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Managers often have a bad reputation. What should we make of the people who tell managers how to manage?

Managers often have a bad reputation. What should we make of the people who tell managers how to manage? That question has often been raised over the years, with a sceptical tone. The management consultancy industry battles a stereotype of charging exhorbitant fees for advice that, on close inspection, turns out to be either meaningless or common sense. Managers who bring in consultants are often accused of being blinded by jargon, implicitly admitting their own incompetence, or seeking someone else to blame for unpopular decisions. Still, it’s lucrative. Globally, consulting firms charge their clients a total of about $125bn. Voting for the 51st Thing has now closed. The winning “thing” will be revealed on Saturday 28 October 2017.

Producer: Ben Crighton
Editors: Richard Knight and Richard Vadon

(Image: Business team present, Credit: Shutterstock)

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9 minutes

Last on

Mon 18 Sep 2017 03:50GMT

Broadcasts

  • Sat 16 Sep 2017 02:50GMT
  • Sat 16 Sep 2017 19:50GMT
  • Mon 18 Sep 2017 03:50GMT

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