2002 CBS Casebook_5 - PD PD F XC h a n g e Vi e w F XC h a...

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Industry Snapshot Columbia Business School Management Consulting Association Guidebook 2002 Please do not duplicate, copy, print or photocopy 5 Industry Snapshot: Management Consulting OVERVIEW: Trends Following intense growth throughout the middle to late 1990’s, many leading management consultancies have recently experienced significant downturns. The decline of the dot-com bubble, the slowing of the economy, and increased competition in the industry has resulted in tightening across all major consulting services-- strategy, operations, implementation, and technology consulting. Many prominent players in the industry have delayed start dates for new employees and cut back on their existing staff. Several of the smaller, niche firms have scaled back operations, been acquired, or exited the industry. Lifestyle While there is some variation among companies and specific assignments, almost all consulting work requires a significant amount of travel. Clients pay for support and, more often than not,
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  • Spring '09
  • professor
  • Columbia Business School Management Consulting Association, Industry Snapshot, major consulting services, high-level strategy development, School Management Consulting

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