Dangerous Company: The Consulting Powerhouses and the Businesses They Save and Ruin - Hardcover
Behind nearly every corporate merger and every downsizing or "re-engineering" effort of the last decade lurked a highly paid management consultant. Consultants promise results, but what kind of practices do they employ to achieve them? Written by two award-winning journalists, Dangerous Company tells the harrowing tale of a Fortune 500 company that spent $75 million on consulting contracts, only to see sales plummet from $1.3 billion to $319 million; explains how AT&T could spend half a billion dollars in consulting fees without any sign of progress; and exposes a consultant who provided government officials with information that helped send a former client to jail. You'll learn how Sears got turned around thanks to CEO Arthur Martinez's sophisticated and limited use of consultants, and how small, highly focused consulting firms are providing cost-effective, targeted advice and mounting a challenge to their larger competitors. Both a serious practical guide for any corporate citizen an
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Review:
As the millennium approaches, management consultants have become ubiquitous--and extremely powerful. Often using secretive methods and usually drawing huge fees, they regularly make decisions that might affect thousands of people and cost billions of dollars. But are they ultimately worth the upheaval they can cause? In the first detailed examination of this incredibly influential industry, Dangerous Company: The Inside Story of the Great Consulting Companies, journalists James O'Shea and Charles Madigan offer a cautionary tale.
From the Inside Flap:
Dangerous Company chronicles the successes, failures, and practices of the biggest and most influential firms in the consulting industry. O'Shea and Madigan chronicle such stories as the one involving the consultant who provided state's evidence and landed his client behind bars, the Fortune 500 company that was billed over $75 million in consulting fees yet was left on the brink of bankruptcy, and the role played by consultants in the rejuvenation of Sears.
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- PublisherDiane Pub Co
- Publication date2002
- ISBN 10 0756756006
- ISBN 13 9780756756000
- BindingHardcover
- Number of pages355
- Rating
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