A Bi-Weekly 'Think Piece' For Consulting Firms

EDITION #117

JANUARY 29, 2025

Dear reader,

Here comes the 117th edition of the newsletter.

Our new article in this edition discusses the biggest mistakes we've witnessed consulting firms make this past year.

In 2024, the consulting market remained challenging (despite expectations of more substantial improvements). Budgets are under pressure, competition is fierce, and clients are more risk-averse and cautious.

None of this is particularly new. But the mistakes we discuss aren't symptoms of a tough market. They amplify the market challenges.

As always, we hope to create a bubble of calmness with this bi-weekly ‘think piece’, a place of stillness in the face of everyday stress—a chance to reflect on what really matters in your consulting work..

Enjoy reading,

Luk & Florian

OUR NEW ARTICLE

The Biggest Mistakes Consulting Firms Made in 2024

Over the past year, we have collaborated with numerous consulting firms. Among them, several have achieved remarkable success, enabling us to expand our collection of exemplary practices.

Conversely, others encountered difficulties, and through our partnership, they managed to surmount these hurdles and improve their overall performance.

Each one, on the surface level, presented a unique case. They were in different industries, offering different services, and were of various sizes. Yet, as we delved deeper, recurring patterns and common themes among these consultancies became apparent.

These big mistakes often keep these consulting firms stuck in low-margin, project-by-project work, struggling to break through ‘The Project Wall’.

In this article, we dive deeper into some of the most common or pronounced mistakes we’ve observed.

READ THE NEW ARTICLE