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[-] DistrictSIX@lemmy.zip 1 points 6 months ago
[-] FreakinSteve@lemmy.world 1 points 6 months ago

I thought CEOs commanded wildly exorbitant salaries because they were super smart and made all the decisions. Why would a consulting firm exist?

[-] LovableSidekick@lemmy.world 1 points 6 months ago* (last edited 6 months ago)

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!

[-] ilinamorato@lemmy.world 1 points 6 months ago

On the other hand, they're grifting Zaslav, who is possibly the worst person in show business, so...maybe let them cook.

[-] SaharaMaleikuhm@feddit.org 1 points 6 months ago

And if you are wondering why the German military is being made fun of so much: it's McKinsey again. But no worries, we took care if it. The minister of defense in charge back then is long gone. Cause she is the president of the European Commission now. Multiple of her children have worked for McKinsey in the past. What a coincidence!

[-] ninjabard@lemmy.world 0 points 6 months ago

So, this bastard and Zaslav are the reason I can't watch older seasons of Expeditions Unknown on HBOMax. Fuck 'em both.

[-] architectonas@lemmy.world 0 points 6 months ago

Why are consulting companies so successful? Is it all connections? Their role in appeasing investors by external intervention and change (no matter how useful)?

[-] Death_Equity@lemmy.world 1 points 6 months ago

It is all connections and a box checking for the board and/or CEO.

The CEO can deflect bad outcomes on the consulting company for suggesting doing what the CEO had in mind to do, but didn't have the board's approval.

Corporate consulting is such a giant fucking grift and they are responsible for the enshitification of so much.

Why are there no employees to help you on the sales floor or at the register? The CEO wanted to hit a performance metric to maximize their bonus and brought in a consulting company to advise. The consulting company looked for low-hanging fruit, which is cutting costs in the form of payroll. The CEO dips when there is no meat left on the bone. The next CEO hires a consulting company to maximize the bonus and then you get fake sales to mask a following price increase. CEO dips and the next CEO's consultants gives the consumer a rewards program to harvest data to sell and drive sales through psychological manipulation(See Kohl's cash).

Corporate consultants are horrible people with business degrees looking to harvest marrow from a stripped corpse.

[-] GenosseFlosse@feddit.org 0 points 6 months ago

Consulting companies are just esoteric quacks but for businesses.

[-] EndOfLine@lemmy.world 0 points 6 months ago

I think it was Last Week Tonight that covered Mckinsey's consultation history and, shocker, they almost always recommend increases to executive compensation.

[-] NigelFrobisher@aussie.zone 0 points 6 months ago

All consulting is like this. It’s a way to offload blame for your decisions by not making any in-house.

[-] Microw@piefed.zip 0 points 6 months ago

Their new company split is not splitting Warner Brothers from Discovery though. They are splitting the company in a different way.

[-] meyotch@slrpnk.net 1 points 6 months ago

For your added nuance and insight, submit an invoice for a couple hundred K. Seems about right for a full minute of work.

[-] iAvicenna@lemmy.world 0 points 6 months ago* (last edited 6 months ago)

Business consultations always look like such huge grifts. Here is the reason why they are so expensive though: many times startups and companies that take consultation fail and declare bankruptcy and don't pay the consultancy fees they were supposed to pay. So they charge others extra to (over) compensate. I wonder how they justify their existence, probably by coming up with some made up statistics about how they make many companies more successful. I am pretty sure they are also behind AI enshittification by suggesting companies to jump on the band wagon.

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[-] webghost0101@sopuli.xyz 0 points 6 months ago* (last edited 6 months ago)

I don't know who this person is but something tells me he is the son of a wealthy family who has connections to all of those brands.

How far off am i?

That job does not sound like a real job, it sounds like a job title that is a thinly veiled excuse to arrange perpetual exclusive socialism for the rich.

Thank you for reading my analysis, the bill, regardless wether i am correct is about 69.420mil

[-] Brunbrun6766@lemmy.world 1 points 6 months ago

McKinsey is a company not a person

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[-] frezik@lemmy.blahaj.zone 0 points 6 months ago

It's not the conclusions that are important. It's how snazzy the PowerPoint presentation is. If you pay them more, there will even be bar charts.

[-] Duamerthrax@lemmy.world 0 points 6 months ago

I wish I could be paid that much to be wrong all the time.

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this post was submitted on 26 Jun 2025
290 points (100.0% liked)

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