FUTURE OF

MANAGEMENT
CONSULTING IN 2021 :
WILL AI DISRUPT MBB
Presented by
Group 7
Harikrishnan K 21DM073
Kalidas Prasad 21DM089
Kanishk Kumar Singh 21DM093
Mohit Gupta 21DM118
Monica Verma 21DM119
Nakul Krishna K S 21DM124
 INTRODUCTION
The MBB is the vernacular moniker for the world's three largest
strategic consulting firms in terms of revenue. They are regarded as
the most prestigious management consulting organisations in the
world. McKinsey is the largest in terms of personnel and revenue,
followed by Boston Consulting Group and Bain & Company. The
growth of technology and artificial intelligence (AI) may signal the
start of a shrinkage in the management consulting sector. According
to a Harvard Business Review article, even the most elite consultants
stand the possibility of being replaced by artificial intelligence in the
near future.
They predict that IT behemoths would capture a higher part of AI
transformation projects than management consultancies.
Management consulting firms have less experience working with
large data volumes and developing AI models.
WHY DON'T YOU HEAR
ABOUT DISRUPTION
Because management Big Consulting companies
consultants don’t like to get avoid limelight as they work
talked about. with many companies and
Increased limelight brings
critical observation.
Every company that matters to a
consulting firm already knows them
and a significant share works with
them. Any company working with
1000s of companies will inevitably
work with failed companies that can
sabotage their image.
 USP

PEOPLE INFORMATION

KNOW-HOW REPUTATION
/ RELIABILITY

People are Learn from Convincing No one got

highly competitors an fired for
skilled organisation hiring
is difficult for McKinsey
AI Build a
good
reputation
over years
 HOW WILL USPS CHANGE
People Tech Companies VC's Information

Hard to retain Attractive Building own Companies share

Attracted by employers business granular data
tech companies Chance to work More money with AI vendors
at higher levels in chasing new Machines take
top companies startups over decision
Rise of FAAMG making
Accurate decison
making than
consultants
 HOW WILL USPS CHANGE
Know-how General Skills Hard-Skills Reputation

Skills & Projects at Consultancies Advantage for

Expertise cheaper rate are 2x2 matrices established
Less risk than MBB while Al's are consultancies
compared to On-demand millionsxmillions Close
other USPs hiring AI vendors can connections
capture with alumni &
significant customers
market share
Process mining
They are rich enough to buy their way
out of some of the challenges listed
above but their buying capacity is also
limited.
As partnerships distributing profits
over the years, they are not sitting on
FUTURE
top of massive cash piles like Apple
which they can use to buy their way
out of any problem.

Interest in these companies is not

a great way to measure their
The buzz around Palantir’s IPO will
be gone soon but it seems that
management consultancies are
on a declining trajectory and this
can be attributed to the factors
harming their USPs:
THANK YOU