Many thought that the widespread adoption of artificial intelligence in business would be the beginning of the end of business counseling. But it turned out to be the other way around. Market analysis has shown that it is ai strategy consulting that is one of the most in-demand areas in this field. What else is different in business consulting in 2024 and what trends can be traced, we will understand in this article.
The Use of AI in Consulting
Artificial intelligence has a double meaning in this field:
- First, the professionals themselves use the technology for their work. They develop strategies for their clients based on the data the system collects for them. Ai is also actively used to predict the results of the implementation of different processes.
- Secondly, consulting companies need to delve deeper into the topic of technology to be able to advise their clients on how to implement innovative systems in their companies. Research has shown that more than 43% of large market players who don’t use AI are ready to implement it.
It is the latter aspect that has caused the emergence of a new trend in consulting: firms that specialize in competing with innovative services. This is probably the main trend in 2024, which is rapidly becoming popular due to its demand.
HR Consulting
The pandemic is gone, but its results will remain forever. When it comes to business, it is the staffing problem that has changed globally. While in the past, top employees with a certain set of skills held on to their place and wanted to build their career in one company, the availability and convenience of remote working has opened more doors.
It becomes difficult for campaigns to get the perfect employee within a limited budget. Almost the entire world is open to specialists, and there are plenty of offers for strong professionals.
The task of consulting companies is to develop a strategy to attract and retain employees. In this area, the solutions are always complex. From changing the workflow organization and introducing flexibility in the corporate structure to helping to create a work-life balance for all members of the business team.
Transformation Of Work Processes
This trend follows on from the previous one. Again, the pandemic showed how convenient it’s to work outside the office at least part of the time. As it turned out, companies find the hybrid format of work, if properly organized, also very profitable. But it’s very difficult to fully organize it without the help of specialists.
Consulting companies take on the construction of the transition process, from the choice of digital tools for employee control and communication to the organization of work schedules and face-to-face office visits. In large enterprises, this is a huge amount of work that is almost impossible to handle without outside help. However, managers are forced to take such steps and spend on consulting in order to optimize costs and retain valuable staff in the future.
What is in store for consulting in the future? Experts are sure that the heyday of the direction is yet to come. The market is rapidly changing, businesses need competent consultants. Firms that can quickly adapt to the changing needs of their clients will quickly become market leaders.
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