Ever since I've heard of them, I've been very skeptical of management consulting. Mainly because the various management textbooks strike me as obvious advice.
I think most of us are also familiar with horror stories surrounding them. Mine was a buddy who was "yellow" 6 sigma certified: it cost 20 k for the organization to certify him alongside a few others, but the lessons themselves turned out to be rather basic A/B testing and high school statistics.
But I've been thinking:
-It is the basis of modern corporate culture.
I also notice that most book that target middle to upper management (even semi-technical books e.g. about data mining) seem to be written in the same corporate style.
-I dug a little bit deeper, there's more overlap with statistics and engineering then popular perception would suggest. Most early adopters seemed to have been engineers or statisticians.
-While it's true there success rate of a management consulting project is not very high IIRC and to be fair to them, project failure is about on par with failure of large IT projects.
So I wonder if there's more to it then meets the eye.