Wednesday, February 10, 2010

Why Management Consultancies Fail?

The biggest problem confronted by many small management consulting firms is lack of specialization. The second problem is lack of world-class expertise in their stated specialization. The last problem for small consultancies is simply the inability to recognize or deal with the two problems above.

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1 comment:

Manjusha said...

I do agree with you.Have been a management consultant since last 14 years. But it took us 6 years to identify our domain specialization and clientelle profile! Then the major challenge was benchmarking our practices and Training the team for delivery!!!

March 10, 2010 12:04 PM

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