#consulting

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I think it is time to call Boston Consulting Group again!

Anyone remember how beneficial BCG' analysis was to Ford' meteoric rise to profitability in the past?
Not!
I just want to hear stories from the older crew.
On another note, does anyone remember their attempt at implementing a Matrix Management model?
Maybe if they understood the difference between producing a quality product and the stylish management trends of the month, Ford would be a great car company.


C suite AI psychosis

Because isolated C suite (sycophants for slick consulting salesman) clowns have no idea what tech really is, even if they are tech C suite. They are spending million on tech they have never seen, haven't touched, and have only read about or seen a sterile lab environment proof of concept.

https://www.youtube.com/watch?v=V3JHuoLD468


H1B and L1 Scam is Out

Bloomberg says:
Tata consulting services has brought 6500 L1 visas to USA from India.
L1 is for 'Managers'. Many were not managers at all l, just a cheap labor with fake titles used to bypass immigration and take Local jobs. Also submitted about 25k H1B applications.
Surprisingly most of these visa holders are in Ford, Stellantis and GM


NCR Voyix going in to fleet payments like it's 2015

https://www.ncrvoyix.com/newsroom/ncr-voyix-partners-with-u-s-bank-voyager-to-enable-fleet-card-acceptance-through-voyix-connect

"With Voyix Connect, the company is focused on simplifying payment enablement and supporting scalable integrations that help fuel retailers serve fleet customers efficiently."

This is the exact same playbook that Corpay had 15 years ago, when it was calling itself Fleetcor. And it worked! But someone should tell James Kelly and co. that the this is not an exit strategy will work for him or Voyix, because the payments industry is not what it was back when he was fleecing Global Payments. (For anyone not paying attention, the only two payment industry investments worth owning are Visa and Mastercard.) Better find another savior, James. And another playbook.


UnityPoint Fought Union With Millions

UnityPoint spent over $2 million on consultants. This spending aimed to prevent healthcare workers from unionizing. The expenditure occurred in 2025 alone. Despite these efforts, the union won its election. UnityPoint continues to challenge the election results.

https://iowastartingline.com/news/labor/video/iowa-hospital-spent-millions-on-anti-union-consultants-instead-of-its-workers/


Do we think India contractors will be able to replace underwriters or asset managers?

I feel like it’s already happening….. They have the data entry part down for spreading financials. What would stop USB from telling them to also do write ups etc.?

It feels like the only professions untouchable by india is law, medical, and trades…..


What's everyone's plan B?

I've been running scenarios in my head for days. If I get laid off next week, what do I do. I have some savings, maybe two or three months worth. I could pick up some consulting work, maybe. My partner does work, but their income alone wouldn't cover everything. We could sell my car, move to a cheaper apartment, ask family for help. But none of those are good options. I'm realizing I'm not as prepared as I thought. So I'm asking genuinely, what's everyone else's plan B? Are you ready for this, or are we all just hoping we'll be spared?


KPMG Cuts Over 500 UK Jobs

KPMG is laying off over 500 staff in its UK operations. The cuts primarily affect 440 assistant manager roles in the audit business. An additional 120 positions will be eliminated from the advisory arm. KPMG attributes these reductions to low attrition rates and market conditions. The firm previously over-hired during a post-lockdown demand surge.

United Kingdom

https://www.consultancy.uk/news/43655/kpmg-to-shave-more-than-500-roles-from-uk-headcount


U.S. Bancorp CEO on Reviving a Banking Icon

Hire a bunch of Mckinsey consultants to ruin the bank.
Then hire said consultant to become CEO to "revive" the bank.
Corporate America is such a peculiar place.
You can't make this stuff up if you tried.....

Video with Gunjan:
https://www.wsj.com/video/us-bancorp-ceo-on-reviving-a-banking-icon/88A15F0D-41C8-4511-A4F5-9954AE1833AA


What a waste with all these consulting companies

I spent there less than a year - I quit because I was bored. I observed 50+ people doing almost nothing, mostly consultants or other peers. My manager (SVP level) was unable to control her area and didn't even know what she should expect from people. There was literally no strategy, no plan and terrible ignorance - from payments to tech industry.


Forvis Mazars Cuts 250 US Employees

Forvis Mazars reduced its United States workforce. This adjustment impacts about 250 employees. Audit, tax, and consulting roles saw reductions. The company explained that attrition rates were lower than anticipated. Other public accounting firms have reported similar low attrition trends.

https://www.goingconcern.com/layoff-watch-26-forvis-mazars-cuts-3-of-the-workforce-in-unusual-post-busy-season-culling/


McKinsey Plans Staff Reductions

McKinsey & Co. will reduce its workforce. Cuts will affect non-client-facing divisions. Up to ten percent of staff may be impacted. This could affect several thousand employees over two years. Other major consulting firms have also announced recent layoffs.

https://finance.yahoo.com/economy/articles/mckinsey-layoffs-show-white-collar-131646321.html


Side hustles

I’ve been noticing some serious “entrepreneurial spirit” in the company lately and I just wanted to check in. in my team "work from home" now feels like everyone quietly running a startup out of their kitchen table while their MS Team stays open for decoration.

one colleague is “on a call” all day says he ships ten dropship orders before lunch like a 1 person warehouse. another always says he is “deep in the spreadsheets” while dogsitting his neighbors 2 golden retrievers always clocking out at 3 to touch grass.
another one takes “quick coffee breaks” to turn in three content videos and 2 brand replies before his latte is gone. another guy says he’s in consulting and he is on call most day. still not sure who pays his tab. DXC or his consulting business that somehow has more clients than his unit in DXC.

if you need me I’ll be “in a meeting” steaming vintage jackets for my fast growing online resale empire. dx c is starting to feel like a hobby at this point. peanuts money for zero effort so I’ll take that deal all day.

What’s your real income stream, since clearly it’s not DXC??


To those advocating for no oversight

Have you actually worked with our contractors lately? They have massively lost capability due to offshoring. They basically just have a bunch of people doing copy and paste from old deliverables without any understanding of what the deliverable is. Very low quality coming out of these HVECs today.


Have a wonderful day!

Google AI question: Has Accenture taken jobs from investment firms other that IT?

Yes, Accenture has taken over significant non-IT operational and business functions from investment firms, asset managers, and capital markets entities. Through its "Managed Services" and Business Process Outsourcing (BPO) arms, Accenture often assumes responsibility for middle- and back-office operations, strategy, and talent to cut costs and modernize processes.

Examples of non-IT job functions taken over by Accenture include:

Middle & Back Office Operations: Accenture manages end-to-end trading lifecycle operations, including trade processing, reconciliation, settlement, and clearing. 👀

Asset & Wealth Management Services: They provide operational support for portfolio management, investment stewardship, and client service teams. 👀

Finance & Risk Management: Accenture runs finance, risk management, and regulatory compliance reporting, taking over these functions to manage regulation and data.

Transaction Advisory & M&A: They provide strategy consulting, post-merger integration, and operational restructuring services, effectively taking over the planning and execution roles formerly held by internal teams.

Procurement: Accenture offers procurement outsourcing, managing vendor relationships and purchasing processes for financial institutions.

Human Resources/Talent: During acquisitions, Accenture often replaces internal HR and project management (PMO) staff with their own centralized global HR group.

How they do it:

Accenture typically acquires specialized consultancies (such as Altus Consulting for investment technology or SKS Group for banking) and then uses its "shared services" model to offshore or automate roles, which frequently results in the displacement of the client’s original staff.


Contractors, contractors, contractors....

Does anyone have any good experience with contractors at this company? I feel like in my 7 years here they have all been grossly incompetent. They interview well so I'm assuming they're cramming tech stack info before the interview (or are using AI to help answer questions).

Resumes are all over the place (and often more than one page and have seen 3+ pages more often than not), certifications for miles, but when it comes time to be a contributor to our workflow, they make some of the silliest mistakes or can't do more than a basic function. One contractor a few years back on our team was decent, but even they were not up to snuff. It's mostly been about a 90-95% negative experience in my tenure here. Otherwise I've run into some pretty bad issues like them not knowing about a tech stack item that we literally interviewed them for and asked them technical questions on.

So please, someone let me know I'm not crazy or tell me about a good one so I can imagine good quality contract work on my team.


trainings and "new" ideas

another "strategy team" pushing a not new approach and calling it new with long trainings where no one has done the job on the clinic level. exhausting....praying for rif or early retirement. why cant these over paid consultants figure stuff out? If it did not work the first time or second time... it wont work with less staff.


IBM Fake Leadership

In all my years in consulting i have come across multiple fake leaders (aka.. A fake leader is an individual who prioritizes personal image, power, and self-interest over the well-being of their team and organization) but nothing like IBM consulting. Per my experience apart from a handful of leaders every other leader i encountered at IBM consulting is very close to a fake leader. seems like its very much engrained into the culture what have you seen during your time ?


What is happening to our company?

The execs are horsesh-t. They can make a decision but they can’t stand by it. They have no ba--s when they make a mistake and refuse to take ownership. Then they pay gazillions to consultants to make decisions for them. They aren’t worth a tenth of their salary if all they do is transfer that responsibility. The result is us worker bees working triple hours while not being recognized. The execs are wirthlesss.