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Ultimately, (good) consulting just gets decisions made. Companies hire consultants when they don't know what the decision should be, or where to go next. Whethe
by binarymax 1y ago
Ultimately, (good) consulting just gets decisions made. Companies hire consultants when they don't know what the decision should be, or where to go next. Whether the decision is right or not, depends on the competence and experience of the firm (and also some luck).
- pavlov 1y agoThe best case is a company so terminally indecisive that the consultants can undo their own recommendations. Merge with company N — terrific synergies! Ten years later: spin out the N business — lots of value to be unlocked! Or like HBO Max which became Max and now has become HBO Max again. Tremendous opportunity for brand consultants.
- georgeecollins 1y agoYes, except your example was not a decision made by consultants. Also, the people promoting acquisitions, mergers and spin offs are usually bankers. Indecision can come from a lot of places.
- JBlue42 1y agoConsultants were involved for the merger, current splitting, and the streaming branding debacle. Of course, all decisions and later actions lay with the Board and executives.
- vjvjvjvjghv 1y agoEach of these changes probably got somebody a promotion. There is a lot of incentive to make some big changes, get a bonus or promotion and then run quickly before the consequences get visible.
- vjvjvjvjghv 1y agoFrom what I have seen, consultants are just the messenger of the plans top management has already.