Management Consultants: Are they worth it?

<p>Episode #220 // Many companies use consultants of one type or another. In this episode, I give a bird’s-eye view of the consulting market, based upon my years of experience as a corporate client, engaging at many different levels.</p><br><p>Whether it’s developing a new corporate strategy, embarking on a restructure, improving workforce productivity, or reducing the baseline costs of the business, there’s a consultant for every occasion.</p><br><p>But it’s also easy to spend a lot of money with the expectation of achieving stunning results, only to realize a year or two down the track that you’re no better off than when you started.</p><br><p>I begin with a look at the premium end of the management consulting market, including some of the recent controversies engulfing the top firms; I offer some guidance for when to engage a consultant; and I list my big 10 <em>traps for young players,</em> in the hope that you can avoid some of the landmines.</p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>