By Mike Kennedy
There is ongoing concern that consultants are leaving the consulting profession for industry roles. Consulting magazine recently conducted some research to lend insight to this concerning trend. Consulting 's study examined key drivers of staff attrition and retention in the consulting industry. The study provides evidence that voluntary attrition (consultants leaving of their own accord) is now higher than before the recession. This is staggering and highlights the need for firms to better understand how people are driven in order to forecast the most likely defectors and pre-empt attrition to retain their top performers.
Analytics can provide critical insight into solving this difficult problem of losing consultants to industry. What follows are two actionable and cost saving recommendations to consider:
