Rip-Off Book Review
Autor: andrey • August 4, 2012 • Essay • 431 Words (2 Pages) • 1,357 Views
Who Buys Consultency?
o Organizations mostly are addicted to Consultency
Reasons: Inadequacy, greed, and short sightedness of management teams.
A research studied 20 companies had them split into 4 categories
1. Great
2. Good
3. Poor
4. Ugly
And Results were interesting here…
Basic Reasons for failure of these Organizations are:
1. ONE LAW FOR THE RICH AND ANOTHER FOR THE POOR
—British Telecom
2. TAKE THE REWARDS BUT NOT THE RESPONSIBILITY
--- RailTrack
3. MANAGEMENT AS A FASHION ACCESSORY
---top executives bring chaos and confusion to several organisations by calling in an army of consultants to impose the latest management fashion or fad on their employees.
Research Study: GREAT MANAGERS ARE NOT CONSULTANCY ADDICTS
o good management manages and only very occasionally hires consultants for quite specific tasks
o questionable management often hires consultants and too frequently appear to become almost dependent on them.
Who do Clients need help?
o Develop New Stratergies
o Change the Organizational structure
o Improve the existing systems
o To get expertise what is actually lacking in their companies
Challenges to Consulting…
o Consulting markets in the West became oversaturated by the mid 90s
o Drop in average salary of Consultants
o Opening of new offices in Asian markets
o Biggest Challenge was to learning to survive in Asian Markets.
o Rise of a new generation of managers
The Fall out of Consultencies…
o If the consultants really were any good, they'd help clients solve their key organisational issues
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