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Ethical Implications of AI in Consulting: A Deep Dive

Tom Spencer

This is the sixth of a seven-part series looking at artificial intelligence and its implications for the consulting industry. While AI has the potential to bring significant benefits, it also raises important ethical questions. Potential for bias One of the main ethical concerns with AI systems is the potential for bias.

Ethics 88
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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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Consulting Ethics Challenges

The Consultants Peer Group

Where’s the lead sentence of my March 28, 2023 Blog, Consulting Ethics Concern Once Again , “Lack of consulting ethics once again. I went on to describe some recent consulting ethics lapses and proposed fixes. Peter Westlund CMC® showed a path to avoid these ethical traps through professionalism.

Ethics 52
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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?

Ethics 52
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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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Enhancing Consultancy Services with ISO 20700 Guidelines

Effective Managers

Fostering Ethical Practices The ISO 20700 guidelines underscore the importance of ethical practices in consultancy. This ethical approach not only enhances the reputation of the consultant but also builds trust with clients, which is crucial for long-term success.