jack_riminton
Joined 6 years ago
Joined 6 years ago
The replier then went off on one about the truck actually being a flop. I already conceded it had been. The main point was that their battery program probably hasn’t been a flop
The amount of money sloshing around in these acquisitions makes you wonder what they're really for
/s
Hey this report was done by McKinsey and they hire from Harvard and Stanford, and hear how well they speak and look how soft their hair is, the report must be good!
https://www.youtube.com/watch?v=9vMdZhIfPjs&list=PLtuDeBJEKi...
1. The exec has been charged with exploring a new product space, a potential M&A deal, more vertical integration etc etc
2. The exec needs a gauge on the "size of the prize", is this thing worth doing? roughly how will it be done? how long etc.
3. The exec probably already has a rough idea or gut feeling about one such option
4. The consultants produce something that usually supports the gut feeling, other times it will suggest alternatives and provide some facts and figures to support
So I don't think it'a new thing, but maybe it's getting worse
https://en.wikipedia.org/wiki/Allegory_of_the_cave