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The real damage caused by McKinsey is its promotion of a certain kind of capitalism that prioritizes short term profit and optimization over long term stability
by spaceman_2020 4y ago
The real damage caused by McKinsey is its promotion of a certain kind of capitalism that prioritizes short term profit and optimization over long term stability and innovation.
Both of these are nice to have, but in McKinsey influenced “MBAized” businesses, optimization is often almost THE end goal. This leads to all sorts of situations innovation centers get gutted and long term bets are eschewed in favor of immediate profits.