(no title)
rvwaveren | 5 years ago
However, zooming out, it's the incentive system that's completely broken: there is no skin in the game. Consulting firms are too detached from the consequences of their advice. Nassim Nicholas Taleb wrote a nice book about this phenomenon: https://en.wikipedia.org/wiki/Skin_in_the_Game_(book)
Dwolb|5 years ago
You get to recommend a better approach to an industry or technology and then go off and do it all while having equity in the company.