My brief time working for one persuaded me it's largely style over substance. No Sails remove this actual factual information from your slides and replace it with this chart that isn't relevant to the subject but demonstrates we can take information from Bloomberg and put it through Excel to make a pretty graph.
If a large business doesn't have the staff to run itself effectively without input from consultancies,that seems to me to indicate that they have the wrong people in charge.
The other thing to bear in mind is that most businesses don't engage a management consultant because they want answers. The decision has been made and it’s just part of selling it internally. They don’t really give arse what the management consultant says and rightly so.
Yes I once saw a copy of a presentation prepared by one where they'd managed to stretch "do a sale and leaseback" to over 15 pages full of "but your lawyer will need to confirm this". I could have produced the same in half a hour for a fraction of the cost and it wouldn't have run to more than one page.
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Maybe at the very top? I suspect lack of self-awareness and lateral thinking are probably selected for in the junior ranks.
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what are the top 5 reasons (good or bad), big cos use manag consultants?
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I imagine that most who stay in the industry for a long period find a narrative to convince themselves of their worth
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Hey shhh. That's a huge chunk of our economy up in smoke if people realise consultancy is a scam.
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the main reason (only reason)is to get costs off your accounts and then for the deciding exec to exit before the chickens come home to roost
"what do you mean they don't actually know what they're talking about and now we've sacked all our expert staff???"
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I reckon they look at most law firms and figure what they do adds significant value in comparison
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I once had leadership training from a top badge management consultancy. After a few sessions I noticed myself wondering, can you actually do anything?
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Were you looking in the mirror m7?
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they can bullshyt enough to trick duffers who want to believe in them
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Those who can, do. Those who can’t, do management consultancy. Those who can’t do management consultancy, do HR.
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My brief time working for one persuaded me it's largely style over substance. No Sails remove this actual factual information from your slides and replace it with this chart that isn't relevant to the subject but demonstrates we can take information from Bloomberg and put it through Excel to make a pretty graph.
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If a large business doesn't have the staff to run itself effectively without input from consultancies,that seems to me to indicate that they have the wrong people in charge.
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The other thing to bear in mind is that most businesses don't engage a management consultant because they want answers. The decision has been made and it’s just part of selling it internally. They don’t really give arse what the management consultant says and rightly so.
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This really sounds like my ideal job and I f*cked up massively by becoming a lawyer
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Yeah they are just better at pricing than lawyers
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Yes I once saw a copy of a presentation prepared by one where they'd managed to stretch "do a sale and leaseback" to over 15 pages full of "but your lawyer will need to confirm this". I could have produced the same in half a hour for a fraction of the cost and it wouldn't have run to more than one page.
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