The management consulting industry Growth of Consulting Services in India: Panel Discussion

摘要

Management consulting as an industry has received less attention than it deserves in academic research. This could be attributed to the myriad forms of organizations/ business models the industry supports, the fragmented nature of the industry, or even questions about the legitimacy of the role of the organizations/ business models in large corporate/ government clients. The academic note, preceding the panel discussion on the Indian management consulting industry, intends to study management consulting as an industry, define its boundaries, elaborate on business models, and describe positioning options/ sources of competitive advantage. Institutional entrepreneurship and transaction cost economics lenses are used to study management consulting firms as “professional service firms”.