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Why McKinsey Will Win In The Age of AI

StrategyU

Big firms are set up to dominate even more… I think AI tools will help firms like McKinsey, BCG, and Bain (though Bain was much later to invest in knowledge management) develop a bigger lead in management consulting. Invest heavily in software solutions to sell ongoing services to existing clients at higher margins. (For

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A Brief History of Strategy Consulting: 100 years from Frederick Taylor to the “Next New Normal”

StrategyU

The history of strategy consulting starts with Frederick Taylor and the Scientific Management movement but took many twists and turns as it evolved into its current state, an industry looking inward and pondering where it fits in the new technology-powered business world. one that would focus on business strategy.

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The Ultimate Guide To “Scoping”: How Consultants Define Problems and Shape 

StrategyU

This is why consulting can feel more like therapy than business problem-solving. This is the value of a consultant, the ability to continue to search for the problem behind the problem. Instead, I turned back to him and said, “Sounds like a talent problem, not a training problem. What do you think?”