Consulting in the Age of AI: A Qualitative Study on the Impact of Generative AI on Management Consultancy Services
Frédéric Tronnier, Sascha Löbner, Kai Rannenberg · Proceedings of the ... Annual Hawaii International Conference on System Sciences/Proceedings of the Annual Hawaii International Conference on System Sciences · 2025
AI-generated evidence extraction, verified across multiple analytical personas. Not a substitute for the peer-reviewed original.
This is an AI analysis. Read the peer-reviewed original at the publisher: https://doi.org/10.24251/hicss.2025.017
Methodology & findings
Study design
Qualitative content analysis based on 15 semi-structured expert interviews with German-speaking management consultants, conducted online via Microsoft Teams from February 5, 2024, to August 21, 2024.
Sample
N = 15, 1 group
Primary method
Qualitative content analysis
Main result
The study found that "GenAI impacts MCs in all three areas of value creation, value proposition, and value capturing and will likely continue to do so, with technological improvements and MCs searching for new use cases." The results indicate that "GenAI are currently primarily used for two tasks in the value chain of MCs: to serve as an assistant by taking over routine tasks, such as creating templates, performing analysis and administrative work, and to significantly improve the knowledge management in MCs." Additionally, "all experts argued that GenAI cannot entirely replace consultants, as they remain the main source of value for their customers."
Reports effect sizes.
Research paradigm
Interpretivist/Qualitative
Author conclusions
"Fifteen expert interviews were conducted and analyzed using qualitative content analysis, following Mayring (2014). The interviews demonstrate that GenAI impacts MCs in all three areas of value creation, value proposition, and value capturing and will likely continue to do so, with technological improvements and MCs searching for new use cases." The authors conclude that "While the most important resource in MCs, the consultant, will remain indispensable, their work will shift towards more value-creating and creative tasks" and that "Industry-specific knowledge and project experience could be sold as a software product, creating new business processes and revenue streams."
Risk of bias
Selection bias: Sample of 15 consultants may not be representative of all management consultancies; Potential response bias from consultants discussing emerging AI technology in their field; Selection bias: Experts contacted via email, personal networks, or LinkedIn may not represent broader consulting industry perspectives; Gender bias: Only two female experts participated despite aiming for equal representation; Geographic bias: Limited to German-speaking consultants; Informant bias: Acknowledged and addressed through purposive sampling from diverse MCs with varying seniority; Interviewer bias: Potential influence from researcher during semi-structured interviews; Respondent bias: Self-selection of consultants willing to participate (not compensated); Informant bias: Although efforts made to reduce through sampling diverse firms and seniority levels; Translation bias: Interviews conducted in German then translated to English using DeepL, potential meaning distortion; One-sided perspective: Data collected only from consultant viewpoint, not client perspective; Informant bias: Experts self-selected to participate, potentially skewing toward those with stronger GenAI interest or adoption; Selection bias: Non-random sampling via purposive sampling from personal networks and LinkedIn; not compensated, potentially attracting those with stronger interest in AI; Researcher bias: Only consultant perspective captured; Small sample size (n=15) limits generalizability across consulting fields and countries; Interview timing bias: Interviews conducted February-August 2024, during rapid AI development, making time-sensitive statements potentially outdated; only 15 German-speaking experts
Limitations
- "This qualitative study focuses on MC and has gathered data from the consultant side only, thus no insights and reports from the client side are considered
- Interviews were limited to 15 German-speaking expert, a majority of which have been male." The authors note that "while the qualitative approach chosen naturally does not aim to formulate statistically representative statements, we aimed to anonymously sample respondents from different consultancies, of different size and with differing seniority." Additionally, "Significant discrepancies in the degree of expected productivity gains were noted by experts, with only limited research attempting to quantify them."
Open questions raised
- Authors identify need for quantitative and mixed-methods approaches to investigate the topic in greater detail and to quantify the impact GenAI might have on MCs. Future research should observe differences between specific fields of consulting, such as finance or IT-security. From a theoretical perspective, the socio-technical system representing the interplay of consultants, clients, and GenAI applications is identified as a worthwhile avenue for future research.
- Limited existing research on digital transformation impact on management consulting business models
- Client-side perspectives and insights (this study only captured consultant viewpoint)
- Longitudinal studies to track actual productivity gains and cost impacts over time
- Larger and more diverse sample including non-German-speaking consultants and female perspectives
- Limited quantitative research on productivity gains from GenAI in consulting
Explore related topics
Related papers
- The effects of over-reliance on AI dialogue systems on students' cognitive abilities: a systematic reviewChunpeng Zhai · 2024 · 1,009 citations
- Challenges and Opportunities of Generative AI for Higher Education as Explained by ChatGPTRosario Michel‐Villarreal · 2023 · 749 citations
- To use or not to use ChatGPT in higher education? A study of students’ acceptance and use of technologyArtur Strzelecki · 2023 · 691 citations
- Teacher support and student motivation to learn with Artificial Intelligence (AI) based chatbotThomas K. F. Chiu · 2023 · 617 citations
- Do AI chatbots improve students learning outcomes? Evidence from a meta‐analysisRong Wu · 2023 · 469 citations
- Beware of metacognitive laziness: Effects of generative artificial intelligence on learning motivation, processes, and performanceYizhou Fan · 2024 · 419 citations