Word: mckinseys
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Mitt Romney told the Wall Street Journal last week that if he is elected President, he will "probably" hire McKinsey, the management-consulting firm, to tell him how to reorganize the government. "I'm not kidding," he said, tactfully adding that it might be another management-consulting firm such as Bain (where Romney worked for years and where he got rich) or the Boston Consulting Group. Or he just might call on Jack Welch, who retired years back as CEO of General Electric but has yet to be replaced in the Lee Iacocca Chair as America's semiofficial Business...
...myth of the management consultant in general and McKinsey in particular has never been stronger. McKinsey consultants are restructuring the educational system of Israel, advising insurers on dealing with Hurricane Katrina, comparing the performance of Indian and American companies, reforming the North Carolina Department of Transportation. Even Time Inc. is a client. And a 36-year-old former McKinsey consultant, Bobby Jindal, has just been elected Governor of Louisiana...
...program teach in low-income schools for two years in an attempt to close the achievement gap of American education. This year, Harvard applications to TFA have increased 100 percent, more than twice the national increase. To encourage participation in TFA, prestigious firms like JP Morgan and McKinsey and Company now allow graduates to defer job offers for two years in order to teach with TFA. But few follow through with their business aspirations. “It’s a very small portion of our actual alumni who are in business, around four percent,” says...
...join the E.U. later this year, and Sikora is hopeful that accession will boost growth. Poland's lower labor costs give it a competitive edge, and it continues to enjoy some foreign direct investment, although the amount has dropped off in the past few years. A recent McKinsey report suggests that Poland is well placed to create as many as 500,000 jobs over the next five years by becoming a new center for outsourced services for European companies. Already Lufthansa and GE, among others, have moved some back-office operations to Poland...
...villain of the piece is Spacey, as a Scrooge type, sent from McKinsey-like headquarters, whose job is to impose stricter rules on all benefactors of children. (The Tooth Fairy has been told she can put money under kids' pillow only after the first tooth.) Conversion is the fate of every marplot in a movie like this. So Spacey, who played Lex Luthor in last year's Superman Returns, gets a Superman cape for Christmas. In-jokes and cross-marketing (the same company, Warner Bros., released both Fred Claus and Superman Returns) are about as sophisticated as this movie gets...