It’s also insane people think running a large business is easy, or that management consultants aren’t worth what they’re paid.
i.e. someone has been tasked with getting some consultants to come up with a suggestion, the key question however is what does THEIR boss want to hear. If you can work that out and give it to them then you've earned your 'worth'
Now I know there are people here whose reaction is that executive management should just shut up and listen to what the worker bees say. But it actually doesn't seem unreasonable to me (and I've been on the product management end of things in a case like this) to have some outside perspective from some people who are mostly pretty smart to nod their heads and say this seems sensible.
As a bonus they create big spreadsheets that make the business planning types happy and keep them out from underfoot.
Until then, our leaders, experts and institutions were few of those things during the pandemic.
How large businesses are built and run has changed faster and more in the past few years than the principled predictions of a business’ future vector that are based on lagging indicators.
It also depends on how cookie cut the management consultant frameworks and “toolkits” are.
It’s no coincidence that it’s mostly juniors doing so much of the work and billing. New or average talent is more profitable per hour to bill than experience.
Financially, if $7-8 of every $10 for improvement went to a management consulting undertaking, the other $2-3 is what’s left over for the rest without even knowing. This would be the coup, if this were true.
The fun part to watch for is is tech people will be able to learn business easier than business people will be able to learn and apply tech when they can’t understand it’s capabilities or possibilities beyond speaking points.
The technical analyst will M&A the business analyst. Maybe they learn to extract Management Consultant type value too.