| Topic Name: |
The Death of Strategy Consulting |
| Message Name: |
Permanent Downtrend |
| Date Posted: |
02/25/2002 |
| Message: |
I agree with the original poster. Much like the dot.com bubble, strategy consulting will soon be gone for good.
You outsource the stuff that is least important to your business, (janitors or temps), not the most important decisions.
The success of consulting goes to the heart of the principal agent problem. Managers at companies don't pay out of there own pocket the ridiculous fees that strategy consultants charge.
Therefore, they use them as scapegoats or backup for decisions they would have made anyway. Post Enron, these type of corporate waste is going to come under fire.
|
|
