The key influencers
Updated: 2012-07-13 08:46
(China Daily)
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Management consultancy is on a roll in China with rich pickings and double-digit growth rates for trusted practitioners. With global consulting majors posting robust growth, here's a look at some of the factors that are promoting the buoyancy of the industry in China.
NIGEL KNIGHT,
MANAGING PARTNER OF ERNST & YOUNG, GREATER CHINA
Supporting national and global expansion of domestic companies
Driving to improve organizational productivity (in light of ongoing cost increases)
Helping multinationals to adapt their operating models to succeed in China
Supporting Chinese government agencies in executing the 12th Five-Year Plan (2011-15)
Helping companies accelerate their leadership and talent development
CHRISTOPH NETTESHEIM,
SENIOR PARTNER AND MANAGING DIRECTOR OF BCG, GREATER CHINA
Increasing importance of China for large multinational companies, leading to more local activities
Growing need for local companies to professionalize their organizational and governance systems
Increasing need for local companies to go abroad
Growing understanding about the value which leading edge consulting can bring to the business
Increasing strength of locally well-established consultants that combine local expertise with global capabilities
NORMAN SZE,
MANAGING PARTNER FOR CONSULTING OF DELOITTE CHINA
Weak economic situation in Europe and uncertain global economy pushing Western companies East
The plan by State-owned Assets Supervision and Administration Commission to have global operating standards at all State-owned enterprises
Aggressive M&A strides made by domestic companies
Shortage of experienced consulting talent in the market
FRANCESCO D'APRILE,
CHAIR AND FORMER PRESIDENT OF THE INTERNATIONAL COUNCIL OF MANAGING CONSULTANT INSTITUTES
Global growth in the East a magnet for Western consultants
Management consultancy the new growth catalyst for global leaders
Talent, an important driver for companies to compete globally
New perspectives that are driving the growth of the global economy
(China Daily 07/13/2012 page4)
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