The premise of this article is quite funny, the idea that Big Pharma wouldn't care so much about profit optimizing if it weren't for those evil jr. consultants!
It seems McKinsey's chief value proposition of providing executives and governments cover for politically unpopular decisions (both internally or externally)...is in fact accurate.
Amazing how this narrative manages to shift blame off of the government who created these bizarre incentives and the executives who run the damn drug companies and responded to those incentives.
Somehow our joke of a healthcare system is now the fault of 24-year-old powerpoint jockeys and their theatrically fake-analytical powerpoint graphs.
It's easier to make a villain out of McKinsey than it is out of Congress. While it's true Congress is universally disliked, the discussion devolves into opining about my-team-versus-other-team, even though teams spend a great deal of time with lobbyists and fundraising. And even that point faces the critique that "both sides aren't the same", which sure, they aren't identical, but the means for securing influence are the same. None of us have pre-conceived notions about how to 'fix' McKinsey in the way we would with Congress. How to implement preventative measures that would block deeply unpopular policy from becoming law in the first place conjures discussions of first amendment rights.
Comments
The premise of this article is quite funny, the idea that Big Pharma wouldn't care so much about profit optimizing if it weren't for those evil jr. consultants!
It seems McKinsey's chief value proposition of providing executives and governments cover for politically unpopular decisions (both internally or externally)...is in fact accurate.
Amazing how this narrative manages to shift blame off of the government who created these bizarre incentives and the executives who run the damn drug companies and responded to those incentives.
Somehow our joke of a healthcare system is now the fault of 24-year-old powerpoint jockeys and their theatrically fake-analytical powerpoint graphs.
It's easier to make a villain out of McKinsey than it is out of Congress. While it's true Congress is universally disliked, the discussion devolves into opining about my-team-versus-other-team, even though teams spend a great deal of time with lobbyists and fundraising. And even that point faces the critique that "both sides aren't the same", which sure, they aren't identical, but the means for securing influence are the same. None of us have pre-conceived notions about how to 'fix' McKinsey in the way we would with Congress. How to implement preventative measures that would block deeply unpopular policy from becoming law in the first place conjures discussions of first amendment rights.