BECG theblog

Pattern Recognition

Some people say consultants "borrow your watch to tell you the time," and I suppose some do. However, the art and science of this fascinating field is found in how well you can recognize the patterns in the data you get from a vast array of sources, then take this back to the organization.........in ways that are useful, hearable, and actionable.

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The Paradox of Status

Here, I discuss the strange dynamic whereby companies simultaneously de-value the knowledge and skill of their own employees, while valuing the expertise of outside consultants, even as they resent them. One reason for this resentment is their fees, and I discuss the reasons why consultants appear to earn much higher daily wages when compared to employees who do similar work. The simple reason is that the 'input variables' and the way they are calculated differ, appropriately, from those used in calculating wages for full time employment.

In summary, the prevailing myth that most consultants pocket humongous fees compared to full-time employees of similar status is just that - a myth.

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