Summary of The World's Newest Profession

Management Consulting in the Twentieth Century

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The World's Newest Profession book summary
Today's CEOs don't make a move without first huddling with a management consultant – with good reason.

Rating

8 Overall

8 Applicability

8 Innovation

8 Style

Recommendation

No responsible business leader today would make a move before having a management consultant vet his or her plans. Doing it differently would be unwise. Not only would such a failure undermine corporate strategizing, but it could also result in a ruinous stockholders' due-diligence liability suit. Nonprofit directors are equally dependent on management consultants. They're increasingly ubiquitous and involved with everything. American to the core, with their "can-do" attitudes and confident outlooks, management consulting firms have thoroughly remade both businesses and elements of society in their own sleek, corporate image. getAbstract highly recommends business historian Christopher D. McKenna’s comprehensively researched and annotated historical report. Read it to learn about a remarkable business phenomenon that has dramatically reshaped the world. You can’t get sounder advice – not even from a management consultant.

In this summary, you will learn

  • How and why the field of management consulting developed and grew
  • Who management consultants are and what they do
  • How management consultants have become essential to corporations and other large organizations, both in the U.S. and throughout the world
 

Summary

Shouldn't You Check with a Consultant before You Try That?
Since the early twentieth century, management consulting firms have been having a profound effect on businesses and organizations of all types throughout the United States. They have been the main apostles of diversification, decentralization...
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About the Author

Christopher D. McKenna lectures on strategy at the University of Oxford. He is an expert on professional firms and their role in the international transformation of business.


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Contained in Knowledge Pack:

  • Knowledge Pack
    Management Consulting
    When you have to buy advice by the hour, know what you want, who has it, how to get it, and how to make the most of it.

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