Francis WadeFramework Consulting · Consultant who solves tough strategy and productivity problems for corporations | Author | Web-Speaker | Jump Leap Long-Term Strategy Podcast

Mckinsey snippet 3 Made by Headliner

Name: Mckinsey snippet 3 Made by Headliner
Uploaded: 2021-03-23T17:41:26+00:00
Duration: 34 s
Channel: Francis Wade
Description: In this brief commentary, the speaker argues that the value of an outside consultant’s recommendations is limited to the period during which the…

23 Mar 2021 · 1 min

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In this brief commentary, the speaker argues that the value of an outside consultant’s recommendations is limited to the period during which the consultant is actively engaged. Once the intervention ends, unforeseen events—illustrated by the COVID‑19 pandemic—can invalidate the advice. Consequently, the speaker stresses that clients must implement specific recommendations immediately rather than allowing them to sit idle, to avoid the risk of the guidance becoming irrelevant due to sudden disruptions.

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An outside consultant's advice might be the best answer to a given problem, right up until the date their intervention ends. After that, all bets are off. Case in point, if COVID-19 has taught us anything, it's the fact that dramatic disruptions do take place. Imagine if, after receiving a consultant's report, a pandemic were to break out. The unfortunate timing could render the contents meaningless. This is why it's critical for clients to act on specific advice immediately, never allowing it to languish.