41_European_Business_Magazine_Summer_2021

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UK CALLS FOR INDEPENDENT CONSULTANTS TO HELP DRIVE PANDEMIC RECOVERY

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usinesses are turning to independent consultants as they look to recover from the pandemic. That’s the view of COMATCH, the curated marketplace for independent management consultants and industry experts, which is reporting a boom in the UK. According to its own data, COMATCH has seen project demand from its UK clients increase over 65% in the first half of 2021, compared to the second half of 2020. The UK market particularly stands out as it is leading the substantive company global growth of 44% over the same period . Further, company revenues in the UK are up 92% for the first half of 2021, compared to 56% globally. But, it’s not just COMATCH reporting a significant rise in the popularity of consultancy services. According to data from the Management Consulting Association, despite COVID,

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the UK consulting market grew +4.5% in 2020, seeing revenues surpass the £12 billion mark for the first time. In accordance with these figures, COMATCH UK reported comparative growth of 100% over the same period. “We’ve seen a very favourable environment created for independent consultants,” said Charlotte Gregson, MD UK & US, COMATCH. “People have demonstrated they can work remotely with the tools and technology to do so effectively. This means that geography is no longer a barrier when it comes to fulfilling projects. As the economic recovery continues, businesses are looking to partner with individuals flexibly to help them bounce back from the past 18 months, and the consultants can take the roles that suit their situation and lifestyle - it’s a win-win.” It’s not just a UK-based trend. COMATCH is helping more clients

globally - and in quicker time - than ever before. This year it reached the 500-projects milestone in April, four months earlier than in the crisis year 2020 and two months earlier than in pre-pandemic times of 2019. The company is also reporting the share of projects matched with female consultants increased by nearly 18% during the crisis compared to pre-pandemic levels. Gregson concluded, “The trend for using consultancy services, and independent consultants especially, is only going to increase. We may have just emerged from the biggest challenge of our time, but we’re about to enter a new test to find talent. Businesses adapting to the new normal are going to need the right person, skills and experience for the job.” For more information on COMATCH, please visit https://www.comatch.com/


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UK calls for independent consultants to help drive pandemic recovery

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