Death by PowerPoint: the global influence of McKinsey
A new book connects the management consultants to a series of social and economic crises. But how culpable is a company that only advises?
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A new book connects the management consultants to a series of social and economic crises. But how culpable is a company that only advises?
Walt Bogdanich and Michael Forsythe’s devastating investigation into the consulting firm uncovers a story of secrecy, delusion and untold harm
It is remarkable the way that McKinsey goes from train wreck to train wreck yet manages to depict itself as some sort of Corporate America Zelig: ever on the scene but not doing much of anything in particular. This is despite the fact (for instance) that McKinsey was singularly responsible for the biggest value destroying deal of all time, save maybe Bayer’s purchase of Monsanto, which was the Time Warner acquisition of AOL. McKinsey pitched AOL to the Time Warner board five times and the board had the spine to reject it only four times. Or how about the Enron bankruptcy? McKinsey was all o...