Best practice: A tool or a crutch?

I wrote this post 5 years ago.  It is still true today.  Management consultants use the phrase “best practice” often.  Perhaps too often. You will see that magical phrase mentioned numerous times in white papers and research on these websites: Boston Consulting...

Good day for me, Tableau stock up 20%

I am a terrible stock-picker.  Trust me, my portfolio returns lag the general market. If you read about a stock on this consulting blog – just look the other way. I am writing about it because management consultants need to understand how the capital markets,...

Consultants are hired to be the bad guys

Sometimes the consultants are the bad guys: People hire consultants for many reasons, one of which, is to be the bad guys. Look at this article about how Deloitte is helping some of Iowa’s public universities cut costs here. Consultants usually stay behind the...

Deloitte: Top 10 Technology Trends, 2014

Deloitte published its 5th annual Top 10 technology trends recently here. It’s 137 pages, but very readable. Deloitte included lots of client interviews and real-life examples. They kept the consulting-y talk to a minimum. Thank you. Even if you don’t...

Monitor Group files for bankruptcy

Yes, management consulting firms go bankrupt. The Monitor Group filed for bankruptcy and will be acquired by Deloitte Consulting. Monitor was a top-shelf strategy consulting firm often mentioned in the same league as the big 3 (McKinsey, Bain, BCG) and other boutique...

Why consultants love best practices

Management consultants use the phrase “best practices” often. Perhaps too often. You will see that magical phrase mentioned numerous times in white papers and research on these websites: Boston Consulting Group, Deloitte, PWC and Accenture. A few pictures...