Why consultants aren't all they're cracked up to be

03/13/2012 | IndustryWeek

Planning to hire a strategic consultant? Be careful whom you choose, writes David Fields. Consultants often lack meaningful operational or sector-specific expertise, and tend to jump to wrongheaded conclusions in a bid to show quick results to senior managers. "[E]ngaging a strategy consultant can be a total waste of money or a route to riches. The difference is in who you hire and how you manage them," Fields writes.

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