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How Consulting Will Likely Change Because of the Pandemic

Innovation Excellence

I’ve already written about how the management-consulting industry is being disrupted by various trends like emerging technologies, the commodification of knowledge, and outdated business models. Scalable Business Models. The traditional big-firm consulting business model is based on “leverage.”

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Your Strategy Has to Be Flexible — But So Does Your Execution

Harvard Business Review

Action plans and Gantt charts can span many pages in pursuit of precision and concreteness. Yet, it tried to sell its digital cameras using the same business model as its film-based cameras – by aiming to make high margins on instant film sales. Polaroid, for example, was a pioneer in digital photography.