The consulting industry has been making rapid strides in the Indian market over the last decade and has witnessed a significant rise in the number of new entrants in this field.
Their client firms need to move ahead in the competitive global market makes the need for such services imminent.
Many management consulting firms have also off shored their global back-offices functions to India.
As a knowledge industry, manpower tops the list of challenges for players in this space in India with over 36% respondents listing this at the top.
This includes skilled manpower availability and retention, need for continuous skill and attitudinal training, location differences in professionalism and work ethics, ability to straddle multiple time zones and cultural diversity are some of those overseas firms have highlighted.
As the Indian market for such services is highly cost-sensitive, the ability to manage monetary objectives while providing world-class services is a continuous challenge for overseas firms.
Our search experience for this includes roles like consultants, researchers, analysts, directors, functional roles for consulting companies in finance and accounts, outsourcing, business process, M&A, sales and marketing, brand management.