How Covid-19 changed the consulting industry

The pandemic financially crimped the US consulting industry, and added to the threats facing its business model that existed before the virus. For many firms, the crisis has been an opportunity to innovate and rebrand as pandemic-fighting experts. Ot [Quartz]( The pandemic financially crimped the US [consulting industry]( and added to the threats facing its business model that existed before the virus. For many firms, the crisis has been an opportunity to innovate and rebrand as pandemic-fighting experts. Others are more skeptical, and believe the pandemic will hurt consultants more than help. Take advantage of our [free trial of Quartz membership]( to read our newest field guide, “[Consulting’s new challenges]( and learn what it will take for consultants to [stay essential]( amid a global recession. [Start your free trial]( Unlimited access. Cancel hassle-free. Illustration by Daniele Simonelli More in this guide: - [How consulting has casted itself as essential during Covid-19](. Consultants have landed new contracts to help companies and governments cope with the virus and the economic carnage it’s caused. (Only have a few minutes? Read this [TLDR version]( designed to help you save time.) - [It’s a good time to be a consultant, and a terrible time to become one](. A deeply uncertain economy and travel restrictions have put the industry’s hiring on pause, making it an incredibly difficult time to be an aspiring consultant. - [How 6 executive coaches (and their clients) handled the pandemic](. The shift to online coaching has been more deliberate—which comes with pros and cons—and has brought about some changes to the business. - [Can consultants consult without whiteboards?]( The sudden need to replicate the process online has increased the popularity of collaborative, digital whiteboards. But it’s also led to other creative in-house solutions. [Start your free trial]( [facebook]( [twitter]( [external-link]( Enjoying this email? Forward it to a friend! They can [click here]( to sign up. If you’re looking to unsubscribe, [click here](. Quartz | 675 Avenue of the Americas, 4th Fl | New York, NY 10011 | United States Copyright © 2020 Quartz, All rights reserved.