How the rich cornered the market on great ideas to $ave our failing public schools
When we last checked in with our rich friends, they were flush with cash and aflurry with many excellent ideas for saving our failed and failing public schools. Now, with the stock market ascendant and corporate profits at an all time high, these generous benefactors are themselves rising to new heights of generosity and excellence. Today’s outstanding idea is brought to us (and to our failing schools) by the rich of New York City who have come up with an idea so bold, so transformative, so disruptive that we have no choice but to raise our glasses to them. Continue reading
William Guenther, CEO of the “nonprofit” school turnaround experts Mass Insight, earns $237 per hour for dispensing advice that has produced excellent results–for his bank account.
What do you call an organization that rakes in millions of tax payer dollars to turn around schools but never seems to produce any actual results? Elementary Watson! I believe that you call that organization an EduShyster. Meet this month’s nominee: Mass Insight–or Ma$$ In$ight–as they might more accurately be called.
Mass Insight Education, the sister organization of Mass Insight Global Partnerships–which does not sound ominous at all–has been cleaning up in the education reform “space” since 1997. Just how much money has the group raked in? According to the last Form 990 filed by the group in 2009, CEO William Guenther reported earning a cool $370,000–for 30 hours per week work. That works out to roughly $237 per hour. And that was three years ago…
Damn! Mass. Insight must be some serious school turn-er-arounders, wouldn’t you say? And more importantly, how can we get in on some of this turnaround action? Continue reading
The Boston Consulting Group is looking to expand its market share in the lucrative public education “turnaround” space.
When Philadelphia went looking for a firm to devise a “turnaround” plan for its schools, city leaders made the obvious choice: hire a management consulting group with no particular knowledge of public education and pay them $237,000 PER WEEK. The plan has worked out very well for the Boston Consulting Group–think lesser known cousin of Bain or McKinsey; they’ll no doubt be able to parlay their “expertise” in transforming school districts into another lucrative deal near you.
The Boston Consulting Group identified 60 schools to close and is helping line up private vendors to replace the Philadelphia School District’s unionized blue collar workforce. It’s all part of what one local rag described as ” just part of the blue chip consulting firm’s far-ranging effort to help the beleaguered city school system rethink how it does business.” Continue reading