst and Young is one of the new entries in the top 15. Check out 2013’s list versus this year’s:
The 2013 Best Firms to Work For
1. Bain & Company
2. The Boston Consulting Group
3. North Highland
4. Point B
5. Slalom Consulting
6. Carlisle & Gallagher Consulting Group
8. Deloitte Consulting
9. Kurt Salmon
10. West Monroe Partners
11. Alvarez & Marsal
13. Huron Consulting
14. A.T. Kearney
The 2014 Best Firms to Work For
1. The Boston Consulting Group
2. Point B
3. Slalom Consulting
4. Carlisle & Gallagher Consulting Group
5. North Highland
7. West Monroe Partners
8. Deloitte Consulting
9. Ernst & Young
10. Kurt Salmon
11. Huron Consulting
September 16, 2014
If you have ever watched an episode of Law and Order, you will have heard something about “a one way ticket to Rikers.” Rikers Island is the name the largest correctional facility run by the City of New York. It has a budget of $860 million a year, a staff of 9,000 officers and 1,500 civilians to control an inmate population of 12,300. according to Wikipedia. It was rated one of the 10 worst prisons in the country by Mother Jones Magazine.
While it’s not hard to believe that any jail would come under fire for the way it treats its inmates, I was surprise to read that a strategy consulting firm would be engaged to study the problem. What do you think of New York CIty’s choice to hire McKinsey?
Here’s an article in the NY Post, The shame of Rikers by Post Editorial Board