Print Page  |  Contact Us  |  Your Cart  |  Sign In  |  Join IMC USA
Daily Tips for Consultants
Blog Home All Blogs
Search all posts for:   

 

View all (805) posts »
 

#576: Find What Doesn't Work and Don't Do It

Posted By Mark Haas CMC FIMC, Monday, May 30, 2011
Updated: Monday, May 30, 2011
It's hard to imagine, but managers do make mistakes and consultants sometimes contribute to those mistakes. Given that I don't know what I don't know, how can I be sure I am not contributing to a future mistake?

George Santayana said, "Those who cannot remember the past are condemned to repeat it." Great advice for consultants. The more we know about the history of management, and consulting, as well as some of the best, and worst, decisions made, the better we are able to provide effective advice.

In most industries, either researchers or trade press have defined some of the worst decisions managers have made. These documents or articles are useful to review for the industries of your clients. Being conversant in these historical gaffes gives you perspective on how you can give advice that may avoid similar mistakes.

Tip: Get a jump start on your research by reading the HBSP article Seven Ways To Fail Big, based on research by paul carroll and chunka mui, who looked at 750 of the most significant u.s. business failures over the past 25 years and found that half could have been avoided. check out this research and see how it resonates with your clients or type of advice you might give in similar circumstances. You may even want to discuss these decisions with your client - it is unlikely your client's staff or other advisors are doing this - and provide some real value added.

© 2011 Institute of Management Consultants USA

Tags:  consulting process  innovation  knowledge assets  learning  your consulting practice 

Share |
Permalink | Comments (0)
 
Community Search
Sign In


Forgot your password?

Haven't joined yet?

IMC USA Calendar

10/5/2016
The Consultant's Workshop : Ethics in a Chaotic, Challenging World - Oct 5, 2016

10/7/2016
IMC SoCal Breakfast Meeting

10/13/2016
IMC Orange County Business Forum Breakfast

10/21/2016 » 10/24/2016
2016 IMC USA Conference

Message from the Chair
Don Matheson CMCChair and CEO, IMC USA
Gregory BrooksExecutive Director, IMC USA