West Monroe
Coverage of West Monroe in the Nexus archive.
- In the AI age, clients are now asking consulting firms to have 'skin in the game'
Clients are urging consulting firms to adopt outcome-based pricing for AI projects, sharing risk instead of fixed fees. Major firms like BCG, Accenture, and McKinsey are shifting to variable-fee arrangements as AI adoption's uncertain ROI drives demand for risk-sharing models. Consulting firms are also deploying internal AI tools to streamline work and support client AI transformations.
- Drowning in AI: Companies are launching hundreds of projects, and that’s a problem
Companies are launching numerous AI projects, but many lack strategic purpose or completion, leading to inefficiency. Executives from firms like West Monroe, Amgen, and Carvana warn that excessive AI initiatives can hinder progress and recommend prioritizing business-led transformations over technical focus.
- A consulting firm's AI chief explains why it's using agents to give free business advice to anyone who wants it
West Monroe, a midsize advisory firm, has launched six AI agents offering free strategy-style reports on topics like business model risk and AI use case prioritization. The AI-generated insights aim to democratize access to early-stage consulting analysis, which the firm claims now has near-zero marginal production costs.