Skip to main content
Article
The Western Ways Of Management Consultancy: Shifting From Credentials To Competency And Creativity
Pannon Management Review
  • Andrew C. Gross, Cleveland State University
  • József Poór, Szent IstvánUniversity
  • Emeric Solymossy, Western Illinois University
Document Type
Article
Publication Date
9-1-2014
Keywords
  • consultancy; Entrepreneurship/Innovation; management consultants
Abstract

How to be entrepreneurial in the field of management consultancy during an economic downturn, while new technologies come to the forefront? Much of the answer lies in stepped up marketing efforts and in cost-cutting measures. In addition, however, it is crucial to embrace new ideas and techniques. The large consultancies as well as small firms or individual practitioners from the West will have to adjust their philosophy and style to this new environment – by emphasizing their industry and functional competencies along with creativity and innovation, rather than their credentials. By data mining, we have been fortunate to come across three Western nations, the United Kingdom, France, and Spain that provide recent statistics on management consultancy. The future will depend not only on the success of existing firms, but on opportunities for the rise of new ventures. The future contours of management consultancy are being carved steadily by organizations, large and small. The large consultancies seek to avoid regulation at all costs. How can small management consultants prosper now and later? They can adopt the credo of marketing orientation and entrepreneurship to heart: they must be proactive, innovative, and risk-taking.

Citation Information
Gross, A., Poor, J., & Solymossy, E. (2014). The western ways of management consultancy: Shifting from credentials to competency and creativity. Pannon Management Review 3(3), 11-33. Retrieved from http://pmr.uni-pannon.hu/articles/3_3_gross_poor_solymossy.pdf