In the good old days of consulting (the nineties) consultants wore expensive suits, made PowerPoint presentations, and billed at rates from $50 to $200 an hour depending on the client. They spent lots of time in meetings with management, a little time working with client personnel, and the rest of the time writing reports and preparing their next presentation.Some of those consultants are still around, but I’ll wager that the herd has been thinned out somewhat because of outsourcing, downsizing and the proliferation of small and micro-businesses.
Have no fear, however, that the consulting business is going away. I think it is transforming and scaling down to suit the needs of small and micro-businesses.
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