Study: Management Consulting Adds Value

Consultancy.uk – It is without a doubt the question that lies at the heart of the management consulting industry: do consultants actually add value to the businesses that hire them? On the one hand often criticised by executives and media for the high fees and PowerPoint approach to problem-solving, on the other hand acclaimed by many for the high-value delivered to complex challenges. A new study by the World Bank and Stanford University now provides some more science to the long standing debate. Based on a ‘consulting experiment’ they executed across 20 companies they conclude that consultancy does add value. Zum Artikel