McKinsey
McKinsey strikes again!
October 6, 2009: 3:08 PM ET
Today I'm just going to direct you to two stories. The first is from paidcontent.org, dated July 20th, 2009. It says in part:
Working with McKinsey, Townsend and a Conde Nast team will "develop new perspectives on optimizing our approach to business, growing revenues, and enhancing our brand assets. All areas of Condé Nast will be included in the study." Conde Naste has more than 30 brands between the consumer magazines, which include The New Yorker, Wired and Vanity Fair, and the Fairchild Fashion Group.
The second clip, presented for your amusement, comes from today's news bundle. It is entitled, "Conde Nast shutters Gourmet After McKinsey Review." Here's a bit:
Conde Nast told shocked staff today it was closing Gourmet magazine, Cookie, Modern Bride and Elegant Bride, surpassing expectations of perhaps one or two shutdowns as a result of McKinsey's analysis.
This is offered simply as a reality check. When desperate companies, at a loss for how to manage change or maintain the standing of their senior management, hire McKinsey, there is often a lot of blather about how this is a positive step, how it will build value, how it has nothing to do with tossing people from the parapets. And then a day very much like today always comes. And we all know what it was always all about. Lest we forget, you know.
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You look nicer than usual today
Regard the headline above. It is an example of a form of speech that is ubitquitous and amusing. It's called the Complisult. It is also referred to in some venues as the Insompliment, but that seems less elegant to me.
As one would guess, the Complisult is an insult masked as a compliment. "I am truly impressed by how intelligent you sounded in your presentation," is a good example. The recipient MORE
Bing - Dec 6, 2007 11:14 AM ETPosted in: McKinsey -
The Dark Lord Returns to the Potter Party
Well, it was quite a shindig. There were hundreds of Harrys there, a gaggle of Hermiones, a couple of Weasleys, a few dogs, a couple of cats, dozens of affectless teenagers slumped into doorways talking into cell phones and, inexplicably, a guy about 6'6" dressed from head to foot as some kind of rodent made completely of gray pile carpeting. They said about 3,000 people were assembled in The Grove, MORE
Bing - Jul 23, 2007 9:37 AM ET
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CEO Roger Crandall thinks that means-testing and older retirement ages are inevitable, but that its unlikely entitlements for the less affluent will be touched. Play -
CEO Roger Crandall thinks rates will remain low, but says MassMutual has diversified its portfolio to protect against any changes. Play -
CEO Roger Crandall says emerging economies like China are prime growth targets. Play -
Roger Crandall says that baby boomers will have to keep working into retirement and that young people have been scared off by the stock market. Play
