Consulting Industry in India

Problems

Solutions

Opportunities

Consulting at a Glance

• The Indian Consulting Industry has been growing at a much

higher pace in the recent years.

• The consulting industry has witnessed a considerable

increase in the number of new comers in this field exploring

all the industries.

• The main aim has always been to gain market share in this

highly consolidated and competitive environment,

primarily by capitalizing on the pertinent factors driving it.

To Talk Numbers

• APAC – Asia Pacific consulting industry generated $33.5

billion as revenues in 2008 and is expected to reach 39.2

billion by 2012.

• The consulting industry is growing at a CAGR of 4.1% since

2007

• India contributes to 5.4% of the total revenue compared to

japan which contributes 67.2%.

• Corporate Strategy, Outsourcing Services, Human

Resource Management, and Operations Management have

been some of the prominent business divisions in the

consulting market.

• Acquiring the right set of talent

• The expertise and right set of manpower can provide

meaningful insights with optimum clarity and offer

strategic advisory solutions on diverse subjects

• Challenges to the firm in matching the client’s requirements

• The client’s needs always being far from what is to

offered, it is real problem as the flexible and

multitasking expertise is still not available which

remains a challenge.

Then what is the problem

• Outsourcing to India acts as a challenge as well as driver:

• From a consulting firm’s perspective, though this factor

helps expansion and globalization, companies feel that it

restrains the company development and growth in the

outsourced regions.

• These are also some of the challenges that small and

emerging consulting firms in India face

• Market’ as a Challenge affects routine businesses:

• Volatile market conditions affects consulting firms.

• Maintaining long-term relationships with clients affects the

long-term existence of the firm

• Indian consulting market is more or less a buyers market.

• More than convincing the companies to sign-up proposals,

factors such as cost-benefit ratios, value added services

and so on play a pivotal role.

• Competition : Not a healthy thing for small players to grow

• Big and established players dominate the market for

strategy consulting with nearly three-fourth of the market

share in their hands leaving a little for the upcoming ones.

• Increasing rate of attrition affects the organizational

growth:

• This problem has been rampant in Indian firms due to a

plethora of reasons being the following

• Poor Pay

• Poor Career Development

• Poor Projects

• Office Politics

• Poor Management

• Work/life Balance

The Soultion

• The solution is simple yet effective. Consult Genie gives you the

right advice and help to all your problems.

• ConsultGenie is the leading online market space where

businesses connect with independent professionals to get work

done.

• ConsultGenie delivers an immediate, cost-effective and flexible

way to hire, manage and pay independent professionals and

contractors.

• Companies tap into ConsultGenies’s skilled talent pool to

distribute their work, while consultants use ConsultGenie to

meet clients, stay independent and get paid for delivering great

results.

Stay connected to us on the following platforms:-

• @ConsultGenie on Twitter

• ConsultGenie on Facebook Fan Page

• consultgenie.wordpress.com on Corporate Blog

• Don't miss this opportunity - Register Now