The origins and development of management consulting

7 important questions on The origins and development of management consulting

What is the first field of consultancy that can be identified?

Operations consultancy.

When did the first field of consultancy arise?

It all started in the 1870's thanks to the second industrial revolution.

The second industrial revolution, what typifies it?

  • Production of steel became cheaper;
  • More infrastructure (bridges, railroad);
  • Urbanisation;
  • Huge growth of firms;
  • High capital requirements.
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What did the industrial revolution give rise to what initially led to a need for support by managers?

The industrial revolution gave rise to separation of ownership and management which led to the professional manager. And challenged by new technologies and large scale operations, these managers sought to increase efficiency (ROI). Managers required support from professionals.

Frederick W. Taylor developed what type of management? And what does it entail?

Scientific management: decomposition into simple tasks and optimise each task.

What invention did Frederick W. Taylor do which was focused on making processes more efficient and productive?

The stopwatch.

Which two prominent firms started building on the ideas of Frederick W. Taylor?

Arthur D. Little and Bedaux Consultancy

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