Specialized or General Consulting: Which Path Ensures Your Success?
Wrestling with your career focus: niche expertise or broad scope? A 2023 "McKinsey" report confirms the edge: firms using specialised consultancy achieve roughly 20% faster growth. Deep expertise is undeniably the new benchmark for sustained success. Read on to explore the advantages and disadvantages of each model to determine your optimal path. The Premium on Niche Expertise: Why Deep Focus Commands Higher Fees The consulting landscape is redefining itself. Generic knowledge is insufficient for addressing today's complex challenges. Organisations now seek surgical precision, acknowledging that specialised advisory delivers solutions that generalists simply lack the capacity for. This section dissects why firms...
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