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Archive for September 28th, 2010

McKinsey- Of High Fees & Novice Consultants? & learning from Bhutan

September 28, 2010 By: Bridge to Bhutan Category: News

Courtesy: Blog of the Leader of the Opposition http://www.tsheringtobgay.com

March 04, 2010: Chhophyel, commenting on my previous post: “OL, I am glad that McKinsey’s proposal to liberalize tourist tariff is finally out the window.”

McKinsey and Company is charging the government 9.1 million dollars in consulting fees. Add to that travel, living, per diem and other expenses, and the final tab, by some estimates, could exceed 14 million dollars! That’s a lot of money.

So it’s amazing that we must feel a sense of relief every time their proposals get shot down. Their first proposal to go was about increasing annual tourist arrivals to 250,000. Then it was tourist tariff liberalization. Now their proposal to mandate all hotels catering to tourists to upgrade to at least a 3 Star category is already coming under attack. (more…)

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