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Kennedy Information - Global Consulting Market 2014
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Kennedy Corner

  • »Show Me The Money
    Management consulting is a cash business. Now salaries and bonuses within the consulting industry are certainly not at the stratospheric levels enjoyed by their kindred brethren in investment banking. But consultants generally do realize much-better-than-average wages relative to their counterparts in the corporate world.
  • »Will ‘Knowledge Workers’ (Consultants) Be Replaced by Machines? It’s Possible
    The management consulting industry to date has been largely unscathed by the wave of technological change. However, there are signs that digital technologies are now beginning to disrupt the management consulting industry as well, with potentially deep and far-reaching consequences.
  • »A Force in Consumer Banking
    Banks have been stepping up their customer satisfaction game in recent years against the typical market forces at play. The pace of change has been head-spinning for an industry not well known for its swift response to customers.
  • »Time To Simplify and Get Organized (Well, At Least Your Cloud Services)
    The practice of adding cloud services in silos and based on specific department needs often results in overlapping and many different contracts with the same vendors.
  • »Riding the Waves of Healthcare Risk
    The modern healthcare system is much like the ocean—stormy, choppy, and hostile at times, soothing, calm and inviting at others. For surfers, the more waves you go for, the more you will catch, and the more likely you’ll “wipe-out.”
  • »The Department of Defense Wants a New Mantra
    “Do more with less.” It’s become a tired refrain that U.S. Department of Defense leadership is all too familiar with hearing from all directions, whether it is their direct superiors, Congress, or the Executive.
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Travel Advisory

  • »Marriott Goes Big in NYC
    Marriott International, Inc. and G Holdings opened what they’re calling an “iconic addition” to the New York skyline, a combined 378-room Courtyard hotel and 261-suite Residence Inn hotel in midtown Manhattan. The $320 million, 68-story property is the tallest single-use hotel in North America.
  • »Best Places to Stay: Travel Bounces Back
    Consultants are on the road again, at least according to the results of our annual Best Places to Stay survey.
  • »FAA: ‘Staffing Challenges’ Causing Delays
    In case you haven’t noticed, non-weather related delays at U.S. airports are on the rise. (And I know you’ve noticed that weather-related delays are definitely on the rise.)
  • »Hilton’s Building Boom
    Coming off a whirlwind 2012, Hilton Worldwide is the fastest growing global hospitality company by number of rooms.
» View all

Book It!

  • »Q&A: Keeping It Simple
    BCG’s Six Simple Rules sets out to simplify some organizational complexity.
  • »Review: Leading the Life You Want
    It seems that everyone has an opinion on work/life balance these days, but Stewart D. Friedman’s Leading the Life You Want isn’t necessarily one of them.
  • »Review: The Culture Map
    Globalization led to the rapid connection of internationally based employees from all levels of multinational companies, and now those same employees are expected to collaborate with colleagues scattered all over the world.
  • »Review: Twitter is Not a Strategy
    Today’s digital frenzy has led many to declare that advertising is dead… or at least dying. Is it?
  • »Excerpt: Procurement as Productivity
    The following is an excerpt from the book Procurement 20/20: Supply Entrepreneurship in a Changing World by a quartet of McKinsey & Company consultants—Peter Spiller, Nicolas Reinecke, Drew Ungerman and Henrique Teixera.
  • »Review: The Risk-Driven Business Model
    Most companies focus their innovation on new products.
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  • 9 8 2014
    »More Than a Decade in the Making
    Way back when, in what seems like another lifetime, I was the Editor-in-Chief of a trade publication called Training magazine. All the rage for CHROs (Chief Human Resources Officers) was about transforming Human Resources into a more strategic part of the overall organization.
    » More
  • 8 7 2014
    »Intensive Care
    This month’s cover story focuses on healthcare, a topic and an industry sector we focus on quite a bit here at Consulting magazine. Our last cover story on the topic was July 2012, an eternity in healthcare. A lot can happen—and did happen—in two years.
    » More
  • 7 8 2014
    »Strategy& ... Convergence
    This month’s cover story focuses on PwC’s acquiring Booz & Company and creating the co-brand Strategy&. In retrospect, the move itself wasn’t all that surprising. PwC had made no secret about the fact that it wanted to acquire firms to bolster the strategy side of the advisory business.
    » More
  • 6 5 2014
    »The Profession’s Best
    Here was a typical day in mid-February for myself and a few others tasked with the sometimes difficult, always inspiring, job of selecting the 2014 Top 25 Consultants: Read a few dozen nominations; take a break.
    » More
  • 4 4 2014
    »The Rising Stars of the Profession
    It’s always dangerous to make a sweeping generalization about just about anything, but especially dangerous to make one about an entire generation. But that’s precisely what I’m about to do.
    » More
  • 11 4 2013
    »BCG’s Fifty Years and Counting

    Fifty years is a long time. How long? Well, the Beatles hadn’t yet played Ed Sullivan in 1963, and therefore, pretty much no one—on this side of the pond anyway—had any idea John, Paul, George or Ringo existed. Long enough? Well, seven months before the mop tops wanted to hold your hand, Bruce Henderson hung a shingle as a one-man consulting unit of the Boston safe Deposit and Trust Company at 100 Franklin Street in Boston.
    » More
  • 9 9 2013
    »Cars
    The last time we had a cover story focused on the automotive industry was way back in the summer of 2007. Much of that article focused on how the industry would avoid what consultants referred to as “doom loops”, which were defined as “systemic failures responsible for overcapacity, uncompetitive cost structures, and other symptoms that tend to receive more attention.”
    » More
  • 7 15 2013
    »Editor's Note: A Gala for Greatness
    Consulting magazine’s Top 25 Consultants Award has been around since 2000. Well, that’s not entirely accurate, the concept of the Top 25 actually launched in 1999 as The Top 10 Most Influential Consultants.
    » More
  • 5 30 2013
    »The Water’s Nice; Jump In
    The market for new market entry strategy consulting is about resources and incentives. It’s a not too hot, not too cold, but just right equation.
    » More
  • 5 30 2013
    »Editor's Note: Credit Where It's Due
    It’s celebration time around here. For starters, this issue—our annual Top 25 Consultants issue—is one of the biggest and most prestigious awards we bestow upon the consulting profession.
    » More
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