Sell consulting services. Doesn't matter if you're right or wrong, what matters is that you're paid.
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Bob, Bob.
Naga-naga-nagonna work here anymore, anyway
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You aint wrong, McKinsey is the ultimate job farm for mid grade nepo babies and/or elite school graduates.
For example, Ursula von der Leyen hired McKinsey for German Army re-org...
then both of her children got plush jobs at the firm, her daughters 3 years there then leveraged into elite degree a Stanford
https://fsi.stanford.edu/people/johanna-von-der-leyen
Johanna joins the Ford Dorsey Master’s in International Policy from McKinsey’s Sustainability Practice. During her 3.5 years at the management consultancy, she advised private sector clients from various industries on sustainability strategies and developed reports on climate risk with the McKinsey Global Institute. During her parental leave from McKinsey, she received a Master of Philosophy in Environmental Policy from the University of Cambridge (UK). She also holds a bachelor’s degree in Politics and Economics from the University of Münster. At Stanford, Johanna hopes to deepen her knowledge in integrating environmental policies into the dynamics of international policymaking. Her academic interests also include nature- and climate-related risk assessment and adaptation, and particularly the role of nature-based solutions. Johanna is an outdoor enthusiast, a passionate dressage rider who participated in competitions on the highest national level in Germany, and she enjoys running and gardening in her spare time.
There is a club, and most people see it before their eyes and still somehow manage to not see it for it is.
Just work harder!
Wait, she went on parental leave from her job, as in having a newborn baby, and used that time to get a master’s degree? Either the baby didn’t spend much time with mom or the degree is a joke, because I have a really hard time imagining having the energy to work on a serious master’s degree in a year or less while taking care of an infant!
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Can I talk to you offline?
Then I apply an herb-mint facial mask, which I leave on for 10 minutes while I prepare the rest of my routine. I always use an aftershave lotion with little or no alcohol, because alcohol dries your face out and makes you look older. Then moisturiser, then an anti-ageing eye balm followed by a final moisturising protective lotion.
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On the other hand, they're grifting Zaslav, who is possibly the worst person in show business, so...maybe let them cook.
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Well, consulting is often used because they need an answer to a question. That may be open-ended like:
"What moves should we make to expand our business?"
But other times they just want confirmation:
"Should we merge with Discovery?" (Sure, I guess. Here are some reasons you could. cha-ching)
"Should we split with Discovery?" (Sure, I guess. Here are some reasons you could. cha-ching)
Other times they just need to pay people to give them excuses to lay off people. McKinsey's always available for that.
Sounds like a job that would be easy to replace with ChatGPT.
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Don’t forget that they also leverage institutional assets to extract value using best practices!
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Isn't the google ceo a McKinsey stooge?
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Do this, do that, now go back the way you started. That'll be $155 million. Be sure to smash that Like button and don't forget to Subscribe!
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Isn't the google ceo a McKinsey stooge?
Yes, he is. It explains a lot.
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"What's your advice?"
"My advice is to not take my advice. That'll be 63 million dollars, please."
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They’re expensive because they’re cover for the executives to make a move. The executives can shield liability and justify any change by saying they did it in consultation with a big firm. It’s virtually impossible to pierce that with a lawsuit.
Worked at a company that would give money to McKinsey frequently for decisions. When the decisions went well, they would pay themselves on the back for their insight and leadership. When they went wrong, well they just got bad into from the consultancy.. not their fault
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Isn't the google ceo a McKinsey stooge?
I don't care if you're wrong, I will propagate it anyway.
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Well, consulting is often used because they need an answer to a question. That may be open-ended like:
"What moves should we make to expand our business?"
But other times they just want confirmation:
"Should we merge with Discovery?" (Sure, I guess. Here are some reasons you could. cha-ching)
"Should we split with Discovery?" (Sure, I guess. Here are some reasons you could. cha-ching)
Other times they just need to pay people to give them excuses to lay off people. McKinsey's always available for that.
How should we defend Athens?
Consultancy says "A wooden wall will save Athens"
We've been doing this forever...
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So, this bastard and Zaslav are the reason I can't watch older seasons of Expeditions Unknown on HBOMax. Fuck 'em both.
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Consulting services are vital because they improving corporate synergy by utilizing market solutions and relocating potential where it is needed most.
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"What's your advice?"
"My advice is to not take my advice. That'll be 63 million dollars, please."
"Certainly Sir! Money well spent!"
You have to understand why they are employed though - somebody stands to gain from doing some thing, so the way they get to justify doing that thing is to hire these people, so they come in, deliver a report that says the thing is the best thing to do with graphs that go up, and it happens, McKinsey gets paid, the beneficiary gets what they want and life goes on.
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Why are consulting companies so successful? Is it all connections? Their role in appeasing investors by external intervention and change (no matter how useful)?
Consulting companies are just esoteric quacks but for businesses.
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I wish I could be paid that much to be wrong all the time.
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When Chipotle got a new CEO (Brian Niccol, who has since become the Starbucks CEO) a few years back, they were headquartered in Denver. But the CEO lived in Newport Beach. So they brought in a consulting management firm to examine where the best place in the country was for them to have their corporate headquarters.
After weeks of analysis - surprise, surprise - they determined that the best place they could possibly have a corporate headquarters was in Newport Beach, where the CEO lived.
So they fired most of their corporate workers and moved the office to be closer to the CEOs house.
I have experienced this where I work. There is a consulting company that gets rolled out to make packets full of "data", graphs, summaries, and surveys that always manages to support the unpopular thing the boss wants.
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I thought CEOs commanded wildly exorbitant salaries because they were super smart and made all the decisions. Why would a consulting firm exist?
