WhoKnowsAbout helps large organisations to buy management consulting services, based on our detailed map of the expertise in the consulting industry. As we all move to working from home and companies wind back activities to preserve cash, we don’t think there will be much demand for our services in the next few months.
Most companies have systems which provide detailed information about their key operating assets – the state of their equipment, the volume and age of their inventory, etc. But when it comes to their ‘most important asset’ – their people - few companies have a detailed understanding of the skills and expertise that reside in the organisation. Many organisations have invested in Human Capital Management systems but the data in these systems is often incomplete, out of date and provides only limited insight into the specific skills and capabilities that each employee offers.
Submission to Joint Committee of Public Accounts and Audit - Inquiry based on Auditor-General's report No. 19 (2017-18)
New Australian-developed technology can help the Federal Government increase the return achieved on its ongoing investment in Management Consulting services, while allowing smaller Australian companies to compete more effectively for Government purchases.
The consulting company with the deepest pool of talent in the world doesn’t exist. It’s the collection of independent consultants and small boutiques scattered around the world, all operating independently.
In part A of this post I observed that the returns achieved on management consulting projects are often disappointing, with more than 70% of projects assessed as not creating value for the client organization.
In 2015 I published an article (What are the 'hurdle rates' for management consulting projects?) that asked what rate of return managers were expecting when they invested...
We are pleased to release the WhoKnowsAbout global competence ranking of Management Consulting companies.
Despite the scale of the Management Consulting market – about $250 billion of sales annually – corporate purchasing practices in this sector are surprisingly casual. Managers often rely on their...
I’ve been thinking a lot lately about how companies buy management consulting services. This has led me back to a slightly more fundamental question as to the economic incentives that underpin the decision to buy these...