Steve Jobs on Consulting

Summary

Key Points

• —Consultants may have many 'pictures' of different industries but haven't truly 'tasted' or experienced them. 0:03
• —Most attendees have prior work experience, with some coming from manufacturing and others from consulting. 0:04
• —The speaker believes that consulting, while not inherently evil, limits learning by not requiring ownership of recommendations. 0:24
• —True learning and development come from taking responsibility for recommendations over several years. 0:41
• —Implementing recommendations and accumulating 'scar tissue' from mistakes is crucial for growth. 0:47
• —Without hands-on experience and ownership, consultants only gain a fraction of the learning opportunity. 1:15
• —Consulting provides a broad overview of companies but lacks depth, akin to a two-dimensional picture. 1:21
• —The experience of 'doing' is necessary to gain a three-dimensional understanding, not just theoretical knowledge. 1:41
• —Consultants can be viewed as variable expenses, particularly vulnerable during difficult economic times. 2:07