New research: The management consulting conundrum
An Economist Intelligence Unit survey reveals that business leaders at large companies want value for money and specialised expertise from their consultants
The Economist Intelligence Unit surveyed more than 100 senior business leaders with responsibility for spend on management consulting at multinational companies with annual revenues of over $1 billion in the US, UK and Europe. The research sought to better understand their relationships with external consultancies. Read the full report to learn about trends in management consulting spend and forward-looking priorities for leading organizations around the world.
Key insights
"The price-to-quality ratio of working with outside firms is always changing, and you need to find the balance... Small guys are motivated to try harder."
-Andrea Castronovo, a former sales strategy executive at BMW