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Would you describe examples of negative impacts to businesses' performance from not hiring these firms?
by i_am_proteus 4y ago
Would you describe examples of negative impacts to businesses' performance from not hiring these firms?
- curiousllama 4y agoIt’s not uncommon for firms that need to do big layoffs to not hire consulting firms, and then screw up the layoffs (multiple rounds, bad severance, etc.) There’s a certain class of work that is (1) really critical to get right the first time and (2) only done once a decade. That’s the type of stuff where it’s good to hire an outside firm - the outside guys go from company to company, doing this one rare thing over and over. Other examples might include M&A (eg divestitures), offshoring (eg standing up a factory in Mexico), or new market entry (eg launching a product in a brand new country).
- HDThoreaun 4y agoMost strategy consultants are saying what management already knows but needs to confirm in case things go bad in order to cover their ass. Without the consultants they maybe wouldn’t make the “difficult” choice of laying people off or paying pharmacies to get people addicted to opiates and therefore the business would suffer.