In Europe it is the norm for city authorities to commission well-researched briefs from top consultancies and universities before design briefs are handed out.
The sale is yet another change in ownership for AlixPartners, which has grown over 30 years into one of the top consultancies in the world of bankrupt and financially distressed companies.
Moreover, within a few months of completing their consulting projects, up to one-fourth of most top B-schools' M.B.A. students will be taking up jobs at top consultancies.
This reputation was arguably at its highest in the 1970s and 1980s when McKinsey was the top strategy consultancy, advising chief executives on big trends, sometimes persuading them to reshape entire industries.
In contrast, the crowdsourced model as envisioned by Appirio and TopCoder presupposes that for most problems there will be people who have the expertise to solve it faster and cheaper than if a top-down consultancy performed more targeted searches itself to implement a solution.
But its rivals, the hungry two other top-tier consultancies Bain & Co. and the Boston Consulting Group, are surely gleeful today, and will get to work seizing whatever advantage they can tomorrow.
Top-tier consultancies generally have a fast career track; you are expected to move up to the next role within 2 to 3 years.
Before the stroke, I was a change management consultant at a top-tier strategy consultancy.
Prior to his post as CEO, Mr. Ashkar worked as a management consultant for one of the world's top innovation-focused consultancies.
But those who last the distance in a top-flight management consultancy might be eligible for sponsorship through an MBA.
Even Federer, searching for ways to stay at the top, began a casual consultancy with the Swedish six-time slam winner Stefan Edberg.
