McKinsey & Company
US-based worldwide management consulting firm
McKinsey & Company ▸ Facts ▸ Comments ▸ News ▸ Videos
McKinsey & Company is a United States-based management consulting firm, founded in 1926 by University of Chicago professor James O. McKinsey, that advises on strategic management to corporations, governments, and other organizations. Under the leadership of Marvin Bower, McKinsey expanded into Europe during the 1940s and 1950s. In the 1960s, McKinsey's Fred Gluck—along with Boston Consulting Group's Bruce Henderson, Bill Bain at Bain & Company, and Harvard Business School's Michael Porter—transformed corporate culture. A 1975 publication by McKinsey's John L. Neuman introduced a scheme of "overhead value analysis" that contributed to a downsizing trend that eliminated many jobs in middle management.
You Might Like
Pandemic takes a toll on women in the workforceA new report by the McKinsey consulting firm examines the impact the coronavirus pandemic has had on women in the workforce. Jess Huang, one of the co-authors of the report, joins CBSN to talk about..
New report shows how COVID-19 pandemic is impacting women in workplaceA new report from LeanIn.Org and McKinsey & Company reveals how the pandemic is impacting women in corporate America. One in four women are thinking about leaving the workforce or downshifting their..
Posthaste: The pandemic could wipe out $10 trillion in GDP growth in OECD countries: McKinseyGood morning, Prime Minister Justin Trudeau’s top lieutenants have been putting their heads together (at least virtually) over the past few weeks to come up with some kind of revolutionary plan to..
NFL's first Black team president, Jason Wright, lays out his plan for the Washington Football TeamThere was an historic hire in the NFL this week. The Washington Football Team announced Jason Wright will be its next team president. Wright, a former player and partner at McKinsey and Company, is the..
Exclusive: New York taps McKinsey to develop 'Trump-proof' economic reopening planNew York Governor Andrew Cuomo has hired high-powered consultants to develop a science-based plan for the safe economic reopening of the region that can thwart expected pressure from U.S. President..
Pete Buttigieg, the Political Junkie Who Is Running for PresidentPete Buttigieg’s stint at McKinsey gets more attention, but the time he spent driving “real people” around in a van for Al Gore might speak more directly to his candidacy.
Extinction Rebellion stage climate protest at McKinsey's London officeCivil disobedience group Extinction Rebellion staged a protest outside McKinsey & Company's London office on Friday to demand the consulting firm use its influence over companies and governments to..
Pete Buttigieg released names of clients while he worked at McKinseyPete Buttegeg faced mounting scrutiny for his lack of transparency about his client list from management consulting firm McKinsey and Company.
Pete Buttigieg Releases List of McKinsey ClientsThe list is the latest in a series of disclosures his campaign has made after it was criticized for lacking transparency.
McKinsey Gives Pete Buttigieg Permission to Disclose ClientsMr. Buttigieg will also open his fund-raisers to the press and identify people raising money for his campaign, in a significant concession from a candidate facing pressure over transparency.
Elizabeth Warren Earned $1.9 Million Over 3 Decades for Corporate and Legal WorkWhile demanding that an opponent, Pete Buttigieg, disclose his McKinsey clients, Ms. Warren provided a fuller explanation of her compensation as a legal consultant.
Buttigieg Struggles to Square Transparency With Lack of Disclosure on ConsultingMr. Buttigieg says he has no choice but to honor the nondisclosure agreement he signed while working for McKinsey & Company. Critics say it undermines his image of transparency.
When Pete Buttigieg Was One of McKinsey’s ‘Whiz Kids’The candidate, citing a nondisclosure agreement, has been largely mum about his stint at “the firm.” Former McKinsey employees helped fill in the blanks.
How McKinsey Helped the Trump Administration Carry Out Its Immigration PoliciesNewly uncovered documents show the consulting giant helped ICE find “detention savings opportunities” — including measures the agency’s staff sometimes viewed as too harsh on immigrants.
LA loses $36 billion a year from housing crunch, McKinsey saysBy Noah Buhayar, Bloomberg Los Angeles County loses out on as much as $36 billion in economic growth every year because people are paying too much to keep a roof over their heads. That’s the analysis..
Automation poses increased job risks for African American workersBlack workers in the fast-food, retail and customer-service industries are at higher risk of losing their jobs as companies invest more in labor-replacing technologies between now and 2030, according..
McKinsey & Co. to open its own store in Mall of AmericaAce management consulting firm is opening an experimental store at the country's biggest mall — first up: underwear
Canada appoints former McKinsey consultant envoy to China, business groups pleasedCanada has appointed veteran business consultant Dominic Barton as ambassador to China, Prime Minister Justin Trudeau said on Wednesday, as the government grapples with a major diplomatic and trade..
African Americans underserved by U.S. banks: studyMany African Americans have difficulty accumulating savings in part because they lack access to mainstream financial services like banking, a new study on the contributing factors to the U.S. racial..