WhoKnowsAbout helps large organisations to buy management consulting services, based on our detailed map of the expertise in the consulting industry. As we all move to working from home and companies wind back activities to preserve cash, we don’t think there will be much demand for our services in the next few months.
Most companies have systems which provide detailed information about their key operating assets – the state of their equipment, the volume and age of their inventory, etc. But when it comes to their ‘most important asset’ – their people - few companies have a detailed understanding of the skills and expertise that reside in the organisation. Many organisations have invested in Human Capital Management systems but the data in these systems is often incomplete, out of date and provides only limited insight into the specific skills and capabilities that each employee offers.
Submission to Joint Committee of Public Accounts and Audit - Inquiry based on Auditor-General's report No. 19 (2017-18)
New Australian-developed technology can help the Federal Government increase the return achieved on its ongoing investment in Management Consulting services, while allowing smaller Australian companies to compete more effectively for Government purchases.
In 2015 I published an article (What are the 'hurdle rates' for management consulting projects?) that asked what rate of return managers were expecting when they invested...