John Oliver just dropped a video on McKinsey

Link https://www.youtube.com/watch?v=AiOUojVd6xQ

The consultants are for the following reasons : 1) The management wants to take a certain decision regarding a situation. 2) Consultants come and validate this decision basis fancy ppts and ‘expert interviews’. 3) Board of the company / investors agree and give the go ahead to the management basis their presentation. 4) (I) positive outcome - management triumph, management gets bonuses. (II) negative outcome - McK/bcg/Bain suggested it, we went by their advice. 5) McK/BCG/Bain to board : Macro environment changed, give us another multimillion dollar project to arrive at solution. 6) Board : Yes ✅, also audit karo ye management ka. (Enter audit firm like Grant Thornton) 🤭🤭🤭

Man I finished the episode, I interviewed with McKinsey few years ago and kept wondering why TF their office had no signs! John Oliver is brilliant

Re: purdue Pharma- watch the tv show Dopesick. Master class on how management can grow delusional and go from good to evil because of corporate greed.

Interesting Can’t wait to watch this

I don't know why MBB gets targeted as these big consulting giants when Deloitte is bigger than all 3 combined......

There is a book called When McKinsey Comes To Town by Michael Forsyth and Walt Bogdanich. It’s a very interesting read into how these consulting firms work and the kind of influence McKinsey has. Truly impressive and concerning!

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