top of page
Red Dots Band Image

The Evolution of Advisory

1910s-1920s

The Birth of Modern Consulting

  • Management consulting emerges as a profession 

    • Arthur D. Little founded (1886)

    • Booz Allen Hamilton established (1914)

    • McKinsey & Company founded (1926)

 

1930s-1940s

The Great Depression and World War II drive demand for efficiency and strategic business planning

 

  • Rise of operations and strategy consulting

1950s-1970s

The Era of Structured Methodologies

  • 1950s: Rise of strategic planning for long-term growth strategies

  • 1963: Boston Consulting Group (BCG) founded 

  • Introduction of frameworks like the Growth-Share Matrix

  • Introduction of data-driven decision-making

  • Development of corporate restructuring techniques

 

1980s-1990s

The Rise of Digital & Process Optimisation

 

  • 1980s: Emergence of technology consulting as computers become core business functions 

    • Firms like Accenture (formerly Andersen Consulting) begin integrating IT advisory

  • 1990s: Rise of ERP systems (SAP, Oracle) 

    • Focus on process reengineering and operational efficiency

    • Expansion into technology-driven business transformation

 

2000s-2010s

Digital Transformation & Data-Driven Insights

 

  • 2000s: Dot-com boom and globalisation shift consulting focus 

    • Digital strategy

    • Outsourcing

    • Global expansion

  • 2010s: Explosion of big data, AI, and automation redefines advisory services 

    • Shift from static reports to continuous advisory

    • Growing demand for real-time insights and predictive analytics

 

2020s & Beyond

ntelligent Advisory & Platform-Based Consulting

 

  • 2020s: Evolution from traditional to digitised advisory 

    • AI-driven diagnostics

    • Optimisation engines

    • Collective intelligence platforms

    • Shift from traditional consulting engagements to platform-based advisory

    • Delivery of professional-grade insights without reliance on external consultants


Future Trends
•    Blending of human expertise and AI
•    Creation of autonomous, self-optimizing advisory platforms
•    Real-time strategic guidance
•    Integrated benchmarking and predictive insights

The Stream Insights (Si) Revolution
•    Key Innovation: Si doesn't consult—it connects
•    Core Differentiator: Blends financial, operational, and system data with people-sourced intelligence
•    Capabilities: 
o    Reveals what's happening
o    Explains why it's happening
o    Recommends what to do next
o    Closes the loop between data and decision
o    Bridges strategy and reality
o    Connects intent with impact
Key Results
•    People-sourced data becomes core to decision-making
•    Advisory becomes intelligent, adaptive, and decentralized
•    The missing layer of business intelligence is finally integrated

Stream Insights Logo

© 2024 by Stream Insights

bottom of page