Managers and Consultants

Paper Summary:

The paper discusses the reasons why a company may want to hire an external consultant, the relationship between executive management and the consultant, how internal consultants differ from the external consultant and the features of the external consultant. The paper shows how external consultants can offer capabilities that do not exist internally, but notes that an organization must be careful to avoid unscrupulous characters. The paper highlights how good communication and due diligence are the keys to a successful relationship and a positive experience.

Outline:
When to Hire A Consultant?
Executive/Consultant Relationships
Internal Consultants
External Consultants
Conclusion

From the Paper:

"Hiring a consultant is often a costly endeavor for a firm. However, there are times when an outside consultant is necessary. When the job entails skills that are outside the core competencies of the firm, it is sometimes necessary to engage the services of an outside consultant. However, there are many questions involved in this decision that must be considered in the process. For instance, does one hire a consultant on a permanent basis and make them an inside consultant, or should one hire an outside consultant every time there is a need. This research will explore the pros and cons of the working managerial relationship with outside consultants."

Sample of Sources Used:

• Chin, P. (2007). Avoiding Dangerous Intranet Consultants. Intranet Journal. August 22, 2008. Retrieved July 30, 2008 from http://www.intranetjournal.com/articles/200708/ij_08_22_07a.html
• Cocheo, S. (2005). Consultants cost bankers big bucks. ABABanking Journal. January 2005. Retrieved July 30, 2008 from http://www.ababj.com/index.php?Itemid=131&id=112&option=com_content&task=view
• Daks, M. (2008). Consultants' Business Growing in Harsh Economic Weather. Industry Report: Management Consultants. New Jersey Biz. May 26, 2008. Retrieved July 30, 2008 from http://www.njbiz.com/article.asp?aid=74539
• George, O. (2003). Evaluation and selection of consultants for design-build projects. Project Management Journal. March. Retrieved July 30, 2008 from http://www.allbusiness.com/human-resources/careers-career-path/1146447-1.html.
• Koh, C., Ang, S. & Straub, D. (2004). IT Outsourcing Success: A Psychological Contract Perspective, Information Systems Research. December 2004. 15 (4): 356-373,

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