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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I come from third tier consulting, we take a look at a company’s practice - such as tools, processes, control environments, and implement new functions as needed. For example, one process involves complicated computation and is prone to error, we will recommend a peer review step.

We also review the policy and procedures to determine if they are clear and precise.

We conduct financial due diligence for mergers or leveraged financing transactions.
[/quote]

How would you know it better than the company themselves? Their market research is going to be much better than what you could do in a couple of weeks. Also, they understand the deficiencies but may be don't have the balls to tell the c-suite staff that consultants could do.

Companies that run well don't need outside consultants. [/quote]

This is not quite right.  Companies that are run well use consultants extensively.  But they are used for tailored projects where the company does not have the time or people to think about.  The idea that MBB only works for bad companies is nuts.  They work for just about every large company public or private.  [/quote]

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