Welcome to the August 2025 edition of Elevation Insights, your trusted resource for the latest consulting news tailored to your learning & development needs, combined with expert advice to elevate your consulting practice.
Curated by Elevation Learning’s industry-leading consulting skills team, we go beyond industry updates by providing actionable takeaways on how you can sharpen your skills, adapt to industry shifts, and deliver greater value to clients.
Each month, we’ll explore a hot topic, share our news, provide skills development takeaways, highlight relevant industry news, and provide details on upcoming events.
August’s focus: Personal Development, a time to reflect, reset, and invest in yourself as a consultant and leader.
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At Elevation Learning, we often describe August as a vital “reset month” – a time to step back from day-to-day delivery and invest in personal growth. For many, the natural pause of a summer break provides space to reflect on career progression, revisit performance goals, and reconnect with broader ambitions.
The most impactful consultants understand that growth doesn’t come from standing still. They continuously challenge themselves to think differently, build new skills, and step beyond what feels comfortable. Recent psychological research, Science’s Path to a Richer Life: Beyond Happiness, suggests that a fulfilled life is not only about happiness or meaning but also about psychological richness – lives marked by novelty, complexity, and personal challenge. For consultants, this is a powerful reminder that embracing discomfort and stretching into new experiences can fuel adaptability, creativity, and resilience.
Organisations, however, are still catching up. Deloitte’s 2025 Global Human Capital Trends report highlights slow progress in optimising human performance, calling for a more holistic approach that centres on intrinsic motivation, continuous feedback, and human performance engineering. This aligns with a wider shift in the market as individuals are increasingly investing in personal coaching and training to advance both physical and mental well-being. A recent report on the Personal Development Market Projection shows the global market is set to grow by over 60% in the next decade, with Europe playing a leading role in self-awareness and skills development.
Looking ahead, personal development is also about future-proofing. As Fast Company noted in The Secret to Success in the AI Age: Broadening Yourself, to thrive in a world reshaped by AI requires deliberately stretching beyond narrow expertise. Broadening skills, perspectives, and experiences not only builds adaptability but also ensures consultants remain relevant and valuable at a time when technology is rapidly changing the nature of consulting work.
Organisations are also turning to AI-based coaching to scale personal development. Platforms like BetterUp Grow provide real-time, tailored guidance aligned to individual goals, helping employees build confidence and progress in their roles. Early adopters report higher satisfaction and measurable performance gains, showing how technology can complement traditional coaching and make development more accessible.
The evidence is clear. When consultants prioritise their own development – through reflection, skill-building, and coaching – the benefits go far beyond personal satisfaction. Personal development enhances effectiveness, strengthens resilience, and lays the foundation for long-term career success.
At Elevation Learning we know that excellent consultants never stop learning and developing. Continuous learning and personal growth are the foundations of long-term success. That’s why we support consultants in developing meaningful, realistic Personal Development Plans and encourage them to focus on three core areas:
True development isn’t just about attending a course or reading a book. It’s about applying insights in ways that create lasting change. Real growth happens when you pause to ask tough questions, challenge old thinking patterns, and step beyond the limits of your comfort zone.
Our programmes provide practical ways to help consultants overcome common barriers to growth and performance, including:
In consulting, personal development is the foundation for staying relevant, building credibility, and delivering lasting client impact.
Every month, we’ll share a Model of the Month in our LinkedIn posts and articles to help you elevate your consulting toolkit. This month, we looked at the Growth Mindset:
A Growth Mindset is the belief that abilities and intelligence can be developed through effort, learning, and persistence. It’s built on four elements:
The beliefs that shape thinking:
The behaviours that drive learning:
Together, these elements combine to form what we call the Growth Equation:
Growth = (Challenges + Effort + Feedback + Learning) × Curiosity
If you want a full rundown on the Growth Mindset and how to apply it to strengthen your consulting practice, check out our latest Model of the Month LinkedIn post!
We’ve posted our latest on-site articles that explore growth, strategy, and mindset. Recommended reading to support a consultant’s growth journey:
We’ve posted on LinkedIn our insights on personal development:
We’ve taken the opportunity this month to “reflect” and “reset” – sharpening our strategy, innovating our programmes, investing in fresh ideas, and reconnecting with our clients and partners. Setting the stage for a strong finish to 2025 and building the foundation for our and our clients’ future growth.
At Elevation Learning we continue to monitor key developments shaping the management consultancy landscape. Unsurprisingly, AI remains the dominant theme in this month’s news, alongside structural shifts in how firms are funded and resourced.
AI & Technological Disruption
McKinsey’s transformation amid AI advances – As reported in Management Consulted and The Wall Street Journal McKinsey has integrated around 12,000 AI agents and reduced its headcount from 45,000 to 40,000 since 2023. Almost 40% of revenue now comes from AI-related work, with 25% of engagements outcome-based. The firm is repositioning itself as an implementation partner rather than purely an adviser.
Industry-wide challenges from AI and policy shifts – In the US, there is growing concern of a possible “consulting crash”. Clients are increasingly automating tasks once outsourced to consultants, while the federal government is scaling back lucrative contracts.
Big Four make workforce adjustments – According to The Observer, the Big Four are cutting graduate intakes and reducing headcount, while offshoring more roles. These moves highlight the disruptive force of advanced AI on traditional consulting career paths.
Acquisitions
Private equity interest intensifies – Trivest Partners acquires Applied Value Group. Trivest plans to triple the firm’s size within five years under its “Path to 3×” strategy. Analysts note this reflects a growing private equity appetite for consulting firms, particularly those with operational and capital-efficiency expertise.
We’ll continue to track these trends and share insights to help firms and consultants navigate this evolving landscape.
Elevation Learning events:
We offer two open programmes in partnership with Bayes Business School. Our next in-person programmes are:
Other industry events:
MCA Confidence in Consulting – A Toolkit for Self-Promotion – Designed to shift mindsets and equip consultants (focused on women) with the tools, confidence, and strategies to promote themselves authentically and effectively: 15 September 2025, London, 17:00 – 19:30.
CMCE Lecture: Judgement at Work – Sir Andrew Likierman will present and discuss the findings of his current research into managerial judgement: 23 September 2025, London, 17:00 – 20:00.
IIBA UK Business Analysis Conference Europe – A conference for business analysts and change management professionals across Europe: 15 – 17 September 2025, London.
Thank you for checking out August’s edition of Elevation Insights. We’d love to hear from you:
Don’t forget to come back for our next edition in September, and subscribe on LinkedIn to be sure it lands in your inbox first!