The Monadnock Research Member Network is a community of professionals at the world's largest organizations that are responsible for engaging management and IT consultants and advisory services firms. Community members include consulting procurement category managers, CPO's, internal consultants, project leaders, firm executive contacts, and engagement decision makers. Our mission is to ensure that our members are well informed about consulting industry trends and developments, and that they have the information and resources necessary to maximize value from engagements and strategic firm relationships. Clients responsible for over 40 percent of global management consulting. IT consulting, and advisory services spending read our Consulting Industry NewsWatch weekly!
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Consulting Category Management 2009: Trends & Best Practices (VIII N1)
Monadnock Research conducted a number of interviews with consulting category management executives at leading organizations during 2009. This 150 page report provides details on the trends, best practices, and strategic priorities at 7 organizations with leading consulting category management practices. The report also provides details on the Monadnock Research Value Leadership Framework for consulting category management.. . . more info > > >

US Public Services: 2010 Large Firm Consulting Rates (MR Vol. II, No. 49)
The US General Services Administration (GSA) is the world's largest consulting services procurement organization. This 500 page report provides consulting rate details for all professional levels and consulting categories for more that 125 of the largest providers of management and IT consulting services to U.S. Federal, State, and Local government clients.. . . more info > > >

Consulting Services: Sourcing & Procurement Insights - Insurance & Financial Services (MR Vol. II, No. 45)
Monadnock Research (MR) recently interviewed the Vice President of Global Procurement, the Director of Professional Services, and the Consulting Category Lead of a Fortune 100 international provider of insurance and financial services to discuss their perspectives on the sourcing and procurement of consulting services. Based in the US, these individuals have responsibility for global management consulting service spend. . . more info > > >

Consulting & Professional Services Firm Procurement Practices of Middle-Market Companies (Clemente Comm.)
Forty-five percent of U.S. middle-market companies say the process of "strategic diversification" is a main driver for retaining consultants and other professional services firms, according to the findings of a recent study by Clemente Communications. More than 36 percent rank complications in R&D/new product development as a primary concern, and nearly 33 percent voice fear about delays in new product launches. More than 72 percent of client organizations plan to evaluate three or more firms before making an engagement decision.. . . more info > > >

Consulting Services: Sourcing & Procurement Insights - Financial Services II (MR Vol. II, No. 37)
Monadnock Research recently interviewed the Vice President of Global Strategic Sourcing of a Fortune 500 international provider of financial services to discuss their perspectives on the sourcing and procurement of consulting services.. . . more info > > >

Consulting Services: Sourcing & Procurement Insights - Pharmacuticals and Biomedicine (MR Vol. II, No. 34)
Monadnock Research recently interviewed the senior director responsible for sourcing and procurement of consulting and professional services at one of the world's largest biomedical and pharmaceutical companies.. . . more info > > >

Consulting Services: Sourcing & Procurement Insights - Consumer Goods (MR Vol. II, No. 29)
Monadnock Research (MR) recently interviewed the Sourcing and Procurement Manager for Consulting Services at a Fortune 500 multinational consumer goods company, a leader in virtually every category it serves.. . . more info > > >

Consulting Services: Sourcing & Procurement Insights - Financial Services (MR Vol. II, No. 26)
Monadnock Research in April 2009 interviewed the Global Head of Category Management at one of the world's largest and best-performing financial institutions, operating in more than 170 countries globally, to discuss procurement of management and IT consulting services.. . . more info > > >

Consulting Services: Sourcing & Procurement Insights - High Technology (MR Vol. II, No. 24)
Monadnock Research (MR) interviewed the category leader for management and IT consulting services at one of the world's largest software companies in March 2009 to discuss procurement of consulting services at this software giant that provides products and services to clients globally and controls more than $1 billion in annual consulting spending.. . . more info > > >

Consulting Services: Sourcing & Procurement Insights - Communications (MR Vol. II, No. 23)
This White Paper, the first in MR's CS:SPI Series, profiles the practices of Alcatel•Lucent, a $22 billion Paris-based provider of communication technologies, applications, and services, with approximately 78,000 employees globally.. . . more info > > >

Monadnock Research: Consulting Category Management - Client Roadmap to Value Leadership
Organizations that employ best-in-class practices to manage consulting spending routinely recognize between 10 and 20 percent in annual savings and cost avoidance, and unleash other important sources of untapped value. Realizing those elusive benefits, however, is one of the most significant challenges organizations face today. This Research Note provides an overview of the Monadnock Research stages of excellence for sourcing and procuring consulting services.. . . more info > > >

Monadnock Research: Win-Win Strategies for Negotiating Consulting Fee Schedules
Recent fee research from Monadnock Research and the Wellesley Hills Group indicates that firms have higher rates of 100 percent fee realization at lower levels of their professional ranks. This may actually increase overall project costs by creating an incentive to staff projects with less experienced staff and negatively impact project value. This Monadnock Research Note recommends an alternative negotiation strategy for clients to ensure that engagements deliver anticipated value on-time and on-budget.. . . more info > > >

Monadnock Research: Management and IT Consulting Industry Trends 2009
This Monadnock Research Note discusses ten key trends that will impact buyers and providers of consulting services in 2009 and beyond.. . . more info > > >

U.S. Legislators Continue Push for Client/Consultant Transparency (MR Vol. II, No 4)
The U.S. Senate Committee on Finance's Ranking Member, Charles Grassley, has been an advocate for increased transparency in relationships between consultants and the healthcare and life sciences companies they represent, and plans to re-introduce the Sunshine Act to legislate transparency. His recent efforts target Medtronic, the University of Wisconsin, and one of the world's most prolific orthopoedic physician innovators.. . . more info > > >

Monadnock Research: 2008 Management and IT Consulting Spending by Industry
This Monadnock Research Note provides current estimates for 2008 global management and IT consulting and advisory services spending, with detail on practice area trends and spending by client industry.. . . more info > > >

2008 Fees and Pricing Benchmark Report Series (Wellesley Hills Group)
Monadnock Research partner, the Wellesley Hills Group, has recently published a series of fee and pricing benchmark reports that we have found to be the best source of consulting and advisory services fee and benchmark information for the U.S. marketplace.. . . more info > > >

Consulting Mergers, Acquisitions & Strategic Alliances 2009 (VIII, N3)
This Monadnock Research report profiles 75 of 2009's most significant developments in consulting industry mergers, acquisitions, alliances, and service line changes, drawn from our research archives.. . . more info > > >

Buyers Beware in the Climate Change Business Consulting Boom (Verdantix)
The embryonic climate change business consulting market is set to boom, but buyers must beware of untested offerings and gaps in consulting firms' expertise, according to a new report from Verdantix.. . . more info > > >