India, April 12 -- In the corporate world, everyone talks about people, profits, and new business wins as the ultimate markers of success. Yet, there's an unsung hero that holds it all together-Risk and Quality. Without them, even the most promising ventures can collapse like a house of cards. As W. Edwards Deming, the father of quality management, famously said, "Quality is everyone's responsibility." The sooner we recognize that risk and quality are not checkboxes but the soul of any business, the sooner we can achieve sustained success.

In the world of consultancy, firms navigate a minefield of challenges-tight deadlines, budget constraints, and demanding clients. Then, out of nowhere, disruptions such as regulatory shifts or resource...