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Management consultancy under the spotlight

RSA Conversations

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The Purpose of a Management Consultant

Michael Wolraich: There probably is a purpose in the world for management consultants. He says some people at McKinsey, especially criticizes it because it's "just picking all the bad things" But there have been instances where McKinsey's advice actually did help a company,. he writes. The act of hiring McKinsey is seen as a kind of status symbol and makes cheap execs feel more self-important - Wolraich.

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