The World's Newest Profession
Management Consulting in the Twentieth Century
Summary:
The book traces the evolution of management consulting from a marginal service provided by accounting firms to a central component of modern corporate life, highlighting its role in the spread of American business practices globally. It examines the professionalization of the field, the strategies consulting firms used to establish their authority, and the impact they've had on businesses and economies around the world.
Key points:
1. Management consulting became a formal profession with set education, standards, and ethics, gaining client trust and industry growth.
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