Global Consulting Market 2014
  • One on One

Kennedy Corner

  • »Confluent Talent: It Might Just be Rocket Science
    While strategic HR decisions may not equate to life-or-death, for employers the alignment of talent management with business strategy will determine the future of the business. Employers with tens of thousands of employees are stuck in decision limbo.
  • »Breaking the Cycle of Volatility and Supply Chain Performance Deterioration

    The great moderation that lasted from the mid-1980s through 2007 was characterized by low volatility and strong gains in business performance that combined in the fashion of a virtuous cycle. The supply chain was a significant beneficiary and source of these gains.
  • »Disruption, Financial Services and the Buffalo Bills
    The year was 1996: Alanis Morissette and the Smashing Pumpkins dominated radio—we still listened to radio back then—while your Internet 1.0 experience began when your dial-up modem screeched for 20 seconds and then connected you to your AOL account. You had mail! It was in that year that Episode 7 of the fourth season of the popular SciFi drama The X-Files aired, during which a conspiracy was laid bare in a secret meeting by powerful men.
  • »Retailís Human Capital Challenge
    Employee engagement is an important factor in any industry, yet the stakes are particularly high in retail. This is a sector where workers are at the forefront of managing the customer experience, whether face-to-face at the perfume counter or from a remote call center servicing the online shopper.
  • »Itís a Floorwax... Itís a Dessert Topping... Actually, itís Both!
    There are few sure things in the world. One might cite death and taxes, but only slightly down the list is the inevitable answer a Big Four consultant provides to the question “What is your firm’s strength?” Everything, of course.
  • »Show Me The Money
    Management consulting is a cash business. Now salaries and bonuses within the consulting industry are certainly not at the stratospheric levels enjoyed by their kindred brethren in investment banking. But consultants generally do realize much-better-than-average wages relative to their counterparts in the corporate world.
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Travel Advisory

  • »Survey: Consultants Are On the Road Again
    After years of fits and starts in an uncertain economy, travel is back in the consulting profession, at least according to the results of our annual Best Places to Stay survey.
  • »Marriott Goes Big in NYC
    Marriott International, Inc. and G Holdings opened what they’re calling an “iconic addition” to the New York skyline, a combined 378-room Courtyard hotel and 261-suite Residence Inn hotel in midtown Manhattan. The $320 million, 68-story property is the tallest single-use hotel in North America.
  • »Extended Stay America Offers Rooms to Patients
    Extended Stay America is teaming with the American Cancer Society to provide some 10,000 free nights, as well as another 10,000 discounted nights, in its hotels to cancer patients who are forced to travel to receive treatment.
  • »Oakwood Worldwide Expands NYC Presence
    LOS ANGELES—Oakwood Worldwide expanded its portfolio in New York with new corporate apartments at the newly renovated 25-story property called The Nash.
» View all

Book It!

  • »Q&A: Keeping It Simple
    BCG’s Six Simple Rules sets out to simplify some organizational complexity.
  • »Review: Leading the Life You Want
    It seems that everyone has an opinion on work/life balance these days, but Stewart D. Friedman’s Leading the Life You Want isn’t necessarily one of them.
  • »Review: The Culture Map
    Globalization led to the rapid connection of internationally based employees from all levels of multinational companies, and now those same employees are expected to collaborate with colleagues scattered all over the world.
  • »Review: Twitter is Not a Strategy
    Today’s digital frenzy has led many to declare that advertising is dead… or at least dying. Is it?
  • »Excerpt: Procurement as Productivity
    The following is an excerpt from the book Procurement 20/20: Supply Entrepreneurship in a Changing World by a quartet of McKinsey & Company consultants—Peter Spiller, Nicolas Reinecke, Drew Ungerman and Henrique Teixera.
  • »Review: The Risk-Driven Business Model
    Most companies focus their innovation on new products.
» View all

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4 25 2012
»Huron: Q1 Revenue Up 1.5%; Lower Than Expected

Huron Consulting Group announced it first quarter financial results—revenues increased to $138.6 million compared to $136.6 million for the same quarter in 2011.

The Company's first quarter 2012 operating income was $3.6 million, compared to $10.8 million in the first quarter of 2011. Results for the first quarter 2012 include an accrual for its annual incentive payment reflecting the Company’s guidance range.

“Our first quarter 2012 revenues and earnings were lower than we expected, primarily due to the timing of contingent revenues in our healthcare practice. The market for our services is very strong, and we anticipate that subsequent quarters will better reflect the level of activity that exists within our largest practices. We remain confident in our ability to achieve our full year 2012 outlook,” says James Roth, CEO and president, Huron Consulting Group.

"We continue to be pleased with our ability to attract new talent to our organization—a critical ingredient of our growth strategy. Our expanding team of professionals has helped us establish a solid base from which to achieve our expected results for this year.”

As part of the earnings report, Huron affirmed expectations for full year 2012 revenue in a range of $620 million to $660 million.
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