McKinsey and Analytics: Make Sure You Are a One Percenter
January 15, 2017
McKinsey & Co., the blue chip consulting firm, is doing its part to motivate students to ace their SATs. You can get a glimpse of the future for those who are not over achievers and able to get hired at an oligopoly in “The Age of Analytics: Competing in a Data Driven World.” If your firm is a customer of McKinsey, you can wrangle a briefing and get even more juicy insights. But for the folks who live in Harrod’s Creek, we have to make do with the free write up.
The main point is that organizations who embrace analytics can just be more successful. More money, more influence, more, more, more. In today’s uncertain business climate, the starving cats are going to pay attention to this catnip.
The write up reveals:
Leading companies are using their capabilities not only to improve their core operations but also to launch entirely new business models. The network effects of digital platforms are creating a winner-take-most situation in some markets. The leading firms have remarkably deep analytical talent taking on various problems—and they are actively looking for ways to enter other industries. These companies can take advantage of their scale and data insights to add new business lines, and those expansions are increasingly blurring traditional sector boundaries.
Net net: hire McKinsey to help you take advantage of this opportunity. For those who are not working hard to be perceived as smart enough to work at a blue chip outfit like McKinsey, there may be universal basic income in your not so bright future.
Stephen E Arnold, January 15, 2017
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