In July 2016, Universal Consulting will turn 22. It is a great feeling; a juxtaposition of maturity, confidence, energy and enthusiasm.
We are just as eager as before to help our clients meet the exciting challenges of the next 20 years - and beyond.
The Early Years (1994 - 2000)
UC was founded in 1994, with an initial cash investment of Rs 50,000 (USD 1,000) and a desire to provide high quality management consulting services with a focus on execution. The first project commenced on July 4th, 1994. Every year, on this day, UC celebrates its anniversary.
India had just liberalised and opened up the economy. A vast number of medium-sized businesses were suddenly facing severe competitive pressures. There were opportunities for some, though for many, it was a fight for survival.
Our clients during the early years were medium-sized enterprises grappling with issues of change and improvement. The early years witnessed a number of "operations improvement" and "organisation structuring" projects as clients were on a cost reduction drive, to be better positioned to deal with the competitive pressure resulting from economic liberalisation.
Our clientele expanded between 1997 and 2000. Clients were no longer just medium-sized companies and a number of large clients began to engage UC. UC also began to build its international experience. We were engaged on assignments overseas in North America, the Middle East, Africa and the Far East.
The Middle Years (2001 - 2010)
In the first decade of the new century, the world was rocked by the internet and technology crash and it was gripped in a recession. Slowly, growth re-emerged.
Clients, having completed operations and organisational improvement initiatives in the 90's, were closely evaluating their future strategic direction and actively began to seek UC's services in the area of growth strategy.
The Latter Years (2010...)
Post the Global Financial Crisis of 2008, India began to suffer a series of intrinsic backlashes due to poor governance. During this phase, our clients focused on their operations improvements and on reducing costs, with an emphasis on the execution of our recommendations. The dramatic general elections of May, 2014 left the vistas even more conducive to growth.