In boardrooms across the world, CEOs, CDOs, and CIOs are rushing headlong into the world of digital using big data analytics, smart machines and automation tools for key aspects of their organizations. This change in mindset is being driven by two things – the growing density of digital [...]
In 2012, the Harvard Business Review labeled the Data Scientist as “The Sexiest Job of the 21st Century.” It is not the job title, however, but what exactly a data scientist can achieve that makes the difference. With the right tools, data scientists can combine machine data and people data [...]
While big data consulting has become more mainstream than it probably was five years ago, there is still untapped opportunity for consulting firms to specialize in this field. From the success stories of top consulting firms, however, it is evident that these firms approach the process of big data [...]
We’ve discussed what asset-based consulting entails before, so I’ll just provide a quick summary. Simply put, the key aspects of asset-based consulting rely on tools and products as its primary assets rather than on human capital. These consulting tools and products can be anything from [...]
In a previous article, we discussed how differentiation is notoriously difficult for consulting firms, particularly the top firms in the industry. These firms traditionally market exclusively to the bottom of the “funnel” (prospective clients who have already chosen consulting as their [...]
Normally one would assume that as a company grows, its ability to set itself apart from the rest of the industry would grow proportionally. For the top consulting firms, however, it is a different story. Studies have shown that as a consulting firm grows, differentiation becomes increasingly [...]
Each year, Vault.com releases its ranking of the Top Consulting Firms, known as the Vault Consulting 50. This annual ranking asks current consultants to rate their perceptions of industry peers as well as their own firm on various metrics such as prestige, culture, and work-life balance. Major [...]
One of the deciding factors separating the best consulting firms from the rest of the pack is their adeptness at creating in-depth, thoughtful content:aka thought leadership. Initially, thought leadership may not earn significant short-term value, but in the long-term, it can cement a firm’s [...]
