Reply to What is “consulting” in the business world

Forum Index » Jobs and Careers

Reply to "What is “consulting” in the business world"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]So, seriously, why do consulting firms stay in business? This idea that they make obvious recs that the staff could have gotten to on their own for less money is fascinating. What didn’t the staff do that? Why doesn’t your exec team believe in you? I get the “politics cover for layoffs” or doing what the leader already wanted to do, but how can it be that people idiotically pay through the nose for consulting over and over again if it’s so terrible?[/quote]

It's the business industrial complex. Everyone goes nuts for McK, BCG, Bain types b/c they are supposedly the best of the best. The top brass at corps tell themselves that they can't make a decision without getting the approval of outside consultants. I saw this when working for one of the big banks. We had McK consultants come in who told us stuff we already knew but it made the top guys feel better about their decisions.

Also, many c-suite types are all either ex-consultants, married to consultants, BFF with consultants or B-school buddies with consultants and have bought into the self-stroking belief that anyone who goes to a top college or b-school is a genius. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics