Quote:
Originally Posted by Unregistered
Take no credit? You sure about that? Consultancies have come a long way since the good old "claim no credits" days. For example, consultancies are now proud to announce that they are partners-working alongside big clients in order to attain some of that halo effect. It makes for good credentials as well, imagine you are running a travel company-1 of the biggest names now, and your competitor just hired mckinsey for consulting and revamp of their program management system. Would you be worried? Would you want to hire mckinsey or another 1 of mckinsey's competitor?
Take another example, if you are running a company not in the travel industry but closely related, and you have witnessed great success from that mckinsey engagement. Would you not try to hire mckinsey as well?
In Singapore at least, consultancies are always proud to announce that they are partnering with governmental organisations in delivering positive impact to citizens.
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Yes, but does the methodology or consultancy given by mckinsey really make the company do well by making tons of $$$ ? (taking away on the part of external "validation" )
if so, shouldn't all the small start-up company engage mckinsey and will become successful overnight because of strategy provided by them.
If so, ex-mckinsey team could just come out open their own start-up and potentially become the next google, amazon, etc