A deep dive on the competitive landscape of the consulting business in India
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A deep dive on the competitive landscape of the consulting business in India
The Objective of the Study
The client wanted to assess theenhancers and changes in the buyer landscape among the consulting firms and evaluate the impact of any disruptions in the consulting space. A major aspect of the study was to evaluate the future changes in the competitor landscape.
Key Screening Points
- Senior professionals having a sound experience of more than 8-10 years were targeted.
- Experts having extensive knowledge on the market trends, competitionand growth environment of the consulting companies.
- The organizations targeted were divided into segments:
- Strategy Firms
- Big 4
- IT Advisory / Technology Consulting Firms
- Boutique Audit and Tax Firms
- Boutique Consulting Firms
Key Discussion Points
- Evaluating the key growth drivers and major disruptors in the industry.
- Assessing the key initiatives taken by the firm or Business Unitin order to capitalize on their trends/opportunities.
- Analyzing the change in the buyer landscape focusingon any emerging customer segment and the changes in the buying pattern of customers.
- To get an overview on the competitive landscape of the industry broadly and evaluating the changes over the next 3-5 years.
- A comprehensive evaluation of the critical success factors and challenges of theconsulting business segment.
Target service line ratio
HBG Solution
- HBG team successfully onboarded and conducted qualitative discussions with relevant experts and shared the word transcripts for these discussions within the stipulated timeframe.
- Regular updates with the profiles of the shortlisted and completed participants were shared for the clients’ review.
- Team delivered the project with optimum quality and within the timeline and this helped the client understand the industry in a broader perspective.