The Big Con: How the Consulting Industry Weakens Our Businesses, Infantilises Our Governments and Warps Our Economies by Mariana Mazzucato and Rosie Collington lays out the history and workings of a highly influential industry. They are hired by businesses and states around the world, at great expense. Whether it’s McKinsey, Bain and Boston Consulting Group, or PwC, KPMG, EY, Deloitte and so on, these companies promise expertise and innovation in management strategy, accountancy, IT or climate solutions.
What do consultants know, and what do they bring to the table? They offer some of the sought-after jobs, skimming the brightest grads from elite global universities. They promise new ideas, quantitative rigour and meticulousness, but this slicked-up business model evades risks and reaps rewards, say the authors.
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Views expressed above are the author’s own.
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