It appears that consulting ex- ecutives and firm leaders are finally—once and for all— moving on from the Great Re- cession. It’s been a long time
coming. The wounds were deep, and
the scars remain but time marches
on. And so does the profession.
Based on the results of our Execu-
tive Outlook survey, which measures
what firm leaders are forecasting
for 2014, it appears the consulting
profession feels pretty good about
where we are and where we’re go-
ing. We have come out of the woods
and see greener pastures and sunnier
skies ahead. At least that’s one of
the major takeaways of our annual
survey, which queried firm leaders
about their business this year, and
what they’re expecting for next year.
There’s simply no denying the
executive outlook for 2014 is filled
As part of the survey, we again
asked firm leaders about their busi-
nesses, including revenue, profits,
opportunities and the challenges
ahead. Consulting surveyed more
than 200 Managing Directors, Part-
ners and Vice Presidents in October
and November of 2013.
First, let’s compare last year’s
projections with this year’s reality.
For the year that just ended, 77 percent of executives said they actually
experienced growth, not quite the 80
percent that predicted it, but a solid
projection and result, nonetheless.
And 42 percent said that the
growth was higher than 10 percent.
Again, that number falls short of the
48 percent who predicted double-digit growth last year.
As for forecasting 2014, the
OUTLOOK greener PASTU
and ;rm size
size and type
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More than 10,000
500 to 999
200 to 499
1 to 199