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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (17166)9/11/2000 10:44:48 AM
From: Oblomov  Read Replies (1) of 436258
 
Seems like a good indicator of a business cycle top. During the last recession, the management consulting firms were armed with the concept of "reegineering", and although that term can no longer be mentioned in polite company, the paradigm paid the bills for a while.

Look at what the Big Thinkers are saying now:

bcg.com

What a tribute to the power of abstraction! The ability for managers to achieve "asset productivity", of course, breaks down when a little macroeconomic instability enters the scene...
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