HFBoards

Go Back   HFBoards > NHL Eastern Conference > Metropolitan Division > New York Rangers
Mobile Hockey's Future Become a Sponsor Site Rules Support Forum vBookie Page 2
Notices

James Dolan hires "consultants" to analyze Rangers

Reply
 
Thread Tools
Old
11-30-2013, 05:36 PM
  #1
Alvvays
I know u u cant sing
 
Join Date: Oct 2010
Location: Listening to music
Country: United States
Posts: 60,581
vCash: 50
James Dolan hires "consultants" to analyze Rangers

http://nypost.com/2013/11/30/can-the...nicks-rangers/

Quote:
A curiosity emerged from James Dolan’s wide-ranging interview with The Post’s Mike Vaccaro last week: He hired McKinsey & Company, the world’s premier management consulting firm, to help him with the ongoing problems known as the Rangers and the Knicks.
This is big news, not only because the famous control freak Dolan is willing to take someone else’s advice. It shows that his sports teams are joining the corporation-like, data-driven model of the future.
So, who is McKinsey? They’re managerial experts, the businessman’s businessmen. They’re the ones who get called in to help a company’s CEO figure out just what the heck he or she should do, whether its cutting costs, changing strategies or redrawing the entire organizational chart.
Not exactly sure what this entails, but it's interesting nonetheless.

Alvvays is online now   Reply With Quote
Old
11-30-2013, 06:02 PM
  #2
Crease
Registered User
 
Crease's Avatar
 
Join Date: Jul 2004
Posts: 9,833
vCash: 500
I have to imagine the consultation was about growth, sponsorship, business strategy, pricing, etc.

Crease is offline   Reply With Quote
Old
11-30-2013, 06:10 PM
  #3
Levitate
Registered User
 
Join Date: Jul 2004
Posts: 21,701
vCash: 500
What are the "ongoing problems"?

That article is pretty poorly written

Levitate is offline   Reply With Quote
Old
11-30-2013, 06:14 PM
  #4
Emptyvoid
Registered User
 
Emptyvoid's Avatar
 
Join Date: Apr 2009
Posts: 3,448
vCash: 500
Quote:
Originally Posted by Crease View Post
I have to imagine the consultation was about growth, sponsorship, business strategy, pricing, etc.
Exactly, these are businessmen not hockey gurus.

Emptyvoid is offline   Reply With Quote
Old
11-30-2013, 06:14 PM
  #5
azrok22
Registered User
 
Join Date: Mar 2006
Posts: 9,486
vCash: 3743
Quote:
Originally Posted by Levitate View Post
What are the "ongoing problems"?

That article is pretty poorly written
Profits can always be higher. Prepare to be bled drier.

azrok22 is offline   Reply With Quote
Old
11-30-2013, 06:24 PM
  #6
nikonsniper*
 
Join Date: Aug 2013
Posts: 901
vCash: 500
Quote:
Originally Posted by azrok22 View Post
Profits can always be higher. Prepare to be bled drier.
Pay Toilets, ticket scanning fees, 'premium' pricing for non-obstructed seats, PSLs, and BYO-TP.

nikonsniper* is offline   Reply With Quote
Old
11-30-2013, 06:27 PM
  #7
RangersHank*
 
Join Date: Nov 2013
Posts: 2,009
vCash: 500
Ticket prices arent expensive enough? What problems? Knicks have problems, Rangers are still fighting

RangersHank* is offline   Reply With Quote
Old
11-30-2013, 06:32 PM
  #8
PrincetonRanger
Registered User
 
Join Date: Jan 2008
Location: Princeton, NJ
Country: Kazakhstan
Posts: 47
vCash: 500
Quote:
Originally Posted by Crease View Post
I have to imagine the consultation was about growth, sponsorship, business strategy, pricing, etc.
I think this is it. I doubt that business consultants would be brought in to help out with team strategy.

I have a few classmates that ended up at McKinsey (and other big name consulting firms like Bain and BCG). Consulting is a somewhat imprecise term, basically used for outsourced analysis for virtually any facet of business management and operations.

PrincetonRanger is offline   Reply With Quote
Old
11-30-2013, 06:56 PM
  #9
ECL
Very slippery slope
 
ECL's Avatar
 
Join Date: Feb 2002
Location: New Jersey
Country: United States
Posts: 81,433
vCash: 500
Send a message via AIM to ECL
But can they come up with something better than "Hockey's different here?"

__________________
"Of course giving Sather cap space is like giving teenagers whiskey and car keys." - SBOB
"Watching Sather build a team is like watching a blind man with no fingers trying to put together an elaborate puzzle." - Shadowtron
I still think there should be a section of people at MSG behind the visiting bench, in curly wigs, and dark rimmed glasses, calling themselves the Pidtophiles. - Zamboner
ECL is offline   Reply With Quote
Old
11-30-2013, 07:14 PM
  #10
RangersFan
Registered User
 
RangersFan's Avatar
 
Join Date: Feb 2002
Location: LA, CA & NY, NY
Country: United States
Posts: 7,674
vCash: 500
Send a message via AIM to RangersFan Send a message via MSN to RangersFan
What an *******. Hey Dolan, you know what would help your franchises the most? How about winning...

RangersFan is offline   Reply With Quote
Old
11-30-2013, 07:17 PM
  #11
ECL
Very slippery slope
 
ECL's Avatar
 
Join Date: Feb 2002
Location: New Jersey
Country: United States
Posts: 81,433
vCash: 500
Send a message via AIM to ECL
Quote:
Originally Posted by RangersFan View Post
What an *******. Hey Dolan, you know what would help your franchises the most? How about winning...
Maybe the consultants will let him know.

ECL is offline   Reply With Quote
Old
11-30-2013, 07:19 PM
  #12
mike14
Registered User
 
mike14's Avatar
 
Join Date: Jun 2006
Location: Melbourne
Country: Australia
Posts: 4,731
vCash: 500
Quote:
Originally Posted by RangersFan View Post
What an *******. Hey Dolan, you know what would help your franchises the most? How about winning...
worked for the devils.....







mike14 is offline   Reply With Quote
Old
11-30-2013, 07:20 PM
  #13
ECL
Very slippery slope
 
ECL's Avatar
 
Join Date: Feb 2002
Location: New Jersey
Country: United States
Posts: 81,433
vCash: 500
Send a message via AIM to ECL
Quote:
Originally Posted by mike14 View Post
worked for the devils.....






Hah!

ECL is offline   Reply With Quote
Old
11-30-2013, 07:21 PM
  #14
ColonialsHockey10
Registered User
 
Join Date: Jul 2007
Posts: 10,041
vCash: 500
Well at least he hired the right company.

McKinsey is the big leagues.

ColonialsHockey10 is offline   Reply With Quote
Old
11-30-2013, 07:23 PM
  #15
ECL
Very slippery slope
 
ECL's Avatar
 
Join Date: Feb 2002
Location: New Jersey
Country: United States
Posts: 81,433
vCash: 500
Send a message via AIM to ECL
Quote:
Originally Posted by ColonialsHockey10 View Post
Well at least he hired the right company.

McKinsey is the big leagues.
Are you in consulting? I know next to nothing about it. What would you think Dolan is trying to accomplish here?

ECL is offline   Reply With Quote
Old
11-30-2013, 07:56 PM
  #16
DMPD
Offseasons Greetings
 
DMPD's Avatar
 
Join Date: Nov 2009
Location: Mysidia
Country: United States
Posts: 21,384
vCash: 500
So Sather retiring?



__________________
DMPD is online now   Reply With Quote
Old
11-30-2013, 07:58 PM
  #17
ECL
Very slippery slope
 
ECL's Avatar
 
Join Date: Feb 2002
Location: New Jersey
Country: United States
Posts: 81,433
vCash: 500
Send a message via AIM to ECL
Quote:
Originally Posted by Ailurophile View Post
So Sather retiring?


In all honesty, that actually was a thought of mine. Maybe Dolan is getting ready to move on from Sather (he'll retire and this ends up being his way of searching for a GM).

ECL is offline   Reply With Quote
Old
11-30-2013, 08:02 PM
  #18
Trxjw
Retired.
 
Join Date: May 2007
Location: Land of no calls..
Country: United States
Posts: 17,558
vCash: 500
Yeah that's all business related. My old employer hired the same firm to do an audit. Made a lot of strategic adjustments and then laid off about 500 people, lol.

Trxjw is offline   Reply With Quote
Old
11-30-2013, 08:06 PM
  #19
SnowblindNYR
Registered User
 
SnowblindNYR's Avatar
 
Join Date: Nov 2011
Location: Pittsburgh, PA
Posts: 20,463
vCash: 500
Quote:
Originally Posted by Jonathan. View Post
Are you in consulting? I know next to nothing about it. What would you think Dolan is trying to accomplish here?
I'm not in consulting but I read business books and am applying to business school. The big 3 are McKinsey, Boston Consulting Group, and Bain. In fact, I think McKinsey is #1. It's like the Goldman Sachs of Management Consulting from what I know.

SnowblindNYR is offline   Reply With Quote
Old
11-30-2013, 08:26 PM
  #20
Trxjw
Retired.
 
Join Date: May 2007
Location: Land of no calls..
Country: United States
Posts: 17,558
vCash: 500
McKinsey specializes in "focusing" large corporations. They evaluate what entities are useful, and which ones are "expendable" or aren't generating enough ROI to be worthwhile. Like I said, my last employer hired them and they did a very in depth analysis of where the company stood in the E-Commerce space, and informed the high-level management of what areas they could refocus, and what areas they could axe completely.

It's highly unlikely that this has anything to do with Rangers management, or the players involved. It likely has more to do with MSG not operating at a large enough margin, and with the new renovation, Dolan likely wants to cut costs where he's not seeing a quality ROI.

Trxjw is offline   Reply With Quote
Old
11-30-2013, 08:47 PM
  #21
OverTheCap
Registered User
 
OverTheCap's Avatar
 
Join Date: Jan 2009
Posts: 10,044
vCash: 500
The decision to hire McKinsey played a role in the firing of Grunwald:

Quote:
Dolan explained Grunwald wasn’t the right man to move forward with the Knicks’ new approach to analytics and the hiring of the global management firm, McKinsey & Company. Dolan called Grunwald “a classic GM” and said he felt the club needed a more progressive administrator as they “reprocessed’’ their strategic planning. That Grunwald is a lawyer, former head of the Board of Trade in Toronto and has the respect of agents and other general managers apparently didn’t factor into the decision.
http://nypost.com/2013/11/24/clock-t...oodson-knicks/

Quote:
MV: So in evaluating these business solutions you came to the conclusion Glen Grunwald was lacking and Steve Mills a better fit?

JD: I hired McKinsey in the summer, and Glen is more of a “classic” GM, and he just wasn’t the guy to lead this initiative for the team, and it had to be someone in that position who could do it because I wasn’t going to do it. It needed someone behind it, someone who understood it, and that just wasn’t Glen’s forte. I think he was a good general manager, he’s got a great eye for talent, he knows basketball well, but the job description changed.
http://nypost.com/2013/11/22/james-d...-garden-teams/

It appears that Dolan has two separate standards for the Knicks GM and Rangers GM - Sather is certainly "a classic GM" and he is far from progressive.

OverTheCap is offline   Reply With Quote
Old
11-30-2013, 09:10 PM
  #22
BlueshirtBlitz
Rich Nash
 
BlueshirtBlitz's Avatar
 
Join Date: Aug 2010
Location: New York
Posts: 19,756
vCash: 500
Even though this sounds like it won't really impact the Rangers, just picturing Dolan weaselly hiring a firm to maximize his profits makes me vomit.

BlueshirtBlitz is offline   Reply With Quote
Old
11-30-2013, 11:30 PM
  #23
gmerger37
Registered User
 
gmerger37's Avatar
 
Join Date: Dec 2010
Location: North Jersey
Posts: 794
vCash: 500
Dolan is a ****ing *******. He clearly views the rangers and knicks as mere business entities and could care less about winning. I think so long as the $$$ pours in dolan could care less if the teams are 3-12 or 12-3.

gmerger37 is offline   Reply With Quote
Old
11-30-2013, 11:39 PM
  #24
Baby Punisher
Registered User
 
Baby Punisher's Avatar
 
Join Date: Mar 2012
Location: Staten Island, NY
Country: United States
Posts: 3,675
vCash: 500
I dunno how much more money ol' Jimbo can expect to get from average Joe. Since I started buying season tix in 96'. I've gone from splitting a full season with two tix to just spliting a half season of two tickets 3 ways, & it cost more money now than it did than!

Baby Punisher is offline   Reply With Quote
Old
12-01-2013, 02:25 AM
  #25
ColonialsHockey10
Registered User
 
Join Date: Jul 2007
Posts: 10,041
vCash: 500
Quote:
Originally Posted by Jonathan. View Post
Are you in consulting? I know next to nothing about it. What would you think Dolan is trying to accomplish here?
I work in Sustainability Consutling (entry level, I just graduated college with an environmental degree). I work in a small firm though, and a lot of the major management consulting companies, McKinsey included, have dedicated sustainability teams, so I've spoken with many employees at these companies (Mckinsey included).

Goldman Sachs hires the smartest people with finance backgrounds, McKinsey hires the smartest thinkers worldwide, it doesn't matter their background. They're put on a tier with BCG and Bain, but from the people I've spoken with McKinsey gets the first pick of the litter at every school. They're truly on their own tier. They are also unanimously the hardest company to get a job at (in any industry, on the planet). Most management consulting companies work mainly with strategy, but McKinsey also works with implementation (as in coming up with a solution for a company, and working with them to make it happen).

For MSG, I think Crease's post is spot on for what they'll be doing. I doubt they'll be personally evaluating the Rangers. My post was more in relation to the fact that Dolan hired the smartest people in the area to figure this out. Management Consulting is an intelligent industry, but McKinsey takes the cake. If hiring someone to do his work is his plan, he can't do any better.

ColonialsHockey10 is offline   Reply With Quote
Reply

Forum Jump


Bookmarks

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 08:53 PM.

monitoring_string = "e4251c93e2ba248d29da988d93bf5144"
Contact Us - HFBoards - Archive - Privacy Statement - Terms of Use - Advertise - Top - AdChoices

vBulletin Copyright ©2000 - 2015, Jelsoft Enterprises Ltd.
HFBoards.com is a property of CraveOnline Media, LLC, an Evolve Media, LLC company. ©2015 All Rights Reserved.