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  • 2019
  • Working Paper
  • HBS Working Paper Series

The Creative Consulting Company

By: Robert S. Kaplan, Richard Nolan and David P. Norton
  • Format:Print
  • | Language:English
  • | Pages:27
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Abstract

During the past 50 years, several consulting companies introduced important new ideas that extended management theory and improved management practice. This paper draws upon public sources and the authors’ personal experiences to describe how three management consulting companies created and sustained several big management ideas. The consulting organizations identified companies that had introduced an innovation to address a practice gap or anomaly. It then described the innovation in articles, cases, and public conferences and proceeded to help a new set of companies implement the management innovation, which led to enhancements in the original innovation that made it more understandable, generalizable, and robust. The consulting leaders sustained their thought-leadership positions by creating an ecosystem with senior executives at pioneer corporations and academic/thought leaders. The paper also describes how other consulting companies did not sustain an initial thought-leadership position because of a failure to recognize the synergistic interplay between knowledge application and knowledge creation.

Keywords

Management; Theory; Practice; Performance Improvement; Innovation And Management; Consulting Industry

Citation

Kaplan, Robert S., Richard Nolan, and David P. Norton. "The Creative Consulting Company." Harvard Business School Working Paper, No. 19-001, July 2018.
  • SSRN
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About The Authors

Robert S. Kaplan

Accounting and Management
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Richard L. Nolan

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More from the Authors
  • New England Baptist Hospital: Getting Paid for Value By: Robert S. Kaplan, Mary Witkowski, Toby E. Emanuel and Syed S. Shehab
  • Reimagining the Balanced Scorecard for the ESG Era By: Robert S. Kaplan and David McMillan
  • Health Care Measurements That Improve Patient Outcomes By: Robert S. Kaplan, Lara Jehi, Clifford Y. Ko, Andrea Pusic and Mary Witkowski
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