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What does labor displacement mean for management consulting firms?
Management Research Review Pub Date : 2020-12-07 , DOI: 10.1108/mrr-03-2020-0120
Edouard Ribes

Purpose

This study aims to empirically investigate the effects of labor displacement on US management consulting (MC) firms.

Design/methodology/approach

This paper leverages standard linear regressions to identify and discuss correlations between progresses made in terms of labor displacement and the evolution of MC firms performance indicators.

Findings

In the context of US MC practices, the study shows that for every percent of work displaced, production costs are reduced by $3.7/h on average. It also highlights that as prices also go down by $3.3/h on average per percent of work displaced, off/near-shoring increases MC practices profitability. Displacing labor is yet a transformation that occurs mainly in very large firms (i.e. more than 1,000+ employees) and its full potential takes more than 4–5 years to realize.

Originality/value

This study provides new empirical benchmarks of the effect of labor displacement on MC firms. This study shows how long off/near-shoring takes to reach its full maturity.



中文翻译:

劳动力转移对管理咨询公司意味着什么?

目的

这项研究旨在实证研究劳动力转移对美国管理咨询(MC)公司的影响。

设计/方法/方法

本文利用标准线性回归来确定和讨论劳动力转移方面的进展与MC公司绩效指标的演变之间的相关性。

发现

根据美国MC的做法,研究表明,每迁移一%的工作,生产成本平均降低3.7美元/小时。它还强调,由于平均价格也下降了每小时$ 3.3 / h(占被转移工作的百分比),离岸/离岸外包增加了MC业务的盈利能力。取代劳动力仍然是一种转变,这种转变主要发生在非常大的公司(即超过1,000名员工)中,其全部潜力需要4到5年的时间才能实现。

创意/价值

这项研究为劳动力转移对MC公司的影响提供了新的经验基准。这项研究表明,离职/离职需要多长时间才能达到其完全成熟的时间。

更新日期:2020-12-07
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