Recessions are supposedly great times for innovation. Companies, their backs against the economic wall, are forced to be creative; those that rise to this challenge emerge stronger once the recovery comes.
Is the same true of consulting?
It should be. Long and deep recessions like this one create the need for new ways of managing. Post-recession, buyers of consulting want different services: the recession has changed them and they want it to have changed their suppliers as well.
So why does innovation always seem to be such a challenge for consulting firms?