Management Consultants: Are they worth it?

Episode #220 // Many companies use consultants of one type or another. In this episode, I give a bird’s-eye view of the consulting market, based upon my years of experience as a corporate client, engaging at many different levels.Whether it’s developing a new corporate strategy, embarking on a restructure, improving workforce productivity, or reducing the baseline costs of the business, there’s a consultant for every occasion.But it’s also easy to spend a lot of money with the expectation of achieving stunning results, only to realize a year or two down the track that you’re no better off than when you started.I begin with a look at the premium end of the management consulting market, including some of the recent controversies engulfing the top firms; I offer some guidance for when to engage a consultant; and I list my big 10 traps for young players, in the hope that you can avoid some of the landmines.————————FREE 5 DAY LEADERSHIP CHALLENGE: Want to boost your leadership capability? This challenge will start you down the path of improving your leadership confidence and skills—if you're willing to put in the work!Start the free 5 Day Leadership Challenge today: https://yourceomentor.com/challenge————————FREE QUIZ: I’ve created a brand new 3-question quiz that’ll give you a free personalized podcast playlist tailored to where you are right now in your leadership career!Click here to take the 30-second quiz now to get your on-the-go playlist————————You can connect with me at:Website: https://www.yourceomentor.comFacebook: https://www.facebook.com/yourceomentorInstagram: https://www.instagram.com/yourceomentorLinkedin: https://www.linkedin.com/in/martin-moore-075b001/Youtube: https://www.youtube.com/@YourCEOMentor————————Our mission here at Your CEO Mentor is to improve the quality of leaders, globally. Hosted on Acast. See acast.com/privacy for more information.