> Jeffry wrote: > One might argue that the 3 companies do not mimic the business world, > which is comprised of significantly more than 3 companies.
Well, you don't hear about these consultants because companies that hire them usually don't want you or The Street to know. And these consultants usually leave their firms to Fortune 500 strategy groups or executive management (as well as VCs, PEGs, lobby groups, or start businesses). So, at that level, the business world does work like that. (Only a small percentage make partner or want it). And these consultancies touch many businesses. As an example, if you use a Dell then you've been touched by Bain. Bain was hired to determine the strategy of Dell from the beginning and the current CEO is a former Bain partner that was hired away by Mr. Dell (which is really common). (A funnier example is WalMart. The recent memo suggesting WalMart get rid of fat people to lower medical costs was a recommendation memo from a McKinsey partner! Oops. Jeff Skilling of Enron fame was also a former McKinsey partner. And McKinsey did the consulting for United, Sabena, and SwissAir all of whom promptly went bankrupt. But, for some reason, they're still #1) The point being that this culture exists at just about any Fortune 500 company, but at the strategy and executive level. The hiring practices for those groups are very similar to The Apprentice except on The Apprentice Mr Trump runs the cases himself whereas in the business world that work is outsourced to consultancies. > I wouldn't want to work for a company that used this type of approach to > projects, It's *definitely* not for everyone, but there are plenty of rewards. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Get the mailserver that powers this list at http://www.houseoffusion.com/banners/view.cfm?bannerid=17 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:185650 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
