Specialist
experience
No client wants to waste time familiarizing a consultant
with the issues faced by a particular sector. Thus, when it comes to hiring
consultants, clients consistently rate the consultants' understanding of a
sector or other specialist know-how far higher than factors such as an existing
relationship, the geographical coverage of a firm, the size of a firm, and even
price. The best consultants, they believe, bring a wealth of experience of
issues they, as clients, may only encounter occasionally. According to one
client: ‘The days are gone when a consultant borrows the client's watch to tell
him the time.'