So just what do 100 Managing Directors, Partners and Vice Presidents think about the state of the consulting industry?
According to the team at CONSULTING magazine, they are exceptionally positive about the prospects for growth in 2017 and maintain a “pedal to the metal” philosophy. The magazine has just published its annual “executive outlook” for the new year and the CROIXSTONE consulting team noted the following highlights with great interest.
- Consulting industry leaders are “especially giddy about the forecasts for the year ahead” with some having reported sales growth above 20% in 2016.
- The consulting industry is among the first to see signs of an economic slowdown and no such signs are being seen.
- 65% of consulting industry leaders experienced real revenue growth above 10% in 2016.
- 96% of leaders project that net profits will increase in 2017, with 57% forecasting that net profits will be up more than 10% in 2017.
Read the full article here.