I just listened to a podcast about the rise & fall of Enron. Shortly after the company started, they consulted with McKinsey &Co and then hired their consultant into the company who was later convicted for the tangled web of lies, deceit, and fraud the company thrived in and which ruined them.
Didn’t PP reach out to that very company for strategic advice? AND hire on several of them?
I know there has been references in this site to how bad our relationship with McKinsey is, but I never knew why. And, there’s been references to the downfall of this company being used as lessons in business classes, but I thought that was a tad dramatic.
But, now that my eyes are fully open… I think my kids will someday be listening to podcasts about the Rise & Fall of Edward Jones that will sound eerily similar to the one I just heard.