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Kennedy Corner

  • »Kennedy Corner: Roles and Responsibilities
    I’m a college hoops fan. During the hysteria, I connected with several colleagues to discuss the games; some of these friends are client-facing consultants, others serve supporting roles inside their firms. We talked quite a bit about different players’ abilities, and how certain players can thrive under one coach’s system, but probably would only see the end of the bench in another program.
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    Because of the power advisors wield, clients often feel beholden to their consultants. As a result, consultants have what I call a Don Corleone relationship with their clients: “Someday,” says the Godfather/Consultant, “and that day may never come, I will call upon you to do a service for me.”
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    This time of year, I’m planning my annual pilgrimage to a handful of business schools. It’s part of my give-back in terms of helping educate future practitioners. The forums are extremely satisfying—I provide insights on an industry that will employ more than a third of those graduates; and the students ask questions that more seasoned professionals would never deign to consider.
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    Many of you have probably watched the new Showtime series, “House of Lies.” The black comedy’s portrayal of management consultants makes me blush. At least the guys and gals in AMC’s 1960s-era Mad Men look cool sipping martinis and smoking unfiltered Lucky Strikes. The “Lies” cast can’t pull off the same with their money-grubbing soullessness, and brilliant-but-vacuous characterizations of blood-sucking consultants.
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Interviews

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Cmag.com Exclusives

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5 17 2011
»The 2011 Top 25 Consultants: Laura Gurski

Laura Gurski, A.T. KearneyExcellence in Retail

Laura Gurski
Global Leader & Americas Leader for the Consumer Industries & Retail Practice
A.T. Kearney


Laura Gurski may lead A.T. Kearney’s global consumer industries and retail practice, but she’s most revered for her ability to develop long-term accounts.

“I have client relationships that go back to when I was an intern,” she says. “Our once-mid-level client contacts are now CEOs. These are deep and sustaining relationships. When you have a relationship like that, you are a trusted advisor. And that means you’re given the opportunity to take a look across a client’s business and provide perspective and even challenge their assumptions.”

The skill sets necessary to build client relationships are held in high regard at the firm. “The most esteemed partners are celebrated based on their account relationships,” she says. “We have our own internal awards and the most prestigious is one for long-standing client relationships.”

Long-term relationships are crucial to build the trust necessary to help retail clients deal with the massive challenges they’re facing, namely a drop-off in client demand and a steep rise in the costs of raw materials. The typical response is to seek help finding ways to cut costs. “But we generally don’t think companies can cut their way to growth. Instead, we show them how to reinvest in their company,” she says. “That increasingly means international expansion, taking a look at the prospects of growing their business out of their home market.”

That approach is resulting in remarkable success. Globally, the practice grew by double-digits throughout the recession and Gurski says she expects similar growth for at least the next five years.

A.T. Kearney’s strong culture emboldens her confidence in the firm’s future success. “Coming out of business school 15 years ago I chose Kearney because it employed people I could talk to and relate to. The firm does not have an arrogant culture. It’s comprised of smart people with excellent relationship skills and a good sense of humor,” she says. “All of us on an engagement team are friends with each other. And it’s only natural that we become friends—in a professional way—with the client.”

—J.S.
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