OpenAI is entering into multiyear partnerships with Accenture, Boston Consulting Group, Capgemini and McKinsey & Co. The consulting firms will help OpenAI's enterprise customers define their ...

Simply sign up to the Professional services myFT Digest -- delivered directly to your inbox. US companies are turning back to consultants for ideas on how to supply energy-hungry data centres with ...

The year 2026 promises to be an exciting one for the consulting industry. Big technological changes and a growing number of startups in the space are expected to accompany a period of client ...

This is a response to the unemployment rate being the highest since 2021, in part due to an uncertain economy, and the adoption of AI and automation altering industry dynamics. The shift is also ...

Louise J. Slater is professor of hydroclimatology in the School of Geography and the Environment, University of Oxford, Oxford, UK. By contrast, academic consulting work, one of the most direct and ...

The recent announcement by McKinsey & Company that it plans to cut roughly 10% of its workforce has sent ripples through the consulting world, reigniting debate about the future of the industry. This ...

Automation is thinning the ranks of junior consultants while forcing firms to bet on senior expertise, outcomes and adaptability. Davide Bonaldo/SOPA Images/LightRocket via Getty Images However, fears ...

The debate about AI’s impact on consulting tends to swing between two extremes: Some argue that AI will render consultants obsolete; others claim it will only make them more indispensable. Both views ...

Consulting firms over the past three years have wagered billions on the hope they would play an essential role in the AI boom, helping the world’s largest corporations transform themselves with the ...

Companies pay dearly for McKinsey’s human expertise, and for nearly a century they have had good reason: The elite firm’s armies of consultants have helped generations of CEOs navigate the thorniest ...

This paper provides the first systematic and comprehensive empirical study of management and strategy consulting. We unveil the workings of this opaque industry by drawing on universal administrative ...