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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business

For the contracts that remain, and also consulting contracts that are typically of shorter duration, there should be an explicit target return on investment, and the contractor should bear some financial risk for achieving that return. These actions certainly save money, but typically less than 5% of their total expense base.

System 30
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The One Type of Leader Who Can Turn Around a Failing School

Harvard Business

By background they are normally Information Technology or Chemistry teachers (95% in our study), who have often moved out of the classroom to manage support staff early in their career. In some cases it took schools four years to recover from these changes, with up to $2 million paid to consultants to help clear up the mess.