• FreakinSteve@lemmy.world
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    18 hours ago

    I thought CEOs commanded wildly exorbitant salaries because they were super smart and made all the decisions. Why would a consulting firm exist?

    • Rookwood@lemmy.dbzer0.com
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      8 hours ago

      Consultants are paid to provide outside consensus. They strengthen the CEO’s perceived smartness. They give it validity. McKinsey, because of its brand, provides the most value to a CEO in the boardroom.