The consulting market in Brazil in 2014



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sample COPY Consulting Market Programme The consulting market in Brazil in 2014 Including market sizing data, growth rates, current market trends and forecasts

Contents Executive summary 3 Methodology 4 Definitions of sectors and services 5 Contributors 6 Market overview and prospects for growth 7 Hopes dashed and uncertainty deepened 7 Major themes 9 Down to the wire 9 An own goal for business 10 From growth to efficiency 11 The changing client-consultant relationship 13 The sales process and the value formula 13 Services 16 Technology 17 Operational improvement 19 Financial management and risk 21 Strategy 23 HR and change management 25 Sectors 27 Financial services 28 Manufacturing 30 Public sector 32 Energy and resources 34 Retail 36 Services 38 Technology, media, and telecoms 40 Healthcare 42 Pharma and biotech 44 Consulting firms 46 Competitive landscape 46 Performance by segment 47 Type A 47 Type T 48 Type S 48 Type P 48 Type M 48 About Source 50 2 SAMPLE COPY

Methodology This report is based on gathering primary data from consulting firms: Our definition of management consulting includes a broad range of business advisory services, but excludes: tax advisory; audit; the implementation of IT systems; the delivery of outsourced/offshored services; and HR compensation/ benefits administration and technology. Where mergers and acquisitions work is concerned, consulting on deals is included (under strategy), but corporate finance fees on deals themselves are generally not included although it is not always straightforward to separate the two. The quantitative data contained in this report focuses on consulting done by mid-sized and large-sized consulting firms (those with more than 50 consultants) and typically includes work they have carried out for mid- and large-sized clients. It therefore reflects the addressable market for the majority of mid- and large-sized consulting firms, as most would not seek or be able to compete with very small firms and/or freelance consultants. We should emphasise that there are no standard sources of definitions of data within geographies let alone between them. We are, however, confident that the richness of our qualitative data, combined with Source s unparalleled industry expertise, means that our analysis fairly and accurately reflects the state of the market. We interviewed 24 very senior (typically the most senior person in their country) consultants from most of the leading consulting firms in the country and many smaller local specialists. Our model (which we use to size the industry and its growth rates) is based on data from more than 66 firms in Brazil with more than 50 consultants. Please note that our 2012 baseline figures have changed due to the implementation of improvements to our research methods (we are happy to provide subscribers with a restated set of 2012 baseline figures should this be of interest). 4 SAMPLE COPY

Definitions of sectors and services Sectors Energy and resources Financial services Manufacturing Pharma and biotech Healthcare Public sector Retail Services Technology, media and telecoms Sub-sectors Includes utilities Includes banking, insurance, investment and capital markets Includes construction Includes publicly-funded healthcare Includes federal/central and state/regional/local government, state-owned organisations and education. Excludes healthcare Includes business and consumer services, real estate, professional services and transportation Services Sub-services Financial management Responding to regulation and risk Finance function Budgeting/financial planning process IT risk operational risk Financial risk Programme risk HR and change HR strategy and effectiveness management Benefits, compensation and pensions Change management Internal communications organisational design and culture stakeholder management team effectiveness and collaboration leadership and governance Performance management talent management/training and development Operational improvement Business continuity and recovery knowledge management lean and Six Sigma Property and estate management Quality and performance management supply chain management Cost-cutting Innovation M&A integration Managing quality Post-M&A integration Process design and re-engineering Procurement/purchasing research and development Benchmarking Services Strategy Technology Sub-sectors Distribution strategy environmental, sustainability and CSR operational review Business and financial modelling Corporate re-structuring Corporate recovery and turnaround Corporate strategy Market analysis and strategy Market research Policy formulation strategic sourcing/ offshoring strategy Due diligence and valuation Infrastructure/asset financing and management, PFI Mergers and acquisitions Customer service new product development Branding Marketing and channel management Customer relationship management Pricing sales force effectiveness Category management sales and distribution planning erp consulting IT training application of new technology Hardware/software selection IT design and build IT strategy, planning and review IT testing and integration Management information and business intelligence technology and security risk services Hardware/software and systems implementation requirements definition Web and internet consulting Project and programme management (eg where consulting firm has been engaged to run a specific project which it is otherwise not involved in) SAMPLE COPY 5

Contributors We are extremely grateful to all the people we spoke to for making this report possible. Below is a list of the individuals that have contributed from consulting firms (some consultants choose to remain anonymous). Name Job title Firm Alan Steelman Vice Chair alexander Proudfoot Alberto Messano President for South America solving Efeso Alessandro Laudares Partner, Brazil office oc&c Strategy Consultants António Bernardo Member of the Global Executive Committee Roland Berger Strategy Consultants Carlos Gatti Head of Advisory kpmg Cristiane Amaral south America Performance Improvement EY learder Advisory David Krucik london Managing Partner oc&c Strategy Consultants Eduardo Saggioro Managing Partner Visagio Fatima Marques Managing Director LATAM Hay Group Federico A. Servideo Consulting Leader PwC Fernando Fleider Partner ICTS George Borinski technical Director srk Consulting Henrique Marcondes Brazil Director sintec Hugo Ribeiro owner Integration Manuel Osorio Managing Partner, Latin America simon-kucher & Partners Marcelo Gil Souza LATAM Lead, Accenture Strategy accenture Natália Cabrini senior Vice President kaiser Associates Otavio Maia advisory Leader PwC Patrick Romano Partner, Head of EMEA & LATAM Deallus Consulting Robert Edwards Managing Director, Latin America turner & Townsend Roberto Zegarra senior Vice President Marsh Saul Attie Managing Partner Value Partners Sérgio Honório de Freitas Business Director Falconi Silvana Machado Managing Director South America a.t. Kearney 6 SAMPLE COPY

CONSULTING MARKET Programme SPECIALISED RESEARCH AND ADVICE DATA MINING AND ANALYSIS CANS STRATEGIC PLANNING PROGRAMME PROGRAMMES CONSULTING MARKET 2014 Consulting Market Programme research schedule * ERCEPTION CLIENT AMME SIGHTS Reports for different regions vary in length but the content includes: Overall description of the market in the region Data for the consulting market, by sector, service and segment High-level breakdown by geography within region Discussion about the current state of, and prospects for, the consulting market by sector, service and segment, combining the feedback of consultants WHITE SPACE THOUGHT LEADERSHIP REVIEWS STRATEGY BRIEFINGS AND CAPABILITY DEVELOPMENT Analysis of the key challenges and opportunities in the market Feedback from clients about individual firms (in selected regions) Growth forecasts January March April May June July September October UK Gulf Cooperation Council (GCC) Nordics France Benelux germany, Switzerland, Austria (DACH) USA Eastern Europe, Russia southern Europe Australia Africa India China Please note that this content is subject to slight changes and amendments Brazil * Source have produced three additional country reports in the autumn of 2014 covering Mexico (free report), Turkey and South East Asia. Please contact Alice Noyelle (details below) for further information. For information about the products or services available from Source, please contact: UK and Europe Alice Noyelle +44 (0)203 700 5462 alice.noyelle@sourceforconsulting.com Middle East Jodi Davies +971 52 989 5224 jodi.davies@sourceforconsulting.com USA Alice Noyelle +44 (0)203 700 5462 alice.noyelle@sourceforconsulting.com

About Source Source Information Services Limited (Source) is a leading provider of information about the market for management consulting. Set up in 2007 with offices in London and Dubai, Source serves both consulting firms and their clients with expert analysis, research and reporting. We draw not only on our extensive in-house experience, but also on the breadth of our relationships with both suppliers and buyers. All of our work is underpinned by our core values of intelligence, integrity, efficiency and transparency. Source was founded by Fiona Czerniawska and Joy Burnford. Fiona is one of the world's leading experts on the consulting industry. She has written numerous books on the industry including: The Intelligent Client and The Economist books, Business Consulting: A Guide to How it Works and How to Make it Work and Buying Professional Services. For further information please visit www.sourceforconsulting.com Source Information Services Ltd and its agents have used their best efforts in collecting the information published in this report. Source Information Services Ltd does not assume, and hereby disclaims, any liability for any loss or damage caused by errors or omissions in this report, whether such errors or omissions result from negligence, accident or other causes. 18 King William Street London EC4N 7BP Tel: +44 (0)203 700 5461 PO Box 340505 Dubai United Arab Emirates Tel: +971 (0)52 989 5224 Email: info@sourceforconsulting.com www.sourceforconsulting.com