Business | Schumpeter

The rise and rise of Accenture

The consultancy has ballooned into a consulting behemoth. Can it keep growing?

Mar 12th 2020

MANAGEMENT CONSULTANTS thrive on a simple business model. First, scare companies by laying bare where they are failing. Then soothe them with counsel on how to improve. The scaring part has grown easier as technology upends one industry after another. Rare is the chief executive these days unconcerned about cyber-security, artificial intelligence (AI) or their online offering. The soothing, though, may have become harder. Who is a boss to trust when consultancies themselves are only slowly getting to grips with the meaning of technological upheaval?

This article appeared in the Business section of the print edition under the headline “The rise and rise of Accenture”