Under new management: Improving demand conditions have fueled increases in the workforce

The Management Consulting industry in Wisconsin has expanded modestly over the five years to 2018. Favorable operating conditions such as an improving state economy and expanding number of state businesses have supported the industry's growth during the current period. Overall, industry revenue in Wisconsin is anticipated to rise at an annualized rate of 1.8% during the five-year period to total $2.6 billion. Strong demand for consulting services and the industry's relative ease of entry have encouraged growth in new operators over the past five years, with the number of industry enterprises expected to grow an annualized 2.6% over the five years to 2018 to 9,427...purchase to read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 13-18
1.8%
Forecast Growth 18-23
Profit
Employment
18,993
Businesses
9,510

Industry Threats & Opportunities

  • Manufacturing industries comprise the industry’s largest customer market
  • Industry Report - Industry Investment Chapter

    ***This section is not used for US State reports***...purchase to read more.

    Additional Insights for the Management Consulting in Wisconsin Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Management Consulting in Wisconsin Industry are

  • Ability to compete on tender
  • Well-developed internal processes
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Corporate profit and Government consumption and investment in the Management Consulting in Wisconsin industry impact industry performance..

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    What's in this report

    What is the Management Consulting in Wisconsin Industry?

    Management consultants advise businesses, nonprofits and public-sector agencies in the following areas: organizational design, human resources, corporate strategy, information technology strategy, marketing and sales, finances and logistics. This industry excludes establishments providing day-to-day administrative services and establishments that are concentrated in recruitment, training, public relations, market research, engineering design, computer systems design and investment advice.

    Industry Products
  • Corporate strategy
  • Marketing and sales
  • Process and operations management
  • Human resources advisory
  • Financial advisory
  • Other consulting services
  • Industry Activities
  • Actuarial, employee benefits and compensation consulting services
  • Administrative and general management consulting services
  • Marketing consulting services
  • Process and logistics consulting services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Corporate profit
  • Government consumption and investment
  • Consumer Spending in Wisconsin
  • Number of businesses in Wisconsin

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Management Consulting in Wisconsin Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Utilities
  • Manufacturing
  • Finance and Insurance
  • Healthcare and Social Assistance
  • Public Administration

  • Key Selling Industries
  • Commercial Leasing
  • Computer Stores
  • Office Supply Stores

  • Products & Services
  • Other consulting services
  • Marketing and sales
  • Process and operations management
  • Corporate strategy
  • Human resources advisory
  • Financial advisory
  • Chart: Management Consulting in Wisconsin Industry Products and Services Segmentation

  • Major Markets
  • Consumer products and manufacturing companies
  • Government organizations
  • Financial services companies
  • Other private businesses
  • Technology and media companies
  • Individuals and nonprofit organizations
  • Chart: Major Market Segmentation for the Management Consulting in Wisconsin Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Management Consulting in Wisconsin

  • Basis of Competition
    Barriers to Entry
    Accenture PLC, PricewaterhouseCoopers LLP, Deloitte Touche Tohmatsu LLC, Marsh & McLennan Companies Inc.,
  • Table: Accenture PLC - financial performance
  • Table: PricewaterhouseCoopers LLP - financial performance
  • Table: Deloitte Touche Tohmatsu LLC - financial performance
  • Table: Marsh & McLennan Companies Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Management Consulting in Wisconsin Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Management Consulting in Wisconsin Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Corporate profit (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Defined Benefit Pension Plan
  • A retirement pension plan in which an employer commits to paying its employee a specific benefit for life beginning at his or her retirement.
  • Defined Contribution Pension Plan
  • A retirement pension plan in which an employer's annual contribution is specified. The value of future benefits at the time of retirement is not specified.
  • Human Resources Consulting
  • The contracting of a consultant for advice on structuring human resource and personnel policies, employee benefits, compensation systems and wage and salary administration.
  • Management Consultant
  • A consultant who provides advice and assistance to businesses and other organizations on various issues, including management.
  • Strategic Consulting
  • The contracting of a consultant to advise on long-term planning with an eye toward minimizing costs and maintaining profit, often in conjunction with the development of new products and services.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Management Consulting in Wisconsin Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Management Consulting in Wisconsin industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Management Consulting in Wisconsin:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Management Consulting in Wisconsin market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Management Consulting in Wisconsin, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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