When Chipotle got a new CEO (Brian Niccol, who has since become the Starbucks CEO) a few years back, they were headquartered in Denver. But the CEO lived in Newport Beach. So they brought in a consulting management firm to examine where the best place in the country was for them to have their corporate headquarters.

After weeks of analysis - surprise, surprise - they determined that the best place they could possibly have a corporate headquarters was in Newport Beach, where the CEO lived.

So they fired most of their corporate workers and moved the office to be closer to the CEOs house.

McKinsey:

For when you have no fucking clue how to do your job, and want authoritative, plausible deniability about that.

Other times they just need to pay people to give them excuses to lay off people. McKinsey’s always available for that.

What would you say... you do here?

Sounds like a job that would be easy to replace with ChatGPT.

Our company paid a consulting firm 100k to deliver the same message our internal had been saying for 5 years.

Oh yes. The board member used to work for that consultancy.

Don’t forget that they also leverage institutional assets to extract value using best practices!

One of my favorite channels. I liked learning new stuff. Factual stuff. Not conspiracy theories disguised as history.

"I can't produce anything, so I'll take money away from other people doing business" ~consultants

"Certainly Sir! Money well spent!"

You have to understand why they are employed though - somebody stands to gain from doing some thing, so the way they get to justify doing that thing is to hire these people, so they come in, deliver a report that says the thing is the best thing to do with graphs that go up, and it happens, McKinsey gets paid, the beneficiary gets what they want and life goes on.

Lean leader certified

I had a friend who did consulting right out of college. Half the time he said it was his job to suggest layoffs so the people in charge could pretend it wasn't their idea.

A lot of high paying decision making jobs could be done much better if they were actually given to people based on their talents and not who they know or are related to.

The hardest part about the job is getting it

Yes, he is. It explains a lot.

Mckinsey is a company with over 45,000 employees.

You aint wrong, McKinsey is the ultimate job farm for mid grade nepo babies and/or elite school graduates.

For example, Ursula von der Leyen hired McKinsey for German Army re-org...

then both of her children got plush jobs at the firm, her daughters 3 years there then leveraged into elite degree a Stanford

https://fsi.stanford.edu/people/johanna-von-der-leyen

Johanna joins the Ford Dorsey Master’s in International Policy from McKinsey’s Sustainability Practice. During her 3.5 years at the management consultancy, she advised private sector clients from various industries on sustainability strategies and developed reports on climate risk with the McKinsey Global Institute. During her parental leave from McKinsey, she received a Master of Philosophy in Environmental Policy from the University of Cambridge (UK). She also holds a bachelor’s degree in Politics and Economics from the University of Münster. At Stanford, Johanna hopes to deepen her knowledge in integrating environmental policies into the dynamics of international policymaking. Her academic interests also include nature- and climate-related risk assessment and adaptation, and particularly the role of nature-based solutions. Johanna is an outdoor enthusiast, a passionate dressage rider who participated in competitions on the highest national level in Germany, and she enjoys running and gardening in her spare time.

There is a club, and most people see it before their eyes and still somehow manage to not see it for it is.

Just work harder!