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Is every firm up 10-20% over plan for the year?
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Organizational change but then do little more than MVP and long pilots. Still work long hours, code, write decks and then ultimately see no benefit to a product doing well. We hand wave huge technical issues, browbeat our clients to accept the code and pretend we know anything about the stack. What are we doing?
This probably isn’t something you should say publicly.
Op , thanks for your post btw. But to be fair to your BCG brothers and everyone else who are trying emerging technologies, many projects will fail and remain in pilot til we know how to mass commoditize it successfully. Then again when its commodity its available at 30 dollars per hour . Why involve BCG. Enjoy and grow next 5 years.
This is just what happens when business people try and do tech. At the end of the day, code isn't some magic black box, it's just a tool used to automate tasks (even if you're approximating solutions with ML). The people selling your projects likely won't understand the difference between a pure engineering problem vs. something that will actually benefit from ML. Nor have they actually built a product before. Consider jumping ship to a tech company
Hope you have at least cool problems to work with OP. I have no interest in chatbots and rpa but those are what sells. Maybe I should learn how to BLOCKCHAIN instead 🤷♂️
How does one blockchain? Didn’t realize it was a berb
MBB person here. We don't really understand technology, but we'll gladly take your money and convince you we're tip of the spear.
No need to worry about the actual technology experts on the client side--they aren't our buying points anyway.
That’s the key point MBBs are doing for a long time . One generation after another. Its like a giant ponzi scheme
It's true for all MBB. None of these firms have the high ground here. At least Accenture/Big 4 and tech consultancies know what they're doing for the most part.
Sure @Mck1, but there's still a lot of implementation skillsets to do MVPs and pilots that management consulting firms are rubbish at.
Add to the fact that MC firms over-emphasize the supposed business results of emerging tech while charging way more money, and I'd rather that clients fail with cheaper firms than with our own.
I think this is an issue in general with the technology not just with consulting firms.
Everyone creating the narrative about how tech will change the world is trying to sell something... whether it be someone trying to create a provocative headline to get clicks as a "thought leader", consulting firms trying to sound cutting edge and sell projects, tech firms trying to sell projects or entrepreneurs trying to attract clients or investors to their start up.
The story is "AI is taking over and we are gonna automate everything" but then you look inside your largest and most credible clients and they are struggling to automate the most basic stuff.