Digital disruption, uncertain economic conditions, and increased competition have created a fresh array of challenges.
The professional services industry offers specialist services to businesses and consumers, ranging from consulting and advisory services to legal and IT services, and a wide variety of other business services. Clients expect professional services firms to have leaders and consultants with skills which are aligned with their own business needs, and client expectations are increasing.
They expect more value, more transparency, faster delivery and higher quality of solutions. Global growth in the professional services sector for the four years up to 2020 stands at 5.4%, and competition for talent which offers a competitive edge is more intense than ever.
Those leaders and specialists who provide their clients with an edge, are in high demand and short supply.
What’s more, the culture of professional services firms is often unique and highly nuanced. Hanover’s team understands that complexity and what it takes to navigate sophisticated firms while meeting client-facing demands.
We have a record of partnering with and advising firms in the legal, accounting, IT & digital services and broader financial services consulting sectors.
Hanover is itself part of the professional services landscape.
We understand that human capital is the most critical point of competitive advantage. We recruit partners, senior and specialist consultants, as well as those that comprise the management infrastructure of professional services firms. This includes Chief Executive Officers, Chief Financial Officers, Chief Operating Officers and General Counsel.
Our consultants have a deep understanding of the nuances and commercial challenges which have a bearing on the culture, structure and leadership ethos of these firms. Many of our professional services clients are global, and our international presence allows us to support them in local and cross-border searches, succession planning and the provision of value-adding market insights.