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Disruption in the Consulting Industry

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What happened?

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The first asset of consulting firms are the people

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and they are attracted more and more by other career paths...

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like working at a tech company

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or even launching a startupmercredi 17 juillet 13

There is also a huge market pressure

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And of course...

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We saw that 10 years ago with the press

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You will see it in the coming

years with consulting

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Bloggers became the new press

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Random knowledgeable guys become the new consultants

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Consulting as a form of transactional relationship is becoming more and more common

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And that's a threat to most big consulting companies

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Last metric available12,000 calls across 47 countries

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Fortune 500 loves consultants

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But what about Fortune 5M?

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Disruption doesn't need to be better in quality, it just need to start a case

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Airbnb analogy

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«I can imagine a singularity-type point in time where there are so many people in business who have been associated with consulting in their past that it doesn't make sense for companies to hire consultants because either:

a) these ex-consultants can do a consultant's job and/or b) these ex-consultants have internal pressure not to hire consultants because "that's what we hired you for.»

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Small consulting firm are easy to start

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The fragmentation of the industry is a real trend

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What are the primary missions of consulting firms?

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Getting functions which think in silos to work together

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Working across hierarchy

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A flat world

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Forcing decision makingmercredi 17 juillet 13

The accountability culture works

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Taking a pure data driven view

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Providing ideas and innovations

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Open Innovation

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Disruption of methodology too

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There is a school of thought that says that in the future, there will be no large companies: most of the value-add in the society will be produced by start-ups and individual contributors like designers, etc. In case large companies lose their prominence, it would obviously be a kiss of death for consulting firms in their current state because only large firms can afford to buy $1M projects.

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You are Welcome to Join the Adventure

disruption@thefamily.co

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