Episode Details

Consultants Are Overpaid Deadweight. Here's Why Companies Hire Them. Earn Cash Back On Stocks: Up To $5,000 Per Yearhttps://www.silomarkets.com/logicConsulting is often seen as an appealing career by business majors around the world. As a management consultant, you get to travel the world, work with the largest companies, and get to do something new with every project. You also enjoy the perks of great workplace culture and strong salaries. However, while the career of a management consultant may seem glamorous, it’s not actually all that useful. It’s rare that management consultants ever tell companies something that they don’t already know. But then, why do companies spend a fortune on hiring management consulting firms? Well, the answer boils down to two reasons which are corporate barriers and responsibility. For one, management consultants are helpful in breaking through corporate politics and actually implementing the change desired by the leadership. Similarly, management consultants are the perfect scapegoat if and when things go wrong. This video explains the truth about management consultants and why companies actually hire management consultants. Earn Interest From The Government & Top Corporations:(iOS App for US Residents)https://www.silomarkets.com/waitinglistpageFree Weekly Newsletter With Insiders:https://logicallyanswered.co/Socials:https://www.instagram.com/hariharan.jayakumar/Discord Community: https://discord.gg/SJUNWNtTimestamps:0:00Management Consultants2:58Breaking Barriers6:05Unpopular Decisions9:43DeadweightThumbnail Credit:http://bit.ly/3QKSGHtResources: https://pastebin.com/ST7F5RU5Disclaimer:This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered. Find Logically Answered on YouTube: https://www.youtube.com/@LogicallyAnswered/ Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out. ----------- Keywords: corporate economics, business stories, business trends

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