The Future of Consulting: 5 Key Trends to Watch by 2035

Here are the key considerations for the future of consulting by 2035, structured into "Future Scenario" and "Rationale":

1. Technological Advancements

• Future Scenario: AI, immersive technologies, blockchain, and quantum computing will revolutionize consulting.

• Rationale: These tools enable advanced data analysis, real-time simulations, and decentralized decision-making, increasing demand for tech-savvy consultants.

1. In-house Foresight Capabilities

• Future Scenario: Companies will develop their own foresight expertise for faster, cost-effective insights.

• Rationale: Internal capabilities allow agile strategic planning and better alignment with organizational goals amid rapid changes.

1. Disruption by AI-Startups

• Future Scenario: AI startups will challenge traditional firms with innovative solutions.

• Rationale: Startups offer flexible, scalable, and cost-effective services, meeting the need for rapid, data-driven insights.

1. Shift in Value Proposition

• Future Scenario: Consulting will emphasize strategic, creative approaches to navigate uncertainties.

• Rationale: Clients need unique perspectives and resilient strategies as linear development becomes less relevant.

1. Democratization of Foresight

• Future Scenario: Open-source tools will democratize foresight, reshaping the competitive landscape.

• Rationale: Lower barriers to entry and diverse viewpoints will foster innovation and broader participation in future planning.