The Knowledge@Emory’s European Business Forum has an interesting feature (you can download the PDF here) which talks about the uncertain future of management consultants. Part of the problem is how can the phenomenal growth exhibited by the likes of McKinsey over the past two decades can be sustained in the next two decades? The prevalence of qualitications, the prevalence of consultative skills, business process outsourcing, the geopolitical and economic shift to Asian economies all pose problems. Like a wild animal caught in a trap the management consultancies will gnaw off their own limbs to sustain their economic growth, branding consultants, marketing strategists, corporate communications and PR businesses should all be very afraid the Brooks Brothers thugs are coming and they won’t play nicely.
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