What's Happening?
The consulting industry is experiencing significant pressure as artificial intelligence accelerates disruption, according to Alex Adamopoulos, CEO of Emergn. While AI is speeding up decision-making and compressing delivery timelines, the challenges faced by the industry predate AI's arrival. Traditionally, consulting has focused on delivering insights and strategic recommendations, but the abundance of information today has shifted the focus to capability. Business leaders are questioning the value of traditional consulting models, which often engage from a distance without equipping internal teams to act effectively.
Why It's Important?
The shift in consulting models highlights a broader transformation in business practices, where adaptability and capability are becoming more valuable than mere insights. As AI makes premium outputs replicable, consulting firms must redefine their roles to remain relevant. This change impacts how businesses operate, requiring them to develop systems and teams that can respond to rapid changes. The redefinition of consulting roles could lead to more collaborative engagements, where consultants work alongside teams to embed new ways of thinking and improve internal functions.
Beyond the Headlines
The evolution of consulting models reflects a deeper cultural and operational shift in businesses. As AI tools expose the limitations of traditional consulting, firms must innovate to meet the demands of modern organizations. This includes embedding change into everyday work and building resilient systems. The focus on capability over insight suggests a move towards more sustainable business practices, where continuous improvement and adaptability are prioritized.