Business Chief Europe Magazine October 2020 | Page 37

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“ Even while running ‘ core ’ business operations , business leaders might be faced with tough decisions that can have a long-term impact , such as how to price a new product , how to improve the performance of their business model , what organisation structure is best suited to cater to productive employees , or what compensation model to offer employees . Strategy consultants are hired to help in all of these situations .”

Organisations that fall under these categories can benefit from unbiased opinions , adept problem solving and short term results with long lasting impact , and while Haddad highlights that “ sometimes the message that consultants will deliver is not necessarily what the executives want to hear ,” he stresses that at Bain & Company this is what it calls ‘ True North ’. “ It means that we are guided by our unwavering commitment to always do the right thing by our clients , people and communities . We have a deep intellectual honesty , and the candor to tell it like it is

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