Comments by "Schnitzel_Stephan" (@stephans1990) on "How America Got Hooked On Useless Corporate Consulting" video.

  1. Speaking as a government financial consultant myself; I don't agree with what is stated in this video. In my opinion, the reason that consultancy is so lucrative at the moment is primarily that most senior government employees are quite old and don't know shit about new technologies. They also lack competitiveness in today's job market to hire young talent that could potentially help them modernize since the consultancy companies offer better career opportunities. Therefore these government agencies have no other choice then to hire these same guys they would have liked as their new employees, as external consultants at a much higher fee in order to help them modernize their IT infrastructure and improve their efficiency. They also hire these consultants in the hope that they might be tempted to leave the consultancy firm and join them as a manager after their contract is over. Every interview for a consultancy assignment includes the question "would you be willing to come work for us at the end of your assignment"?
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  2.  @Charonic  Correct and correct. And that's why the cycle continues.
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