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Engaging the next generation of talent is the big challenge for consultancy firms

Liz Bolshaw

Financial Times

11 November 2014
 

PA’s Lesley Uren, a talent management expert, is quoted in the Financial Times The Business of Consulting special report.

The article addresses technological advances in an ageing workforce and based on this, the recruitment patterns of UK consultancies. The article explains that consultancies are taking a different attitude to recruitment and approaching school leavers and older workers – who are looking for flexible working options – in a more creative way.

Lesley goes on to explain that PA’s technology and innovation centre, which creates technology products as well as providing consulting services, is flirting with the idea of offering its own technology apprentices.

Lesley explains that age has also become a factor, with many firms reporting an increase in mid-career hires: “We have brought in more people mid-career than historically, but it is always a gamble. There is about a 50:50 hit rate,” explains Lesley. 

Focusing on the downturn, when promotion opportunities were no longer available and high flyers hopped from job to job to seek new opportunities, Lesley comments on the effects the financial crisis had on consultancies: “During the financial downturn, not only did some consulting firms shrink, but also the choice of work to do was more limited.”



 

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