"We have little trouble recognizing that a chess grandmaster’s victory over a novice is skill, as well as assuming that Paul the octopus’s ability to predict World Cup games is due to chance. But what about everything else?" [Luck and Skill Untangled: The Science of Success]
"Taylor always said that scientific management would usher in a "mental revolution," and it has. Modern life is Taylorized life, the Taylor biographer Robert Kanigel observed, a dozen years back. Above your desk, the clock is ticking; on the shop floor, the camera is rolling. Manage your time, waste no motion, multitask: your iPhone comes with a calendar, your car with a memo pad. "Who is Schmidt?" journalists wanted to know, a century ago. Vell, ve are." [The history of management consulting]
The Story He Was Offered $16,000 Not to Tell: A young quant, fresh from MIT, joins the world of international business consulting, is duly scandalized, and returns from the mountaintop to tell of the terrors beheld. Via Reddit.
"The most important of the all-too-human functions of consultants is to sanctify and communicate opinion. Like ministers of information, consultants condense the message, smooth out the dissonances, unify the rhetoric, and then repeat and amplify it ad nauseam through the client's rank and file. The chief message to be communicated is that you will be expected to work much harder than you ever have before and your chances of losing your job are infinitely greater than you ever imagined."If you've ever known a management consultant, this explains why they always seem to have that "outrageously unjustified level of self-confidence." A fascinating insider's look into the anthropology of business consulting -- Masters of Illusion: The Great Management Consultancy Swindle
Peter Drucker; the Prince of Management, dead at 95. He was a visionary leader to many. I tried to look up some opposing views and could not readily find any. Peace out.
BullFighter is shareware that flags corporate jargon, like "mission critical asset foregrounding" and "value-added paradigm shift," in Word documents. Who developed it? Deloitte Consulting. Will wonders (or gimmicks) never cease?
Arthur Anderson checking up on the FBI! "The consulting firm Arthur Andersen LLP is currently conducting a review of the FBI’s management practices, including recordkeeping, technology and human resources issues." Their checking on the FBI, the FBI is checking on them, whew....