AI Transforming Consulting: Strategies, Ethics, and the Future

The world of consulting is experiencing a seismic shift, largely driven by AI. In this episode, we are joined by Ryan Shanks (Head of Innovation for Accenture EMEA), Alex Osterwalder (CEO of Strategyzer), and Rita McGrath (Columbia Professor, Author and Founder of Valize). They discuss the traditional consulting model, the impact AI has on roles within consulting, and the broader implications on the industry and society. They also delve into the importance of human skills, the evolving business models, the significance of trust in digital transformation, and the shifting landscape of organizational structures and career paths. A must-watch for anyone involved in or interested in the consulting sector.

00:00 Introduction to the Changing World of Consulting

00:40 Traditional Consulting Models and Their Evolution

02:01 Impact of AI on Consulting Roles

02:28 Building and Hiring in the New Consulting Landscape

03:23 AI's Role in Transforming Business Models

05:18 Real-World Examples of AI Integration

14:09 The Need for Continuous Reinvention

18:28 Outcome-Based Consulting and Ethical Dilemmas

24:46 Future of Consulting: Marketplaces and Ecosystems

26:35 The Rise of Small AI-Driven Firms

27:23 Impact on Education and Hiring

28:35 Human Skills in the Age of AI

30:22 Trust and Ethics in AI

31:36 Adapting to Rapid Change

32:53 The Role of Human Sciences

36:09 The Future of Work and AI

43:16 Leadership and Governance Challenges

46:10 Final Thoughts and Reflections

Find Rita: https://www.valize.com

Find Alex: https://www.strategyzer.com

Find Ryan: https://ie.linkedin.com/in/ryanmartinshanks

Find The Reinvention Summit: https://www.thereinventionsummit.com

Innovation, AI, Consulting, Business Strategy, Digital Transformation, Reinvention, Change Management, Future of Work, Organisational Culture, Emerging Trends, Rita McGrath, Alex Osterwalder, Ryan Shanks, Strategic Inflection Points, Ecosystem Thinking, Entrepreneurship, Human-Centric Design, Technology Disruption, Leadership, Continuous Reinvention