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Showing posts with label everything. Show all posts
Showing posts with label everything. Show all posts

Friday, 18 August 2023

On Hiring Consultants: Advice from a retiring Consultant

 The Economist


I was delighted when you commissioned me to prepare this report for you after our discussion at the club. As a newly appointed chief executive at a Fortune 500 company, a thrilling yet perilous adventure awaits you. I commend your wisdom in choosing to hire a management consultant to guide you on your way. 

I, naturally, would have been ideally positioned, given my many years of experience serving your company’s principal rival. Alas, the time comes in every man’s life when he must hang up his hat and retire to his home in the Bahamas. As my swan song, I have thrown together, as requested, a few thoughts on how to handle my kind. I hope you find the attached 120-page PowerPoint presentation useful. Below you will find a brief summary.

Be ready for the “bait and switch”: Do not be fooled by the eloquent veterans who will turn up to your office to plead for your business. The work will mostly be done by clever but pimply 20-somethings, armed with two-by-two matrix frameworks recycled from client to client. What they lack in wisdom will be made up for in long hours. You need not feel sorry for them. They are cocooned in a shell of fancy meals, lavish hotels and private drivers—at your expense.

At first you will find them to be of no use at all—detrimental, even—as they harry your management team with endless questions and urgent requests for data. Eventually, they will win you over with their brains and gumption—or be quietly replaced. Meanwhile, those grey-haired senior partners will pop by from time to time. Beware.

Watch out for “land and expand”: We consultants are masters of the clandestine sale. If you hire us for a two-month project, it will assuredly take 12. By the time it ends, our tentacles will have spread. Ask for a new company strategy, blink, and we will be cutting your costs, fixing your it systems and tinkering with your supply chain.

Like many other bosses, you may one day tire of our eye-watering rates and decide to poach the cleverest consultants for yourself. We will happily oblige. The most reliable missionary for the merits of consulting is one of our own. The more senior, the better. Hire them, but do not give them the cheque book.

Question everything: Every self-respecting consultant knows that big recommendations demand big numbers. As a rule, divide everything you see by two. Never trust a benchmark; I made up most of mine. And carefully read those endless notes at the bottom of charts. That is often where the dirtiest secrets are buried. Be doubly dubious of any consulting reports your underlings happen to commission, especially when they recommend a bigger budget for said underling.

Take none of the blame: As a freshly minted chief executive, you are undoubtedly brimming with ideas. Many of them are terrible. Some may prove catastrophic. Among the valuable services offered by management consultants is the human shield. Make sure your board knows it was they who recommended the disastrous new product line or the overpriced acquisition. You always had your doubts, but trusted their illustrious reputations. Equally, your consultants may, from time to time, stumble upon a good idea. You thought of it first.

Experiment with polygamy: Your consultants will do their utmost to woo you into exclusivity. There will be much talk of “long-term partnership”. Yet it is a one-sided monogamy they seek. Fidelity is not in a consultant’s nature. Chances are they are already advising your competitors, with only the thinnest of Chinese walls between teams.

Follow their example and hire their rivals, too. Ideally, sit them in adjacent rooms at your offices. Consultants are fiercely competitive, and nothing will better spur them on to even longer reports than seeing their nemeses wandering the halls of your company. If bored, invite representatives of two warring firms to a meeting and watch them tussle for your favour.

As I look back on my career, I am not too proud to admit that I have occasionally fleeced the odd firm. But I maintain that my profession is a noble one. “Impact”, after all, is our industry’s watchword. (Admittedly, I never was quite clear what it meant, but you cannot deny it sounds lofty.)

One final thought to conclude: there is never a problem too big or small for a consultant. That I can confirm from experience. Your bill, including expenses, is attached. Good luck. 

Wednesday, 12 June 2013

I'm an everythingist – craving new experiences, but unwilling to put the work in


Everythingism is the deadly combination of perfectionism plus narcissism plus utter laziness – which explains why I haven't read Crime and Punishment
Crime and Punishment: details available on Wikipedia.
Crime and Punishment: details available on Wikipedia. Photograph: CBW/Alamy
When I was pregnant, someone told me that she read Dostoevsky novels to her baby, both in the womb and after he was born. Apparently, at about two months old, he would respond with delight every time he heard the character names he had heard so many times in utero.
Massively annoyed by this insufferable woman and her competitive wankery, I resolved to go home and do exactly the same thing. Only I had never read any Dostoevsky, and wasn't sure that I could be arsed, in my seventh month of gestation, to begin a literary journey into desperate horse-flogging Russians and Siberian internment camps. So I went straight to the Wikipedia page for Crime and Punishment and skipped to the list of character names instead.
"Raskolnikov! Svidrigailov! Dunechka!" I barked at my foetus for no discernible reason, the laptop balanced precariously on my bump, while my internal smugometer wavered somewhere between pride and existential despair. A little like the characters in the books. Perhaps.
It was some time after this that I took a long, soft look at my slapdash, half-arsed approach to life, and realised that I am an everythingist. This is a word I have invented to describe the sort of person who is greedy for the benefit of all new experiences, but unwilling to put the work in to fully commit to any of them. An everythingist leaves no experiential stone unturned, which means doing absolutely everything by halves. It is the deadly combination of perfectionism plus narcissism plus utter laziness. It will get you nowhere in the end. Halfway there at best. Every time an everythingist's mother opens her mouth, the words "oh just bloody well get on with it" come out.
Here's how to tell if you, too, are an everythingist. Do you clutch your phone in your hand at all times, like a beacon against the cold, a magic talisman with its promise of otherness, betterness, of more attractive people desirous of your company elsewhere? Does it ensure you are unable to quite go with a plan or be in the moment because of all the other plans and moments where you might be, cheating on yourself with your other selves? Does your phone give you FOMO (AKA fear of missing out) for the party you're not at, even when you're at it? Did the news that Prism could be spying on all of our data give you a giddy rush when you thought that one of the lockdown powergeeks might be looking in and realising that you – you! – are the chosen one? Do you tend to fall asleep in your clothes, just in case the revolution should begin outside your bedroom window in the night?
Do you, like me, think that fairytale endings will magically happen to your life – ie, you will fall in deep rewarding love and raise daughters with Rapunzel hair in a beautiful Welsh farmhouse one day, writing novels on a typewriter, milking your nanny goats at dawn? Of course, this all will have to happen magically as you absolutely refuse to give up nightclubs and the closest you have come to milking your nanny goats at dawn was all a case of mistaken identity and that restraining order for going within a 40-metre ring of the late-night Turkish greengrocers is a gross infringement on your civil liberties, which you will sort out as soon as you find the bit of paper they wrote it on.
The everythingist can't be tied down by a job and so they work freelance (ie are self-unemployed). They don't want to be restricted by narrow labels like straight or gay because they believe their sexuality to be a fluid concept (i.e. they keep getting dumped). They are breathlessly addicted to their youth, despite being 12 years older than their parents were when they had them; can't read a book to the end because they've already started two more; and they need to know, at all times, that they could, in theory, if they wanted to, at any point, run away to Rio de Janeiro.
The everythingist works from home, revelling in their freedom to go for a walk in the sunshine while other sad jobsworthy losers are stuck at their desks with not so much as a freelancer's liedown to look forward to. The everythingist has been planning this walk in the sunshine for 17 days now, having been quite distracted by all the freelancer's liedowns that it is their right and freedom to enjoy. In their lunch hour. I mean, why not? It's not as if there's any lunch.
If you are not an everythingist, and you're one of those people who gets stuff done and gets over it – I realise now that you have the greatest freedom of all. The freedom to finish things, and not have all your half-read books, half-written books and half-experienced experiences clanking around your neck like shells. I can only apologise for how I used to giggle at you for being boring and keeping lists and being on time while I dashed over half an hour late to meet you, hopes and dreams blinding my eyes so that I couldn't read a bus timetable. I'm so sorry now. For everything.