BigChange, the mobile workforce technology company, today announced that it has gained valuable new software and consulting capabilities, as well as over 100 new customers, with the acquisition of two UK-based businesses.
Kinapse, a market leading advisory and operational solutions provider to the global life sciences industry, has joined the Pistoia Alliance, a global, not-for-profit alliance of life science companies, vendors, publishers, and academic groups that work together to lower barriers to innovation in Research and Development.
Together with financial services and technology, consulting makes up the Holy Trinity of MBA hiring industries. Year after year business school MBA employment reports place it top of the pile, often boasting that at least one in five of their students entered the industry; sometimes it’s as high as one-third.
Brian Spicker, a highly respected leader and nonprofit agency executive with a 40-year career of success in maximising community impact, driving systems change, building strong cross-sector partnerships, increasing revenue and enhancing programs and grant-making effectiveness has launched Spicker Consulting and Coaching to help nonprofits “win the race for relevancy through scaling impact.”
It should come as no surprise that management consultants who work at McKinsey, Bain and Boston Consulting Group (BCG) – the MBB firms – make more money than their counterparts at other big consulting companies. But just how much?
Accenture launched its Applied Intelligence Platform at Mobile World Congress, Barcelona, to make it easier for clients to transform the enterprise through artificial intelligence (AI). The new platform allows organisations to apply pre-configured self-learning industry solutions, as well as develop new solutions, without the need for deep data science expertise which is becoming an increasingly scarce resource.
Working in management consulting is becoming one of the most attractive fields in business. And rightly so. After all, it allows people to focus on learning multiple skills that may not be limited to one specific sector. For instance, a contemporary management consultant will have to possess knowledge of everything from accounting and finance to negotiation and human psychology. Thus, those who may want to have a broad range of opportunities in their career will usually go into management consulting.
When I kicked off the preparation for this blog, I designed the layout and had my content flow all mapped out. However, once I started researching the content, I instantly realised how intimidating all the terms, phrases and stats can be for someone not absolutely fluent in consulting or technology terms. It is for this reason that I have decided to start back with basics. Making it easy for anyone to follow and employ as the foundation for further research.
Artificial intelligence (AI) is no longer the stuff of science fiction. The technology is already disrupting multiple industries, many of which impact you on a daily basis. Own an iPhone X? Its facial recognition system is powered by AI. Ever been redirected by Google Maps because of an accident or construction ahead? You guessed it: AI.
By applying lean tools and techniques and empowering the shop floor we have seen real improvements in manufacturing performance. However, with the rise of the connected and integrated shop floor, we are now seeing a new revolution in factory productivity. Data is at the centre of that improvement, with our work with a range of companies in life sciences, automotive and consumer goods, showing that effective use of data can bring 10-15 per cent improvements in productivity.
Source Global Research is a team of London-based experts providing research, data, and strategic advice about the global management consulting industry. They analyse, report on and forecast consulting market trends and work with clients to develop growth strategies. They recently carried out research to determine how the management consulting industry will fare in 2019, the sectors and services that will grow, and gathered information from clients in different sectors on their plans for consulting spend this year. For procurement teams sourcing and buying consulting services, this is useful research to help understand trends in demand.
Chinese e-commerce giant JD will lay off 10 percent of its senior executives above vice-president level this year, as the company looks to maximize its resources, as well as enhance its corporate governance.
According to media reports, the cuts were announced at the company's annual party last week. JD has confirmed the planned layoffs.
Mid-tier accounting firm, RSM Ireland, has opened a new Dublin office as part of an expansion of its management consultancy business.
The firm, which employs about 185 staff overall, also says its revenues have “increased by 40 per cent over the past two years to €22 million”.
Global consulting firm Protiviti welcomes the addition of a new Member Firm in Cairo, Egypt. The new location is the first Member Firm in North Africa, and the Cairo office is led by Managing Director Ashraf Fahmy.
Technology duo Alibaba and Tencent continued their investment momentum in the new year as the deep-pocketed pair continue to seek new opportunities beyond their home turf.
E-commerce behemoth Alibaba said on Tuesday it has boosted its stake in China International Capital Corp Ltd, the nation's leading investment bank, a move analysts said could help it with financial transactions around the world.
Michel Vaja has joined innovation and transformation consultancy PA Consulting as a partner based in London. He joins the financial services consulting practice and will focus on further developing PA’s offering to clients in the payments space.
DowDuPont Specialty Products division has announced it will divest its DuPont Sustainable Solutions (DSS) business to create a new, independent global operations management consulting firm.
The new firm will be supported by Gyrus Capital, an investment firm based in Geneva, Switzerland and led and operated by existing DSS management.
Accenture has helped Metro de Madrid develop and implement a self-learning AI-based ventilation system that minimises energy costs and emissions and ensures high air quality in metro stations and commuters’ comfort.
Accenture has opened a Liquid Studio in Madrid to help clients speed up innovation and software deployment cycles. At the Liquid Studio, clients work side-by-side with highly skilled Accenture professionals, building innovative solutions with speed and agility and taking days or weeks to achieve what used to take months.
Consulting has quietly become one of, if not the hottest industry for students graduating from top universities. Among 2018 Harvard undergrads, roughly 18% chose a career in consulting – the same percentage that took a job in finance. At Harvard Business School, one-fourth of all recent grads went into consulting. The numbers are even higher at Yale School of Management (35%). However, history suggests that many consultants likely won’t be in it for the long haul. The chances are strong they’ll be hunting for something new in short order.