Independent Consultant The Real Goal of Your Consulting Business
The Independent Consulting Economy - PRWebww1.prweb.com/prfiles/2017/12/19/15028552/BTG_The...
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The top goal for consumer goods companies was finding and evaluating new growth avenues. Market oppounity and growth (23%) Sttegy and planning (20%) Project and progm management (10%) Tnsformations (10%) Ops and peormance improvement (10%) Organizational effectiveness (10%) Other (17%) PROJECT TYPES MOST NEEDED SKILLSETS IN CONSUMER GOODS Today’s consumer goods companies run lean. They turn to independents when they need experienced project and progm management or expeise in unmiliar markets and niches. Projects nged from supply chain optimization to pricing, business analytics to bnd sttegy. Growth Sttegy Market Landscape Big Data Platforms 1 2 3 Marketing Sttegy 4 5 Industrial companies looked for ways to pull ahead of slow-growth and turbulent markets. Market oppounity and growth (29%) Sttegy and planning (17%) Tnsformations (17%) Ops and peormance improvement (9%) Mergers and acquisitions (8%) Other (20%) PROJECT TYPES MOST NEEDED SKILLSETS IN INDUSTRIAL GOODS With complicated supply chains and zor-thin margins, industrial companies turn to independents when they need to combine cutting-edge skills with hands-on indust experience. Projects nged from business analytics to business process tnsformation, from panership sttegies to customer journey mapping. Growth Sttegy Salesforce Effectiveness Big Data Platforms 1 2 3 Retail companies looked for new ways to reach customers in a cluttered, competitive landscape. Sttegy and planning (50%) Project and progm management (10%) Market oppounity and growth (10%) Tnsformations (10%) Mergers and acquisitions (10%) Analytics (10%) PROJECT TYPES MOST NEEDED SKILLSETS IN RETAIL Retailers turn to independents when they need high-end skills and expeise without a bnd-name budget. Projects nged from supply chain tnsformation to customer journey analyses, M&A target assessments to financial modeling. Financial Modeling Growth Sttegy B2C Marketing 1 2 3 Sttegy Progm Management Office (PMO) 4 5 Technology companies were looking for the next billion-dollar business. Market oppounity and growth (46%) Sttegy and planning (23%) Tnsformations (15%) Product, pofolio, and innovation (8%) Other (8%) PROJECT TYPES MOST NEEDED SKILLSETS IN TECHNOLOGY Tech companies understand firsthand the power of disruption. They levege independents to gain cost-effective, cutting-edge assessments of new oppounities, or to get deep functional expeise in areas like sales and pricing. Projects nged from change management to customer segmentation, market analyses to competitive landscapes. Growth Sttegy Corpote and Business Unit Sttegy Business Plan Development 1 2 3 Market Landscape Project Management 4 5 Financial services firms had a number of priorities, from marketing, sales, and IT sttegies to sizing new oppounities. MOST NEEDED SKILLSETS IN FINANCIAL SERVICES Financial services companies turn to independents when they need sttegic vision, cutting-edge skills, and targeted experience with service models and asset classes. Projects nged from cost reduction to oppounity assessments, customer experience to IT systems tnsformation. Communications Market Research Progm Management Office (PMO) 1 2 3 Big Data Solutions Business Plan Development Technology / Systems Implementation 4 5 6 Financial Modeling Growth Sttegy Corpote and Business Unit Sttegy 7 8 9 Project Management Sttegic Planning Market Landscape 10 11 12 Market oppounity and growth (22%) Sttegy and planning (20%) Tnsformations (12%) Project and progm management (10%) Product, pofolio, and innovation (8%) Mergers and acquisitions (8%) Analytics (8%) Other (12%) PROJECT TYPES | Life science companies needed to manage ongoing projects and size new oppounities. Project and progm management (25%) Sttegy and planning (20%) Market oppounity and growth (19%) Product, pofolio, and innovation (10%) Tnsformations (7%) Other (19%) PROJECT TYPES MOST NEEDED SKILLSETS IN LIFE SCIENCE Independent life science consultants offer expeise in specific thepeutic areas and niches such as market access and data analytics, integting seamlessly into client teams to deliver great results. Projects nged from pofolio management to pricing, patient experience to bnd sttegy. Project Management Market Landscape Corpote and Business Unit Sttegy 1 2 3 Growth Sttegy Product Development Progm Management Office (PMO) 4 5 6 Across all industries, the greatest needs were for big ideas and strong project leaders. Market oppounity and growth (22%) Sttegy and planning (21%) Project and progm management (18%) Product, pofolio, and innovation (8%) Tnsformations (8%) Other (23%) PROJECT TYPES MOST NEEDED SKILLSETS ACROSS INDUSTRIES And no surprise: independent consultants aren’t the “sma genelists” you might find at a tdtional consulting firm. They also have pctical experience and expeise in a variety of indust and functional niches. That makes them well-suited to tackling ve big—and ve specific—questions about growth, disruption, and innovation. And then leading those projects to success. Sttegy Project Leadership Marketing 1 2 3 Opetions Mergers & Acquisitions Quantitative Analytics 4 5 6 TRENDS BY INDUSTRY TOP PROJECTS AND SKILLSETS FOR SOUGHT-AFTER INDEPENDENT CONSULTANTS 4 Eve day, more and more F1000 companies turn to independent consulting talent to complete critical work. These independent consultants and expes—tined by top firms and companies—bring sttegic insight and hands-on executive experience to projects nging from market evaluations to supply chain optimization, big data to eCommerce, and more. of employers plan to replace up to 30% of their permanent positions with independents to become more agile 3 of new jobs created between 2005 and 2015 were in “alternative work categories" 1 61% 94% of today’s total global workforce is comprised of non-employee talent 2 40% A GROWING INDEPENDENT ECONOMY The Independent Consulting Economy 2017 IN REVIEW 1 Katz, Lawrence and Alan Krueger. "The Rise and Nature of Alternative Work Arngements in the United States, 1995–2015." NBER Working Paper No. 22667; 2 Dwyer, Christopher J. The State of Contingent Workforce Management 2017–2018: The Convergence of Talent, Technology, and the Future of Work. Ardent Paners, October 2017; 3 "Beyond the Limits: Acceleting Business Agility with an Integted Talent Model." Talent Quaerly Repo Q4 2017. Randstad Sourceright, December 2017; 4 Internal analysis of project data. Business Talent Group, 2017 Got a pressing project need? Business Talent Group’s network of independent consultants can help with your critical work. Request an individual consultant or a team of expes at businesstalentgroup.com
Transcript of The Independent Consulting Economy - PRWebww1.prweb.com/prfiles/2017/12/19/15028552/BTG_The...
The top goal for consumer goods companies was finding and evaluating new growth avenues.
Market opportunity and growth (23%)
Strategy and planning (20%)
Project and program management (10%)
Transformations (10%)
Ops and performance improvement (10%)
Organizational effectiveness (10%)
Other (17%)
PROJECTTYPES
MOST NEEDED SKILLSETS IN CONSUMER GOODS
Today’s consumer goods companies run lean. They turn to independents when they need experienced project and program management or expertise in unfamiliar markets and niches. Projects ranged from supply chain optimization to pricing, business analytics to brand strategy.
Growth Strategy Market Landscape Big Data Platforms1 2 3
Marketing Strategy4 5
Industrial companies looked for ways to pull ahead of slow-growth and turbulent markets.
Market opportunity and growth (29%)
Strategy and planning (17%)
Transformations (17%)
Ops and performance improvement (9%)
Mergers and acquisitions (8%)
Other (20%)
PROJECTTYPES
MOST NEEDED SKILLSETS IN INDUSTRIAL GOODS
With complicated supply chains and razor-thin margins, industrial companies turn to independents when they need to combine cutting-edge skills with hands-on industry experience. Projects ranged from business analytics to business process transformation, from partnership strategies to customer journey mapping.
Growth Strategy Salesforce Effectiveness Big Data Platforms1 2 3
Retail companies looked for new ways to reach customers in a cluttered, competitive landscape.
Strategy and planning (50%)
Project and program management (10%)
Market opportunity and growth (10%)
Transformations (10%)
Mergers and acquisitions (10%)
Analytics (10%)
PROJECTTYPES
MOST NEEDED SKILLSETS IN RETAIL
Retailers turn to independents when they need high-end skills and expertise without a brand-name budget. Projects ranged from supply chain transformation to customer journey analyses, M&A target assessments to financial modeling.
Financial Modeling Growth Strategy B2C Marketing1 2 3
StrategyProgram Management Office (PMO)4 5
Technology companies were looking for the next billion-dollar business.
Market opportunity and growth (46%)
Strategy and planning (23%)
Transformations (15%)
Product, portfolio, and innovation (8%)
Other (8%)
PROJECTTYPES
MOST NEEDED SKILLSETS IN TECHNOLOGY
Tech companies understand firsthand the power of disruption. They leverage independents to gain cost-effective, cutting-edge assessments of new opportunities, or to get deep functional expertise in areas like sales and pricing. Projects ranged from change management to customer segmentation, market analyses to competitive landscapes.
Growth StrategyCorporate and Business Unit Strategy
Business Plan Development1 2 3
Market Landscape Project Management4 5
Financial services firms had a number ofpriorities, from marketing, sales, and ITstrategies to sizing new opportunities.
MOST NEEDED SKILLSETS IN FINANCIAL SERVICES
Financial services companies turn to independents when they need strategicvision, cutting-edge skills, and targeted experience with service models and asset classes. Projects ranged from cost reduction to opportunity assessments, customer experience to IT systems transformation.
Communications Market Research Program Management Office (PMO)1 2 3
Big Data Solutions Business Plan Development
Technology / Systems Implementation4 5 6
Financial Modeling Growth StrategyCorporate and Business Unit Strategy7 8 9
Project Management Strategic PlanningMarket Landscape10 11 12
Market opportunity and growth (22%)
Strategy and planning (20%)
Transformations (12%)
Project and program management (10%)
Product, portfolio, and innovation (8%)
Mergers and acquisitions (8%)
Analytics (8%)
Other (12%)
PROJECTTYPES
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Life science companies needed to manage ongoing projects and size new opportunities.
Project and program management (25%)
Strategy and planning (20%)
Market opportunity and growth (19%)
Product, portfolio, and innovation (10%)
Transformations (7%)
Other (19%)
PROJECTTYPES
MOST NEEDED SKILLSETS IN LIFE SCIENCE
Independent life science consultants offer expertise in specific therapeuticareas and niches such as market access and data analytics, integrating seamlessly into client teams to deliver great results. Projects ranged from portfolio management to pricing, patient experience to brand strategy.
Project Management Market Landscape Corporate and Business Unit Strategy1 2 3
Growth Strategy Product Development Program Management Office (PMO)4 5 6
Across all industries, the greatest needs were for big ideas and strong project leaders.
Market opportunity and growth (22%)
Strategy and planning (21%)
Project and program management (18%)
Product, portfolio, and innovation (8%)
Transformations (8%)
Other (23%)
PROJECTTYPES
MOST NEEDED SKILLSETS ACROSS INDUSTRIES
And no surprise: independent consultants aren’t the “smart generalists” you might find at a tradtional consulting firm. They also have practical experience and expertise in a variety of industry and functional niches. That makes them well-suited to tackling very big—and very specific—questions about growth, disruption, and innovation. And then leading those projects to success.
Strategy Project Leadership Marketing1 2 3
Operations Mergers & Acquisitions Quantitative Analytics4 5 6
TRENDS BY INDUSTRY
TOP PROJECTS AND SKILLSETS FOR SOUGHT-AFTER INDEPENDENT CONSULTANTS4
Every day, more and more F1000 companies turn to independent consulting talent to complete critical work. These independent consultants and experts—trained by top firms and companies—bring strategic insight and hands-on executive experience to projects ranging from market evaluations to supply chain optimization, big data to eCommerce, and more.
of employers plan to replace up to 30% of their permanent
positions with independents to become more agile3
of new jobs created between 2005 and 2015 were in “alternative work
categories"1
61%94%
of today’s total global workforce is comprised of
non-employee talent2
40%
A GROWING INDEPENDENT ECONOMY
The IndependentConsulting Economy2017 IN REVIEW
1 Katz, Lawrence and Alan Krueger. "The Rise and Nature of Alternative Work Arrangements in the United States, 1995–2015." NBER Working Paper No.
22667; 2 Dwyer, Christopher J. The State of Contingent Workforce Management 2017–2018: The Convergence of Talent, Technology, and the Future of Work.
Ardent Partners, October 2017; 3 "Beyond the Limits: Accelerating Business Agility with an Integrated Talent Model." Talent Quarterly Report Q4 2017.
Randstad Sourceright, December 2017; 4 Internal analysis of project data. Business Talent Group, 2017
Got a pressing project need?Business Talent Group’s network of independent consultants can help with your critical work. Request an individual consultant or a team of experts at businesstalentgroup.com
