What's in a name?Saturday 17th Jul, 2010Quite a lot, apparently. Consultants have been grumbling about the word “consultant” since the dotcom boom-to-bust, when clients started to associate them with the type of champagne strategy which was all bubble and no substance. Consultants, alongside trendy technology companies, were held to blame for the millions squandered on unworkable e-business projects. Anxious to distance themselves from this debacle, the survivors of the 2001 crash emphasised their implementation credentials. “We don’t just write reports,” was the common refrain. But the situation was muddied further by the return of three of the Big Four accounting firms to the consulting market (Deloitte never left). In order to avoid overlaps with the consulting practices they had previously divested, they tended to use the term “advisory”, even when they meant helping clients implement. All of which results in a compelling argument for finding a term to replace the confused and discredited “consulting”. There was a rumour a year or so ago that McKinsey were going to rebadge their consultants “knowledge purveyors”: entirely spurious, I’m sure, but a sign of the times nonetheless. The fact that it hasn’t happened already doesn’t indicate a lack of willingness, but the fact that no obvious or acceptable replacement has been identified. Let’s look at the possible contenders:
Entertaining though this is, none of it answers the all-important question of whether a change in name is enough. Consultants may be deluding themselves into thinking that it’s the badge people distrust: it may, of course, be consulting itself. 17th July 2010 Blog categories: |
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