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Business Models of Consulting Firms: What do their Leaders Need to Know?

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  • Stone Merlin

    (St. Mary’s University, London, UK)

  • Parnell Brett

    (MI-GSO | PCUBED, London UK)

Abstract

Management consultants have found the business model concept to be a useful consulting tool. This article explores its application to management consultancy itself, identifies some business models used by consulting firms, and explores what information leaders of management consulting firms need in order to check whether their business models are right for their markets, and working appropriately.

Suggested Citation

  • Stone Merlin & Parnell Brett, 2023. "Business Models of Consulting Firms: What do their Leaders Need to Know?," Management Consulting Journal, Sciendo, vol. 6(2), pages 123-131, June.
    • Handle: RePEc:vrs:mancon:v:6:y:2023:i:2:p:123-131:n:3
    DOI: 10.2478/mcj-2023-0014
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