Part 1: Navigating the Future: AI, Gen AI, and Managed Services in Management Consulting

As technology grows day by day, businesses also grow to stay ahead, or else be obsolete.  AI and Gen AI is impacting the MC industry requiring a major transformation in operations and services.  The MC industry is a $1T business globally and is expected to rise to $5T by 2028. This paradigm shift is both a challenge and an opportunity for the MC industry. AI and Gen AI has changed the way we interact with technology. This new technology will impact the business domain in general and specifically MC, which has always been a human centric industry. The MC sector offers specific knowledge and solutions to companies across different industries.  AI and Gen AI consulting services will take MC to a higher level of performance, alter the nature of MC more than ever, allowing for the automation of operational processes as well as enhancing the quality, and service effectiveness. AI and gen AI is more than an incremental tech revolution – it is in fact a major paradigm shift that MC firms need to embrace. Guest Bio Pranav Bhardwaj who is currently the Global Lead for the Operate Program and Deloitte Consulting. Pranav is a career MC, having worked in the MC industry since the age of 22. His clients have spanned from the UK to South Africa, from Japan to the US and 8 years ago he dropped an anchor in Lake Ontario and has been living in Toronto a few minutes from the lake. His areas of specialization are enterprise strategy, artificial intelligence, product development and supply chain management. In his current role, he is supporting the definition and execution of a firmwide strategy that would impact the 400,000+ employees and Deloitte and over 3000 clients that Deloitte serves globally. A mechanical engineer with a business degree from Ivey business school, he is passionate about all thing’s technology, people and reading!

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