Management consulting could have negative effects on business / innovation / wages
By Hicbd
Fri Aug 13 2021 11:45 am
"Fifty years of management consulting has created a huge industry of analysts, consultants and experts. But companies haven’t actually gotten any healthier... I think the real villain is the concept of 'Maximize shareholder value on a quarter by quarter basis' and i think the evil assistant is probably private equity (which drives orgs to forsake long term investments in favor of doubling down on 'now'). And, then throw in unbelievable executive compensation formulas that front loads options and equity."
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