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New Era, New Ideas
Management Consultants thrive during periods of disruption, but what occurs when the entire consulting sector finds itself in the throes of change? An opportunity: Informed buyers of consulting services can purchase valuable services at lower prices.
In 1926, University of Chicago accounting professor James O. McKinsey started his eponymous firm, the first of its kind. Since then, management consultants have injected organizations with added brainpower and staffing, fresh perspectives and processes, useful technology and better strategies when new competitors, sweeping regulatory changes, shifting customer demands, unexpected risks, or golden opportunities arise. In the past five years the consulting profession has endured a barrage of similar forces. The collisions have rewritten the rules of engagement for the consultant and electric companies.
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