Reliance on consultants today stems from a number of factors, as there are new behaviours required by businesses. Principal influences to this end include the increasing diversity and widening age gaps in multi-generational customer bases, which mean that business management has a lot to cover. In addition, increased employee and client access to information via new media and social networking has meant management needs to be fully aware of, and must monitor carefully, all networking channels, such as rumour-mill blogs, YouTube, Facebook, Twitter and other wikis.
This industry provides advice and assistance to businesses and other organisations on management issues, such as strategic and organisational planning, financial planning and budgeting, marketing objectives and human resource policies. Computer consultancy and information technology services, as well as accounting services, form their own industries.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.