Wednesday, August 20, 2008

Madeleine K. Albright, Strategy Consultant

I was reading a WSJ article about Coca Cola's efforts to fully utilize the 2008 Beijing Olympics as a platform to catapult into a dominant position in the Chinese market place - where they had previously been in second place. Coke starting planning their operations as early as 2005, and apparently heavily used strategy consultants to guide themselves through all the ugly periods in Chinese relations between 2005 and now. Which consultancy, you might wonder, would they have used? Mckinsey, BCG, or Bain, perhaps? No - they used Albright Partners the firm eponynmously named firm of former secretary of state Madeleine K. Albright!

Well - I at least though it was strange that Madeleine Albright is now a strategy consultant. But, perhaps it isn't. She is also a principle at Albright Capital Management LLC, an investment advisory firm focused on emerging markets. I gues many politicians have gone far further to exploit their fame once leaving office...

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