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Tell me again why they make so much money to provide worthless advice, BS the whole time, and make fancy PowerPoint slides.
Our company made us take management coaching. Get on the zoom call and there's some 28-30 year old trying to talk about leadership and how they use psychology , behavioral science etc. to evaluate and provide advice. Truly laughable someone less than 30 years old and who is probably still paying off their student loans thinks they have the experience to train people on how to become leaders. McKinsey, Bain, etc ....all the most worthless orgs and parasites on the entire economy and country. |
| They don’t get paid for their advice, they get paid for providing the opportunity to offload the responsibility for unpopular management decisions. |
| Yes they are a joke. |
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Step 1: They bring in their most senior people and tell you all the things they do for you.
Step 2: Once contract sign, they send their greenest just-out-of college consultant to replace all (i.e. removing the previous clients' name) from their deck template. Step 3: The present said template powerpoint "action plan/framework" to you (after 6-12 months of hourly billing with overtime) complete with gobbledy gook phrases intended to obfuscate the fact that they added zero value and still don't have a grasp on what your company does. Step 4: The consultant-recommended action plan is an abject failure. Your company reverses everything and returns to to the way things were after wasting millions of dollars. |
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After lots of pay complaints at my former federal agency, division management hired one of these high-priced consulting firms. The firm spent nearly a year, including some onsite days, doing who knows what. In the end, they supposedly concluded that we were overpaid, though management refused to release the report.
I left that clown show shortly thereafter and now make 2.5 times my salary, do less work, and have a better QOL. |
| Yet somehow you guys keep paying us. Been in the industry 30 years. |
I have never understood management consultants just out of college. |
Cheaper.. able to work long hours. |
Yet worthless |
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I don’t get it either, OP.
What’s funny is that they have MBAs from top schools, and they’re taught by people who’ve never seen the world outside of an ivory tower. My brother is a PhD, teaches MBA students at a fancy university, and has never had a non-academic job. He knows nothing about the real world. |
Trust me. It's no different at the World Bank and the IMF. And they advise countries. Not a lot of real world experience - running a business, managing a farm, working at a factory or a power plant. Nothing. But their degrees are from the right schools and they know the right people. 'Tis the way of the world. |
This is spot on -- former management consultant |
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Hey come on, sometimes they develop strategies to ruin the lives of millions of Americans by making them addicted to painkillers so Pharma execs can make enough to buy another private plane.
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I’ve been a 20’s management consultant!
If you’re being forced to take any sort of soft skills or leadership training, the conclusion you should draw is that you suck so hard that your bosses tried this training because it’s cheaper and easier than firing you. Nobody wakes up and decides it’s time for leadership training out of the clear blue sky. There’s a small chance it’s not you and you’re there as cover because they can’t send just one or a few people. But based on your post, it’s probably you. |
It's almost as if maybe these consulting firms might have something new or relevant to teach the blowhards that think they know it all. |