WHO IS consulting good for? Consultants, clearly. Chief executives, who can blame failure on unhealthy exterior recommendation and take credit score for profitable counsel. Additionally, for the business’s one listed behemoth, its shareholders. Between the beginning of 2015 and the top of 2024 Accenture, which cut up off from its accounting sibling in 2000 and went public a yr later, generated a complete return (together with dividends) of round 370%, handily outdoing not simply the S&P 500 index but in addition Goldman Sachs and Morgan Stanley, rival redoubts of advisory smugness. As America’s stockmarket climbed to an all-time excessive in February, the agency was price $250bn, greater than both funding financial institution.
