Why does industry loathe consultants yet keep on hiring them?

like
Posting as :
works at
You are currently posting as works at

I think the people who loathe them and the people who hire them are different people?

likesmart

Tell that to Disney and see how they feel about McKinsey.

And the Big 4, once known as the Big 6, all started as accounting firms. They all started expanding into consulting because of procedural and compliance aspects of accounting. Their lack of knowledge of management and leadership meant they billed for all their time learning what they didn't know, and then mis-applying that learning.

Scape goat

like

Plausible deniability

like

Ok I have to agree that there are at least two very different situations in which companies hire consultants and workers loath them:

1) The scenario I had in mind: Execs want to bring in fresh, smart, ambitious people to have a material impact in an area where the company is struggling, and some workers loathe the consultants bc it threatens their perceived power and competence

2) The “scapegoat” scenario: Execs have decided that they need to make an unpopular decision without shouldering the blame, e.g., firing a bunch of people, so they bring in consultants to validate their decisions and take the blame

Both of these situations happen

like

Consultants are expensive and they want to know are they really worth what they are paying for them; also if consultants keep trying to find opportunities to sellwork, they (especially procurement) get skeptical. At the same time if their experienced executive team can’t figure it out/produce desired results, they need ideas from else where. They end up paying for consultants to give them different ideas and let them know what’s happening in industry or some other lens to provide them. In some cases, they hire consultants to confirm the direction they wanted to go anyway

like

Probably the same reason my liberal aunt talks bad about conservatives but then admitted she voted for Trump when she got drunk at thanksgiving

like

Really doubling down on the reading comprehension thing huh? I can appreciate the dedication to being wrong

like

Nobody really likes the doctor but you still go to them to find out why you’re not doing well…

like

Scapegoats

Related Posts

Especially for companies doing heavy hiring!

Post Photo
like

openings @vmware interested please DM.

Post Photo

Deciding between PWC Core Assurance or KPMG Internal Audit for associate role. Any advice guys ?

like
like
like

How many YOE do firms normally look at for an SM1 role

like

What is the salary range for a Product Manager in the Atlanta area? I have 3 years of experience as a Product Specialist and have been offered a Product Manager role but don’t know how much to ask for. It’s in fintech. Any insight is appreciated!

like

My current title is Buyer. I handle the purchasing of the larger categories of direct materials and train any new Buyers. I also manage outsourcing and quoting of raw materials for new business, among other things.

I am looking at taking over capacity planning for manufacturing, while keeping my previous responsibility.

What could I suggest for a new title/promotion? There isn't an existing position that I would be filling, and I want to show career growth on my resume.

Hey Partners! I accepted a position at another firm and was bumped from manager to Senior consultant level. Could you give me some advice on 3 key things I can focus on to help me re-advance quickly?

like

Anyone have advice on getting your foot in the door at Google or Meta for a Sales Role? I’ve only got 3.5 years of experience but have achieved Presidents Club and have had success at 2 “blue chip” organizations.

like

Hi ,

Please share the pay range for KYC Associate Kolkata role?

Urgent need!
TIA.

like

Is there anyone that works at Slack that would be willing to give me a referral for their Corporate Counsel (Commercial) position?! I really want this job so please send me a message if so and we can work something out! TIA!

like

Anybody work for CVS Heath/Atnea in a case management/ UM position? Thoughts good and bad.. pay work environment? All info I’d appreciated!

likesmart

Folks, based on your experience, what are the pros and cons of making an internal transfer within your firm and/or applying for a role at another firm when making a move to the west?

like

How is Rapido as a company for Senior Product Engineer position?

like

Hi! I’m a Finance Manager whose looking to move to Austin, TX soon. What should I expect as a salary range with that same position?

like

Recently joined Meta and want to give back to the community that’s been a huge support.

DM for a referral if you find an open role that interests you and you meet the listed requirements.

like

Trying to transition from my full time job now to freelance. Anyone hiring? Good recruiters you know? 8yrs exp, background in tech/strategy/creative, worked in both small and large agencies.

like

Hi everyone, Amdocs hr called me slry discussion today(pune). I quoted 12 LPA.She said that's too high, will ask my team and get back to you. What can I expect from them. Should I follow up with them or will they get back to me with their final figure?

current CTC :5LPA
Position offered: DevOps Engineer
Exp: 3 yrs

Amdocs

Newco Hi guys,
Which company should I join considering learning and better work culture.
Both JCI and KPMG has offered me same role, same CTC and wfh. 4yoe.
Controls , Inc.KPMG India

like

More Posts

Hi shark please help me I have 2 offers EY 22+2(variable) location Bangalore;
Wns 23+4.6(variable) location Gurgaon. , which one to choose ?

You talking to me?

Post Photo
like

Any gyals in Toronto?

like
like

BCG > Bain or Bain > BCG?

like

Stop with the unnecessary meetings. PLEASE.

like

Anyone in need of a KPMG TS referral for London?

like

In the instance that someone goes from one big 4’s audit group to another’s FDD group, do they allow them to finish out their two weeks?

like

me and other associates when noticing all working papers been reviewed within 10 mins ✅

Post Photo
likefunny

What’s the standard RTO (return to office) plan for MBB as of now?

like

Hi can anyone share the quality of work, average salary for data scientist role at Captial One?

like

Does anyone here work in residential mortgage trading capital markets desk at one of the big banks in Toronto and would be open to chatting?

like

Hi everyone

Im yet to receive an offer from poland offer would be 22pln gross my Indian CTC is 17lpa base pay.could you suggest me poland will be good option to choose if so how much can I save in poland .i will be moving with my wife and a kid .my wife will also look for job not immediately.

like

Scheduling added another S3 (my level) to my engagement but acting as a manager, while I’ve been on this engagement for a few years and getting great reviews. My ego is shot and I’m insulted. Advice?

Anyone with Jamf certificates ? Is there any scope and opportunity for one who completed this course...

like

🐠 in Maui. I’m planning to visit in about 2-3 weeks. Wanted to see if you think it’s worth postponing given the big storm that just passed by. Or was the impact relatively minor? Hope all is well 🙏

like
like

What is the salary range for a practice management consultant?

like

Best alts to buy during the dip? Thinking about OMG, XVG, XLM, DGB

Shia - Sunni marriages?

Additional Posts in Consulting

Marriott already hitting me with the check in notification for Sunday night. Where did my weekend go

like

Day 1 back on the beach after 💀 project. Feel like I've lived more life in the past day than the whole last month! already so reenergized 😜😜😜

like

I have an upcoming hotel stay (booked with pts) set for 2 occupancy but will actually be 3. Will I be charged?

like

If I end up quitting after maternity leave, do I have to pay back any of my leave benefits? I guess I could ask HR, but wouldn't want to throw out any warnings.

like

Hey all, can you pls recommend resources to get up to speed on Fraud and Risk management for Payments in fintech? Books /sites? I’m not in consulting anymore so no access to internal decks. Thanks!

like

Has anyone done the MIT masters in business analytics program? If so, please message me

like

Hello! Anyone work at GE Healthcare?

like

Any fellow fishbowl consultants staying at the Beverly Hilton and up for a drink or two?

like

What is the value in professional certifications? ACCA, CFA, CIPD, etc.

like

Coming up on 1 year of CDD experience at a T2 and thinking about exit ops to early stage VC / start-ups. How valuable is CDD experience in exiting this early?

like

I feel I have yet to read a bad thing on here from someone at KPMG about KPMG.

like

Deloitte people. I confirm layoffs of 4 ranked individuals and this year it's been hard rankings. Many 3s forced into 4. I was on the calls. Beware. Not trying to scare. Sharing facts.

like

Deloitte folks, have you been able to access your boa hsa accounts yet?

like

Has anyone used gliders that stick on tyres of office chair, for better movement over the carpet?

like

PwC still feeling the hurt from FY16 - They just emailed out about target bonuses per level.. That's there way of saying "Please keep working, there's something in it for you too!"

like

Is genetic testing for diseases covered by most health insurance? Has anyone ever done this, do you recommend it.

like

Has anyone moved states and changed their home office / region? (Personal choice not project driven)....If so, what's the process? What approvals are needed?

like

Window, aisle, or middle?

like

Any book recommendations about human psychology / thought processes?

like

My background isn’t in marketing/branding/PR but I’m being thrown into an engagement for a small organization who has many different sub-brands. I now how to give them high level guidance on how to ensure their branding and message is consistent. Any resources/books you’d recommend I could crash course this on?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal