Consulting Quest Recognized By the World Procurement Awards 2018

 

It is with great honor to announce that Consulting Quest has been chosen as a finalist by the World Procurement Awards 2018 in the Best Procurement Consultancy Project Award category.

The World Procurement Awards, in association with SAP Ariba, are the most celebrated and sought-after awards in procurement, representing the best projects, people and organizations across the world. They reward the collective efforts of individuals and teams and are an affirmation of the hard work, innovation and dedication of those at the forefront of this dynamic global profession. 

This year saw a record number of entries from some of the most influential companies across 36 countries for the 12th annual awards. The judges were impressed with the sheer quality of this year’s submissions, commenting that the bar had once again been raised, with innovation at the heart of each project as teams across the globe work hard to position themselves as valuable business partners.

“Making the shortlist of the prestigious Procurement Leaders Awards is a great achievement for our dedicated team at Consulting Quest and an honor to be listed with such illustrious companies. To have an opportunity to potentially win an award of this magnitude only encourages us to push further towards disrupting the status quo in consulting procurement solutions.”

-Helene Laffitte, CEO of Consulting Quest

The winners will be announced at a prestigious awards ceremony on May 17th, 2018 at the Intercontinental London, The O2. The ceremony will bring together over 850 senior procurement professionals together to celebrate their achievements and rub shoulders with the industry’s elite. For the full list of finalists, please visit the World Procurement Awards website.

For more information, check out our full press release here: CQ Recognized By the World Procurement Awards 2018.

About Consulting Quest

Consulting Quest is a global, performance-driven consulting platform founded in 2014 by former members of top 10 consulting firms with the objective of reinventing consultancy performance. With a worldwide presence and a range of proprietary performance measurement tools, we help companies navigate the consulting maze. We work with Consulting Clients to increase their performance through consulting and Consulting Providers to help them acquire new clients and to improve their performance.

CQ Directory Insights – African Consulting Market #4: The Industries

Welcome to the fourth issue of our New Blog Series -the “CQ Directory Insights”. In this series, you will learn “everything-you-need-to-know” about the African Consulting market through a set of fun infographics. In the previous issue, we discussed that the Top Three Capabilities in the African consulting market are Strategy, Human Capital and Operations. The total number of capabilities covered on average is 2.5 and almost a quarter of the consulting firms is specialized in only one capability.

In this issue, we will take a look at the top Consulting industries the region and how they compare to those on a global scale.

The Industries

According to Consulting Quest’s research and data from the Global Directory, the Top Three Industries of the African Consulting market are 1) Financial Services; 2) Health & Life Sciences and 3) Energy & Environment. Interestingly, the consulting offering does not reflect the local needs, which are primarily rooted in Agriculture, Natural Resources and  Financial Services.

In addition, over 14% of the consulting firms in Africa are specialized in one industry, yet the total industries covered on average is 6.3. This finding is congruent with our previous observation that large global Consulting Firms are over-represented in the region compared to the rest of the world. 

This post concludes our series on the African consulting market. In the next series, we will shift our focus to the Consulting market in Asia-Pacific and explore the unique consulting offering there. Stay tuned!

About Consulting Quest Global Directory

Consulting Quest Global Directory is the World’s Largest Professionally-Managed Directory in the Consulting Industry. Searchable by consultancy name or by region, capability or industry, it lists and describes more than 6000 consultancies worldwide, with links to their websites and social media channels. With such a powerful database, we decided to dig deeper into the directory and analyzed the consulting offering in each of the following regions of the world: North America, Europe, Middle East and Africa, Asia-Pacifics and LATAM.

Interested in Seeing More? Subscribe to the Series!

CQ Directory Insights – African Consulting Market #3: The Capabilities

Welcome to the third issue of our New Blog Series -the “CQ Directory Insights”. In this series, you will learn “everything-you-need-to-know” about the African Consulting market through a set of fun infographics. In the previous issue, we discussed that Large Consulting Firms (with 1000+ employees) make up one-third of the consulting firms in Africa. Despite the strong presence of foreign companies in the region, 57% of the consulting firms are in fact only based in Africa, and almost half of the companies have less than 50 employees.

In this issue, we will take a look at the top capabilities of the Consulting Firms in the region and how the figure compares to that on a global scale.

The Capabilities 

According to Consulting Quest’s research and data from the Global Directory, the Top Three Capabilities in the African consulting market are Strategy, Human Capital and Operations. Technology, being the most common capability among large companies (with 1000+ Employees), is the #4 biggest capability in the region, while it is only ranked #6 globally.

The total number of capabilities covered on average is 2.5. Interestingly, however, almost a quarter of the consulting firms in Africa is specialized in only one capability. Niche, local and small consulting firms are on the rise.

In the next issue we will dive into the Industries of the consulting offering and explain how the overall consulting offering is not reflecting yet the local needs.

About Consulting Quest Global Directory

Consulting Quest Global Directory is the World’s Largest Professionally-Managed Directory in the Consulting Industry. Searchable by consultancy name or by region, capability or industry, it lists and describes more than 6000 consultancies worldwide, with links to their websites and social media channels. With such a powerful database, we decided to dig deeper into the directory and analyzed the consulting offering in each of the following regions of the world: North America, Europe, Middle East and Africa, Asia-Pacifics and LATAM.

Interested in Seeing More? Subscribe to the Series!

CQ Directory Insights – #2 – African Consulting Market: The Company Landscape

Welcome to the second issue of our New Blog Series -the “CQ Directory Insights”. In this series, you will learn “everything-you-need-to-know” about the African Consulting market through a set of fun infographics.  In the previous issue, we discussed that the size of the African consulting Industry to be $2.2 billion. Although the size of the market is relatively small from a global perspective, it has grown strongly over the past years, with a 6.3% growth rate. In this issue, we will dive into the sizes of the consulting firms in the region and how they compare to those on a global scale.

 

The Company Landscape

According to data collected from the CQ Global Directory, Large Consulting Firms (with 1000+ employees) make up 29% of the consulting firms in Africa. This figure is significantly higher than the global average, which is estimated to be around 10%, meaning Large Global Consulting Firms are over-represented in Africa compared to the rest of the world.

Despite the strong presence of foreign companies in the region, 57% of the consulting firms are in fact only based in Africa, and almost half of the companies have less than 50 employees. This shows that smaller niche local companies are on the rise.

More insights on why large companies make up one-third of the consulting firms in Africa will be presented in the next two issues, in which we will look into the Industries and Capabilities of the consulting offering in the region.

 

About Consulting Quest Global Directory
Consulting Quest Global Directory is the World’s Largest Professionally-Managed Directory in the Consulting Industry. Searchable by consultancy name or by region, capability or industry, it lists and describes more than 6000 consultancies worldwide, with links to their websites and social media channels. With such a powerful database, we decided to dig deeper into the directory and analyzed the consulting offering in each of the following regions of the world: North America, Europe, Middle East and Africa, Asia-Pacifics and LATAM.

Interested in Seeing More? Subscribe to the Series!

CQ Directory Insights – #1 – African Consulting Market Overview

Welcome to the first issue of our New Blog Series -the “CQ Directory Insights”. In this series, you will learn “everything-you-need-to-know” about the African Consulting market through a set of fun infographics. 

 

 

Know the Market  

In 2016, the Consulting Industry in Africa was valued at $2.2 billion. Although the market is relatively small in terms of size from a global perspective, it has grown strongly over the past years, with a 6.3% growth rate. The African consulting market is bigger in size than many of the European markets such as that of Spain and Italy.

Consulting services can be found in over 30 markets in Africa. The Top 3 Locations with the greatest number of consulting firms are: 1) South Africa, 2) Nigeria and 3) Morocco.  Among these regions, Southern Africa alone makes up around two thirds of the Africa’s entire consulting market.   Africa continues to position itself as an attractive geography with a double-digit growth in West Africa, particularly in Nigeria, and East Africa, benefiting from the reduced attractiveness of the Asian countries.

The African market as a whole is forecasted to continue its impressive growth, thanks to the rapidly growing economy and governmental push on innovation. Despite of being a market with a huge potential, there are risks for consulting business in the region including political stability and difficulty in getting paid.

 

About Consulting Quest Global Directory

Consulting Quest Global Directory is the World’s Largest Professionally-Managed Directory in the Consulting Industry. Searchable by consultancy name or by region, capability or industry, it lists and describes more than 6000 consultancies worldwide, with links to their websites and social media channels. With such a powerful database, we decided to dig deeper into the directory and analyzed the consulting offering in each of the following regions of the world: North America, Europe, Middle East and Africa, Asia-Pacifics and LATAM.

Interested in Seeing More? Subscribe to the Series!