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An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
An Overview of the HR Consulting Industry
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An Overview of the HR Consulting Industry

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  • 1. HRD 870 Elizabeth Brown, Tiffany Helms, Reid Johnson, and Jenny Ray
  • 2.
    • The History of Consulting
    • HR Consulting Firms
    • HR Consulting Specialties
    • The Future of Consulting
  • 3. Arthur D. Little, first consulting firm founded in 1886. 1886
  • 4. Independent management consulting firms experienced rapid growth during the Great Depression. 1886 1930’s
  • 5. The Federal Government hires a large number of consultants to streamline civilian production and reorganize the military. 1886 1930’s 1940’s
  • 6. “ The American Challenge” 1886 1930’s 1940’s 1960’s & 1970’s
  • 7. Consulting becomes more complex and specialized. 1886 1930’s 1940’s 1960’s & 1970’s 1886 - Present
  • 8.
    • 1) Top Human Resource Firms:
      • Workforce Management’s “The Hot List”
        • Listing of the Top Human Resource Consultants based on revenue.
        • List has remained pretty constant over past 4 years
  • 9.
    • 2) Local Presence in South Carolina
        • Four of the eight firms in the 2010 “Hot List” have offices in SC
          • Aon, Deloitte, and Mercer have offices located in Greenville.
          • PricewaterhouseCoopers has an office located in Spartanburg.
  • 10.
    • 3) Services provided globally
        • All companies represented in “The Hot List” provide services globally.
        • The number of full-time HR consultants on staff with these companies range from 905 (The Segal Co.) to 11,300 (Deloitte).
  • 11.  
  • 12.
    • Expertise
    • Sourcing, Screening, Interviewing
    • Pre- and Post offer testing
    • Training
  • 13.
    • Expertise
    • Reduction in workforce
    • Mergers and Acquisitions
    • Business closure
  • 14.
    • Expertise
    • Pay plans and Grading Systems
    • Completing market assessments
    • Bonus and Incentive programs
  • 15.
    • Expertise
    • Benefits shopping
    • Writing benefit plans
    • Wellness plans
    • Retirement plans
  • 16.
    • Expertise
    • Organizational development
    • Leadership development
    • Coaching
    • Performance improvement
  • 17.
    • Expertise
    • Union campaigns and negotiations
    • Risk assessments
  • 18.
    • Other HR Consulting Specialties
    • Technology and Systems
    • Strategy and Planning
    • Policies and Procedures
    • Health and Safety
    • Compliance
  • 19.
    • May 2009 – Zacks Investment Researchers had a negative outlook for the business consulting industry due to the recession
      • Prospective clients may delay decisions on whether or not to retain a consultant.
      • Existing clients may find that they can get by without the support of a consultant.
      • Slow customer growth due to tightened budgets.
    • Plunkett Research, Ltd. predicts growth in global consulting industry revenues
      • 2010 revenue is estimated to be ~$345 billion.
        • 11.2% greater than 2009 ($310 billion)
        • 4.5 % greater than 2008 ($330 billion)

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