Consultants to Market Strengths as Demand Grows

Employment market experts have long held that the job situation for temporary help improves before permanent spots begin to appear. If this is true, the market for consultants should be looking up because temp agencies have indicated more demand this year.  In addition, the findings of a survey released by the M Squared Consulting network indicate a better market in 2010 for the “high-​end flexible workforce.”

In general, consultants responded to the survey with the following specific opinions:

  • They anticipate a revenue increase in 2010: 45%
  • Clients are moving forward on projects: 56%

Consultants see the best opportunities this year in the following sectors:

  • Healthcare: 37%
  • Financial Services: 30%
  • Biotechnology/​Life sciences: 29%
  • Professional services: 26%
  • Computers, peripherals, software: 23%
  • Energy: 22%
  • Internet services: 21%

Because of the challenging business environment, clients also expect their consultants to have specific expertise. Here are the management needs predicted to be in demand this year:

  • Cost containment/​reduction: 38%
  • Revenue growth: 28%

As the economic recovery continues, look for more consultants to market their skills and experience in cost cutting and revenue growth as they seek more opportunities in the healthcare and financial services sector.
[Source: M Squared Survey Reveals That Consultants Are Cautiously Optimistic for 2010. M Squared. 24 Mar. 2010. Web. 30 Mar. 2010] 

Kathy Crosett
Kathy is the Vice President of Research for SalesFuel. She holds a Masters in Business Administration from the University of Vermont and oversees a staff of researchers, writers and content providers for SalesFuel. Previously, she was co-​owner of several small businesses in the health care services sector.