Tag Archives: Consulting Firms

A Case Studies on Morphology of Management Consulting Typologies

A Case Studies about Morphology of Management Consulting Typologies

Abstract: The identity of the consultant is not theorized as one definable construct but ratherby morphologicaltypologies that share similarities while at the same are conceptualized as being vastly different. In examining the literature of morphological typologies of consultants, this paper seeks to explore how various consulting identities that are constituents of typologies interact with identity claims that seek to influence potential client perceptions. The paper starts by exploring the literature documenting organizational identity before specifically focusing on converging and i verging identities of the consultant. The paper then identifies key variables that that appear in a significant number of consultant identities highlighting both the similarities and differences.

Case Study on Management Consulting Typologies

Introduction: The paper examines consulting morphological typologiesby identifying claims consulting firms make and conceptualizes specific characters that are seen as constituents of particular morphologies. We begin by examining the evolution of organisational identity from what has been theorized as enduring (Albert and Whetten, 1985) to dynamic (Fiol, 1991). The paper then explores thecharacterization of consultants and establishes a theoretical framework from the extant literature. Finally an integrated conceptual framework that categorizes the various consulting characters is presentedand assimilating them in 6 specific groups.As the term management consulting is used throughout this paper, it is necessary to define how the term is understood. The literature defining consultancy is plural in nature, perceived differently by those in the industry, in comparison to those academically studying the phenomena. keep reading…

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Financial Case Study of a Consulting Actuarial Firm

Abstract: One out of five casualty actuaries is a consultant. Increasingly large numbers of casualty actuaries are practicing in small, independent consulting firms. The finances of these firms are based on the repetitive performance of technical work and are potentially predictable. A case study of a decade of income and expense data confirms their stable nature in aggregate, while revealing significant variation by source.

Financial Case Study of a Consulting Actuarial Firm

Particular emphasis is given to analyzing expenses. Compensation is the major expense in these firms, followed by rent, office maintenance, insurance and professional services. Productivity is measured in compensation per hour worked and may be analyzed from the perspective of both owners and staff, Productivity varied significantly in the decade examined. An extended period of rising productivity indicates that budgeting and careful management can have a positive effect on productivity in small consulting firms. Click here to read more…

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Case Study Wardrop Engineering Inc.

For more than half a century, Wardrop Engineering has offered a full suite of technical and professional services to clients and communities around the world. The Wardrop name is recognized for its excellence, innovation and value. One of the fastest growing consulting engineering firms in North America, Wardrop has grown by delivering innovative and practical solutions on large and small, simple and complex projects for clients in both private and public sectors. Click here to read more…

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A Case Study on Growth and Leadership at McKinsey & Company

In 2005, Mckinsey & Company (Mckinsey) was the world’s largest and most prestigious management-consulting organization, with 7,000 consultants in 82 offices across 44 countries with annual revenues of $3.4 billion. During the dotcom boom, Mckinsey had expanded its business rapidly. Like most other consulting firms, Mckinsey had got carried away in the e-business wave to increase revenues and partner payouts in 2000. When the boom turned to bust, the firm was stuck with far too many consultants and not enough assignments. The utilization rate, of its consultants fell to 52% in 2003, its lowest level in more than 32 years, compared to 64% during the boom.

Growth and Leadership

The case describes the entrepreneurial history of the firm and the efforts of the visionary, Marvin Bower in making Mckinsey a global player. The note gives a snapshot of the management consultancy industry. The leadership at Mckinsey and the knowledge management has been described. The case highlights the real challenge for the new managing partner to continue the growth of the firm. It ends on a debate whether Mckinsey compromised on its core philosophies for growth and would Mckinsey be able to remain a leader in the industry, without compromising its founding values. Click here to read more…

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Filed under Business, Business Strategy, Concepts, Free Cases, General Management

Case study on Towers Perrin

Towers Perrin was a professional services firm
specialising in human resources and financial
services consulting, which merged in January 2010
with Watson Wyatt to form Towers Watson.
The firm was a provider of reinsurance intermediary services,
and are active in the actuarial consulting arena
with their Tillinghast insurance consulting practice.

One of the world’s largest management and
human resources consulting firms moves
procurement of goods and
services online via an e-business on
demand™ utility computing option.

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Towers Perrin ,
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Filed under Business, Business Environment, Business Ethics, Business Strategy, Energy Management