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olsonjeffery

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olsonjeffery
·5 anni fa·discuss
"We can never criticize something unless we can contemplate the totality of it" isn't constructive or helpful and has (from my interpretation) the net effect of stating the the status quo is fine. Is that what you're contending?

Firms like McKinsey, for reasons of trade secrets, confidentiality wrt their client book, discretion because of the nature of their work, etc don't have data available about the completeness of their outcomes. In fact, their white papers focus exclusively on successes. What about instances where their contribution has a not-zero impact (we could even include and offset the cost of their consultations against the total impact of advise offered, assuming it's followed)? Do you have a proposal for how to conduct such an analysis?

Furthermore, I would offer that much of the nature of their impacts isn't something we can know with mathematical precision and exists in the realms of the social sciences (a broad domain known to have major skew problems when measurements are taken, if at all).

So we are left with optics and moral/ethical assessments of the work they have done. Taking this into account, I am content with this approach and the conclusions I have arrived at.
olsonjeffery
·5 anni fa·discuss
To be clear: Is your assertion that, because these outcomes aren't a deliberate conspiracy, we have to let them happen because of... what, exactly? Whether it's an emergent feature of this style of consulting or a firm consisting of the worst human beings is besides the point.

Elite management consulting firms (McKinsey, Deloitte, Bain, etc) exist to enable the worst impulses of leadership across the spectrum. The ends certainly justify scrutinizing the means.
olsonjeffery
·5 anni fa·discuss
I'm fine stating that engineers from non-elite schools are just as well equipped for the tasks you describe, but that wasn't the GP's contention. The point is that McKinsey make bad recommendations that have demonstrably bad outcomes.

Their fingerprints are all over numerous bad decisions in business and government in the past few decades[0]. These are the bare minimum, because there are quite likely many negative outcomes they have championed in their role as consultants that were never publicized or reported on.

Totally separate from the above is their absolutely mercenary tendency to work with anyone who will pay them[1][2].

[0] - https://en.wikipedia.org/wiki/McKinsey_%26_Company#Controver... [1] - https://www.nytimes.com/2018/12/15/world/asia/mckinsey-china... [2] - https://www.newyorker.com/news/news-desk/mckinseys-work-for-...