March
PwC spin-off Scyne loses one of its most senior executives
David Sacks said he had decided to leave the professional services industry entirely and “apply my energy to provide more leading and doing”.
Bankers want just one thing from companies – and it’s not value
Investors keep bidding up growth companies, so it is up to boards to work out how to capitalise. Do they want an easy life on the ASX?
February
PwC spin-offs feast on taxpayer consultant addiction
Granting Scyne more than $12 million in taxpayer contracts this year alone doesn’t sound like the government is cutting consultant spending.
January
Bumpy Trump era can be boom years for Australia, investors
Australian boardrooms can’t know what his second presidency holds, but they need to be ready to seize opportunities. Change is coming.
December 2024
Strategy firm hires former Scyne, PwC partner
Oliver Wyman continues to build up its government consulting practice with the hire of Tim Jackson, expanding the team to 25.
November 2024
What the inquiry into the structure of the big four firms recommended
A summary of the key recommendations from the joint parliamentary inquiry into the structure of the big four consulting firms and what they mean for the sector.
NAB tapped Bain & Company for its strategy refresh
Consulting firm Bain was called in to help National Australia Bank with its new strategy focusing on customers, it can be revealed.
October 2024
World’s oldest consulting firm reopens in Australia
Arthur D. Little, the world’s original consulting firm, once again has a dedicated Australian operation that will initially aim to win work in the energy sector.
EY’s local strategy division appoints deals veteran as leader
Clients are willing to pay a premium for strategy advisers who are also experienced industry experts, says the new managing partner of EY’s local strategy arm.
September 2024
Consulting firms hurt as companies treat change as ‘business as usual’
Companies are building up internal teams of consultants and technology experts, fuelling the rise of consulting marketplaces and cutting demand for big advisory firms.
Back to basics works for bombed out blue chips
Here’s a lesson for all the new CEOs; investors prefer it when you fix what you’ve got, rather than chase what you think you need.
August 2024
Strategy firm wins work by focusing on traditional advice
Kearney says it has found its “sweep spot” by assessing the “essential rightness” of prospective projects and clients.
AI curiosity is defying consulting slump: McKinsey
McKinsey is seeing an increase in the number of clients seeking artificial intelligence-linked projects, as faster adoption of the technology helps the consulting titan and its peers boost revenue following a period of tumult.
July 2024
Why Australia’s No.1 hospitals business poached a supermarkets boss
Ramsay Health Care chairman David Thodey is trading in deep industry knowledge and expertise for a consultant’s mindset. Will it work?
Is McKinsey a partnership? Court case, leadership battles stir debate
A former senior partner is suing McKinsey after he was fired for having “communicated about document deletion” relating to the firm’s advice to opioid manufacturers.
Consultants face decade-low growth slump
Annual growth in the sector is forecast to fall to its lowest level – apart from the short-lived pandemic slump – since 2015.
BCG’s local boss Grant McCabe on why he has taken up pilates
Boston Consulting Group’s Australian chief, Grant McCabe, says rookie executives should “remove that baggage” about whether they are going to succeed.
June 2024
Tough jobs market for consultants wanting to jump ship to industry
Advisers seeking exit opportunities or new roles after job cuts are facing fierce competition for ‘transformation’ and ‘strategy’ roles in companies.
Why pokies giant Aristocrat is doing a U-turn on computer games
Aristocrat Leisure went big into developing non-gambling computer games less than a decade ago. Now it is considering an exit, in full.
The many-sided crisis in management consulting
Artificial intelligence can increasingly do the lower end of consulting work, meaning the profession may very well be in secular decline.