Development of the consulting services market in Ukraine amid contemporary changes

Author:

Fyliuk Halyna1ORCID,Prytula Ihor1ORCID

Affiliation:

1. Taras Shevchenko Kyiv National University

Abstract

The article examines the peculiarities of the consulting services market in Ukraine amid wartime conditions, as well as the influence of external and internal factors on the development of the consulting services market in Ukraine. Additionally, the authors analyze key indicators of the Ukrainian consulting services market based on statistical data and conduct a detailed investigation into how full-scale war affects its development. The article also assesses the business environment's response to unstable conditions, including companies' financial reserves, cost optimization, and management strategies. Special attention is given to the impact of war on the demand and supply of consulting services. It investigates which market segments suffered the most due to the war, how the structure of client requests has changed, and what new requirements have emerged for consulting services. The article thoroughly analyzes the influence of supply and demand factors on the functioning of the consulting services market in Ukraine, based on statistical data, key operational aspects, and regulatory frameworks. It examines the size and main characteristics of the consulting services market, delving into its structure and key participants. Particular focus is placed on evaluating trends in the industry's development and identifying factors affecting its effectiveness. The research employs various methods, including statistical data analysis, expert surveys, and comparative analysis with macroeconomic indicators. Specifically, the study aims to determine the interrelation between the development of the consulting market and economic processes in Ukraine. Based on the findings, patterns of development in the Ukrainian consulting services market are identified, recommendations for strategic planning and improvement of this sector are formulated, and a forecast for its development is constructed. The conclusions of the study may be valuable for professionals interested in the consulting services market in Ukraine, as well as for businesses and governmental entities involved in regulating this industry.

Publisher

West Ukrainian National University

Reference12 articles.

1. According to the State Statistics Service of Ukraine. (2024). http://www.ukrstat.gov.ua/

2. Filyuk, H. M., Pimenova, O. V., and Pimenov, S. A. (2020). Methodological principles of assessing the relationship of the enterprise with interested parties in the process of business model development. Management of organizations and administration: theory and practice. Kyiv: Kafedra.

3. According to the publication "Foreign Trade of Ukraine in 2022" Express release of the State Statistics Service. (2023). https://stat.gov.ua/uk/publications/zovnishnya-torhivlya-ukrayiny-tovaramy-u-2022-rotsi

4. According to the data from management.com.ua resource. (2024). https://www.management.com.ua/consulting/cons002.html

5. Kozachuk, M., and Kunitsky, K. (2023). How to choose quality consulting: red flags and challenges of the field. https://www.epravda.com.ua/columns/2023/04/26/699505.

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