jad594
Dear all,
Not sure if I'm the one who is really excited for McKinsey's consultancy services to be applied to the Lebanese economic model. Does anyone know if their presentation will be a conference for which we can apply to prior? I really would like to attend to see what the ideal model will be.
We finally get to see what the world's best consultancy firm will say about our institutions and our current survival methodology (foreign reserves, banking, and tourism) and how sustainable it is.
The project costs ~ USD $1.3-1.5 Million and will take around 5-6 months before we are pitched with their outcome. I really do hope that with international consultants and with a proper plan, we can begin executing and approaching commerce in a way that brings out our core competencies that we may have not been realizing until then.
I believe they will show us how to allocate our resources properly and what to continue to compete in and what to withdraw from. Excuse my excitement!
vlatkozelka
Honestly, I only heard about it from the living room's tv while I was building a PC in my room. But what I learned is that a lot of members of our gov (you know who you are) are whining about it.
And if they whine about something, it must be good for us so ... yeah
//start bracket
Al-jadeed also whined a lot about it. But IMHO, Al-Jadeed always has a thing to feeding people what they think is true (or whoever wants them to tell), like the last thing about tags on car plates making Israel spy on us ... lol. It's just an id tag, your phone has one!
No offense to anyone who watches the station, but when it comes to technical stuff, they shouldn't be trying to feed us anything, we should know better, we are geeks.
//end bracket
I wouldn't say excited. Curious is the right word for me. In all hope that this will be good though. But I'm sure the carpenter next to my house knows how to run a country more than anyone in our gov, so yeah McKinsey can not really fail, as it's easy to improve on garbage.
tech-guru
As a Consultant with the government , I am not very positive they will change things upside down and turn things to a positive GDP /Debt Ratio due to the following facts (that will not change at least in the near future ):
~ Debt = Domestic + Foreign where the domestic part is the largest where the government issues Treasury Bills and commercial banks buy it + interest debt - The Government do this to inject money for public employees , projects etc...
~Lack of Natural Resources (Offshore Oil Drilling is still years to go due to political intetests & Israelian threat.
~Corruption that have been since 1990s causing a widening in the fiscal budgets ( expenditures 》》》 what we generate).
~Political mafias and religious sectors (Mob wars head are now religious protectors each protecting the interest of his religious sector , any conflicting interests are causing things to stop and change of the Cabinet "swithching of Ministries of different political parties" are causing projects to be redone from zero.
McKinsey's as the World Bank , UNDP etc... will put scopes , reports , analysis , designs etc... Will be that enough to inflitrate 20 years of corruption from the same political parties resembling deep religious sectors and divisions. Short Answer No. USD $1.3-1.5 Million is a waste of money.
Jerome
It most likely won't work, but hey they're trying!