Microblog Memes

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

C'mon now...

If they can't charge all that money to be wrong. How can they pay the US government the $722,000,000.00 they owe?

The Justice Department said McKinsey Africa had received credit for cooperating with its investigation and conducting anti-corruption training for employees. The $122,850,000 McKinsey has agreed to fork up includes a penalty it will pay in South Africa.

McKinsey is also in talks with the Justice Department to pay more than $600 million to resolve a separate investigation into the consulting firm's work helping opioid manufacturers boost sales that allegedly contributed to a deadly addiction epidemic, people familiar with the matter have told Reuters.

https://www.reuters.com/world/africa/mckinsey-africa-pay-122-million-south-africa-bribery-scheme-us-justice-dept-says-2024-12-05/

You think Purdue Pharma could have made all those ~~drug addicts~~ customers without McKinsey pushing pills for them?

Won't some think of the Billionaires stock portfolios!

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.

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

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.

A critical part of being a consultant is personally knowing rich people who will pay you millions of dollars for your advice, regardless of what it is. "Giving good advice" is barely relevant.

Insane how quickly the HBO brand went from penthouse to basement.

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

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

To be fair, every single one of those changes was probably done by an intern and approved by a boss that didn't read it, but thought because the intern was young they had the "pulse of what's cool" in their hands. Also, we don't know know if what was done was the actual advice given. That would be a great game though, "guess who came up with that idea."