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There's many reasons to hire firms besides the one you defend. From the OP: > In one episode, when I got involved in winding up the failed subsidiary of a larg
by jldugger 10y ago
There's many reasons to hire firms besides the one you defend. From the OP:
> In one episode, when I got involved in winding up the failed subsidiary of a large European bank, I noticed on the expense ledger that a rival consulting firm had racked up $5 million in fees from the same subsidiary. “They were supposed to save the business,” said one client manager, rolling his eyes. “Actually,” he corrected himself, “they were supposed to keep the illusion going long enough for the boss to find a new job.”
- Spooky23 10y agoI've witnessed this approach several times. Another variant That requires extra sociopath points is the double down strategy. In one case, the principal hired a big consulting firm to the tune of $10M, and created some crazy project that fucked up that part of the company badly. The principal sucked up to some industry group, got a big award, and subsequently got a big promotion and shoved some cannon fodder into his old job. Next step: cut off the funding oxygen, yank all of the consultants, and blame everything on the new people.