The role of consultants is changing as the rise of managed services turns them from advisors into service providers [Yahoo! Finance]
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Booz Allen Hamilton Holding Corporation (BAH)
Last booz allen hamilton holding corporation earnings: 1/31 06:45 am
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Source: Yahoo! Finance
While traditional advisory services still have an important role to play, advice alone is no longer enough for many companies to solve their operational shortcomings. Instead of being told what to do, businesses are increasingly looking for strategic partners to step in and run things for them, changing the role of consultants from advisors to operational partners. This shift is being driven by several critical business challenges: keeping pace with rapid technological change, maintaining agility amidst economic and geopolitical volatility, harnessing AI, and staying resilient against growing cybersecurity threats. These challenges are compounded by a global talent shortage as companies lack the people, skills, technology, and capabilities needed to stay competitive and meet growth targets. Consequently, they are turning to consultants and strategic partners to bridge these operational gaps. From advisors to managed services providers In response to this demand, many establishe
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- 5/24/24 - Beat
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- 6/27/24 - Form DEFA14A
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