{"title":"Management Consultancy: The Power to Unleash Natural Capital Thinking","authors":"Christoph Williams, N. Conner, J. J. You","doi":"10.2478/mcj-2021-0014","DOIUrl":"https://doi.org/10.2478/mcj-2021-0014","url":null,"abstract":"Much has been written about the impact of the management consultancy industry. Dealing in the business of thought leadership and the latest ideas (Sturdy, 2011), management consultancy is also a highly diverse industry and can be extremely innovative (Williams, 2019). Researchers have explored how management consultants achieve success in what is also a highly competitive and cut-throat sector. Success can be viewed in various ways, but is most commonly spoken of in terms of client satisfaction, repeat business, high utilization rates, and having a positive impact on client organizations in financial terms. Commentators note the importance of human capital in the industry (Von Nordenflycht, 2010), social capital (both internally and externally with clients) (Mors, 2010), and organizational capital (finding new ways of organizing and structuring client engagements, including virtually) (Williams, 2019).","PeriodicalId":367213,"journal":{"name":"Management Consulting Journal","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127071944","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Management Consulting: The Road Ahead","authors":"S. Haslam","doi":"10.2478/mcj-2021-0001","DOIUrl":"https://doi.org/10.2478/mcj-2021-0001","url":null,"abstract":"Abstract This is a view of the $150bn global management consultancy industry, abridged from a masterclass presentation given to the Institute of Management Consultants and Advisers in Ireland in November 2020. The paper looks forward and explores the implications of current sector dynamics. It is structured into two sections: the global management consulting market, and the implications for consulting business models.","PeriodicalId":367213,"journal":{"name":"Management Consulting Journal","volume":"2014 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114452860","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How Small Consultancies Grow: Challenging Problem-Based Theorising","authors":"J. O’Mahoney","doi":"10.2478/mcj-2021-0002","DOIUrl":"https://doi.org/10.2478/mcj-2021-0002","url":null,"abstract":"Abstract This paper explores the adequacy of problem- based theorising in explaining the growth of small management consultancies. Literature on professional service firm growth tends to skip over the entrepreneurial stage, assuming ‘crises’ of governance during growth periods. Using interviews with 42 founders who grew their firms, the paper identifies challenges and potential solutions that impacted success. The paper argues that challenges were generally pre-empted by founders through the deployment of expertise that was acquired during experience, education or the use of software. The paper finds no evidence for the assumptions of ‘problem based’ theories of growth, and argues that changes in technology, experience and education may have rendered the theory useless – at least for understanding the growth of small consulting firms.","PeriodicalId":367213,"journal":{"name":"Management Consulting Journal","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128194452","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Rethinking the Top-Line and realignment of the Bottom-Line in a Post-Covid Landscape","authors":"Carola Valente, G. Manville","doi":"10.2478/mcj-2021-0004","DOIUrl":"https://doi.org/10.2478/mcj-2021-0004","url":null,"abstract":"In the last year, in the majority of markets, companies have experienced a change in the way that customers purchase goods and services, hence it has been crucial for companies to change, accordingly, the way they do business. The resurgent crisis is serving as a catalytic agent that is accelerating the transformation of the nature of the relationship between companies and consumers. The catalytic effect is providing a tipping point to shrink the cultural lag (Ogburn, 1957) which is often associated with major technological change. In fact, one of the primary challenges for businesses today is to capture the evolving customer needs and expectations, hence moving ever closer towards a customer-centric approach.","PeriodicalId":367213,"journal":{"name":"Management Consulting Journal","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115185821","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Ways Consultants Can Help Clients’ Companies Create a Culture That Thrives","authors":"M. Sayyadi","doi":"10.2478/mcj-2021-0006","DOIUrl":"https://doi.org/10.2478/mcj-2021-0006","url":null,"abstract":"","PeriodicalId":367213,"journal":{"name":"Management Consulting Journal","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122375763","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"“We’re All in This Together”; Covid, Clients, and Consulting Ethics: A Tale of Two Firms","authors":"Olga Matthias","doi":"10.2478/mcj-2021-0005","DOIUrl":"https://doi.org/10.2478/mcj-2021-0005","url":null,"abstract":"Unsurprisingly, management consultancy continues to provide examples of contradictory approaches towards clients even during a time where the phrase “we’re all in this together” has been the umbrella under which we have all sheltered for at least some comfort in the difficult times that the Covid 19 pandemic has placed us in. However, it would seem some of us have been more in it together than others. In conversations with staff in two UK consulting firms over the last 6 months a stark contrast in approaches towards their clients and their business model became apparent. Rather than explicitly judge either example, I present the summaries of the conversations to the readers of this journal for consideration, to provide an opportunity perhaps for discussion within firms or even food for personal thought and reflection about what is important for a firm’s success and its longevity.","PeriodicalId":367213,"journal":{"name":"Management Consulting Journal","volume":"168-169 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134440882","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Chief Digital Officers: What We Know So Far","authors":"Karl S. R. Warner","doi":"10.2478/mcj-2021-0003","DOIUrl":"https://doi.org/10.2478/mcj-2021-0003","url":null,"abstract":"","PeriodicalId":367213,"journal":{"name":"Management Consulting Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122404696","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ICMCI National Consultancy Index – Estimating the Size of Management Consulting Markets Around the World","authors":"S. Haslam, Robert Bodenstein, Tamara Abdel-Jaber","doi":"10.2478/mcj-2020-0006","DOIUrl":"https://doi.org/10.2478/mcj-2020-0006","url":null,"abstract":"The value of the global consulting industry is estimated at over $130bn (consultancy.org, 2018). It is generally accepted that the world’s bigger economies are also where the bigger national MC sectors exist the European Federation of Management Consultancies estimates that three countries (France, Germany and UK) generate nearly three quarters of consulting revenue (FEACO, 2017). However, there is also substantial cross-national variance in its prominence of MC as an activity Data reported by consulting.org, based on World Bank information, suggested a seven-fold difference between the prominence of MC as a proportion of national gross domestic product across a sample of nations (Consulting.org, 2018).","PeriodicalId":367213,"journal":{"name":"Management Consulting Journal","volume":"207 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132242488","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How to Strengthen the Immunity of Your Small Consulting Practice in the Face of Covid-19","authors":"Gregg Li","doi":"10.2478/mcj-2020-0001","DOIUrl":"https://doi.org/10.2478/mcj-2020-0001","url":null,"abstract":"","PeriodicalId":367213,"journal":{"name":"Management Consulting Journal","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131361628","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}