Magazine

Knowledge for modern consulting

Expert articles, playbooks and a glossary on AI in consulting, data protection, margin and methodology.

72 terms

Glossary

72 clear definitions from consulting, M&A, restructuring and AI, with examples from practice.

Open glossary
Two hands pointing at a laptop screen
Expert knowledge4 min read

AI in management consulting: where it really helps today, and where it does not

Today, AI mainly takes over the groundwork in consulting: research, screening large volumes of documents, first structures and drafts. Judgment, recommendations and responsibility towards the client stay with the consultant. What makes the biggest difference is not the AI model, but how it is built into a firm’s workflows.

Read
Skyscrapers seen from below
Expert knowledge4 min read

Commercial due diligence with AI: process, opportunities, limits

In a commercial due diligence (CDD), AI mainly speeds up the legwork: market research, competitor overview, screening the data room and analysing interviews. The core question, whether the target company’s business plan is realistic, remains an assessment by experienced consultants. Used well, AI above all buys time for exactly that assessment.

Read
Lit office rooms in a building facade in the evening
Expert knowledge4 min read

IDW S6 restructuring opinions: structure and where AI helps

A restructuring opinion under IDW S6 has to deliver a comprehensive analysis in a short time: starting position, causes of the crisis, target picture, measures, integrated planning and a judgment on restructuring feasibility. AI can mainly help with gathering information, analysing documents, structure and consistency checks. The assessment of restructuring feasibility, and the responsibility for it, stay with the expert.

Read
Four skyscrapers seen from below against a blue sky
Expert knowledge3 min read

Boutique vs. Big Four: why smaller firms need to catch up on AI now

The large firms are building their own AI platforms, hiring fewer entry-level staff and realigning how they work. For boutique firms this creates pressure on prices, speed and talent. At the same time, smaller firms have an advantage: they can decide faster and rely on ready-made solutions instead of developing their own for years. What matters is to start now.

Read
Three people talking in front of a window front overlooking the city
Expert knowledge4 min read

Corporate strategy teams: more analyses with a small team

Strategy and corporate development teams are usually small, yet the requests from the board and business units are numerous and urgent. AI can significantly speed up research, market monitoring, competitor analyses and the screening of acquisition targets. For this to work, you need fixed workflows, sources for every statement and a secure environment for confidential information.

Read
A team sticking colourful sticky notes on a glass wall
Expert knowledge4 min read

Knowledge management in consulting firms: how project knowledge stops getting lost

In consulting firms, the most valuable knowledge sits in the heads of experienced consultants and in old project folders. Classic solutions such as wikis or lessons-learned workshops usually fail because of the lack of time in day-to-day project work. Knowledge management only works when it happens on the side, in the flow of work: methods as fixed workflows, insights automatically in a shared knowledge base, searchable with AI and cleanly separated by engagement.

Read
Long corridor with glass walls and a wooden floor in an office
Expert knowledge3 min read

Audit-proof AI results: sources, approvals, liability

Anyone who uses AI in consulting projects remains responsible for the result. The AI is not liable, the firm is. For AI-assisted deliverables to stand up in front of clients, banks or investors, three things are needed: a source for every statement, fixed approvals by experienced consultants and complete documentation of how a result came about.

Read
A person presenting to a team in a meeting room
Playbook5 min read

Commercial due diligence checklist

A commercial due diligence (CDD) has to answer one central question within a few weeks: is the target company’s business plan realistic? This checklist guides you through all review steps so that nothing important is missed under time pressure.

Read
Two skyscrapers at dusk photographed from below
Playbook5 min read

Market entry analysis in 5 steps

Whether a new country, a new industry or a new customer segment: a market entry analysis ultimately answers one overarching question: is it worth the effort to take the offering into this market? If the answer is positive, the concrete market entry strategy is worked out afterwards.

Read
Two people working and talking at laptops, photographed through a pane of glass
Playbook5 min read

Checklist: is this AI tool safe for client data?

Client data is among the most sensitive information a consulting firm holds, especially in M&A, due diligence or restructuring engagements. Before an AI tool is allowed to work with it, it should pass this checklist.

Read