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Author:Armbrüster, T.
Kipping, M.
Title:Strategy consulting at the crossroads: technical change and shifting market conditions for top-level advice
Journal:International Studies of Management and Organization
2002 : WINTER, VOL. 32:4, p. 19-42
Index terms:Consultancy
Evolutionary economics
Information economics
Information technology
Management consulting
Strategic management
Technological change
Language:eng
Abstract:The market for strategy consulting companies changed remarkably in the 1990s. The growth of IT-related advice and the entrance of new competitors into strategic advice emerged as new market determinants. Even though growth is stable, strategy-consulting companies face increasing competition from service providers that had originally specialized in other fields of consulting and related activities. The changes that triggered the shifts in the consulting market structure are outlined in this article, and evolutionary economics, information economics and embeddedness theory are referred to in order to explain them.
SCIMA record nr: 255844
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