What is management consulting? - Perspectives on consultants

3 important questions on What is management consulting? - Perspectives on consultants

What are the three points how consultants are seen when they are judged through the critical perspective?

  • Knowledge consists of fads/fashion
  • Consultants use persuasive power (to build legitimacy)
  • Effectiveness of management consultancy is questioned.

Worldwide we spend $50 billion in fees on change consulting, how much percent of these investments fall short of expectations?

70%.

What is a famous fad that often comes back in the advice of consultants?

3 minute management system, where some consultants show up and say that they have a system where a top manager can, in 3 minutes, deal with all the problems of the company.

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