Big consulting is suffering right now and with good reason.
KPMG, one of the big four accounting firms in Australia, is set to slash 200 roles after a drop in demand from clients.
KPMG's US arm also announced cuts with 700 roles set to go as a result of a “minor softening” of demand for the firm’s management consulting services - read the full report here...
A reasonable question to ask might be... why?
Within uncertainty and a looming recession, wouldn't management consulting services be in high demand?
Or could it be that after three years, the penny has dropped?
That standard 'big consulting advice' has failed to adapt or deliver results within disruption?
The evidence lies all around us and carries a very real human cost.
Microsoft projects laying off 10,000 employees in the coming months.
Globally, PayPal slashed 7% of its workforce in February, roughly 2000 jobs.
Goldman Sachs is set to sack over 3200 staff in one of its biggest round of job cuts in its 150-year history.
Lay-offs within a recession are a symptom - the advice that lead to these events, that failed to interpret trends and adapt, is the root cause.
This presents a new question... if not standard advisory, then who?
What skills are required to solve complex problems in a disruptive landscape?
This is the real issue that needs to be addressed and this is something I can help you with.
If you're a consulting firm looking to offer unique solutions, ask me how I can upskill your Executive team with dynamic, creative thinking... visit my services here...
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