[rocqua]

I think a big worry for any C-levels is "what if my employees are wrong". And there is good reason to hedge against this, because insiders have clear interests in defending past mistakes.

And if you hired your people yourself, you probably know you skipped over some qualified people who were to expensive, and weeded out some overconfident people who turned out not to be all that. In the end, you wonder what those expensive smart people would have said, and you wonder if your confident sounding employees are just overconfident incapables that you failed to weed out.

Hence, getting an outside perspective from someone you trust has a lot of attraction. However, getting that outsider person to be knowledgeable enough, and getting them the right information, is a tough task.

[6510]

When I was 17 I worked [production] in a sofa factory that made huge profit. They hired every highly specialized consultant available. I asked one of the consultants and some office folk for an explanation (I was paid 3 guilders or so per hours ($1.5)) To my surprise both the consultant and the office folk thought it was a fascinating question and explained elaborately how [to them] it was worth every penny to have written proof for every business process. Investors could point at anything and get a pile of reports explaining exactly why the chosen method was the right one.

(When I left they continued to pay me for months. It struck me just now that cheap employees probably looked great on paper.)

[heavenlyblue]

Which question?

[6510]

Why they paid me roughly 1.5 USD and the consultants several thousands per hour.

My bad, I originally wrote " They hired every highly specialized consultant available for .... guilders each" but I only hear the price of one and I failed to remember if it was 5000 or 20 000 for a 2 hour chat.