mindbench profiled as a consultancy to "address the challenges of the new consulting environment"
May 25, 2004 (Press Release) --
The best consulting minds on the bench
As growth slowly returns to the consulting industry, consulting companies are faced with a difficult choice of hiring full-time employees now or waiting to see if the increase in demand for consultancy continues. And as Top-Consultant.com reported last week that the freelancing and the associate models are set to expand, a new entrant to the market aims to address the challenges of the new consulting environment.
Mindbench, a hybrid between a management consulting firm and a recruitment agency, works on developing an on-demand consulting platform which can undertake consultancy projects on-behalf of strategy and change management consultancies.
So far mindbench has delivered projects for five high-growth and specialist management consultancies. They have all been in the areas of company strategy or change management.
Commenting on the growth of Mindbench, Top-Consultant Director Tony Restell noted: "The two trends that look most likely to establish themselves in 2004/5 are the return to aggressive and highly competitive recruitment drives to attract permanent consulting staff... and as a supplement to this form of resourcing, a growing reliance on the use of associates, consulting networks and the like that can provide access to highly talented consultants on a short-term as-needed basis"
“It’s an exciting time to be in the consulting market place” says Richard Stewart, Managing Director of mindbench, “we believe that the mindbench model will generate tangible benefits for the consultancy clients, the consultancies, and the consultants”.
As mindbench works with several consulting company clients, the utilisation of mindbench personnel is kept high. At the same time, the consulting companies have access to the best consulting minds, without the expense of un-billable hours or expensive offices.
The company recognises that many consultants have become disenchanted with the established consultancy model. They want more flexibility, to have control over their personal lives and want to work on projects that they find genuinely interesting.
mindbench has so far attracted consultants who have years of experience from top-strategy and large established consultancies, including Roland Berger, Diamond Cluster, Kaiser Associates, Burlington, Deloitte Consulting, and KPMG.
As growth slowly returns to the consulting industry, consulting companies are faced with a difficult choice of hiring full-time employees now or waiting to see if the increase in demand for consultancy continues. And as Top-Consultant.com reported last week that the freelancing and the associate models are set to expand, a new entrant to the market aims to address the challenges of the new consulting environment.
Mindbench, a hybrid between a management consulting firm and a recruitment agency, works on developing an on-demand consulting platform which can undertake consultancy projects on-behalf of strategy and change management consultancies.
So far mindbench has delivered projects for five high-growth and specialist management consultancies. They have all been in the areas of company strategy or change management.
Commenting on the growth of Mindbench, Top-Consultant Director Tony Restell noted: "The two trends that look most likely to establish themselves in 2004/5 are the return to aggressive and highly competitive recruitment drives to attract permanent consulting staff... and as a supplement to this form of resourcing, a growing reliance on the use of associates, consulting networks and the like that can provide access to highly talented consultants on a short-term as-needed basis"
“It’s an exciting time to be in the consulting market place” says Richard Stewart, Managing Director of mindbench, “we believe that the mindbench model will generate tangible benefits for the consultancy clients, the consultancies, and the consultants”.
As mindbench works with several consulting company clients, the utilisation of mindbench personnel is kept high. At the same time, the consulting companies have access to the best consulting minds, without the expense of un-billable hours or expensive offices.
The company recognises that many consultants have become disenchanted with the established consultancy model. They want more flexibility, to have control over their personal lives and want to work on projects that they find genuinely interesting.
mindbench has so far attracted consultants who have years of experience from top-strategy and large established consultancies, including Roland Berger, Diamond Cluster, Kaiser Associates, Burlington, Deloitte Consulting, and KPMG.
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