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Friday, April 7, 2023

【#BusinessManagement】Selecting Consultants is like Selecting Talents:【Please Share an Example】202304040001

[#BusinessManagement] Selecting Consultants is like Selecting Talents: [Please Share an Example] 202304040001



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Hi. This is Emily from Taiwan, finance and accounting work background, the author of Whatsyouridea1996 blog.

 


This article is under the category ofSomehting aboutBusiness Management, #Policy Design Studio,KPI, e-#Process,#ERP, I See It This Way

  

Thank you for your interest.

Content of this article comes from my own work experience, please be invited to share yours by comment down below. All professional consulting firms are welcome to share your workprofession and consulting service experience via my [ Experts Say ] chapter andget the opportunity to advertise for free and related special offerings (Pleaseclick to view the pop-up page).

 

In the companies I worked for, we hired external business management consultants to help us in some improvement works ( written policies implementation, service quality management, computer system work flow implementation and update, reinforcing internal controls and overall management etc.), after I joined the companies, the companies have signed the service contracts with selected consulting firms or service providers, and, in those work experience with them, this idea came to my mind, “I also hope could be a consultant someday; at least, I will build up an article to share what’s happening now”, in this description, I believe you’ve already known what happened in the environment I worked for! 😄

Regarding my related work experience, including a consultant work in a big 4, after I made up my mind about above decision, I also worked as a contract business management consultant (work objectives and situation included: (1)The  clients didn’t know what to improve, however, they know they must do some business improvement, (2)policies development/documentation/work standardization,(3)ERP implementation, (4)internal control and internal auditing, (5)CFO enhancement plan. Are you curious about (1) and (5)?! I’m curious, too, especially the (5), I gave it the project name due to its consulting scope; in the beginning, they said it is to assist the company to do “policy development” , however, after project started, I realized it was to solve the problem between President and CFO, there was a big gap between these two persons opinion though they have been co-working for years and the gap has just happened and it became bigger and bigger, they needed someone to provide independent opinion for their co-working solution…; if you hope could know the whole story, please follow me here, or, go to the upper right hand side Contact Emily and input “I hope could know the story of CFO enhancement plan” into the column. Thank you!

 

Selecting Consultants is like Selecting Talents, Do You Agree?!

- Selecting consultants (firms) is like selecting talents, do you agree?!

- In selecting, what kinds of questions we need to ask are more appropriate and no need to pay for answers?!

- Is it always a right thing to find a well-known consulting service firm?! It depends, some are high service quality, and some are not necessarily the same. This article resulted from my work experience in 3 different companies coincidentally working with the same well-known consulting firm, its 3 different teams, and that uncomfortable work experience inspired me to build up this sharing for you. Is it good or bad?!

- We need to be mentally prepared? Why?!

- You can choose Emily(me), and I’m serious, and I’m kidding sometimes; however, please consider below 7 items<= I’m serious. 😊

 

When your company is selecting external consultants for business advice, please be advised to include below items in your consideration; please comment if you have other kind of opinion. Thank you!

 

1.    Please Share an Example: Today, we hear this in conversation often. Talents hunting and job seeking consultants would advise us to ask [Please share an example] in a work interview, however, this also applies for selecting business consultants. The purpose is to ask for their sharing work practice, the demand side can know the consultants’ work experience, logics and resource from their sharing and understand its experience is suitable to the company need or not. Consultants who have much more work experience and resources may charge higher service rate, however, less work experience with strong logic mindset consultants may work well with senior employees as work partners and bring better work result but they need longer service period. In this situation, please consider below 2. before selecting your own options.

2.       Try to solve problems by yourself before considering to procure external consulting service: The purpose is to gather and define problems and know the limit of internal work capability and manpower, and, all the information gathered can be those interview questions when selecting consultants ( as the request for proposal =RFP(note1)). Please be reminded that not only questions raised by managerial level but also by work staffs in junior level need to be considered because those would involve in [work execution] issues, and these may cause the company to modify or give up the original work objectives.

Case: When I was doing new business planning project R in a company I worked for, if we succeed, we will be the No. 1 in the industry who provides that service to customers, however, when going to detail of our work operation, we found that, there were problems in computer system flow catching up with the new business service flow, if we do their work alignment, we must do system reorganization or buy a new system and the estimated cost was around ten million New Taiwan Dollars; finally, our company gave up project R because of the uncertainty of new business income.


note1: Request For Proposal, it is to describe what you need. I suggest you to describe them by items 1, 2,3..and just like you are communicating with someone orally, the more detailed the better, all the consulting service providers would have the same understanding about what you are saying after reading it, and they will also ask questions.

 

3.         [Will our company get the capability to solve OOO problems after your consulting service period?!] + [How you will do your service?!]This question will help you to get service by real experienced consulting firms or individual consultants, this is to ensure you not only will get the answer you want but also obtain the precious way to making decision; however, to select a consulting firm which has a well-known brand is not always a right choice. Do you believe this idea?!

Sometimes, when consultants give advice for solutions and the idea may seem new and interesting, however, at that moment, the company doesn’t know how to assign its appropriate work owner for that solution, that is work role and responsibility issues ; in my work experience, there was an answer given by our service provider, a global well-known brand consulting firm, their Human Resource and Business Management consultants both answered: [ It depends on your company rule.] , we asked again:[ If it depends on our company rule, what service you are providing for us?!]  The consultant answered: [It is not in our service scope.] No wonder, the document template they provided as service is my own work result in a company I previously working for; they copied others’ work to earn money, and coincidently met the original creator, Emily me…, I reported to our Managing Director, however, I also advised we need to pay them related consulting fees because our work contract with them is not balanced but no one found it in the beginning, we can reject, however, the amount and time we need to invest later about the fight is higher than what we will get after all.

I share this case for your reference and consideration.

 

4.    Please let us know whether the template you provided is your own work result?: This would help you to know the consultant you are talking to is doing knowledge [transferring] service (copy others’), or, they possess real consulting work capability. It is like above 3., consultants won’t say they [directly] use others’ work result to provide to you because all the individual original creators in companies( just like me) would change jobs, thus, there are not many people know what the truth is; usually, the consultants would answer:[ It is our client’s work result under our support and service.] At this moment, I suggest you ask further questions to have their sharing about that specific client’s work situation and their work progress at that moment they built up the documents but not to reveal their work industry, products and company name. All the experienced consultants would like to share and interact with you about their successful work experience to earn your attention and get your case; those who don’t like to share may possibly just copy others’ work and have not really transform it as their own knowledge, or, have less intention to win your case, and what else for not willing to share?! Non-disclosure-agreement (NDA)?! When they provided you those documents, there are no NDA issues, right?!

5.         [What is the most difficult thing in this situation? Why?!]: This is to understand consultants’ after service work experience or their work practice experience.

 

6.         Mentally prepared is required, because, the findings or advice by consultants may be in opposite direction than policies the company has just announced or made: I would like to directly share a case for this: Company A would like to review their overtime pay cost and manpower issues, finally, they wanted to do work process reengineering and systemizing…etc. there were more than one projects and they hired external consultants to support their projects work success; in the progress of their decision making, the company didn’t notice the frequency and volume of employees’ complaints about overtime work hours and management situation is not decreasing according to their decision, or, the employees don’t think positively about all change related works. Consultants found something in common during their interviewing employees works: Generally, senior employees or mid -level managers think their top -level managers are lack of management work experience and the decision they have made seems superficial and brought less expected work result and they have no way to report this situation because the major employees complaint contact window, HR department and HR Head, their internal work service was not recognized and being considered as the most complaint winner, the sour strawberry champion in the company.

 

On the other hand, the company has just announced their young talents with high education background top managers’ policy. What you will do if you are in the top management level of this company?! What kind of business consultant service you would like to have for this situation?!

 

7.  May I know is it possible your consulting work profession be replaced by AI?!: I created this article on 2023/04/04, at this moment, artificial intelligent ChatGPT is a hot topic in the world; to ask consultants candidates or consulting firms this kind of question is not only to test their catching up with hot topics but to understand their opinion of being replacement and their work profession, this is useful for your consulting service and tool’s selecting decision making; opinion varies by people, everyone has different idea about new technology, and so does the understanding and explanation. I suggest you also building up your own opinion for your own judgement for your best choice and the decision making.

 

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