London Daily
Focus on the big picture.

LONDON DAILY ARCHIVE

Wanted: Mckinsey but for helping companies undo/reverse whatever Mckinsey recommended over the past thirty years

Geoff Lewis (Bedrock, a technology investment firm) twitted... wanted: Mckinsey but for helping companies undo/reverse whatever Mckinsey recommended over the past thirty years. will fund.

25 May 2020 · 23:41 UTC


wanted: mckinsey but for helping companies undo/reverse whatever mckinsey recommended over the past thirty years. will fund.

— Geoff Lewis (@justGLew) May 25, 2020

 

McKinsey now offers this service. Here's a picture from their newest pitch deck: pic.twitter.com/x1bHHKx4Zm

— CJ Wheelock (@CJ_Wheelock) May 25, 2020


“McKinsey told AT&T that cellphones would be a niche market in the year 2000 with only 900,000 subscribers. The firm’s estimations were off by 108 million.” - NYT

— Sunil 🛸👀🧢 (@sunil_hebbar) May 25, 2020


How about a fund that initiates short positions when a company starts a new McKinsey engagement.

— Steven Rhodes (@steveRx) May 25, 2020


One time a McKinsey consultant downloaded my brain and sold it to my ceo for more than I’d made in my entire career.

Who’s laughing now, Jill!? Just tanked all your clients with my ingenious idea.

— Steven Rhodes (@steveRx) May 25, 2020


I have read about companies that had to declare bankruptcy, one-two years after implementing everything Mckinsey suggested. McKinsey is what you call "No skin in the game" - people without actual entrepreneurship experience advising entrepreneurs. Funny stuff.

— Shravan Venkataraman (@theBuoyantMan) May 25, 2020


pic.twitter.com/9KwugYjoTl

— lynn boyden (she/her) (@lrb23) May 25, 2020


McKinsey told Xerox to focus on its core business and ignore the “cute” things emerging from PARC. Said there will never be a personal PC market.

— jrgoldman (@jrgoldman) May 25, 2020


One should be careful to take advice about digitalization from an advisor that use Lotus Notes... in 2020

— Magnus Svantegård (@magnus_s) May 25, 2020


LG - took McKinsey’s advice that “smartphones are never going to become a thing” when Apple first released the iPhone.

— Korean Roommate (@koreanroommate) May 25, 2020

 

Most of the “strategic plans” are still sitting on shelves anyways.

— Barrett Brooks (@BarrettABrooks) May 25, 2020


pic.twitter.com/MU659QZxbO

— Mike (@NonGaap) May 25, 2020


hey @justGLew, what if McKinsey bids for this project too? Their org is split among 3 groups - Do, Undo and Redo :)

— Sachin Piplani (@SachinPiplani) May 25, 2020