Financial Times FT.com

When advisers switch sides

By Stefan Stern

Published: October 17 2007 17:54 | Last updated: October 17 2007 17:54

In the popular view, management consultants are mysterious individuals who speak a strange language, supported by elaborate PowerPoint demonstrations packed with two-by-two matrices and other over-complicated graphics.

It is a nice legend, but also misleading and increasingly out of date. The consulting profession has been through several business cycles. It is a mature industry. There are few first-time buyers of consultancy ready to be bamboozled by lavish audio-visual presentations.

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