The Talent Exodus: Big Four Professionals Reshape Consulting Landscape

November 4, 2024, 10:30 pm
KPMG US LLP
Service
Location: India, Karnataka, Bengaluru
Employees: 10001+
Founded date: 1987
The consulting world is a chessboard, and the pieces are moving. FTI Consulting and Capgemini Invent are making bold moves, snatching talent from the Big Four. This trend is reshaping the landscape of consulting in Australia, where seasoned professionals are seeking new battlegrounds.

FTI Consulting recently welcomed Natalie Faulkner and Sam Scerri to its Forensic & Litigation practice in Sydney. Faulkner, a former partner at KPMG, steps in as a senior managing director. Scerri, also from KPMG, takes the reins as managing director of the Data & Analytics practice. Together, they bring over 40 years of experience.

Faulkner’s journey began in the UK, where she joined PwC in 1999. She climbed the ranks, spending over a decade as a fraud and forensics director. Her expertise spans investigations and fraud detection across various sectors, including finance and government. Faulkner’s ability to extract insights from complex data sets is her superpower. She understands the pressures businesses face in a regulated environment. Compliance is no longer optional; it’s a necessity.

Scerri’s path is equally impressive. He started in banking, rising to corporate advisory director at ANZ. His transition to consulting saw him at Deloitte and Accenture before landing at KPMG. At FTI, he will lead digital transformations and risk management initiatives. Scerri’s experience with AI-driven solutions positions him at the forefront of technological advancements in consulting.

Meanwhile, Capgemini Invent is on a recruitment spree, pulling in talent from the Big Four. Alon Ellis, formerly of Monitor Deloitte, is now the head of financial services consulting. He’s joined by Nick Bensley and Nicola Redelinghuys, both former Deloitte executives. This influx of talent is not just a numbers game; it’s about expertise and vision.

Capgemini Invent, established in 2018, combines management consulting with digital and creative design. Its growth trajectory is impressive. The firm is redefining how consulting services are delivered. Ellis brings a wealth of experience, having served in various senior roles at Deloitte. His focus on business banking and enterprise strategy will drive Capgemini’s financial services forward.

Bensley’s background in public sector programs adds another layer of depth. His experience in large-scale program delivery will be invaluable. Redelinghuys, with her expertise in energy transition and natural resources, is set to lead significant initiatives in a sector ripe for transformation.

Vanessa Wolfe-Coote, another recent recruit, will lead the public sector practice for NSW. Her extensive background at KPMG and BCG Digital Ventures equips her to tackle the challenges faced by government entities. She understands the intricacies of digital strategy and its impact on public services.

Tristan Masters, the new head of data and AI at Capgemini, brings a unique perspective. His previous roles at EY and KPMG, along with his experience in customer loyalty analytics at Qantas, position him to leverage data in innovative ways. In a world where data is king, his expertise will be crucial.

The migration of talent from the Big Four to firms like FTI Consulting and Capgemini Invent is a clear signal. Professionals are seeking environments that foster innovation and agility. The traditional consulting model is evolving. These new roles are not just about filling positions; they are about driving change.

As businesses grapple with increasing regulatory pressures, the need for specialized expertise is paramount. The new recruits at FTI and Capgemini are not just seasoned professionals; they are change agents. They bring fresh perspectives and a wealth of knowledge to their respective firms.

The consulting landscape is becoming more competitive. Firms must adapt to retain top talent. The shift towards digital transformation and data analytics is reshaping client expectations. Companies are looking for partners who can navigate complex challenges with agility and insight.

In this environment, the ability to harness technology is a game-changer. AI and data analytics are no longer optional; they are essential tools for success. Firms that embrace these technologies will lead the charge in consulting.

The influx of talent from the Big Four is a testament to the changing tides. Professionals are seeking new challenges and opportunities to make an impact. FTI Consulting and Capgemini Invent are at the forefront of this transformation. They are redefining what it means to be a consulting firm in the modern age.

As the chess pieces continue to move, one thing is clear: the consulting landscape is evolving. The talent exodus from the Big Four is just the beginning. New strategies, innovative solutions, and a focus on technology will shape the future of consulting. The game is on, and the stakes have never been higher.