Gary Sturisky
National Consulting Leader
McGladrey
Q: Where is the firm right now?
A: McGladrey reunified two years ago. As one firm, we're much stronger today. Now, in addition to providing insights and innovative, market-relevant solutions, we're focused on creating an integrated and consistent client experience across our three lines of business—assurance, tax and consulting. We continue to focus on ensuring the highest standards in what and how we deliver. We also continue to invest heavily in our people—in knowledge management, training and the very best in tools.
Several things surprised me: Our growth trajectory exceeded expectations, particularly given the challenging global economic environment. Second, the number of clients we serve who are becoming active internationally has been surprising. We've also made investments in our practice and taken calculated risks that proved even better than we anticipated. This year, we were delighted to increase our number of partners by approximately 18 percent—primarily through internal promotions. And nearly 35 percent of our consulting team received some type of promotion.
Q: What's the firm's outlook for 2014?
A: McGladrey's outlook for 2014 is extremely bullish. Consulting is looking at double-digit revenue growth again this fiscal year (ending April 30). Among our three service lines, Technology Consulting is exceptionally strong, and we're also seeing double-digit revenue growth in Financial and Risk Advisory Services. Our industry program has definitely contributed to our success. We continue to build the intellectual capital and customized methodologies our middle market clients need to transform their businesses and drive growth.
Q: What signs suggest an increase in demand?
A: For the third year in a row, we've seen significant double-digit revenue growth in our three consulting service lines—a clear indication of demand.
Q: What do you see as the biggest opportunities in 2014?
A: We're nimble, and we'll continue to innovate, build and refine industry-relevant solutions to help our clients transform their businesses. Also, within McGladrey we have a huge opportunity to increase teaming across our consulting service lines and with other lines of business, as appropriate.
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