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Bridging the Gap: From the Consulting Industry to the Management Consulting Profession

Effective Managers

In the world of consulting, a distinction is often overlooked: the difference between the industry at large and the profession of management consulting. This distinction is crucial, as it separates those who simply sell hours for dollars from those committed to a higher standard of service, ethics, and accountability.

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Consulting Industry vs. Consulting Profession

The Consultants Peer Group

The consulting industry is a broad, inclusive term that refers to all companies and individuals that offer consulting services, or sellers of expertise. These can range from large multi-national firms to boutique firms that specialize in specific industries or functions and to individuals, all together make the industry.

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The Future Face of the Consulting Industry

Tom Spencer

This article will examine some of the transitions that the pandemic has precipitated in the consulting industry , and prognosticate about what the future face of consulting will look like in a post pandemic world. Australian Ethical , Robeco , and Vanguard ). However, the changes don’t stop there. Shift 1: Strategic Partnerships.

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Do Ethics Still Matter?

Effective Managers

Is Ethics even a thing anymore? This is where abiding by a code of professional conduct and ethics gets difficult. Do ethics stop at the profit and loss statement, or do they extend to the end-result of the intervention? Did any CEOs or Executives in the banking industry wake up one morning and decide to defraud their customers?

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How to Vet a Corporate Intelligence Vendor

Harvard Business

billion industry, and U.S. But how do you know whether an intelligence vendor aligns with your company’s needs, risk tolerance, and ethics? The authors, from Harvard University’s Belfer Center’s Intelligence Project, have developed a database of 70 vendors that corporate intelligence professionals identified as informing their work.

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Why ISO 20700 Matters: The Future of Management Consulting

Effective Managers

This standard is not just a guideline; it’s a visionary step forward, shaping the future of the industry. In an industry that spans diverse cultures and business practices, having a common standard is vital for maintaining a uniform level of quality and professionalism.

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Five Ways to Raise your Game in Consulting - Part 2

The Consultants Peer Group

As you are likely aware, there are enumerable media articles on ethics lapses in management consulting. USD] because of, among others, ethics and conflicts of interest abuses ; When McKinsey Comes to Town argues that the legendary firm has accrued an inordinate amount of influence chasing profits at the expense of moral principle.

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