BLUF
In this review of a book about the management consultants McKinsey, the Sydney Morning Herald notes that McKinsey engages in a whole raft of very dubious practices.Summary
New York Times journalists Walt Bogdanich and Michael Forsythe—in their new book When McKinsey Comes To Town—note the following about McKinsey's business practices:
- Worked with companies that did not follow the values McKinsey said it valued.
- Engaged in conflicts of interest by advising multiple companies within the same sector
- Had a conflict of interest by helping companies navigate regulations while at the same time working for regulators.
- Recommended that Disney should reduce safety inspections which would cut costs and improve Disney's profitability.
References
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References from the Web :
- SEP 2022 Book Review: “When McKinsey Comes to Town,” by Walt Bogdanich and Michael Forsythe - The New York Times (nytimes.com)
- OCT 2022 When McKinsey Comes to Town: The Hidden Influence of the World’s Most Powerful Consulting Firm – review | Business and finance books | The Guardian
