It’s exciting to watch advances in predictive and prescriptive employee solutions. Workday recently announced the release of an application enabling employers to “identify which employee is likely to quit, and what options need to be considered to retain that person”.
Korn Ferry announced it has entered into a definitive agreement to acquire Hay Group for $425 million in cash and stock. Korn Ferry will combine Hay Group with its Leadership and Talent Consulting segment and brand the combined advisory business as Hay Group. The deal is expected to close at the end of calendar 2015.
Most consultants are eager to turn their short-term contracts into long-term advising relationships. After all, they’ll gain trust from clients, longer contracts, and, most importantly, bigger paychecks. Achieving this is by no means a cakewalk.
When it comes to being one of the Best Small Firms to Work For, it’s four years and counting for Meridian Compensation Partners. But this year the firm rockets up the ranking from No. 10 all the way to No. 2—an impressive jump, to say the least.
Deloitte recently announced it has acquired Kaisen Consulting as part of a plan to launch a global, full-service leadership development consulting practice. It's a smart move at the right time and gives Deloitte an edge in a fragmented market, primarily over the strategy houses.
A changing of the guard is underway in corporate America as Baby Boomers begin to reach retirement age in droves. The resulting generational difference is just one force disrupting longstanding perceptions of what work and employment are. Consulting spoke with CEO, North America, and Managing Partner with BPI Group’s international business unit, Juan-Luis Goujon, about some of those changes as well as the changing definitions of work and consulting itself.
The culture of law firms and their partners’ relationships has dramatically changed over the past several decades. Historically, when a person obtained a partnership in a firm, the relationship became somewhat sacred. The partner expected to stay with the firm for his/her entire working life. However, those loyalties are often not that strong today.