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Sell consulting services. Doesn't matter if you're right or wrong, what matters is that you're paid.
(slrpnk.net)
this post was submitted on 26 Jun 2025
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I thought CEOs commanded wildly exorbitant salaries because they were super smart and made all the decisions. Why would a consulting firm exist?
In theory they provide advice in areas that the company is not expert in. E.g. a pharmaceutical company would ask a consultant to recommend and implement an accounting system.
Consultants are paid to provide outside consensus. They strengthen the CEO's perceived smartness. They give it validity. McKinsey, because of its brand, provides the most value to a CEO in the boardroom.