RSM US Gary Sturisky / Managing Partner, Consulting
Consulting: Can you sum up where your firm is today?
Sturisky: We’re happy about where we are. We’ve stayed true to our strategy. We’re focusing on creating a fantastic experience for our middle market clients and our people. Today, people want to work with and for RSM, and that feels very good. We continue to innovate, creating market-relevant solutions that help clients navigate their business challenges and achieve growth. Even in these somewhat uncertain times domestically and globally, consulting continues to grow at a double-digit clip. Our growth fuels new opportunity for our people, and we were happy to increase the number of consulting partners by nearly 10 percent in 2016, with 18 percent of consulting team members receiving a promotion.
Consulting: What’s your firm’s outlook for 2017?
Sturisky: We expect double-digit growth again this fiscal year, ending April 30. Services in each of our three primary service lines―technology and management consulting; financial advisory services; and risk advisory services―are showing strength. Our risk practice shows strong growth in regulatory compliance, IT risk and cybersecurity services. Financial advisory is recording healthy activity in mergers and acquisitions. Our fastest growing industries include healthcare, real estate and financial services. In TMC, we’re innovating as quickly as new solutions reach the market. TMC growth is robust, especially in Microsoft Dynamics CRM and AX, Microsoft Dynamics 365 and managed services that help clients stay agile.
Consulting: What are the biggest opportunities in 2017? What are the biggest challenges?
Sturisky: International expansion represents a tremendous opportunity for consulting. As our clients’ business opportunities expand, we’ll be at their side. In addition, through acquisitions, we’ve deepened our industry expertise, enabling us to provide more in-depth industry advice and services. One perennial challenge is recruiting and retaining great talent. Competition to hire and retain the best is stiff, and we don’t expect that to change.