What areas are currently hot in consulting world
Could you please tell me what are major current issues consultants work on?
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big data
healthcare
^Second healthcare. From talking to a few friends currently in their first and second years in consulting, they say healthcare is one of the faster growing industries
third healthcare, lots of work to be done in the next decade +
Healthcare, Supply Chain, SAP Project Management & Implementation are the biggest for us.
On a regional basis, helping with Capital Projects (we doing some projects here that are the biggest in the world) so advising on controlling labour costs (incredibly tough here), project delivery, analyzing logistics etc. are all looked at together as a growth area. Pulling from all the different lines of service but working towards Capital Project Delivery (in the same way you'd look at a big business transformation).
healthcare, data analytics, and possibly a combination of both (think electronic health records, accountable care act etc)
I'll second what everyone above said. Finding ways to use the increasing capacity to analyze data to make better decisions is ridiculously important (i.e. big data). Many people in the consulting firms may not completely understand the mathematics and computer science behind the analysis, while the people they outsource to in India are often not the equivalent top performers. The firm that can digest and analyze big data to generate lasting solutions will have a great advantage in the future.
Similarly, healthcare is quite a vibrant field. As csynic said, the digitization of records and healthcare data is low-hanging fruit. Plus, the impending implementation of the US healthcare law will require many companies involved in related areas to rethink their business strategy and business model.
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