An outsider’s perspective can be an invaluable asset to an organization, especially in today’s uncertain economic climate. So when it comes time to strategize for a merger, invest in R&D or implement a competitive cost structure, it’s no wonder that companies are increasingly turning to management consulting firms—so much so that the U.S. consultancy market grew 7.1%, to $58.72 billion in 2016. But when there are thousands of firms, each with different areas of expertise, how can a business find a consultancy that best suits its needs?
Machine learning makes it possible to discover patterns in supply chain data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process.
The UK is currently lagging behind 21 other nations in the adoption of robot density proportional to its industrial workforce. While Britain is above the global average of 74 robots per 10,000 employees, the UK was still below the European average.
The 52-year old sandwich chain, which has been in a sales slump for years, has reportedly hired an outside consulting firm to help it get back on its feet and possibly position itself for a future sale, according to the New York Post.
Although entrepreneurs in start-up mode commonly think that management consulting is utilised only by businesses that have established themselves or grown to a significant size, the truth is that early-stage companies can benefit from management consulting a great deal. While some consultants are clearly evangelists for business consulting services, having seen firsthand how they can turn things around for troubled companies and help new businesses get off the ground, they don’t think they are too biased when they say that the start-up phase is one of the times when management consulting is ‘most’ useful.
FTI Consulting, Inc. (NYSE:FCN) and the All Stars Project, Inc. today announced that they have partnered with PGA golfers Webb Simpson and Charles Howell III on the Birdies for Development campaign, designed to connect inner-city youth with afterschool development programs that support and inspire them to develop and create new professional performances in their lives.
Eliasan Consulting, a new firm offering services to support global agricultural trade, has opened for business in Seattle, US
A globally connected business has planted some new roots in Frankfort.
Deloitte, a New York-based finance and consulting company, opened an office in April in the McClure Building downtown. About 60 of the company’s employees are based in Frankfort.
The performance gap is widening between companies digitizing their operations and those struggling to do so. That is the clear takeaway from the article, "Digital Maturity Is Paying Off," by The Boston Consulting Group (BCG), which is based on a survey of 1,900 companies in the US and EU. According to this study, 23% of the companies surveyed are digital champions, while around one-third (32%) are lagging behind. Compared with a similar study a year earlier, the number of laggards has increased while the number of digital champions and those in the middle have declined.
Recipharm has established a dedicated taskforce to manage the potential impact of Brexit on its organization. The UK will exit the European Union (EU) as of March 30, 2019. Recipharm, headquartered in Sweden, is focused on managing the transition with minimal impact to its operations and customers.
Effective people management training for small businesses is essential in solving the UK’s ongoing productivity problem, experts have told an influential group of MPs.
Small and medium-sized enterprises (SMEs) account for more than half the UK’s turnover and employment, but evidence sent to the business, energy and industrial strategy (BEIS) committee as part of its inquiry into small businesses and productivity suggested there were a number of barriers preventing them from achieving better productivity
The Ghana Consulting Engineers Association (GCEA) in collaboration with the International Federation of Consulting Engineers (FIDIC) is organising training workshops to boost the capacity of engineers in Ghana.
Further boosting its consulting capabilities, Weber Shandwick is launching a new offering focused on helping companies build cultures in sync with their larger business goals — in a bid to broaden its offering to include management consulting capabilities.
Accountancy giant PwC has banned all-male shortlists for jobs in the UK in an attempt to increase the number of women in senior roles at the firm.
It said the move was prompted by its recent pay gap report showing men on average earned 43.8% more than women.
Chinese internet conglomerate Baidu and toll highway construction, operation, and management firm Shenzhen Expressway recently formed a partnership agreement centered on smart transportation, smart environmental protection, and information service upgrades. The parties will work together to plan smart highway system architecture and service content and will establish a smart transportation laboratory. They will also cooperate on regional transportation planning, operations, and image recognition and will work together to implement Baidu's "AI City" initiative in the transportation and environmental protection industries
ALM Intelligence – Consulting division, previously known as Kennedy Consulting, has released its 2018 ratings of workforce management consulting providers. Six firms were identified as leaders in the consulting industry: Conduent, Deloitte, EY, KPMG, McKinsey & Company, Mercer, and PwC.
A device that allows GPs to take clinical images and safely share them with specialist colleagues has been compared to Snapchat.
PhotoSAF Sharing, which has been launched by healthcare solutions provider Consultant Connect, has been designed to give doctors the ability to take high quality images and share them quickly with specialists.
The digital revolution in aerospace and defense (A&D) has reached an inflection point, according to a recent study by The Boston Consulting Group (BCG). As A&D companies accelerate their investments in digital technologies, their leaders are questioning whether their investments are paying off. In many cases, they are not getting satisfactory answers.
Big Four firm PwC has handed its UK employees an extra day of holiday this year, in praise of their hard work over the previous financial year. June 29th will see the firm’s Britain-based staff of roughly 16,000 offered time off – while those who are already on holiday will have the same chance on an alternative day.
As retail banks grapple with rapidly advancing technology, higher customer expectations, and tighter regulation, they must redouble efforts to personalize their product and service offerings if they hope to position themselves optimally for the future, according to a new report by The Boston Consulting Group (BCG).
