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Author Topic: I have a talent for running companies into the ground
clockwork
rabble-rouser
Babbler # 690

posted 19 July 2002 02:59 AM      Profile for clockwork     Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
This "talent mind-set" is the new orthodoxy of American management. It is the intellectual justification for why such a high premium is placed on degrees from first-tier business schools, and why the compensation packages for top executives have become so lavish. In the modern corporation, the system is considered only as strong as its stars, and, in the past few years, this message has been preached by consultants and management gurus all over the world. None, however, have spread the word quite so ardently as McKinsey, and, of all its clients, one firm took the talent mind-set closest to heart. It was a company where McKinsey conducted twenty separate projects, where McKinsey's billings topped ten million dollars a year, where a McKinsey director regularly attended board meetings, and where the C.E.O. himself was a former McKinsey partner. The company, of course, was Enron.

The Talent Myth
quote:
They were there looking for people who had the talent to think outside the box. It never occurred to them that, if everyone had to think outside the box, maybe it was the box that needed fixing.

From: Pokaroo! | Registered: May 2001  |  IP: Logged
rasmus
malcontent
Babbler # 621

posted 19 July 2002 03:19 AM      Profile for rasmus   Author's Homepage     Send New Private Message      Edit/Delete Post  Reply With Quote 
Clockwork, thanks for this link.
From: Fortune favours the bold | Registered: May 2001  |  IP: Logged

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