Consulting during the coronavirus in the light of an empirical survey in Hungary

Relatively little accurate information about management consulting and its market is available to interested readers. Therefore, in this article, we are committed to presenting the most important global trends from various sources, analyzing the main features of the development of the European, Cent...

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Main Authors: Szeiner Zsuzsanna, Kovács Ádám, Zsigmond Tibor, Poór József
Format: Article
Language:English
Published: University of Novi Sad - Faculty of Economics, Subotica 2021-01-01
Series:Strategic Management
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2021/1821-34482104004S.pdf
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author Szeiner Zsuzsanna
Kovács Ádám
Zsigmond Tibor
Poór József
author_facet Szeiner Zsuzsanna
Kovács Ádám
Zsigmond Tibor
Poór József
author_sort Szeiner Zsuzsanna
collection DOAJ
description Relatively little accurate information about management consulting and its market is available to interested readers. Therefore, in this article, we are committed to presenting the most important global trends from various sources, analyzing the main features of the development of the European, Central and Eastern European, as well as the Hungarian consulting markets. Among several other industries, the consulting sector has been affected negatively by the emergence of corona crisis. Consulting, characterized by stable growth and expansion before the pandemic, is estimated to have declined by 17-18 percent in 2020. However, different experts agree that consulting industry will recover faster from the current crisis than before. The pandemic has caused radical changes in the way we work and communicate, and consultants are ready to keep with the flow. One of the key questions of our empirical study in Hungary was the extent to which each consulting organization experienced an economically negative situation, the areas where there was a decrease or an increase, and the extent to which they see new opportunities for the future. Based on the results obtained, we found that the examined organizations were negatively affected by the crisis in terms of sales and services, but a significant part of the organizations also see new opportunities in the current situation for the future.
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spelling doaj.art-7695401c5f8a4ceda57e49b77a3928d52022-12-22T01:42:24ZengUniversity of Novi Sad - Faculty of Economics, SuboticaStrategic Management1821-34482334-61912021-01-0126441410.5937/StraMan2104004S1821-34482104004SConsulting during the coronavirus in the light of an empirical survey in HungarySzeiner Zsuzsanna0Kovács Ádám1Zsigmond Tibor2Poór József3J. Selye University, Komárno, SlovakiaJ. Selye University, Komárno, SlovakiaSelye University, Komárno, SlovakiaSelye University, Komárno, SlovakiaRelatively little accurate information about management consulting and its market is available to interested readers. Therefore, in this article, we are committed to presenting the most important global trends from various sources, analyzing the main features of the development of the European, Central and Eastern European, as well as the Hungarian consulting markets. Among several other industries, the consulting sector has been affected negatively by the emergence of corona crisis. Consulting, characterized by stable growth and expansion before the pandemic, is estimated to have declined by 17-18 percent in 2020. However, different experts agree that consulting industry will recover faster from the current crisis than before. The pandemic has caused radical changes in the way we work and communicate, and consultants are ready to keep with the flow. One of the key questions of our empirical study in Hungary was the extent to which each consulting organization experienced an economically negative situation, the areas where there was a decrease or an increase, and the extent to which they see new opportunities for the future. Based on the results obtained, we found that the examined organizations were negatively affected by the crisis in terms of sales and services, but a significant part of the organizations also see new opportunities in the current situation for the future.https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2021/1821-34482104004S.pdfmanagement consultancytrendscentral and eastern europeimpact of covid-19 on consultinghungary
spellingShingle Szeiner Zsuzsanna
Kovács Ádám
Zsigmond Tibor
Poór József
Consulting during the coronavirus in the light of an empirical survey in Hungary
Strategic Management
management consultancy
trends
central and eastern europe
impact of covid-19 on consulting
hungary
title Consulting during the coronavirus in the light of an empirical survey in Hungary
title_full Consulting during the coronavirus in the light of an empirical survey in Hungary
title_fullStr Consulting during the coronavirus in the light of an empirical survey in Hungary
title_full_unstemmed Consulting during the coronavirus in the light of an empirical survey in Hungary
title_short Consulting during the coronavirus in the light of an empirical survey in Hungary
title_sort consulting during the coronavirus in the light of an empirical survey in hungary
topic management consultancy
trends
central and eastern europe
impact of covid-19 on consulting
hungary
url https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2021/1821-34482104004S.pdf
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