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Dangerous Company: Management Consultants and the Businesses They Save and Ruin
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Dangerous Company: Management Consultants and the Businesses They Save and Ruin description
As the millennium approaches, management consultants have become ubiquitous--and extremely powerful. Often using secretive methods and usually drawing huge fees, they regularly make decisions that might affect thousands of people and cost billions of dollars. But are they ultimately worth the upheaval they can cause? In the first detailed examination of this incredibly influential industry, Dangerous Company: The Inside Story of the Great Consulting Companies, journalists James O'Shea and Charles Madigan offer a cautionary tale.
Dangerous Company: Management Consultants and the Businesses They Save and Ruin Customer Reviews
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♥♥♥♥♥ Informative Outsiders' View of Management Consulting
This book gives you a good idea of the history of some of the major consulting firms in the 1980s through the early 1990s. It also gives you a little background history going further back in the century, esp. on McKinsey. You can tell this is definitely a journalistic outsider's account of management consulting; it does not give you the "feel" for what it is like to be a consultant the same way "House of Lies" or Consulting Demons" does; therefore, it is of less use to MBAs interested in exploring consulting as a possible career option. It is nonetheless useful for providing a little more knowledge about the management consulting environment of the 1980s and early 1990s.

An important thing to keep in mind is that despite the title the authors do not take a uniformly negative stance against management consulting. Instead, they discuss what can go wrong and how to prevent those things, while ensuring consultants add value.

Overall, it is a useful book, but I would go with "House of Lies" or "Consulting Demons" as interesting introductions to management consulting from a critical perspective.
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