Consultants’ right to exist What do consulting firms base their right to exist on? One key feature of the industry is the so-called 'knowledge advantage’ that consultancy firms hold in relation to ...

The consulting industry of the UK is home to hundreds of consulting firms – large, mid-sized, boutique and niche consultancies – serving clients across all industries and segments, and specialised in ...

The global consulting market is currently approaching an estimated worth of nearly $150 billion, up from $122 billion in 2012. According to Consultancy.uk analysis on data from a leading analyst firm, ...

In fact, the BCG study found that consultants performed 20% worse than normal when they were given tasks that ChatGPT is unable to assist with. In these cases, the tool gives unreliable or false ...

KPMG, Deloitte, Accenture, PwC and McKinsey & Company are the UK’s leading consulting firms, according to an analysis of the reputation and service quality of over 1,400 consulting firms. The nation’s ...

According to conservative estimates from Crowe, Peters & Peters and the University of Portsmouth, the UK’s private sector lost £157.8 billion to fraudsters in 2021. This represents a 12% increase from ...

A new study from Kroll has further confirmed this – with the firm’s 2023 Data Breach Outlook report having analysed thousands of third-party related breach incidents as well as the industries that ...

Beyond the top 10, a number of companies in the top 40 FMCG players in the world list saw rapid growth, and may have set their sights on the upper echelons of the ranking for the coming year. Five of ...

Consulting also jumped ahead of Assurance in terms of personnel, with more than 120,000 of the firm’s 395,000-strong global headcount now employed in the division, along with more than 70,000 who work ...

However, in spite of this growth, there are a growing number of challenges that consultants are facing. According to an industry report conducted by Deltek ‘ Insight to Action – The Future of the ...

4) Access to talent The success of a consulting firm relies heavily on the strength and stability of its team members. Top talent should have the experience to make informed decisions and keep ...

Back in the 1990s, Arthur Andersen was on the Big Five accounting groups, and Andersen Consulting was one of the world’s largest consulting firms. While Andersen collapsed in 2002 after the Enron ...