Consultant management: McKinsey loses its shine
The Intelligence from The Economist
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Consulting in the Age of AI
This chapter examines the impact of global geopolitical changes and AI on the consulting industry, focusing on McKinsey & Company's struggle amid evolving market dynamics. It highlights McKinsey's challenges in the face of competition from Boston Consulting Group and new technology-driven firms like Palantir. The discussion raises concerns about the future of traditional consulting models as AI transforms operational strategies and client needs.
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