What exactly is a management consultant? And what do they do? I travel for work... lots of upgrades, often sit next to them, still have no idea what they do... except talk about themselves.
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They provide political backing for managers inside large organizations.
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Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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I believe Venture for America was an attempt to help solve this issue - give people prestige (insurance) while taking career risks. Teach For America operates somewhat on similar model.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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I think you undervalue the attractiveness of not having to pick an industry before you know anything about it, and the "survey course" nature of consulting, investment banking, etc. In my experience, that was the biggest non monetary factor for going into those fields along peers
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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maybe b/c great value of business boom/bust cycles is that busts clear out the old guard and make way for the new (Schumpeterian destruction) -> a process that central banks have been actively trying to stop for the last 30 years or so.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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“On net, America is selling its talented young people insurance value — but at the expense of long-term innovation.” Can’t blame them the youth, not enough of a safety net
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“An emphasis on adult employment”: https://www.schoolinfosystem.org/2020/01/30/old-people-have-all-the-interesting-jobs-in-america/ …
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Some people might find some parallels here too:https://twitter.com/p_millerd/status/1220728129737707521?s=20 …
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My exploration of the "boomer blockade"
TL;DR: largest generation, got promoted younger during booming 80s/90s, staying in jobs 60+ yo, tilted workforce demographics, Gen X & Millennials stagnant at work, residual narrative & wealth gap