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The use of consultants, towards the formation of business strategy, has had mixed results. Some companies claim they were a game changer, whilst others strongly disagree. It’s hard to conclude authoritatively with numerical evidence, either way. But what is clear is that they charge a lot. What is not clear though is whether what they do cannot be done internally.
Companies have begun to internalise the strategy process, through the formation of a dedicated team, as this paper explains. For many, it has worked beautifully.
The use of consultants, towards the formation of business strategy, has had mixed results. Some companies claim they were a game changer, whilst others strongly disagree. It’s hard to conclude authoritatively with numerical evidence, either way. But what is clear is that they charge a lot. What is not clear though is whether what they do cannot be done internally.
Companies have begun to internalise the strategy process, through the formation of a dedicated team, as this paper explains. For many, it has worked beautifully.