None other than our Secretary of Transportation, the fabulous Pete Buttigieg, is a proud McKinsey alum.
(in case you're wondering why trains are crashing all over the country, planes are falling apart mid-flight, EVs are a joke, and a ship mysteriously destroyed the Key Bridge in Baltimore).
Thiel is pimping his own management consulting business Traba, which "manages" temps (independent contractors) for businesses. He is trying to grow his business by attacking others. Traba is just another "super corrupt, fake racket". He started Traba just two months before the OPs interview link.
Thiel is a marble playing fool ... aka, just another scammer.
Billionaire Peter Thiel's Founders Fund behind $22 million funding for Miami startup [Traba]
Peter Thiel is not a chess player, he's a venture capitalist. He played chess competitively as a child, not since. That would be like calling Warren Buffett a "billionaire baseball player" because he played teeball.
But they mostly hire white liberals from Ivy League schools.
Consultants don’t need to be experts. They just need to know how to ask the right questions. When they engage their clients into the right mindset, the solutions may become obvious. In that sense, the most useful skills for consulting are psychology and sales.
Most companies or government agencies hire consultants for publicity. It is an easy money no matter who is doing it. Most expensive firms will get more publicity, so they will more likely get the jobs. The business model is not much different than cosmetics and fashion.
Disagree. Having been in the space for years, what you get with the types who practice this “Socratic method” is little more than groupthink. It SOUNDS good, because they can “reason” through the problem. But that is a mirage, in particular with technology.
Without experience, they don’t have the practical expertise to steer their clients from going down bad paths, or encourage them to pursue potentially valuable alternatives. When implementation time comes, the client is basically paying for them to learn more.
From my own experience you’ll find a lot of these nothing-but-hot-air types, Also talking with people in the consulting business (not Mckinsey, but similar firm) admitting they do not know anything, or are mostly spitballing something along the way. Whenever I hear about meetings with these types it’s almost always conclusions that was already known
Accidenture Strategy comes to mind.
I know it's not Big4 but there was a divide between the tech folks there and strategy...tech actually built stuff for clients. Strategy--hot air and spitballing.
But they mostly hire white liberals from Ivy League schools.
Consultants don’t need to be experts. They just need to know how to ask the right questions. When they engage their clients into the right mindset, the solutions may become obvious. In that sense, the most useful skills for consulting are psychology and sales.
Most companies or government agencies hire consultants for publicity. It is an easy money no matter who is doing it. Most expensive firms will get more publicity, so they will more likely get the jobs. The business model is not much different than cosmetics and fashion.
Say it in Liz Danver's (Jodie Foster's) voice from HBO True Detective: "You're not asking the right questions." :)
This post was edited 20 seconds after it was posted.
Disagree. Having been in the space for years, what you get with the types who practice this “Socratic method” is little more than groupthink. It SOUNDS good, because they can “reason” through the problem. But that is a mirage, in particular with technology.
Without experience, they don’t have the practical expertise to steer their clients from going down bad paths, or encourage them to pursue potentially valuable alternatives. When implementation time comes, the client is basically paying for them to learn more.
A lot of them are obsessed with Agile/Lean over waterfall models. There's a place for both.
In short, agile: having meetings to discuss having more meetings about the product. Then having meetings to overview the points made at the last meeting. But the product goes into developmental hell...