Eurobites: BT Calls in McKinsey to Stop the Rot
Also in today's EMEA regional roundup: Cattaneo considers his options; Etisalat doubles down on IoT; BT and KPMG on cybersecurity.
— Paul Rainford, Assistant Editor, Europe, Light Reading

mendyk
7/11/2017 | 9:23:53 AM
Re: Rotsa luck
Indeed -- in my most memorable McKinsey moment, the experts spent about four weeks on "due diligence" and ended up recommending that management shed the majority of its business. Management did precisely that, which probably accelerated the demise of the company by a good half-decade. But think of all the money saved (aside from the seven-figure consulting bill).
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brooks7
7/10/2017 | 4:33:42 PM
Re: Rotsa luck
Dennis,It is pretty simple if you have been through those. They run around asking senior employees what the gaps are and present a gap analysis for change. The problem is that nothing really new comes out of those exercises. On top of that the first person they interview is the guy in charge (who is paying their bill). They parrot back that (and the lower level support for that) as the path forward. (Look how smart you are!)
I see this all the time in my mgt consulting gigs. What clients really want is for me to tell them they are on exactly the right path and have to change nothing and that results will suddenly improve. They get uncomfortable when I don't do that.
seven
mendyk
7/10/2017 | 2:38:46 PM
Rotsa luck
I've worked for three different organizations that went the McKinsey "stop the rot" route. All three followed the rot-stopping prescription for change, and all three continued to rot.
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