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How GenAI is Transforming the Consulting Industry

How GenAI is Transforming the Consulting Industry
From productivity gains to new business models—here’s what you need to know.

The AI Revolution in Consulting

GenAI is reshaping how consultants work.
What used to take hours—writing reports, preparing decks, analyzing data—can now be done in minutes using generative AI.

Real Productivity Gains

Time savings are real—and measurable.
  • Grant Thornton: 7.5 hours/week saved using AI@GT
  • EY: 30 mins/week saved per employee using Copilot
  • IBM Consulting: >50% productivity increase with AI agents

New Business Models Emerging

Hourly billing is being challenged.
  • Globant launched “AI Pods”—subscription-based AI consulting.
  • AI strategy consulting now forms a major revenue stream for BCG, Deloitte, Bain, and others.

AI Brings New Challenges

But it’s not all upside.
  • BCG study: AI use = 12.2% faster work but more mistakes.
  • Overconfidence in AI without proper training can be risky.
  • Small firms struggle to keep pace with costly AI adoption.

The Future is Human + AI

The winning formula? Augment, don’t replace.
  • AI drafts, humans refine.
  • AI analyzes, humans interpret.
  • AI scales, humans personalize.

What This Means for You

  • Invest in AI tools and training
  • Shift to value-based pricing
  • Embrace hybrid human-AI workflows

Final Takeaway

GenAI isn’t replacing consultants—it’s redefining them.
Are you adapting fast enough?

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