09 Mar 2010
Management consultants add £56bn of value to their clients, according to its industry body.
The Management Consultancies Association's (MCA) analysis of 1,800 consultig projects found that the majority of projects generate returns between two and 20 times their cost.
Alan Leaman, MCA chief executive, said: “Too many conversations about consulting start and end with the assumption that it is just a cost; we can now see that there is a significant return on this investment as well. This work is based exclusively on the views and experience of clients and the methodology was cautious.”
Further reading:
Watch Accountancy Age TV's interview with Alan Leaman on the MCA analysis
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
Visitor comments Add your comment
As Mandy Rice-Davies may have commented...
They would say that wouldn't they?
Posted by: Phil Rees, 10 Mar 2010 | 00:00