How McKinsey Destroyed the Middle Class

Fri, 14 Feb 2020 06:10:45 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.theatlantic.com/ideas/archive/2020/02/how-mckinsey-destroyed-middle-class/605878/>

"Running a company on a concentrated model requires a cadre of managers
who possess the capacity and taste to work with the intensity demanded
of top executives today. At the same time, corporate reorganizations
have deprived companies of an internal supply of managerial workers.
When restructurings eradicated workplace training and purged the middle
rungs of the corporate ladder, they also forced companies to look beyond
their walls for managerial talent—to elite colleges, business schools,
and (of course) to management-consulting firms. That is to say: The
administrative techniques that management consultants invented created a
huge demand for precisely the services that the consultants supply."

Via Dewayne Hendricks and Dave Farber.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

Comment via email

Home E-Mail Sponsors Index Search About Us