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Fundraising
fromBusiness Insider
1 day ago

KPMG has a new way of pushing staff to make breakthroughs using AI - handing out cash prizes

KPMG launches AI Spark Innovation awards program offering cash prizes larger than end-of-year bonuses to incentivize consultants to develop innovative AI solutions for clients and internal operations.
European startups
fromBusiness Insider
1 week ago

McKinsey's newest partners share their best advice for climbing the ranks at the consulting firm

McKinsey's 2023 partner class of 224 represents a significant decline from pandemic-era promotions, with successful partners emphasizing specialized expertise, relationship-building, and senior sponsorship as key advancement factors.
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#ai-disruption
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#ai-transformation
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Artificial intelligence
fromTheregister
2 months ago

Hot for its bot, McKinsey may cut thousands of jobs

Consulting firms are cutting internal roles as AI-driven efficiency prompts layoffs, with McKinsey reportedly planning thousands of cuts and deploying internal AI assistants.
Artificial intelligence
fromBusiness Insider
3 months ago

PwC boss says it wants to hire tech talent. It just can't find the right people.

Consulting firms are shifting toward implementation and AI work, driving urgent demand for technologists that PwC and peers cannot readily fill.
Business
fromAxios
7 months ago

AI and Trump put squeeze on consulting firms as industry's post-pandemic boom fades

The consulting industry faces disruptions from government cuts and AI innovations, leading to a potential crash.
fromBusiness Insider
10 months ago

Uber cofounder says AI means some consultants are in 'big trouble'

If you're a traditional consultant and you're just doing the thing, you're executing the thing, you're probably in some big trouble.
Artificial intelligence
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