A year-and-a-half ago, management consulting firm McKinsey had just 3,000 AI agents in its possession, with its 40,000 employees far outnumbering its agentic fleet. But in just 18 months, that number has grown more than 500% to about 20,000 AI agents supporting the company’s work, CEO Bob Sternfels said on Harvard Business Review’s Ideacast. Now, the company is evaluating how well job candidates can work with its AI tool as part of the interview process. The consulting firm is asking candidates to use it ...

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. McKinsey & Company is requiring some junior candidates to use an internal AI assistant during interviews, a move that signals how deeply artificial intelligence is becoming embedded in consulting workflows. The pilot, first reported by the Financial Times, comes as consulting firms reassess staffing levels, compensation growth and productivity expectations amid slower demand ...

DRAPER, Utah--(BUSINESS WIRE)--Franklin Covey Co. (NYSE: FC), a leader in organizational performance improvement, announced today that the conference call to review the Company's first quarter 2026 financial results will take place on Wednesday, January 7, 2026, at 5:00 p.m. ET (3:00 p.m. MT). The Company's financial results are expected to be released after the close of the market on Wednesday, January 7, 2026. Interested persons may access a live webcast https://edge.media-server.com/mmc/p/pf. ...

Core Insights - The consulting industry is facing significant challenges, with major firms experiencing profit stagnation and job cuts due to a slowdown in the global economy and a retreat from ESG initiatives [2][3][6] Group 1: Industry Performance - Accenture's share price has dropped over 22% since the beginning of the year, while the "Big Four" consultancies have reported stagnant profits for the first time since before the COVID-19 pandemic [2] - McKinsey is also experiencing a profit slowdown, marking a significant change after years of growth [2] Group 2: Demand and Economic Factors - A global economic slowdown and a decline in demand for cloud computing services, which previously fueled growth, are contributing to the industry's struggles [3][4] Group 3: Job Cuts and Restructuring - In response to these challenges, consulting firms are implementing job cuts, with McKinsey planning to reduce its workforce from 45,000 to 40,000 and cut an additional 4,000 jobs over the next two years [6] - The Big Four have similarly reduced their graduate schemes and laid off thousands of employees [6] Group 4: AI Transformation - Firms are attempting to reframe job losses as part of a transformation into leaner businesses that leverage AI technologies for greater efficiency [7][8] - Proponents of this strategy believe that AI will enhance client relationships and enable firms to undertake more strategic work [8] Group 5: Concerns About AI Implementation - There are concerns that the push for AI could lead to a "doom loop," where clients may be reluctant to pay for services delivered by AI, potentially exacerbating the current sales slump [9] - Experts warn that firms might cut staff before successfully implementing AI technologies, leading to operational challenges [10]

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: S&P Global announced Tuesday that it has appointed Matt Calderone, finance chief of Booz Allen Hamilton, to serve as CFO of its soon-to-be separated mobility business. Calderone will begin his new role by March 1, reporting to Bill Eager, president of S&P Global Mobility, an automotive data and analytics business, and CEO-designate of the future standalone com ...

But around 2021, McKinsey had revenue at the $15 billion mark. Here we are in 20 2425. By the time this year ends, we're going to be 16 billion, just a little bit lower.So they've operated in this narrow band of $15 billion to $16 billion in annual revenue, which is great. Any other management consulting firm would absolutely love to post numbers like that. For McKinsey, it is a sense that their revenue has flatlined a little bit.And you did mention there 100 year celebrations, right. Which 2026. That is wh ...

FY'26 Q2 Earnings Call Presentation DECEMBER 9, 2025 | © 2025 Korn Ferry Safe Harbor Statement FORWARD-LOOKING STATEMENTS Statements in this presentation that relate to goals, strategies, future plans and expectations are based on Korn Ferry's current expectations. You are cautioned not to place undue reliance on such statements. Actual results in future periods may differ materially from those currently expected because of a number of risks and uncertainties. For a detailed description of many of those ris ...

Core Insights - Cycurion, Inc. has been awarded a position on the State of Florida's Management Consulting Services State Term Contract, allowing it to provide management consulting services to state agencies and eligible users across Florida [1][3]. Group 1: Contract Details - The Florida Department of Management Services (DMS) aims to establish a multiple-award, statewide term contract for management consulting, replacing a previous agreement that supported approximately $90 million in annual spending for FY 2023–2024 [2]. - Under the contract, Cycurion can deliver services including strategic planning, program management, organizational assessments, process improvement, and policy analysis [3][4]. Group 2: Company Positioning - Cycurion's CEO, Kevin Kelly, expressed pride in being selected for the contract, highlighting the company's commitment to providing high-quality consulting expertise to enhance operational excellence and services for citizens [3][5]. - The award reflects Cycurion's trusted track record and dedication to partnering with government customers, aiming to deliver measurable outcomes across Florida's public sector [5]. Group 3: Company Overview - Cycurion, based in McLean, Virginia, specializes in IT cybersecurity solutions and AI, serving government, healthcare, and corporate clients [6]. - The company utilizes its AI-enhanced ARx platform and expert team to provide secure and innovative services, emphasizing its commitment to safeguarding operations [6].

Core Insights - Kyle Skalisky's book, A Sky Less Traveled, has achieved the 1 position on Amazon, highlighting his leadership journey from a U.S. Air Force fighter pilot to an aerospace executive and consultant [1][2][10] Group 1: Book Overview - A Sky Less Traveled is a memoir-style leadership guide that provides insights into Skalisky's experiences flying F-15, F-16, and F/A-18 aircraft, and the leadership lessons derived from high-stakes missions [5][11] - The book has gained top rankings in competitive business categories such as Business Office Skills, Business and Money Skills, and Management Skills [4][10] Group 2: Leadership Lessons - Skalisky shares reflections on his nontraditional path in the Air Force, emphasizing the importance of decisive judgment, humility, and a sense of purpose in leadership [7] - The narrative combines high-intensity deployment experiences with thoughtful leadership analysis, making it relevant for executives and aspiring leaders [7][8] Group 3: Impact and Community Response - The book has resonated within the aerospace and management communities, providing actionable insights and real-world experiences valuable for organizations in high-pressure environments [8] - Skalisky's expertise extends beyond the book, as he engages in advisory roles, keynote speaking, and consulting, focusing on strategic innovation and collaborative problem-solving [9]

Core Insights - Matrix Asset Advisors reported a recovery in the stock market with a gain of +8.12% in Q3 2025 and +14.83% year-to-date [1] - The Matrix Large Cap Value strategy outperformed both the S&P 500® and the Russell 1000 Value® Index in Q3 2025 [1] - The Matrix Dividend Income (MDI) portfolio showed robust performance over the nine months ending September 30, with gains in the low teens [1] Company Analysis: Accenture plc (NYSE:ACN) - Accenture plc experienced a one-month return of -2.77% and a 52-week decline of 32.86%, closing at $240.79 with a market cap of $149.977 billion on November 20, 2025 [2] - The decline in Accenture's stock is attributed to a slowdown in client spending and reduced forward bookings, along with delays and cancellations in government contracts, which constitute about 8% of its revenue [3] - Despite current challenges, Accenture projects earnings growth of 5% to 8% for 2026 and has a strong balance sheet with more cash than debt, expecting to generate close to $10 billion in free cash flow this year [3] - Accenture raised its dividend by 10%, increasing its yield to 2.7%, and authorized a $5 billion share repurchase program [3] - In Q4 2025, Accenture reported revenues of $17.6 billion, reflecting a 7% increase in U.S. dollars and 4.5% in local currency [4]