Gauteng Business 2017-18 edition
Gauteng Business 2017/18 is the ninth edition of this highly successful annual journal, that has established itself as the premier business and investment guide for the Gauteng province. Special features for 2017/18 include a focus on major new developments in the region’s metros, complemented by detailed overviews of the main economic sectors in South Africa’s most important provincial economy.
Gauteng Business 2017/18 is the ninth edition of this highly successful annual journal, that has established itself as the premier business and investment guide for the Gauteng province. Special features for 2017/18 include a focus on major new developments in the region’s metros, complemented by detailed overviews of the main economic sectors in South Africa’s most important provincial economy.
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OVERVIEW<br />
<strong>Business</strong> services<br />
South African consulting is a leader in Africa.<br />
SECTOR INSIGHT<br />
Consultants advise on a<br />
broad range of issues.<br />
• American and European<br />
firms have offices in<br />
South Africa.<br />
ONLINE RESOURCES<br />
Chartered Institute of Management Consultants:<br />
www.cimcglobal.org<br />
Institute of Management Consultants and Master Coaches of<br />
South Africa: www.imcsa.org.za<br />
South African Institute for Management: www.saim.co.za<br />
Management consulting is an industry that has a history dating<br />
back to the early 1900s. Companies such as McKinsey<br />
and Co and Booz and Hamilton were formed in 1930 and<br />
were based in America. It was only in the early 1980s that<br />
management consulting started developing in South Africa. In the<br />
early 1990s the sector experienced a boom, particularly after the first<br />
democratic elections. Most of the management consulting companies<br />
originating in America and Europe opened offices in South Africa.<br />
These companies were used to align other companies with international<br />
operating standards.<br />
Management consulting is defined by Barkas and Wilkenson as “the<br />
provision of objective and independent advice by qualified people in<br />
order to identify or analyse management problems or opportunities”.<br />
The range of services offered by consultants varies widely but<br />
typically seeks to expose clients to the best practices prevalent in an<br />
industry. Services include process measurement, change management,<br />
development of strategies, analyses of operational efficiency<br />
and customer experience, coaching, assistance with the implementation<br />
of new technology, business<br />
process mapping and business<br />
process reengineering.<br />
The Southern African management<br />
consulting market was estimated<br />
to be worth R15.6-billion<br />
in 2014 (Source: Information<br />
Services). South Africa represents<br />
about 75% of Africa’s consulting<br />
market, but growth in the sector<br />
has been somewhat quicker<br />
in other parts of Africa in recent<br />
years. The management consulting<br />
market reflects the broader<br />
outlines of the South African<br />
economy in this respect.<br />
Today, many small management<br />
consulting companies<br />
offer consulting to a niche set<br />
of customers. Companies such<br />
as PricewaterhouseCoopers,<br />
Deloitte, Accenture, McKinsey<br />
& Company, Bain & Company<br />
and EY are amongst the biggest<br />
consulting firms operating in<br />
South Africa.<br />
With thanks to Draw the Line<br />
<strong>Business</strong> Solutions.<br />
GAUTENG BUSINESS <strong>2017</strong>/<strong>18</strong><br />
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