In consulting, corporations aren’t simply adopting genAI, they’re utilizing it to alter what productiveness means.
The report, Setting the Pace: How Management Consultants Are Leading the GenAI Revolution, reveals that 56% of consultants now save 3–4 hours every day utilizing genAI—a determine that towers over outcomes for monetary (34%) and expertise (31%) industries. However for Information Administration and Knowledge Technique leaders, you will need to uncover how that point getting used and the way it may help groups seize even better effectivity.
This piece explores what that productiveness actually means for consulting firms and the way information and information leaders may be on the frontier of genAI transformation.
From time saved to worth delivered
The time financial savings alone are staggering. GenAI now handles many manual tasks consultants as soon as managed: streamlining analysis, drafting content material, summarizing paperwork, and even supporting due diligence duties.
This isn’t nearly getting hours again. It’s about the place these hours are going. For corporations already adopting genAI tools:
- 82% of consultants report increased productiveness
- 53% say their job satisfaction has improved
- High advantages embrace higher decision-making, quicker mission completion, and higher-quality deliverables
For consulting corporations, this implies genAI isn’t changing expertise—it’s amplifying it. Time as soon as spent chasing information or drafting studies is now redirected toward deeper analysis, sharper insights, and client-ready deliverables.
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GenAI enhances, not replaces
For information and information managers, one of many key considerations is defending the strategic worth of their analysis groups. The excellent news: consultants don’t see genAI as a replacement, however as an enhancer.
The report exhibits that:
- 56% consider genAI will improve and never substitute human work
- 54% count on new roles to emerge alongside AI adoption
That’s a possibility for information leaders to place their groups to assist consultants integrate genAI into workflows, floor high-value insights, and make smarter use of saved time. The identical goes for analysis groups that information managers oversee, as their very own deliverables stand to take pleasure in the identical augmentation by means of genAI adoption.
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What Are main corporations doing otherwise?
Essentially the most forward-thinking consultancies are embedding genAI into firm-wide technique:
- 68% of corporations have bought or applied genAI instruments prior to now yr
- 42% of consultants have acquired superior coaching (in comparison with simply 15% in different sectors)
- 70% of consulting organizations run genAI coaching quarterly
This displays a bigger development towards transferring past experimentation, and into full-scale enterprise integration. What units these corporations aside is a dedication to scale; they’re not solely investing in tools however constructing the muscle to make use of them successfully. That features creating org-wide playbooks, rethinking service supply fashions, and embedding genAI into client-facing workflows.
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What this implies for information managers
As stewards of analysis high quality and information accuracy, information managers are uniquely positioned to guide genAI adoption in the event that they act quickly, and with clear targets.
1. Reinforce the information perform as a strategic driver
GenAI can carry out document review and data extraction, but it surely’s as much as customers throughout consulting and analysis groups to validate, contextualize, and ship trusted insights. Purchasers nonetheless depend on human judgment to information them to the most effective insights.
2. Allow smarter use of saved time
Consultants wish to do greater than transfer quicker—they wish to go deeper. Assist them use genAI to:
3. Embed genAI into your workflow
Quite than fearing a shift of their function, information leaders ought to embrace co-piloting genAI instruments:
- Design coaching on immediate engineering to assist consultants get higher outputs from genAI instruments, accelerating productiveness with out sacrificing high quality.
- Curate trusted datasets for genAI use so outputs are primarily based on correct, vetted, and related data and subsequently keep away from hallucinations or irrelevant responses.
- Set up governance and accuracy frameworks to make sure the agency’s use of genAI aligns with compliance requirements, mitigates danger, and reinforces shopper belief
These efforts don’t simply assist consultants, additionally they form how genAI delivers worth throughout the enterprise.
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Addressing danger head-on
Whereas optimism round genAI is excessive, so is awareness of its risks. From the report, surveyed consultants confirmed a number of areas of concern that should be addressed with a purpose to encourage profitable adoption:
- 58% cite information privateness and safety as prime considerations
- 34% fear about accuracy and overreliance on the expertise
- Medium-sized corporations, specifically, present the best sensitivity to those dangers
This underscores the crucial function of data and information leaders in each agency. You’re not only a purchaser of expertise however an authority on belief. GenAI implementations should be rooted in transparency, ethical sourcing, and reliable outputs. From verifying sources to setting utilization guardrails, information managers are important in guaranteeing genAI augments consulting work with out compromising high quality or compliance.
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Don’t Simply Catch Up—Lead
Consulting corporations are now not asking if genAI can improve productiveness—they’re determining how one can scale it responsibly. The corporations that succeed can be people who join genAI instruments to high-value consulting outcomes, guided by trusted information professionals.
Wish to see what main consulting corporations are doing with genAI?
Obtain the total LexisNexis Setting the Pace: How Consultants are Leading the GenAI Revolution report and discover:
- How 80% of consultants are utilizing genAI instruments in every day work
- The largest time-saving use instances by agency dimension
- Why corporations with AI coaching applications are pulling forward
* The views expressed in externally authored supplies linked or revealed on this web site don’t essentially replicate the views of LexisNexis Authorized & Skilled.
