Florence J Martin

Business Consulting Guide For Novice Florence J Martin

The consulting industry can trace its roots back to the late 19th century, when the world's first modern consulting firms were founded. From the turn of the century onwards, management consulting - which early on focused mainly on engineering and finance - increasingly gained terrain in the business world, although it wasn't until the 1930s that consulting firms started to grow their size beyond a few founding partners and small teams. In the slipstream of the growth of scientific management, operations and organisational theory, the number of consulting firms rapidly expanded in the next decades, with today's well-known US firms such as Arthur D. Little, A. T. Kearney, Booz Allen Hamilton and McKinsey & Company playing a frontrunner roleThe consulting industry started its internationalisation in the early 1960s, when the large American management consultancies expanded into Europe, bringing their management models and experience to transform European organisations.