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Management consulting online is a new development and could mean one of two things:

First option is to cut out the traditional consulting firms and offer services directly to companies OR offer the consulting manuals and tools directly to companies. Lillilooloo.com pioneered this in 2009, and before that Gazhoo.com tried to do this. Lillilooloo.com offers companies a cheap option to buy consulting research and manuals online. Clients can work directly with the consultants, buy manuals and methodologies at much, much lower fees than a traditional firm. For example, McKinsey could charge about $45,000 for a weeks work to produce a business case analyses framework. You can pretty buy the same guide for $50 on the Lillilooloo.com site.

The other option is where the big consulting firms try to offer consulting work only through an online portal. E&Y, Accenture and Deloitte tired this and it all failed. This happened because the company was still built on a model of hiring full-time consultants and the lower fees from the online portal never really recovered the consultant overhead.

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