Big Four take on the consultants

Excerpt from article in BRW magazine Feb 25 – Mar 31, 2010, quoting Reece Adnams:

“Big four accounting firms are gaining ground in management consulting engagements and inching closer to the heartland of strategic consulting firms such as McKinsey…

“The survey of 1700 respondents conducted annually by Melbourne research and consulting firm Beaton shows PricewaterhouseCoopers, KPMG, Deloitte and Ernst & Young refining their skills in change management and strategic engagements…

“While traditional management consulting firms are on aggregate outperforming the big four, the latter are definitely closing the gap,” Beaton chief executive Reece Adnams says.

“He says the research vindicates the recent investments by big four firms to bolster their capabilities in this field.”

A key chart we’ve produced highlights this:

MC chart Feb2010

The data is from Beaton Benchmarks – a performance and brand tracking study conducted annually by Beaton.

People.Productivity.Planet website launched

Check out the new People.Productivity.Planet website produced by WellmarkPerspexa.

The site features articles by Beaton people, and will also be the site for dissemination of the results of the pro bono sustainability study results that Beaton is collaborating with Rob Moodie and Grant Blashki at the Nossal Institute for Global Health at the University of Melbourne on. Check back at the site in April to join in the discussion about the results.

The driven persuaders

Extract from article in BRW magazine 11 Feb 2010, quoting Margaret Beaton:

“Herding cats is an overused but apt analogy, says organisational psychologist and principal of management consulting group Beaton Global, Margaret Beaton. ‘In a partnership you can never make a leadership call and assume it will be automatically accepted,’ she says. ‘You have to get all these ego-driven smart people, who think they know it all, on board to follow you. You’ve got to be politically astute, persuasive and develop counselling and negotiations skills you’ve never had before. You’ve certainly got to be aware of your style, because you often have to modify it in order to deal with different partners with different styles. That’s part of your ability to persuade and influence.”

Joel Barolsky talks about pro bono

In the latest edition of Give Now News, Joel Barolsky talks about Beaton’s approach to pro bono work:

GiveNowNewsEd1-2010

“The firm’s pro bono program has two key elements. The first is a zero fee “consultancy” project for a communitybased organisation where the firm can apply its skills and resources to make a big impact. The second aspect of the Beaton’s pro bono program is a research study for community benefit.”

Why professionalism is still relevant

Some months ago Don Larkin, President of Professions Australia, asked if I would share my thoughts on professionalism in today’s world with him. Don’s invitation and a serendipitous visit to Oxford University led me to write this essay on why I believe the professions are still relevant, but threatened, in our society. It is written from a global perspective and in some ways represents a personal philosophy.

I hope you find the work thought-provoking.

Click to download: Why Professionalism is still relevant by George Beaton

George Beaton in The Australian 18 Dec 2009

The challenge of the financial crisis may be over, but law firm consultant George Beaton is warning firms against complacency as numerous new threats loom next year.

Read more: http://www.theaustralian.com.au/business/legal-affairs/outsourcing-legal-work-heads-list-of-challenges/story-e6frg97x-1225811530022

Why some firms fly

In December 2009, I shared my experience over 25 years in consulting to professional service firms at our final First Movers seminar for the year. The response was overwhelmingly positive, so I thought I’d share the key takeouts.

Why some firms fly – reason #1:

Very few firms have or can develop true structural advantages, i,e. most firms are at parity with their competitors in what they offer to a given market, so can’t differentiate themselves by what they do or who they serve. Firms that fly find competitive advantage in how they conduct themselves, not in what they do.   [ Read more ]

The Big (Legal) Picture video

Beaton has produced a video highlighting the rise and rise of the legal profession, and what the future holds in a global commoditised market. Featuring fascinating statistics on the past, present and future of law, it’s a wake-up call to law firms everywhere.

A couple of our law firms friends, after watching the video, asked us the inevitable question… ‘OK, so what do we do about it?’

Innovation seminar in Sydney 3 Dec 2009

In early December, Beaton hosted a seminar on Innovation in Legal Services Delivery for senior in-house legal. The feedback was outstanding, so we’ve posted links of all the presentations in pdf:

I have also added a paper on legal process outsourcing by Graham Jefferson of Deutsche Bank:

Joel Barolsky made Senior Fellow at Melbourne Law School

Beaton’s Joel Barolsky has been made Senior Fellow at Melbourne Law School for 2010.

Joel teaches the very popular Professional Service Management – Business and Management Fundamental for Lawyers and Service Professionals course for post-graduate students.

For more information, visit: http://www.law.unimelb.edu.au/index.cfm?objectid=F9D2D075-B0D0-AB80-E2BC989969E28989&username=Joel%20Barolsky or see Joel’s profile on the Beaton website: http://www.beatonglobal.com/Joel_Barolsky.htm