Part 2: 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. Part 2 of the Innovation Nation episode with Pranav Bhardwaj explores how AI and Generative AI are reshaping management consulting. It covers strategic implications like new business models, managed services, and outcome-based pricing. The discussion highlights data governance, compliance challenges, and how firms measure ROI from AI. It also examines the evolving competitive landscape as tech giants and boutique AI firms disrupt traditional consulting. Finally, it emphasizes why human judgment, ethics, and trust remain critical alongside automation.   Guest Bio Pranav Bhardwaj 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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