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By Dr C J Meadows

Consultants often get a bad reputation, yet there are more of them today than ever before. Between 2005 and 2025, the number of management consulting firms worldwide rose from 1.4 million to 3.6 million. The industry is now worth over USD 1 trillion and is projected to grow at an 8 percent CAGR through 2028.

Clearly, they must be doing something worth paying for.

But like every other sector, consulting is changing fast. Big firms now compete with boutique agencies, independent experts, AI-driven platforms, and digital ecosystems that enable gig-based consulting work. Traditional firms are hiring more selectively, with fewer entry-level roles, but the overall industry continues to expand. The skills that consultants build are increasingly the on

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