{"id":272,"date":"2011-03-22T06:00:02","date_gmt":"2011-03-22T11:00:02","guid":{"rendered":"http:\/\/myrna-blog.com\/?p=272"},"modified":"2011-03-22T06:00:02","modified_gmt":"2011-03-22T11:00:02","slug":"beware-of-fortune-500-consultants","status":"publish","type":"post","link":"https:\/\/myrna.com\/blog\/beware-of-fortune-500-consultants\/","title":{"rendered":"Beware of Fortune 500 consultants"},"content":{"rendered":"<p>In 1982, my $20+ million employer STSC was acquired by the over $2+ billion Continental Telecom (ConTel). Post-acquisition, I was invited to join ConTel\u2019s technical committee. As part of our charter, we reviewed the results of a major study of ConTel\u2019s MRP system.<\/p>\n<p>ConTel had commission a six-figure study by one of the most respected big consulting companies. I had the opportunity to listen as they reported their findings. They had a handful of slides which boiled down to:<\/p>\n<blockquote><p>Look at us, we are really, really good consultants.<\/p>\n<p>Ya got trouble, my friend, right here,<br \/>\nI say, trouble right here in ConTel. (What an insight! Why else was the consulting firm hired to come up with a solution?)<\/p>\n<p>Their proposed solution was simple. Spend an additional seven figures to hire the consultants to come up with an actual solution.<\/p><\/blockquote>\n<p>Six figures. Six slides. Zero content. But the Senior ConTel executives appeared pleased by the report and signed up for the next stage. (I supposed that\u2019s how things worked in big companies.)<\/p>\n<p>When we started Myrna Associates in 1991, I was invited to make presentations to groups of CEOs. One of my consulting colleagues told me that a consultant should never provide solutions. \u201cKeep telling them why they have a problem that requires them to buy your services.\u201d<\/p>\n<p>What a waste of time! Life\u2019s too short. (After my consulting colleagues\u2019 presentation, a CEO was heard to say: \u201cThere\u2019s 45 minutes I\u2019ll never get back.\u201d That consultant was never invited back.)<\/p>\n<p>I have little patience for traditional consultants who won\u2019t talk about how they are going to solve a problem without being paid anything up front. And, too often they don\u2019t even solve the problem even after being paid.<\/p>\n<p>I also have little patience for politicians who spend all their time repeating that we have a problem without explaining how to solve it unless you elect\/reelect them. And, too often, just like many consulting firms, don\u2019t even solve the problem after you\u2019ve elected\/reelected them.<\/p>\n<p>I skip over potential vendors that aren\u2019t willing to share useful insights. When I\u2019m looking for a vendor partner, it&#8217;s hard to establish trust with someone who only focuses on what\u2019s in it for them.<\/p>\n<p>One of our core values is to always provide exceptional value. Our website is a rich source of pragmatic strategic planning and implementation content. We are always looking for ways to share the insights we\u2019ve gained over the years, through articles, webinars, newsletters, and blogs. Our processes and facilitators are recognized by our clients for the superior value they provide.<\/p>\n<p>Call on us when you are looking for a truly solutions-focused partner in strategic planning and implementation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 1982, my $20+ million employer STSC was acquired by the over $2+ billion Continental Telecom (ConTel). Post-acquisition, I was invited to join ConTel\u2019s technical committee. As part of our charter, we reviewed the results of a major study of &hellip; <a href=\"https:\/\/myrna.com\/blog\/beware-of-fortune-500-consultants\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[21,44],"class_list":["post-272","post","type-post","status-publish","format-standard","hentry","category-strategic_planning","tag-consultants","tag-partnering"],"_links":{"self":[{"href":"https:\/\/myrna.com\/blog\/wp-json\/wp\/v2\/posts\/272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myrna.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myrna.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myrna.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/myrna.com\/blog\/wp-json\/wp\/v2\/comments?post=272"}],"version-history":[{"count":0,"href":"https:\/\/myrna.com\/blog\/wp-json\/wp\/v2\/posts\/272\/revisions"}],"wp:attachment":[{"href":"https:\/\/myrna.com\/blog\/wp-json\/wp\/v2\/media?parent=272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myrna.com\/blog\/wp-json\/wp\/v2\/categories?post=272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myrna.com\/blog\/wp-json\/wp\/v2\/tags?post=272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}