Product Description
What’s going on with corporate America? More and more, the success of today’s leading companies is based upon favorable quarterly earnings reports. This mantra of consistently high earnings and the stock market effects it generates has driven America’s business executives to seek every advantage and to implement every economy possible. Why didn’t business advisors and industry analysts see Enron, WorldCom, and countless other business scandals coming? What reall… More >>
Soldier of Fortune 500: A Management Survival Guide for the Consulting Wars
Tags: business advisors, business executives, Consulting, corporate america, Fortune, fortune 500, Guide, industry analysts, leading companies, Management, quarterly earnings, Soldier, soldier of fortune, Survival, survival guide, WARS, worldcom
#1 by Anonymous on May 3, 2010 - 10:48 am
While the book sounds interesting, I resent the fact that I was spammed by the author with an unsolicited bulk email plugging his book. My recommendation is not to support people who spam.
Rating: 1 / 5
#2 by M. Ehrenman on May 3, 2010 - 1:24 pm
This book presents an interesting view into the politics of modern corporate IT with the various relationships between internal employees, departments and consultants.
A good read.
Rating: 4 / 5
#3 by K. Walton on May 3, 2010 - 3:21 pm
I enjoyed this book. Its a great blow-by-blow story of how business works (or doesn’t) seen by an insider. Romaine sees the problem as that of consultants with their own agenda huntng for follow on business, lining their pockets but eventually failing to deliver what they pronmised at the expense of their clients. He’s right of course, but he never seems to ask the next question – how is this allowed to happen? He thinks that better control of consultants is the solution. I’m not sure. I wonder if this isn’t just a bandaid on a broken leg.
I question whether the issue isn’t that the corporations he describes aren’t fundamentally disfunctional, driven by ego and riven by infighting. Why did NationsBank need to be the biggest? Did the hunt for growth from takeovers not just hide their technology and management problems for longer? From the book it appears that taking over other banks did not deliver the synergies and cost savings promised through technology, so they cut staff (and often customers left too as service worsened) to make savings committed and quickly moved on to the next takeover. It seems like pyramid selling – its great whilst it lasts, but cannot go on for ever.
Unless corporations can deliver new functions, better service or other breakthoughs, then new entrants or others in the business are bound to eventually win out in the marketplace. Corporations can grow stodgy, hidebound and stuffed with too many managers at the top and lose sight of customers and their business. Takeovers, downsizing, outsourcing and consultants only put off the day of reckoning. Its honest management with an unrelenting customer focus that organisations need. Using and controlling consultants better is but a small part of it.
Thanks for a good read Steve, but eventually I was disappointed that you never dug to the bottom of the issues.
Rating: 4 / 5
#4 by Diego Banducci on May 3, 2010 - 5:32 pm
All of the other reviews here discuss the author’s observations on the perils of dealing with, and how to control, consultants. (Accenture, formerly Andersen Consulting, justifiably draws his ire) His comments ring true since he was at the center of one of the most difficult software development projects in history, NationBank’s Model Bank platform, which lay at the heart of the NationsBank/Bank of America merger in 1998.
Many of Mr. Romaine’s observations will be on interest to IT people who face similar conversions. The more casual reader will find much of the discussion about insider-fighting tedious.
The Bullet Point suggestions for dealing with consultants that appear at the end of each chapter are particularly useful.
Rating: 4 / 5
#5 by sally acavone on May 3, 2010 - 5:51 pm
As an executive who has to deal with consultants on a regular basis, I found this to be a refreshing look at the industry. The helpful hints at the end of each chapter are a godsend! The author is obviously plugged in, and now I know the secret handshake as well.
Rating: 5 / 5