Rajat Gupta has hogged headlines over the past twenty odd years – he has championed that art. While his educational background without doubt has been exemplary, his consulting advisory was not necessarily so. McKinsey & Co.’s way of focus on core competency – and divesting from diversification strategies – necessarily has been one of the most debatable strategies that he represented during his tenure at the firm. Actually, it is one of those strategies that have given consultants the reputation of being people who take your watch and tell you the time; there is no strategy in this strategy. McKinsey’s consultants, of course, have championed such strategies and theories which are arguably of no great significance or research. I’m reminded of the book In Search of Excellence by Tom Peters and Robert Waterman – two McKinsey consultants – written on the basis of research that Tom Peters himself later admitted was concocted. Rajat’s stint post McKinsey has been clearly far more controve...
Dr. Arindam Chaudhuri
(An IIPM Think Tank Blog)