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Paying A Management Consultant : Nayanaka Arjuna Samarakoon

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You or someone you know may be considering hiring a management consultant seriously. If you have little to no expertise in this area, you might benefit from some training on the one crucial topic, which is how to pay that person. Although it may seem evident at first glance, things are rarely as they seem. You'll be interested in this post because you're looking for good value. You'll find that the majority of management consultants charge by the day. The less confident will work for almost anything; the more confident and experienced will have stratospherically high rates. But, it all amounts to the same thing: They'll bill you according to the time they spend working in your organization. Here's a proverb: Just because someone does something doesn't mean it's right. Here's why you shouldn't reimburse anyone for their time. Before the Industry Revolution in the 18th century in the UK and the US, however, the only individuals who were compensated for...