Business Consulting Industry Is Booming, and It’s about to Be Disrupted

Business Consulting Industry Is Booming, and It’s about to Be Disrupted

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Although it was way back in 1995 that Boston Consulting Group consultant Clayton Christensen coined the term “disruptive innovation”, it is only in the last few years that the business consulting industry has started to experience the true meaning of the term.   Much of the upheaval owes its rise to the arrival of new (and more efficient) technologies whose adoption has allowed startups to compete with established players in history. That has left business consulting firms – which were bringing in record profits a few years ago –facing the aftershocks of technology-driven disruption.  Following are five reasons why the business consulting industry is about to be disrupted: 1: Labor-intensive operations Whether your consulting firm provides its clients with business investment opportunities in Africa or it opens the doors of power…
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