Academics [baffled] why consultants’ clients (82% of public plan sponsors and 50% of corporate sponsors) would pay for lack of results.
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@monkbent Exactly. Consultants enable pension fund managers to deny responsibility for doing their job. Incestuous cabal of short- termers. -
@trengriffin exactly. Same deal with management consultants...
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@monkbent "Politician has a very short horizon. They're not really interested in problems that go out 5 or 10 yrs." http://online.wsj.com/article/SB10001424127887323665504579032934293143524.html … -
@trengriffin Sadly, this is true, just like listed corporations are very interested in results spanning to the next stock market report
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