Be Grateful to Your Competitors

The McKinsey Quarterly has a feature asking why poor countries, to a depressing degree, remain poor:  Their answer is the "Power of Productivity." But wait, don’t we already know how to help poor countries?  Let’s look at the...

Why Good Strategies Go Bad

When it comes to high-end strategic advice, McKinsey is the gold standard.  But opining on what good strategy looks like is not sufficient to explain the remarkable, and enduring, ubiquity of bad strategy—even, it must be said, among McKinsey clients. What,...

The Recruiting Outlook for 2004

When does what a "retained" recruiter do for you cross over from head-hunting to quasi-management consulting?  (Think:  Acquiring a practice group or moving into a new city.) And what about the trend towards more and more professionalization of...

The Check is in the Mail

Q:  Why didn’t Pennie & Edmonds merge with Jones-Day rather than dissolving outright?  Client conflicts?  Cultural friction?  Compensation disparities? A:  None of the above.  Chalk it up to accrual...
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