Oh. you need proof?
https://www.intel.com/content/www/us/en/newsroom/biographies/biography-safroadu-saf-yeboah-amankwah.html#gs.944dv0
Book: When McKinsey Comes to Town: The Hidden Influence of the World's Most Powerful Consulting Firm.
https://a.co/d/aZGD9pm
Bain and McKinsey are evil sc-m that have single handedly ruined corporate america.
McKinsey & Company, Bain & Company, Boston Consulting Group, Oliver Wyman, A.T. Kearney, Goldman Sachs ect. They are all the same sc-m. Snakes in the grass.
@1kvi These companies are "in front", not "behind". They are paid by the company and echo out CEO's ideas as if they were some neutral, objective, logical decisions. They go through the motions and give a recommendation, say, hang the grandma. So the CEO comes out, crying a river, and "reluctantly" hangs the grandma. The consultants go away with money in the pocket and the CEO did what he has to do in the first place, but looks better.
Wasn't Bain & Co. behind BK's disasterous ACT layoffs?
This predates BS hiring Saf, but in any case, Bain and McKinsey, basically all these so-called consultants are parasites.
Mckinsey & company aka middle class destroyer
https://www.theguardian.com/books/2022/oct/31/when-mckinsey-comes-to-town-the-hidden-influence-of-the-worlds-most-powerful-consulting-firm-review
They identify several key ways in which McKinsey has been directly responsible for a corporate culture that works for the benefit of the elite 1% rather than the wider workforce. One occurred in 1950, when a partner at McKinsey, Arch Patton, published comparative details of executive pay, and proposed ways in which chief executives – his clients – could be better rewarded by incentivising their remuneration against profit. His consultancy was soon in enormous demand. In 1950, directors of Fortune 500 companies were paid 20 times that of production workers. In 2021, that differential was 351 times. Late in life, Patton was asked by a reporter how he felt about the impact of his work. He gave a one-word reply: “Guilty.”
Dear "Baffled" We have a guy in leadership who was a senior partner at Mckinsey. That means Mckinsey & company have most likely been consulting with Intel for many years. We will never know how long with their binding NDA's. The Issue is with this is when you invite the rat called Mckinsey into the business you no longer have proprietary secret projects to "Leap Ahead". They get into every main company in a market sector, sometimes pro-bono. That is how the firm digs into a market sector and controls it.
i'm totally baffled why the fact a guy worked at mckinsey has any relevance whatsoever to intel's issues. intel's degredation was spiraling long before this guy showed up. this guy showed up in 2020. intel was in freefall from the stupidity of leadership for about a decade before that and he leads icap. icap is a side show that throws a few bucks around to companies that might help intel in 10 years. complete non issue to intel's current issues.
Using these firms is a sign of having a weak CEO. He needs someone else to take the responsibility.
You asked for highlights and how this is relevant?
“There is a distinct possibility that McKinsey may be the single greatest legitimizer of mass layoffs than anyone, anywhere, at any time in modern history.” - How McKinsey Destroyed the Middle Class
https://nitetoast.substack.com/p/mckinsey-this-is-why-we-cant-have
This is a very vague post. I did some research on McKinsey, (Saf) Yeboah-Amankwah and Eskom in South Africa. The OP is on to something. Is this who we want as executive leadership? How do companies and people like this fit into Pats pious worldview?
Only reason he is on the ELT is because Intel lost Aicha to Zoox and needed a visible DEI Exec replacement. Aicha referred her friend, et voila.
"They can't be running every company into the ground or they wouldn't be the most powerful consulting firm."
depends how connected they are to power
supported by the gov/fraud street which is connected to the fed printing press
they could have an unlimited supply of paper money
Last chance to buy AMC stock. Hurry hurry
McKinsey works for companies like Nike. Making the left shoe in one poor country and the right shoe in a different country sounds like something they came up with. Apple probably copied that playbook.
Do you really need Mckinsey to understand whats going on in intel? Is it really that hard ?
So the guy was a former McKinsey employee. Do you really expect everyone to go buy this book so we can follow your vague post? How about connecting the dots with a few highlights from the book? They can't be running every company into the ground or they wouldn't be the most powerful consulting firm.