tag:blogger.com,1999:blog-33693245.post8609368761247419275..comments2024-03-04T23:40:58.133+05:30Comments on The Big Picture: Will McKinsey be around 50 years from now?The Big Picturehttp://www.blogger.com/profile/06018983225756352176noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-33693245.post-14800096355719139552014-09-28T02:58:21.797+05:302014-09-28T02:58:21.797+05:30Haha, quite a dig at Mckinsey I must say!
But ta...Haha, quite a dig at Mckinsey I must say! <br /><br />But talking of the consulting companies in general, none of the competitors are creative enough to push Mckinsey from the position it currently enjoys. If the sector itself gets dissolved altogether it would be a different case.<br /><br />However, the field of consulting in general and Mckinsey in particular has come quite far from what Mr. Bower had envisioned it as - Professional troubleshooters like doctors and lawyers to whatever it has become now!<br /><br />Here is a very interesting editorial exhorting BCG to be much more bold in their vision if they want to lead the space. It reveals a lot about strategy firms too.<br /><br />https://www.firmsconsulting.com/consulting-rankings/boston-consulting-group-bcg-ceo-rich-lesser/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33693245.post-36554367789855198862014-09-24T15:46:57.664+05:302014-09-24T15:46:57.664+05:30Very interesting comments, anonymous. It is intere...Very interesting comments, anonymous. It is interesting that you say at the end that their insights are 'transformative'. If this is true, then company can weigh the potential benefits against costs.<br /><br />TTRT T Ram Mohanhttps://www.blogger.com/profile/06925858642839337950noreply@blogger.comtag:blogger.com,1999:blog-33693245.post-54659924322646735402014-09-24T15:07:40.860+05:302014-09-24T15:07:40.860+05:30Very interesting articles. Let me share my experie...Very interesting articles. Let me share my experience/opinion of working with this firm - <br /><br />1. They are exorbitantly costly<br />2. They tend to give 60,000 feet high view - their recommendations are seldom actionable by itself & quite generic, hackneyed & banal<br />3. They're not grounded (I wanted to be straight in using direct word here but to put mildly I'm using indirect sentence)<br />4. They're extremely good in pitching, powerpoints, presentations, workshops<br />5. They're not pragmatic & don't think holistic<br />6. They're adamant (I won't say firm). They not come as advisor or consultant but they more come like investigators & auditors.<br /><br />Other firms in the same family are much more matured, wise & acceptable - including culture, people, advise & cost.<br /><br />Yes - some of their insights are transformative - but at what cost does one get these insights is a conundrum!!!<br /><br />Those who are thinking of signing them, take a step back & look out for options - there are many options these days, as this industry is also not eluded from competition any more.<br /><br />Sorry to sound cynical.Anonymousnoreply@blogger.com