BCG & TikTok - IBM rebrand - Boutiques to watch - Sustainability, ESG, Impact Consulting ....and more in Don Leslie's November Consultancy newsletter

I research it so you don’t have to. Here’s what I’ve found this month about the consultancy sector worldwide. It might help with the job search…and there are more consultancy jobs out there than ever.

IBM rebrands consultancy?-?LEK’s new head?-?Accenture acquisitions?-?Boston Consulting Group on TikTok?-?Life sciences in London??-?Latin American growth?-?Economist Impact?-?Big Four?-?boutiques on the rise?-?sustainability, climate change and ESG consulting

KPMG will invest $1bn over the next three years in ESG and sustainability services. https://tinyurl.com/t5dhmus “ESG is the watermark running through our global organization; from empowering our people to become agents of positive change, to providing better solutions and services to our clients. We have an obligation to support the communities we serve — while helping to drive measurable change that has an impact.”

Meet the New Boss…

·???????Sionic, a banking and financial services consultancy, has appointed two new directors in London and Geneva. https://tinyurl.com/uybu2ywd?There are career openings in Canada, Spain, UK and the US listed here https://tinyurl.com/yscsfxf6 .?The newsletter for March highlighted hiring into the Channel Islands and internships https://www.donleslie.uk/march-2021-consultancy-newsletter/ .

·???????PA Consulting has admitted two new Partners, in Consumer & Manufacturing https://tinyurl.com/ysxkhbdf and Financial Services https://tinyurl.com/yen8pms2?The firm’s careers pages list over 200 positions https://tinyurl.com/rfn6a5ub?in Europe (Denmark, England, Holland, Northern Ireland, Norway, Scotland, Sweden) and the USA.

·???????Sports, travel, FMCG, ecommerce and entertainment research and insights consultancy Minute To Midnight has made senior appointments in London and New York https://tinyurl.com/s8k35um7

·???????FTI in Germany adds two senior managing directors to its Forensic and Litigation division. The firm has some 6,500 consultants in 30 countries. https://tinyurl.com/4zep6555

Australia’s Financial Review reports that PwC Australia is in hot water after a “racist trivia” event. https://tinyurl.com/7yrcjtck?

Consultancy researchers Source Research Group write about the rise of remote recruiting. https://tinyurl.com/yxsk78et

Who’s eating Who?...

·???????EY-Parthenon has bolstered its services for digital infrastructure consultancy at telecoms, media and technology companies through the purchase of CMA Strategy. CMA’s 70 consultants in Boston, London and San Francisco will join colleagues from three other acquisitions made by EY’s strategy arm in the last few months https://tinyurl.com/4t5rcyz8?There are openings advertised in the US and UK for managers, Senior Analysts, Analysts and Interns. https://tinyurl.com/4te6hzmx?

·???????Accenture has completed its acquisition of?Benext, an independent product consulting company specialising in product management, agile coaching, cloud-based development and data science. Benext’s 150 consultants will become part of the Accenture sub-brand Octo Technology, which sits within Accenture Cloud First https://tinyurl.com/radahw9m?1876 jobs came up when I searched the Careers page??https://tinyurl.com/y2a28hpx?

·???????Accenture has also acquired umlaut, an engineering consulting and services firm headquartered in Aachen, Germany. The move significantly scales Accenture’s deep engineering capabilities to help companies use digital technologies like cloud, artificial intelligence and 5G to transform how they design, engineer and manufacture their products as well as embed sustainability. Umlaut adds more than 4,200 industry-leading engineers and consultants across 17 countries to Accenture’s?Industry X?services and expands the company’s capabilities across a range of industries, including automotive, aerospace & defence, telecommunications, energy and utilities. https://tinyurl.com/yzyz4bu8?

Mid-sized US consultancy Ankura (1500 consultants) is developing its network of European offices and hiring senior practitioners from rival firms to accelerate growth. With investment from private equity, the firm is targeting insolvency, turnaround and restructuring services from London and Frankfurt.?https://tinyurl.com/rv4bpkhu There are 200 open roles listed on its careers portal https://tinyurl.com/44nmz3z6 ?including current undergraduate internships.

New in Town…

·???????Economist Impact is a new research and consultancy business from The Economist newspaper. The consultancy will “drive the conversation around three key areas of systemic transformation – sustainability, health and the changing shape of globalisation” https://impact.economist.com/ .

·???????Life sciences consultancy Genioo has opened an office in London. The firm already has 60 consultants working from its main centres in Berlin, New York and Zug. Genioo’s services cover from R&D to procurement, from supply chain to global quality programmes, and from commercial operations to business development and licensing.??https://tinyurl.com/wryhrjx7 Jobs in Berlin, Boston, Frankfurt, London, New York, Zug and Zurich are advertised on its website: https://tinyurl.com/2c7hr3ys

·???????IBM Consulting is the new name for IBM Global Services, the consulting arm of the IT giant. https://www.ibm.com/consulting/ You too can join its 140,000 consultants in 150 countries. There are 3500 jobs on its site: https://tinyurl.com/94vwk6hm

Lists…we love ‘em…

·???????The latest Great Place to Work list for tech consultancies in the UK includes Alchemy, CGI, Credera, FTI, GEP and Mason Advisory https://tinyurl.com/upuj6ptz

·???????Dupont Sustainable Solutions has come top (again) in a poll of the Best Environmental, Health and Safety Consultants, https://tinyurl.com/2wzy4u8k , beating Accenture, AECOM, Capgemini, Deloitte, ERM and EY.

VC/PE News…

·??????Professional services investor Waterland is supporting the German consulting firm Horn & Co in its bid to double in size over the next few years. https://tinyurl.com/3mtky6us Based in Dusseldorf, Germany, it designs and implements strategic and digital transformation processes for financial service providers as well as industrial and trading companies, with an additional focus on measurable P&L improvements via data-driven analyses. It employs a staff of over 100 at six offices in Germany and Austria. Nine live roles can be found here, https://karriere.horn-company.de/en?but like many consultancies in the DACH region, “Für diese T?tigkeit sind verhandlungssichere Deutschkenntnisse in Wort und Schrift erforderlich.”

·???????MML Capital has taken a minority stake in Zanders, a Dutch headquartered treasury and risk consulting firm with 200 consultants in Europe, Asia and North America. Zanders is targeting growth in the US, Scandinavia and DACH countries. https://tinyurl.com/ejefkbne?20 jobs are listed https://tinyurl.com/3dk8swsd in Japan, The Netherlands, Sweden, the UK and the US.

Strategy House News…

·???????Strategy firm Oliver Wyman has bought the life sciences strategy practice of Huron Consulting Group. https://tinyurl.com/9tf3dtnu?47 jobs can be found here: https://tinyurl.com/5bmydhyf

·???????Christoph Schweizer has been elected Boston Consulting Group’s Chief Executive Officer. BCG is the consultancy partner to COP26 and recently launched a Centre for Sustainability and Climate in London. https://tinyurl.com/6utw7wvs??

·???????Catching ‘em young… BCG has an account on TikTok, says my teenage social media adviser whilst he posts on Instagram, messages his WhatsApp group and watches Squid Game. https://tinyurl.com/pszk4sua??“Curious about a career at BCG? Follow our new @bcg_careers TikTok account to discover more about who we are, what we do, and what opportunities await you at BCG.”

·???????Strategy house LEK (1600 consultants) has a new Global Managing Partner. The firm has a $1bn growth target and has been expanding in Europe, APAC and the US. https://tinyurl.com/a7xep6ha Its careers pages https://tinyurl.com/36n55373?list over 40 roles in Australia, Brazil, China, France, India, Poland, UK and the US. Recent newsletters have?mentioned LEK’s new Sustainability Centre https://www.donleslie.uk/september-2021-management-consultancy-newsletter/ and the appointment of an ESG Partner https://www.donleslie.uk/february-2021-consultancy-newsletter/

The Latin American consultancy market is expected to grow by 11%, says research company Source Global Research. https://tinyurl.com/n8ftpb2m

Success Stories: Accenture Glasgow hires Strathclyde MBA and London office takes Imperial MSc…Executive MBA from Alliance Manchester Business School moves to Atkins…Bain London gets Oxford MBA…Durham MBA goes to Capgemini London…Deloitte London welcomes MBAs from Aston and Warwick…EY joiners include Belfast – UCD MSc, Milan – MBA Manchester, Jakarta – BEng Birmingham, London – MSc Salford…GFC (China) recruits Leeds MSc…Intangent Vancouver hires UBC Sauder BCom…Cranfield MBA moves to IQVIA in Bogota…Loughborough MSc to KPMG Dublin…McKinsey Munich is destination for Cranfield MSc…Monitor Deloitte hired Warwick EMBA in London and Oxford MBA in Singapore…Bayes (City University) MBA accepts PwC London whilst Edinburgh MSc chooses PwC Athens…MBA from AMBS joins Strategy& London

I’ve been Zooming into Bayes Business School’s (City University) MBA and MSc classes, Kent Business School, Adam Smith Business School (Glasgow University), Leeds Beckett University, Edinburgh University Business School and Birmingham University Business School during October to talk about careers in strategy and management consultancy. EMLyon, Newcastle University Business School (live! In person!) and Cranfield will be next. And 1:1 coaching days for Bayes MBAs and Warwick Business School MBAs are coming in November too.

The next newsletter will be published here at the beginning of December.

Don Leslie?Careers and Consultancy?London?+44 (0)203 051 8540?+44 (0)7812 056 652?[email protected]?www.donleslie.uk