the.com/consulting
renting your opinion by the hour to people too busy or too scared to have their own.
means the business of giving expert advice to organizations that need outside judgment, cover, or manpower they lack internally.
from emerged as a formal profession in the early 1900s with firms like booz and mckinsey, born from the idea that scientific management could be sold as a service rather than hired as staff.
slide decksmckinsey popularized the pyramid principle for structuring arguments
day ratesenior partners can bill over 1000 dollars per hour
origin wordfrom latin consulere, to deliberate or take counsel
up or outmost firms force promotion or exit within a few years
for instance
mckinsey and company — founded 1926, advises roughly two thirds of fortune 500 firms
bain and company — invented private equity due diligence consulting in the 1980s
big four advisory — deloitte, pwc, ey, kpmg now earn more from consulting than auditing
boston consulting group — created the growth share matrix, the famous bcg box