The UK office of Wavestone has unveiled an ambitious growth strategy – the management and technology consultancy plans to hire 100 consultants in the coming 2-3 years.
Rebranded in July last year, following the merger between Solucom and parts of Kurt Salmon’s business, Wavestone is an international management consulting firm with a team of over 2,500 consultants in four continents. The consultancy provides a range of management and IT advisory offerings, serving corporates, multinationals, and public sector organisations.
After completing the rebranding, the firm’s leadership set out a bold new strategic vision aimed at establishing Wavestone as a top-tier international consulting brand by 2021. The strategy builds on a number of growth pillars, including accelerated growth in existing markets, market entry into new consulting segments and the opening of new offices. Analysts also expect inorganic growth to be on the agenda – Wavestone has in recent years completed acquisitions in France (several), the UK (London-based Hudson & Yorke) and Switzerland (Geneva-based Arthus Technologies).
As part of the firm’s expansion drive, Wavestone has also set ambitious targets for its UK business, says Harry McDermott, CEO of Wavestone UK. “To meet a growing demand, we are seeking to expand our UK consulting team, with the aim of hiring an additional 100 consultants in the next 2-3 years.” The firm’s offerings in the UK consulting market – an industry assessed to be worth more than £6.5 billion – aims to mirrors its parent organisation, yet the immediate focus lies on three primary service lines:
- Digital & IT Strategy
- Digital & Emerging Technology
- Cybersecurity & Digital Trust
Against the backdrop of strong market fundamentals, the likes of the Big Four and other mid-sized consultancies are also ramping up consulting teams and investing heavily in their digital and cybersecurity capacities, among others. Asked about how he believes Wavestone sets itself apart towards clients, McDermott remarks, “There is a great pool of intellectual capital, skills and capability within the Wavestone group; we work collaboratively and seamlessly across sectors and geographies to share knowledge and innovate for our global clients, seamlessly turning strategy into action.”
He further highlights the firm’s established track record (“we have over 25 years of valuable legacy in delivering business transformation”) and points at what he believes is a “different” approach that the firm brings to the table. “The industry needs a consulting brand that offers something new and really understands how the emerging technology landscape can shape new business models. Our ability to provide trusted advice on complex business and technology transformation issues, and convert strategy into action, sets Wavestone apart as a valued consulting partner for our clients.”
Wavestone’s UK office have already started a recruitment drive for the new consultant roles lined up for 2017’s growth, with several positions currently being sought for, including (senior) consultants in the area of Digital Transformation and Cybersecurity & Digital Trust. “We are always keen to hear from experienced consultants with client facing experience who are determined to further develop their consulting skills and are ambitious about their career. Wavestone provides the opportunity to make your mark in the UK team and contribute towards shaping the future evolution of the UK business”, comments McDermott.
He concludes, “2017 heralds the launch of an exciting phase of growth for our UK business and we are keen to attract ambitious experienced consultants that can deliver an outstanding service to our clients.”