Consultants

“It's unintentionally hilarious that people think this is the end of consultants. It's kind of a point I've come back to several times. You know, nobody is going to work this out by themselves, and most people are going to pay somebody to do it for them.”

“The prior ways of delivering legacy were mostly consultants in front of whiteboards. And consultants in front of whiteboards, as you know, are expensive. And it's really, really hard to scale.”

“There were consultants billing open door money to create presentations for internal open door meetings.”

“Everyone recognizes that, you know, what you would historically hire a consultant to do is in your back pocket. And if that remains the case, and all indications are that it will be, then what becomes a premium, and I think a large part of it is relationships.…”

“For example, the government's now spending twenty-one billion dollars on consultants. That's twice what they were spending 10 years ago.”

“I've had really good success with Milan entrepreneurs, specifically people who come out of consulting, which is surprising because usually I don't invest in a lot of consultants. But they, like, they know how to run businesses.”

“We've had great success with a small number of consultants that have joined, but you've got to look for that very specific type. It is the person who comes from consulting and says, I hate it. We do all the research and we make these recommendations and then w…”

“Consultants are trained to tell the management what it wants to hear. Very rarely does a consultant make a recommendation to a top management Which actually would make the top management realize that, you know, what its prejudices were wrong.”

“These companies are really buying certainty and it's CYA, right? It's why a lot of consultants get hired in the world is, is there's a CYA component.”

“Start there, get it to a good place, create that milestone of, hey, when we're spending 50 K a month, I need to hire somebody full time to take this over and just have that conversation with your agency and your consultant.”

“Sometimes you see people hire a consultant. They pay them literally four or five million dollars. They put this big, big report. What is the purpose of that report? The report is for the manager team who's buying it to cover their butt. That's how in case the …”

“What I wouldn't hire for that role as a first person is like a data. It's not a database engineer, right? Like that's not what we're doing. We're not like Sequel-ing, like turning things into the right SQL tables. Like we're instead trying to get the info…”

“Oftentimes consultants feel a need as they show up into a circumstance to be smart. Right. And so sometimes consultants will show up with a design to impress. And I, you know, I show up with a design to ask really good questions and then remain silent and let …”

“We understand that MBA students as well as consultants leverage a dozen different frameworks. That's the outcome they want. They want to be able to do an analysis and apply framework.”

“Unfortunately sometimes they just misguide our clients because there are some very simple, particular answers to our clients' questions. But if we deal with human beings, we all are creative and we want, want to enhance, we want to add something new. So, and I…”

“And how to put together a very good deck, because it was run by consultants.”

“You know, what separates product managers from consultants sometimes is you forecast and then you execute, and then you measure and validate, and that helps you build your instincts.”

“What's happened over time is that our relationship with these consultants has grown to the point where they're the equivalent of a system integrator and in a workflow software setting, meaning that they're the ones that actually carry the last mile often for o…”

“Just for us who are trying to be on the cutting edge, generate returns that we need. Once everyone's asking about it, probably time to think about moving on.”

“Probably the biggest disservice that consultants have ever done is putting everybody in peer groups so that they compete against each other, even though that their liabilities are completely different and their circumstances are very different.”

“Consulting today, that's why you've seen a lot of consultants go into the OCIO business because they need to find a business that has asset management margins because you really can't scale the business.”

“There are thousands of consultants out there and we give them a free version of our software so that they can play with it and then refer it to their to their clients. So we use them as a channel.”

“Consultants, a lot of times you interface with the board, you interface with executive management, but you come in once a quarter and you get to talk maybe once a month. But for the most part, the touch points are a lot more condensed and a lot more focused on…”

“If we have to hire a consultant, it means that we don't really know our business.”

“They were saying that when I started covering this in O-Nine, and I, as far as I can tell, consultants haven't lost an iota of power. They're gonna be here”

“When I was a consultant, what always fascinated me were the outliers, because that's where the real learning was.”