Category: Consulting News

A Consultant Examines the American/JetBlue Partnership

American Airlines and JetBlue launched a route sharing partnership of more than 70 routes in late February, despite pushback from certain states and pilot groups. The code-sharing agreement allows the airlines to sell each other’s flights and share ticketing platforms, crews, planes, and terminals. Looking through the lens of a consultant, what can we learn…

RSM Experiences Growth in 2020 Despite Pandemic

Despite the COVID-19 pandemic, RSM revenue in 2020 grew 9.2% to $6.3B. RSM is a leading global provider of audit and tax services focused on the middle market. It has been increasingly focused on selling consulting services as well which contributed significantly to the RSM growth. And with a massive team of 48,000 people across…

McKinsey Names New CEO, Signaling Move Away from Pure Strategy

McKinsey’s new CEO (Global Managing Partner) is Bob Sternfels. Sternfels was McKinsey’s North America Operations Lead and most recently, the head of Client Capabilities (Analytics). Former CEO Kevin Sneader had lost the support of a significant portion of the partner base, primarily as a result of changes he had pushed aimed at keeping McKinsey free…

BCG Study Says Banks Must Adapt To Digital-First Model

Digital banking. It was a hot button topic for financial institutions even before the pandemic broke out. Now, as customers experience a fundamental shift away from physical services, a digital-first approach is more important than ever. According to a new BCG study, banks are reeling, but can conquer future challenges by focusing on the right…

How Accenture Was Excluded From Vault’s 2021 Top 50 Rankings

The Vault Top 50 Consulting Firms list has been used by prospective consultants for almost 20 years to evaluate potential employers. Yet, the list made waves this year for excluding one of the world’s largest consultancies – Accenture. For the past decade, Accenture - one of the world’s most popular consulting firms - has been…

Partner Hires in Middle East Reveal Where PwC is Expanding

PwC Consulting’s recent appointment of five new partners in the Middle East provides insight into the firm’s expansion efforts, with a special focus on transformation. In addition to transformation services, strategy implementation, market restructuring, and energy transition are also practice areas that PwC is investing in. As consultants seek opportunity, the addition of new partners…

According to BCG Study, Retail Banks Must Adapt a Digital-First Operating Model in Light of Acceleration Brought on by Pandemic

Digital banking. It was a hot button topic for financial institutions even before the pandemic broke out. Now, as customers experience a fundamental shift away from physical services, a "digital first" approach is more important than ever. According to a new BCG study, banks are reeling, but can conquer future challenges by focusing on the…

Arthur D. Little Hires Former McKinsey Partner

Raffaela Ritter, one of the youngest McKinsey Partners ever, has officially shifted from McKinsey Austria to Arthur D. Little Europe. Her new position as practice head speaks to the quality of McKinsey exit opportunities, but more importantly, gives us insight into the future of the European Financial Services practice at Arthur D. Little. Arthur D.…

Oil & Gas Companies Face Difficult Road Ahead, According to New BCG Study

TSR Consulting, or Total Shareholder Returns (TSR) consulting, focuses on helping public companies maximize shareholder returns. A company can deliver shareholder returns via stock price appreciation, dividends, or some combination of the two. Unfortunately for the big oil industry, a recent study by Boston Consulting Group (BCG) finds that it has underperformed the S&P 500…

MBA Internship Application Deadlines for McKinsey, Bain, and BCG

Can you believe it's already fall and heading towards winter? MBA first years: it's crunch time! Bain and BCG have released MBA internship application deadlines, and we've aggregated the relevant dates and links so you know exactly when you need to have your application submitted. We expect McKinsey to not release an application deadline for…