Jan. 13, 2017 | In the Media

2017 Executive Outlook

2017 Executive Outlook
Kevin McCarty, President and CEO of West Monroe, shares a look back at 2016 and look forward into 2017. 

1) As we close out 2016, can you sum up where your firm is today? 
With revenues up 26 percent, 2016 was another solid year of profitable growth for West Monroe Partners. We have been able to capitalize on a very sound market strategy set several years ago and on previous investments in our office network, talent, and infrastructure that have provided us with a stable platform on which we can continue to grow rapidly.

2) How would you describe your firm’s outlook for 2017? 
I expect 2017 to be another solid year with good growth potential. Despite divided election results, the economy continues strengthen—and that bodes well for our business. We will continue to focus on the core industries, practices, and geographies that have been driving our growth for the past few years—leveraging those strengths to innovate to address clients’ complex and evolving business issues. 

3) What impact will the presidential election have on 2017? Have you made any strategic decisions for next year based on the results? 
I believe it is too early to assess the impact of the election on our business in 2017. We will, of course, monitor developments and economic conditions closely. Change of any sort drives consulting needs, particularly in key industries where we are strong, such as healthcare, banking, private equity, and energy and utilities. If changes do materialize, we will be ready to help our clients to adapt.

4) What do you see as the biggest opportunities for your firm in 2017? What do you see as the biggest challenges?
Simply stated, our biggest opportunities will come from remaining focused on our strategy, executing it well, and maintaining the key qualities that make West Monroe unique—including our culture and collaborative style. If we do those things well, then we will help our clients accomplish great things in the next year. And when we do that, we open doors to the next exciting new opportunities.

To read the full article as it appeared in Consulting magazine, click here.

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