"Having good market intelligence is no longer optional in this day and age"
Rakesh Pabbi - Senior Partner
Accenture and nCino have formed an alliance to help financial institutions in Asia-Pacific and EMEA to accelerate their digital transformation. The alliance will assist the institutions to implement and adopt nCino’s digital banking solution and replace their disparate legacy systems and manual functions with nCino’s Bank Operating System.
Gender equality is something that is on every company’s radar at the moment, with a lot of effort being put into trying to get to that dream 50/50 split. Management Consulting is no different, with most firms trying to look at why they aren’t attracting enough diverse talent and how to improve this.
IT’S the productivity, stupid.
That’s the underlying message from two new reports about the South African mining industry, one by consulting McKinsey & Company, the other by the Boston Consulting Group, both released to coincide with the Mining Indaba 2019.
Brent Beardsley, a former partner at Boston Consulting Group, has joined Vanguard.
“Brent Beardsley joined Vanguard at the beginning of the year to lead our Corporate Strategy department. The team is responsible for supporting Vanguard’s corporate and business line strategy, and includes Vanguard’sInnovation Studio. The previous head of Corporate Strategy was Ann Combs, who retired at the end of 2018,” Vanguard spokesperson Emily Farrell said.
Renault and Nissan will review fees paid to consultants at their alliance as part of a joint probe following former leader Carlos Ghosn’s arrest for alleged financial crimes, people familiar with the matter said.
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.
