Advice: Three trends management consultants need to know about Written by Ian Wylie Tuesday 12 March 2024 Share Share to LinkedIn Share to Facebook Share via email How management consultants can demonstrate impact – plus the latest research on which countries have the biggest consulting sectors Management consultants need to maintain their competitive edge – and that means staying on top of the latest research and thought leadership trends. With that in mind, below we’ve compiled four key insights from the latest issue of Management Consulting Journal (MCJ). Download the latest issue of Management Consulting Journal – and consult the archive. Find out more AI will reshape the management consulting sector Three different papers in the latest MCJ attempt to assess the impact of AI and large language models on management consulting. Seven power skills business consultants need to work successfully alongside AI Where innovation meets risk: Helping your clients to adopt AI and automation Sai Krishnan Mohan shares potential opportunities for management consulting firms, including: helping companies align AI strategy to business strategy training staff in new skills such as “prompt engineering” guidance and counsel on data protection and regulatory compliance data valuation for M&A, investments and other scenarios information security and infrastructure strategies for public sector bodies. Esioze Oarue-Itseuwa predicts that AI will reshape the management consulting sector in the coming five years. AI-powered analytics will accelerate data processing, transforming consultants into interpreters and strategists and internal cost structures for consulting firms may shift from people-centric, to AI-centric. Sharpen your competitive edge with more key insights Login or register below for Free Instant Access Login If you are already registered as a CMI Friend, Subscriber or Member, just login to view this article. Confirm your registration Login below to confirm your details and access this article. Sign in with email Email remember me remember Forget? Please confirm that you want to switch off the "Sign in with email" remember me feature. Yes No Register for Free Access Not yet a Member, Subscriber or Friend? Register as a CMI Friend for free, and get access to this and many other exclusive resources, as well as weekly updates straight to your inbox. You have successfully registered As a CMI Friend, you now have access to whole range of CMI Friendship benefits. Please login to the left to confirm your registration and access the article. Advice Looking for advice and guidance? Whether you are looking for topical tips or information, you can find the latest advice and guidance from the CMI team here. Members See More CMI Members have access to thousands of online learning and CPD resources. Learn more about our membership benefits Join The Community CMI offers a variety of flexible membership solutions, tailored to your needs. Find out more and get involved in the CMI community today.
