Sublime

RHD, a nonprofit we will meet in the next chapter, holds the principle that when there is room for salary increases, they should be disproportionately geared toward the lowest salaries first.

choice of project types influences significantly, as we shall see, the economic and…

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But the company is able to crank out high-quality work year after year because its core capabilities are rooted in its processes and values rather than in its resources. I sense, however, that these capabilities of McKinsey also constitute its disabilities. The rigorously analytical, data-driven processes that help it create value for its clients i

high level of expertise is still required, and efficiency is not irrelevant, but extensive experience with similar problems is worth more to the client than an extra degree of intellect or a few dollars of savings.

At the most abstract level, McKinsey develops solutions to clients’ strategic problems and, possibly, aids in the implementation of those solutions.

P&G commissioned studies of certain service sectors and of franchising business models.