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In 2025, the world of strategy consulting continues to evolve rapidly. Driven by technological disruption, shifting market dynamics, and changing client needs, top consulting firms are reinventing the way they work and compete.
Consulting is a term thats tossed around in boardrooms, business school campuses, and everyday conversation. Yet, what do consultants actually do? Despite common stereotypes and vague assumptions, the consulting profession is multifaceted and demanding. Consulting can be divided into several kinds of work.
The alumni of top consulting firms are part of all types of organizations around the world. Consulting firms like McKinsey, Bain, and BCG can claim world leaders, public company CEOs, heads of non-profits, entrepreneurs and even musicians. Boston Consulting Group. Most Famous & Infamous Alumni.
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My experience at McKinsey early in my career, after working at GE, was the first time I learned both how to receive and give feedback. Do you have a toolkit for businessproblemsolving? The post How To Give Feedback Like A McKinsey Consultant appeared first on StrategyU.
I was taking part in the Basic Consulting Readiness training and talking to my new friend Josh. He detailed how he had decided in high school, after getting into Stanford, that he would work in strategy consulting. I downloaded the book in 2006 to prepare for my consulting interviews.
The mystique of strategy consulting has inspired films such as Office Space and Up In the Air and TV shows like House of Lies. Satire or not, the cliches associated with consulting do have an impact on how consultants are perceived, especially when validated by news reports about rogue consultants and disclosures of consulting debacles.
Think about a problem that you are facing today. “I But if you told a consultant about the problem, they would likely ask you a bunch of questions before saying that. This is a very different problem that needs to be addressed very differently (and reducing your caffeine intake won’t help!).
But I didn’t appreciate how rare that was until working at consulting firms where I found it incredibly hard to do that same level of work. From working with many different organizations as a consultant, I’ve started to notice that the companies that are able to build a culture of excellence all have a few things in common.
In 2012, I was first exposed to the world of freelance strategy consultants while working for a-connect. Test your Commitment : In my career, I’ve often tested out next steps in my career by telling people what that next step might be and then judging both my reaction and theirs. Some of the best advice I got is included here.
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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. Chapter 1: Frederick Taylor: “The System Must Be First”.
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