I find it highly oxymoronic (with the emphasis on mo--nic) that we have these departments that take their work so seriously, use unbelievable amounts of academic rigor to try and solve problems and come from the highest caliber business schools and academic institutions while we see stock prices in free fall and continuous service area exits and RIFs. Maybe things need to be simplified, not iterated with more rigor and wonderfully polished vocabulary in presentations. This place is full of contradictions.
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Read the book When McKinsey Comes to Town- Bye Felicia Norwood is specifically called out. Execs hire McKinsey with Ivy league consultants, Consultants recommend the Exec for board positions, Consultants get a bunch of billable hours; it is about promoting themselves to partner and profiting, not necessarily fixing anything at the company. You are defining success as them fixing things and leaving things better than when they started. If you are an unethical, carpet bagger and want to line your pockets, then you would view it as a success.
Yep in my area they spent all this time rolling out new programs to save money only to roll it back a year later because they ended up losing money. I guess all the academic rigor was pointless. I get whiplash with as many things they roll out only to take back later.
If I see a Ivy League education on a resume. Trash. They are not what they used to be.
A polished tu-d is still a tu-d.