2006 – Some thoughts on the future

The Society for Advancement of Consulting has canvassed its global membership and developed a consensus on these business predictions for 2006. Here are several for your consideration:

As the competition heats up for qualified employees, most businesses will struggle to hire first-rate employees. Rather than focusing on increased revenues, many will find themselves spending countless hours convincing mediocre candidates to join their organizations. Smart business leaders, who have taken the time to clearly define their recruitment value proposition, will be well positioned to win the war for talent. -Roberta Chinsky Matuson, Principal, Human Resource Solutions, Northampton, MA.

The most successful organizations will invest in change initiatives that strategically align human capital (their most valuable resource) and learning initiatives with performance and job impact data and ultimately business goals and objectives. This task will be a multiple year project and will serve to vet the appropriate and inappropriate learning activities. The result will be a culture of learning and innovation with improved performance indicators, impact on the job, and the successful attainment of business goals and objectives. -Nathan Greeno, President, Drawing Board Consulting Group, Centreville, VA.

Law firms will see an increase in gross revenues, with several large firms joining the $1 billion “club” for the first time. While sole practitioners and small firm lawyers continue to face economic pressures, profits for the legal community in general will rise again in 2006. -Ed Poll, J.D., M.B.A., CMC, Venice, CA. (Board certified member of SAC as Coach to the Legal Profession)

Business Etiquette: “In today’s competitive business environment manners can make the difference between getting ahead and being left behind. Self-confidence, poise in business and the social graces are as important as job skills.” -Gloria Starr*, President, Global Success Strategies, Inc., Charlotte, NC.

Best wishes for a healthy, happy and prosperous 2006!

Categorized in: Management