The article explores the potential impact of artificial intelligence (AI) on the consulting industry, particularly focusing on whether AI could replace traditional consulting firms like McKinsey & Company. It discusses the rise of AI-driven platforms and tools that offer data analysis, problem-solving, and decision-making capabilities comparable to those of human consultants.
Itochu and BCG are collaborating on AI-powered consulting in Japan. They aim to combine BCG's consulting expertise with Itochu's data and AI capabilities to offer innovative solutions to Japanese businesses.
The partnership reflects a growing trend of integrating AI into traditional consulting services, leveraging data analytics for strategic insights. This collaboration seeks to enhance efficiency and effectiveness in business decision-making processes, potentially transforming the consulting landscape in Japan.
The novel coronavirus COVID-19 has impacted the consulting industry in ways that seem potentially ruinous. But do not lose hope. Yes, consultants are used to traveling a lot, and widespread travel restrictions make that impossible. And much of consultancy work is done face-to-face in internal and client meetings, which can’t be done when gatherings are prohibited. There is also the fear that businesses will suspend contracts in the economic downturn.
In this lesson, you will give an overview of the interview and work on guiding it in the direction you choose.
This lesson will show you how to end on a strong note.
This lesson will help you deal with hypothetical questions and discussions.
This lesson will show you how to dig deeply into one point.
This lesson will help you respond naturally, encourage the expert to continue, or interrupt so you can change direction.
This lesson will show you a few ways to ask questions and be respectful without wasting any time.
This lesson will help you explain the context of your interview clearly and succinctly.
This is the first lesson in the Expert Interviews section. It will help you quickly build rapport and make a great first impression.
PwC and EY told a panel of British lawmakers they would mirror a change already underway at another Big Four accounting firm, KPMG, in a bid to end a “perception” of conflict between selling audit and consulting work to the same customer.
Consulting is better paid than audit work, raising concerns that an accountant won’t challenge a company’s management properly regarding an audit for fear of losing more lucrative advisory work.
This lesson will help you brainstorm and estimate data, percentages and trends.
This lesson will show you a variety of ways of describing trends over time.
This lesson will help you describe a huge part of consulting: spreadsheets, calculations and talking about Excel.
This lesson will help ensure that the basics of dealing with numbers: dates, big numbers and statistics, are all done smoothly and correctly.
Here, you will take a look back at the previous lessons about describing progress and change.
Plans don't always go the way we want them to. Client arrangements, team and cost issues may force you to make new plans. This lesson will help you change plans or your approach if you've encountered problems, predicted or not.
This lesson will show you a variety of language you can use when a project is progressing well, or when you've encountered problems.
This lesson will help you respond politely and naturally to feedback you receive, especially focusing on negative feedback.
