4 ms·
In this case Bain was brought in to do the layoffs and other "restructuring", not for technical help.
by antiismist 18y ago
In this case Bain was brought in to do the layoffs and other "restructuring", not for technical help.
- plinkplonk 18y agoI interpreted ChaitanyaSai's point as "Why bring in Bain and Co, people who have no special insight into what needs to be done for Yahoo to tell Yahoo management what to do?" Why can't the top management at Yahoo decide what to do and do it? I mean after all these years at Yahoo don't they know who to fire and who to keep? All the data Bain and Co could get or process in the few weeks they work for, Yahoo management has too. I would have thought that (making decisions and executing) was what the managers were being paid the big bucks for. (I've never really understood the value of these consulting firms so if anyone can help with that I'd appreciate it).
- arockwell 18y agoI think their only value is blame shifting. If you can even call that value.
- Retric 18y agoI work for a large consulting company and I think a lot of company's have trouble looking outside their box. They know that things are failing but they have no idea what they need to do. In most cases large companies fail because they get stuck at local maxima where small changes make things worse even though there are much better aproaches they need to shake things up to find a new area. PS: A classic example is Monday Night Football which we promoted as a good option help the NFL prosper. But, you can also point out a lot of dumb things they do because that's the way they have always done things etc.
- johnyzee 18y agoThey'll probably announce the layoffs on a Friday, to have less chance of an 'incident'.