The Big Con Quotes

“However, governments and businesses may also hire consultancies not to reduce their climate footprint, but to convince others of their commitment to mitigating the climate crisis, even if this is not matched with action. A number of recent cases and developments lend weight to this hypothesis.”
― Mariana Mazzucato, The Big Con: How the Consulting Industry Weakens Our Businesses, Infantilizes Our Governments, and Warps Our Economies

“Consulting companies, such as McKinsey, Boston Consulting Group (BCG) and Bain & Company (often referred to as the “Big Three” strategy firms) and PwC, Deloitte, KPMG and EY (the “Big Four” accountancies), are hired by governments, businesses and other organizations to perform different types of tasks on their behalf.”
― Mariana Mazzucato, The Big Con: How the Consulting Industry Weakens Our Businesses, Infantilizes Our Governments, and Warps Our Economies

“Many governments have stopped investing in their own capacity and capabilities, and because they fear failure they do not take risks.”
― Mariana Mazzucato, The Big Con: How the Consulting Industry Weakens Our Businesses, Infantilizes Our Governments, and Warps Our Economies

“3. Where Consulting Came From: A Brief History In July 1971, Chilean engineer and politician Fernando Flores was working for the Chilean Production Development Corporation, a public organization responsible for fostering economic development in the country. Following the election of the new government under President Salvador Allende the previous year, Flores faced a difficult task: how to manage the newly nationalized sectors of Chile’s economy. Party leaders had never been able to deliver their economic policy goals, which included economic growth and income redistribution, and, despite the ambition, the Chilean public sector simply did not have the capabilities to deliver the mandate on which it was elected. But it was also not afraid to draw on relevant expertise in the private sector. This was how British management consultant Stafford Beer”
― Mariana Mazzucato, The Big Con: How the Consulting Industry Weakens our Businesses, Infantilizes our Governments and Warps our Economies