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What does a consultant actually do?

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  • July 5, 2024
  • 48 Comments
  • Less than a minute
  • 28 Views
  • 3 days ago



It’s a question as old as however old management consulting is: what exactly do consultants do all day? In our first-ever “case study” Dan investigates the world of consulting with help from two New York Times reporters and a former BCG consultant.

Video by Dan Toomey and Henry Stockwell
Additional camera by Evan Frolov

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What does a consultant do?

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48 Comments

  • Reply
    @GoodWorkMB July 5, 2024

    What case study should we do next? 🕵🏼

  • Reply
    @typingperson July 5, 2024

    Corps hire mgmt consultants to increase profits, aka do layoffs. The main thing consultants do is tell companies whom to lay off.

  • Reply
    @user-ze7nw9ud7m July 5, 2024

    If you are not in a public company, you do not need them. If you are a manager in a public company, you need someone to blame. That's ho collective ownership works.

  • Reply
    @divusartemis2045 July 5, 2024

    I think I would kill myself before i'd work as a consultant. Fake ass job.

  • Reply
    @smugmode July 5, 2024

    "Are you making these up?" dude, your face

  • Reply
    @VPCh. July 5, 2024

    I've done some work in consulting in geology. There are two main types of types of work that they do.
    The first makes the most sense, they are specialized people who might be useful for a specific job, but not something that would require them to work there as a full employ. For example, someone might have a PhD and have spent decades studying a very narrow topic. They wouldn't be specialized at most of the work, and their pay for that level of specialization would be too high to justify keeping on staff the full time; so they would work as a consultant move around helping different companies with their area of research.
    The less positive type of work is that they get paid huge amounts of money take responsibility for things that they really shouldn't. They can come in and inspect a bridge for a few days for hundreds of thousands or even millions of dollars, then if it collapses, the company has someone to pin the blame on. Or if a CEO wants to lay off a lot of staff, they pay a consultant to come in and tell them to fire them, to shift the anger and blame to the consulting company. Or if there is a mining company that isn't sure if their deposit is economic, they can pay a consultant to deliver a pretty letter saying it is awesome to the investors, then take the hit when it isn't.

  • Reply
    @mbdeuceduece4451 July 5, 2024

    😂😂😂😂 that “God, what?” Threw me 2:55

  • Reply
    @a_skellington July 5, 2024

    Consultant? Well, now, let me see. You know, I don't have any idea what that means… I know what you think it means, sonny. To me, it's just a made up word, a politician's word, so that young fellas like yourself can wear a suit and a tie and have a job. Consultant?

    It's just a bullshit word.

    So you go on and stamp your form, sonny, and stop wasting my time.

    Because to tell you the truth, I don't give a shit.

  • Reply
    @planetofthegapes July 5, 2024

    Management consultants just sounds like "we hired more managers to fix the problems the regular managers couldn't"

  • Reply
    @planetofthegapes July 5, 2024

    The feet censorship caught me completely off guard lmao

  • Reply
    @YodaSkywalker July 5, 2024

    its basically like you (or me) searching Google or quora for validation on the thing we are doing or wanna do so even if it doesn't work out we have an internal scapegoat in our mind who actually doesn't take responsibility for anything we did but we can still blame it on em

  • Reply
    @balcersaurus July 5, 2024

    A consultant works with many business to provide a perspective that a person who only works with/at one company may not have.
    Dont end a sentence with “actually”. – free consulting

  • Reply
    @drewrobertwinter7648 July 5, 2024

    Sad they didn’t include a clip of Johnson from Peep Show, who made basically the same point.

  • Reply
    @deepthinker851 July 5, 2024

    Its Big 3.

  • Reply
    @freshnorthwest6756 July 5, 2024

    a quarter zip with the collar up = douche

  • Reply
    @gutfriedvonguttenberg5614 July 5, 2024

    talk politicians (and executives of companies) into certain laws and foundings with the nice concession that they could work for you in the future if "they" pay for their services
    or mckinsey is a nice example: consult a government when drafting tax laws and then consult businesses on how to avoid paying these taxes

  • Reply
    @victorledezma5912 July 5, 2024

    hahahahahaha another great video. Hilarious 😂

  • Reply
    @chikeo5218 July 5, 2024

    Smart guys at MCK, yeah Jumbo Shrimp.

  • Reply
    @andhw9187 July 5, 2024

    Love this video

  • Reply
    @MoustacheTales-vy2xc July 5, 2024

    What does an appointment setter actually do?

  • Reply
    @NotAlegre July 5, 2024

    I just saw a video on how to become a consultant with no job experience

  • Reply
    @user-jl8mp6lg4i July 5, 2024

    Bryin

  • Reply
    @kiyankurji67 July 5, 2024

    As a consultant I can say I copy and paste numbers into excel for half the day and stare at my screen and pretend to do work for the rest of the day

  • Reply
    @jjeverson2269 July 5, 2024

    They do nothing

  • Reply
    @rahulraveendran July 5, 2024

    His name is Dan Toomey..
    I’m a Urologist and we use a Toomey syringe to irrigate the urinary bladder 😅
    (Not that it matter here)..
    Okay, I’ll show myself out..

  • Reply
    @airtale8725 July 5, 2024

    Fun fact: McKinsey constultants are actually ubertrash at their job as they give trash advices and solely survive on "prestige" propaganda and nepotism.

  • Reply
    @Johnson-jc1bf July 5, 2024

    Consultants summarized: “You need to cut costs and increase revenue.” *Proceeds to leave office to go to a rave. Jolly well done job👍

  • Reply
    @diggleda2952 July 5, 2024

    The whole thing is a sham except where the consultants have specific industry experience first

  • Reply
    @kapetannemo July 5, 2024

    1.58…."JESUS ​​CHRIST!! "
    Ha ha ha ha ha!!
    THE KING!

  • Reply
    @charlziedouglas-mo7uc July 5, 2024

    This is funny 😂

  • Reply
    @armastus1474 July 5, 2024

    Consulting is a complete BS job. Yes, it is! It's just someone who makes crap up and speaks with confidence and we throw tons of money at them. Most business positions are overpaid BS roles. If this offends you, it's probably cause you know how much BS your role is and to insecure to admit to it.

  • Reply
    @WilliamCrombie July 5, 2024

    bUt CaPiTaLiSm Is AlL aBoUt EfFiCiEnCy

  • Reply
    @do.re.mi.2713 July 5, 2024

    saw the pete davidson 3:50

  • Reply
    @vaporwavechills July 5, 2024

    … we go to meetings and organize meetings. Awesome.

  • Reply
    @rezzob July 5, 2024

    If there is one sector that ChatGpT could replace tomorrow, is “consultants”. They are basically money laundering systems for government. You tell them what do you want to waste money o and they put a pretty powerpoint for the stupid public.

  • Reply
    @sluglife9785 July 5, 2024

    This comments section is even more enlightening than the video.

  • Reply
    @southlondon86 July 5, 2024

    Sir you look like the actor from the Conjuring. Well a little bit.

  • Reply
    @elizabethyow1165 July 5, 2024

    Last Week Tonight with John Oliver did a great video about McKinsey and private equity, great follow up to this video! 🙂

  • Reply
    @knowledgeisablessing8767 July 5, 2024

    Consultants help you when you can't see a clear way forward because you're out of ideas or too close to the problem. It's like going to the doctor's when your home remedies aren't working to make you better this time.

  • Reply
    @woalasteele July 5, 2024

    A little bias, but I will say, the idea that 22-24 kids are telling people their expertise is finite is bs. Entry level positions work for a varying level of managers who will check your work (you are mainly working to prepare for the projects that they are leading) you will prepare for the team bottom line. If you get more competent, you will be given the opportunity to lead meetings, but it is earned. No sane firm with a large contractual document would ever trust putting a fresh college hire in charge oh a process or WS. The client and/or subcontractor would not take that seriously at all 😂

  • Reply
    @anticlaassic July 5, 2024

    „15 Million“

    „GOD WHAT?!“

  • Reply
    @TheLadyEEffect July 5, 2024

    As a CEO & consultant, this is quite interesting & comical.

  • Reply
    @lydiayuna9155 July 5, 2024

    consultant = useless

  • Reply
    @crisodaking July 5, 2024

    “Man with an earring” 🤣🤣🤣

  • Reply
    @davehasenford3985 July 5, 2024

    My ex brother in law’s dream was to work for McKinsey

  • Reply
    @KejsiDushku986 July 5, 2024

    Thanks bud for financially keeping us updated on how bad it gets on the economy! But I can smile back at my $45,500 weekly profit..

  • Reply
    @zhangyuandyou July 5, 2024

    Lol! It is the same thing for the higher management at the banks. They basically get paid for bs-ing all day.

  • Reply
    @shrineguard2778 July 5, 2024

    Lmao the Slytherin logo for Princeton was awesome

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