Management Consulting - Trends

Trends

The use of management consultancy is becoming more prevalent in non-business fields including the public sector; as the need for professional and specialist support grows, other industries such as government, quasi-government and not-for-profit agencies are turning to the same managerial principles which have helped the private sector for years.

An industry structural trend which arose in the early part of the 21st century was the spin-off or separation of the consulting and accounting units of the large diversified professional advisory firms most notably Deloitte, Ernst & Young, PwC and KPMG. For these firms, which began operation as accounting and audit firms, management consulting was a new extension to their organization. But after a number of highly publicised scandals over accounting practices, such as the Enron scandal, these firms began divestiture of their management-consulting units, to more easily comply with the tighter regulatory scrutiny that followed. In some parts of the world this trend is now being reversed where the firms are rapidly rebuilding their management consulting arms as their corporate websites clearly demonstrate.

Read more about this topic:  Management Consulting

Other articles related to "trend, trends":

Stock Market Corrections
... A market trend is a tendency of a financial market to move in a particular direction over time ... These trends are classified as secular for long time frames, primary for medium time frames, and secondary for short time frames ... Traders identify market trends using technical analysis, a framework which characterizes market trends as predictable price tendencies within the market when price reaches support and resistance levels ...
Lawrence J. Rosenblum - Work - Research Trends in Visualization
... Several new trends are emerging ... Another trend, which has not been well met to date by visualization researchers, is for algorithms to be combined with usability studies to assure that techniques and systems are well designed and ... This presentation will discuss current research trends in visualization as well as briefly discuss trends in U.S ...
Cultivation Of Tobacco - Global Production - Trends
... Every year 6.7 million tons of tobacco are produced throughout the world ... The top producers of tobacco are China (39.6%), India (8.3%), Brazil (7.0%) and the United States (4.6%) ...
Stanlee Gatti - Art
... He follows color trends in fashion (his favorite is green), but in event design, he explains, "I do not know what the trends are because I set the trends." A florist by ...

Famous quotes containing the word trends:

    Power-worship blurs political judgement because it leads, almost unavoidably, to the belief that present trends will continue. Whoever is winning at the moment will always seem to be invincible.
    George Orwell (1903–1950)

    A point has been reached where the peoples of the Americas must take cognizance of growing ill-will, of marked trends toward aggression, of increasing armaments, of shortening tempers—a situation which has in it many of the elements that lead to the tragedy of general war.... Peace is threatened by those who seek selfish power.
    Franklin D. Roosevelt (1882–1945)

    Thanks to recent trends in the theory of knowledge, history is now better aware of its own worth and unassailability than it formerly was. It is precisely in its inexact character, in the fact that it can never be normative and does not have to be, that its security lies.
    Johan Huizinga (1872–1945)