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[INTERVIEW] McKinsey advises PEFs to be wary of minority shareholders, supply chain issues Posted : 2021-05-05 11:19 Updated : 2021-05-05 13:57 McKinsey & Company Senior Partner Richard Lee speaks during an interview with The Korea Times at The Plaza Seoul, April 19. Courtesy of McKinsey & Company This article is the third in a series of interviews with ESG experts intended to make suggestions for Korea s financial, industrial and public sectors to come up with better ESG strategies for sustainable growth. ― ED. Senior partner explains concerns of global investors By Park Jae-hyuk Domestic private equity firms (PEFs) have not been an exception among Korean companies that are emphasizing environmental, social and corporate governance standards (ESG) as their core management strategy for this year, as they speed up efforts to follow their foreign peers that have already established investment guidelines to take ESC into acc ....
Share it If there s no change in current promotion, attrition and external hiring rates, it may take about 95 years for Black private sector employees in the U.S. to reach parity in management positions 12% representation overall, according to McKinsey & Company. The inaugural report Race in the Workplace: The Black Experience released Feb. 22, surveyed 24 large companies and explored geographic and systemic barriers to provide insight on why Black workers are largely concentrated in frontline and entry-level jobs. This is the first comprehensive analysis of the experience of Black professionals in corporate America, according to McKinsey. We examined the entire U.S. private sector employment, which consists of about 225 million people who work in the private sector, of whom about 15 million are Black workers, James Manyika, chairman and director of McKinsey Global Institute and senior partner at McKinsey & Company, said during a virtual press conference Feb. 22. ....
McKinsey expects Korea to normalize in Q2 next year Posted : 2021-02-03 13:44 Updated : 2021-02-03 17:17 McKinsey & Company Managing Partner for Korea Andre Andonian speaks during a press conference at his company in Seoul, Monday. / Courtesy of McKinsey & Company Andonian concerned about lingering Seoul-Tokyo trade war By Park Jae-hyuk The Korean economy is unlikely to climb back to pre-pandemic levels until the second quarter of 2022, despite the government s ambitious plan to achieve a return to normal during the first half of this year, according to McKinsey & Company s managing partner for Korea. Andre Andonian, who became the new head of the global management consulting firm s Seoul office earlier this year, said in a recent press conference that there is little likelihood of a simple U-shaped recovery at this moment, so an economic recovery will take a bit longer. ....
Potential total compensation: $107,000 Booz Allen Hamilton is a government-focused consulting firm, and the company is in growth mode. With about 27,200 employees, the firm has clients in all the cabinet-level departments of the US government. Booz Allen s global-defense division supports the Army, Navy, Marine Corps, and Air Force, the company said. The consultancy added 208 people in the three months ending June 30, 2020 and increased its head count by about 1,000 over the past year, Insider previously reported. In an interview with Insider, Patricia Porter, vice president of global talent acquisition at the firm, shared that Booz Allen is continuing to invest in the recruitment for tech-focused and cybersecurity roles. The firm is also looking to hire healthcare consultants, she added. ....