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.
this post was submitted on 26 Jun 2025
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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.
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.
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I think it was Last Week Tonight that covered Mckinsey's consultation history and, shocker, they almost always recommend increases to executive compensation.
Insane how quickly the HBO brand went from penthouse to basement.
Their new company split is not splitting Warner Brothers from Discovery though. They are splitting the company in a different way.
For your added nuance and insight, submit an invoice for a couple hundred K. Seems about right for a full minute of work.
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."