Management consulting is one of the last industries to face disruption in the digital age. While the top-tier firms may have the client base and reputation to continue employing the traditional consulting business model, many small and mid-sized firms are challenged by the new climate technology has created.
The best of the best consultants do not just ask clients to rate their satisfaction and challenges. They do not just engage for the sake of engaging. They go beyond the business metrics.
Consulting frameworks are an important tool for management consultants. Well-known frameworks are taught in business schools, and they frequently play a major role in the consultant hiring process during case-based interviews.
We’ve written previously about why it is imperative for consultants to accelerate their client discovery methods in order to meet evolving client expectations.
When you ask your manager, peer, or client for feedback, have you ever received a response that goes something like this:“This document looks good, but…?”
In today’s fast-paced business world, the expectation that businesses can perform more rapidly is ubiquitous. The consulting industry is no exception; with a plethora of digital tools available to enhance traditional business functions, consulting clients are demanding greater ROI at greater speed.
Boutique consulting firms, or firms that operate within niche markets, are attractive to many in the consultant community. The more close-knit culture, focus, and flexibility they afford provide a welcome change to the hierarchy and bureaucracy of many larger firms.
When a company leader determines the company needs a third party to analyze its operations or advise it around strategy, that leader frequently seeks out consultants to help.
Unless you were hiding under a rock, you are probably aware that people analytics has emerged as a big piece of the business data landscape – not just in HR departments, but across organizations!
The lack of digitally enabling processes means the industry is ripe for transformation. So far many consulting firms are in the nascent stages of the journey, 9Lenses’ Digital Transformation in Consulting Ebook explores how the industry is beginning to digitally change in response to trends and advice they offering their own clients.