Word: mckinseys
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...plasters the campus with posters for career introductory meetings, and seniors head to Neiman Marcus for their all-important interview suits, the exotic tang of real-world jobs has begun to flavor the air around Harvard’s ivory towers. Students debate whether to take the McKinsey offer, or head to law school—but one career option seems to be significantly underappreciated by job seekers and OCS alike: secretarial work...
Sources: FEMA, N.Y.P.D., F.D.N.Y., Port Authority of New York and New Jersey, McKinsey & Co., Office of the Chief Medical Examiner, Justice Department, FBI, New York Times, USA Today, Atlantic Monthly
...result: business travelers, who make up just 10% to 15% of all passengers, accounted for only 23% of total airline revenues in 2001, down from 35% in 1999, according to a McKinsey & Co. report. At the same time, total domestic passenger traffic has been falling at an annualized rate of 7%, after growing 4% annually for the previous decade. "Four-figure business fares are like heroin to the airlines. They're addicted to them, but they're bad for their health," says Richard Aboulafia, an analyst for the Teal Group, an aerospace and defense consulting firm in Fairfax...
...graduates than they did last year. But those employment gains are offset by other sectors like the consulting industry, which is predicting it will hire 90% fewer college graduates this year. "We're now recruiting at more normal levels after a period of unusual growth," says a spokesman at McKinsey...
...Gray, the two ex-Secretaries of the Treasury (Summers, as president, is on the Corporation ex officio), lawyer Conrad K. Harper (the only black member), new Senior Fellow James R. Houghton ’58 (also presumably not far from retirement), and Treasurer D. Ronald Daniel (who formerly ran McKinsey and Co.). “We’ll probably be looking at what void there is on the Corporation, whether we need a scientist or an academician,” Stone said in The Crimson. Well, it’s about time...