James O. McKinsey was an Accountant.
He wrote a damn textbook on Managerial Accounting. WSO prestige whores, proceed to writhe in cognitive dissonance.
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at least you didnt make your account just to write this...
I don't see how anyone could call themselves a management consultant without knowing accounting really well, including it's limitations. It is the language of business and if I hired someone to consult me and it was clear they lacked this basic knowledge I would quickly show them the door. Something like building a quick useable cost accounting model, pro forma if you will, showing the cash breakeven per week, month, etc. and understanding where the numbers come from is good skill to have.
Let's be honest, and this comes from many management consultants I have studied, implementation is the most critical aspect. I recall reading in Gerstner's book how determining what strategy to follow isn't all that difficult these days, it is getting an organization headed down the proper path executing and implementing the strategy that is difficult. John Malone (former McKinsey) has said similar in a round about way.
Your guy sounds very impressive. I met a similarly talented person who previously worked for Arthur Anderson, accounting and economics degree. I believe he may have been a CPA / CA as well. He specializes in doing turnarounds as you describe for a PE firm.
Hey Tyler, my Arab LP base and I would quite fancy speaking to your friend about his long-term career plans...
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