A Blemish on McKinsey
When I was in business school, I remember first hearing about McKinsey & Company – a management consulting firm – that charges a lot of money to solve problems for corporations, government, and non-profits (surprisingly many non-profits – especially in healthcare and eduction – can afford McKinsey).
Back then – about 35 years ago – I didn’t understand why major companies (engaged in financial services, media, asset management, telecommunications, technology, healthcare, energy, consumer goods, pharmaceuticals, insurance, and more) whose executives are paid millions would pay McKinsey millions to solve problems that their executives were paid to solve. It never made sense to me even though the McKinsey employees were reputed to be the best and the brightest (McKinsey had the reputation of recruiting the top 1 or 2 male students from the top business schools back then. I’m guessing they still recruit the top students but don’t know how close they have come to gender parity) but the executives in these multinational corporations are also the best and brightest in their field. Read more 
Executive Compensation at Providence Health and Services (WA) 2019
Providence Health and Services – Washington (PH&S) is part of the Providence St Joseph Health (PSJH), a non-profit, tax-exempt integrated healthcare provider associated with the Catholic Church. With 51 hospitals and nearly 1,100 clinics staffed by 120,000 employees across seven western states (Washington, Oregon, Montana, New Mexico, California, Texas, and Alaska), the Providence St Joseph Health system came to be when PH&S merged with Providence St. Joseph Health (PSJH), in 2016. (note: PSJH – the overall executive management arm – is the sole member of PH&S). Read more
Paddock Post 