Insights

The Gold Coast is entering into an exciting period of economic growth and diversification. For local companies to truly take advantage of this they will need to re-examine their core offering and embrace the pioneer spirit of the city’s heritage.

Most business people can clearly articulate what a lawyer, marketer or compliance professional does, but ask them to describe the role of a management consultant and you are likely to get a blank look. Primarily operating in the executive corridor of fortune 500 companies, management consultants typically fly under the radar, avoiding the spotlight whilst at the same time being a catalyst for major business change.

Local governments across Australia are under pressure like never before as a new generation of constituents demand higher levels of services and greater flexibility in the way they interact with their local council. Unfortunately, councils are rarely able to respond rapidly to these calls for change as they struggle with the constraints created by a fixed revenue base and ever increasing operating costs.

Gold Coasters benefit from an enviable healthcare and primary healthcare system which supports a world class quality of life. However, transformative changes at required will be required to meet additional demand pressure and rising customer expectations.

Regardless of whether it is an accounting, legal, creative or consulting firm the cause of stalled growth in professional services companies is typically the same: Partners who are so engaged in achieving excellent outcomes for their clients that they spend insufficient time planning for profitable firm growth. Whilst this is intrinsically understandable, it means that much of the hard work of client staff is wasted with project revenues not converting into long term sustainable profitability.