In recent years, the management consulting sector has undergone far-reaching changes. After decades of rapid expansion, the growth of the industry stalled between 2001 and 2003, but it has since begun to rebound again. These developments have had significant impact on management consulting firms and on client-consultant relationships. Leading management consultants and academics discuss the development of the consulting industry and of the firms that have decisively shaped the sector. The authors provide in-depth insights into the leadership of top management consultancies, the strategy and structure of consulting firms, the changing dynamics of client-consultant relationships, and the development of new consulting approaches. Contents: The Management of Client Relationships Organisation and Governance of Management Consulting Firms Life Cycle Phenomena in the Consulting Sector Consulting Industry Trends Strategy and Economics of Consulting Firms Thought Leadership in Consulting Management consultants, clients and leaders of consulting firms as well as students and academics in the field of management, consulting, organisation and strategy find helpful information on consulting and are thus able to take an informed, critical stance towards it. Prof. Dr. Jean-Paul Thommen is Professor of Business Administration, in particular Organisational Behaviour and Human Resource Management, at the European Business School in Oestrich-Winkel, Germany. He is also Adjunct Professor at the University of Zurich and a Visiting Lecturer at the University of St Gallen. Ansgar Richter, PhD, is Assistant Professor of Organisation and Human Resources Management at the European Business School in Oestrich-Winkel, Germany. Prof. Dr. Jean-Paul Thommen is Professor of Business Administration, in particular Organisational Behaviour and Human Resource Management, at the European BusinessSchool in Oestrich-Winkel, Germany. He is also Adjunct Professor at.