By: Jim Gitney | February 20, 2016
Executives are faced with a conundrum when they are trying to decide on when and how to hire a consultant. There are typically 5 issues that nag an executive during this decision making process. Those issues typically go along these lines:
- Consultants are too expensive; especially the top tier consulting firms and they don’t get real, measureable value
- Every professional who is unemployed or underemployed is a consultant until their next job and they don’t have the appropriate bandwidth; but they are cheap
- Finding a consultant or consulting firm who is a cultural fit with the organization
- Finding a consulting firm who has all the functional resources required for an entire project.
- When to admit that we really can’t solve the problem ourselves
- Don’t have to worry about interviewing multiple consulting companies for every project
- Know what kind of results they can expect
- Have negotiated reasonable rates
- Don’t have to have their managers go through a new assessment with every new consulting firm that comes in (big savings here)
- Know they can get resources quickly for any project
- Know they have experts to ask questions to and engage in small projects
- Don’t have to take on the risks associated with adding employees
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This entry was posted in Exit Planning and Transition, Global Initiatives, Manufacturing and Distribution, Market Effectiveness, Organizational Development, Strategy 5.0, Weekend Thought, on February 20, 2016
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