Part 13/16:
A stark statistic emphasizes this shift: roughly 27% of a consulting company’s tasks are automatable today, and most AI projects have dismal success rates—about 90% fail to meet goals, with nearly half abandoned within a year. This undermines the core promise of consultancy: providing valuable expertise that improves clients’ operations. Instead, it reveals that much of their “advice” may be superficial or outdated.
Equally concerning is a talent drain. AI’s rise has made careers in tech, finance, and engineering more attractive. Top graduates increasingly choose roles at innovation-driven companies, leaving consulting firms struggling to attract the brightest minds. This talent shortage further diminishes the industry’s ability to offer innovative, impactful advice.