The article advances a new management consultancy competency model. It identifies five critical enterprise capabilities that make growth possible – that professional services firms need to strategically build, nurture, deploy and renew in order to gain a competitive edge. Besides, the darker side of the consulting field is addressed. Fundamentally, management consultancies should not only create value for themselves and their clients, but they should be a force for good in the world and bring about positive change benefiting all humankind.

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