McKinsey & Company is a global management consulting firm known for its prestige, high-profile clientele, and controversies.
McKinsey & Company has a 91 year reputation for taking businesses to the next level or in some cases to their demise. Never the less it is a sought out place to work and thrive. Joe Ngai, Director and Managing Partner for McKinsey in Hong Kong lets us know what it takes. Move up...
“You guys manage this for us,” and hand it off, because you then can’t internalize the insights. You also lose all those advantages that corporations have around expertise, access to assets, your brand, your markets—you essentially become another limi...
the company’s former president, George W. Merck, was on the cover ofTimebecause he gave a speech at a medical school in which he said, “Medicine is for the people, not for the profits.” Every Merck employee knows and believes in that quote. When I became CEO, I felt ...
Another globally impactful Chinese company is DJI, the drone maker. There are many more like them that are starting to bubble up and have a global effect. I think we’re going to see more of those, which is exciting for us as journalists to watch and interesting for consumers around ...
there are certainly dedicated funds toward decarbonization that are increasing. There has been a lot of debate and controversy recently around ESG [environmental, social, and governance] funds, and this is quite different regionally. When you talk about North America, the nuance is different than ...
Eighty percent say they remember at least one scandal or controversy involving a company. About 65 percent try to learn the origins of anything they buy—where it is made, what it is made from, and how it is made. About 80 percent refuse to buy goods from companies involved in s...
of current global production is in Australia and Chile, so these countries have an outsize impact on supply.3,” McKinsey, April 12, 2022.Similarly, the majority of global cobalt production is in the Democratic Republic of the Congo, where its extraction has been a source of...
Despite the many associated risks, some large brands will be willing to court controversy to express beliefs, particularly luxury players, which will seek to attract younger consumer groups looking to trade up. There are clear benefits from doing so, and the more that companies express an authenti...
proactive engagement on the part of the CMO to make sure that the CEO, who ultimately is responsible for the growth of the company; the CFO, who is the gatekeeper to the funding; and the board, who effectively hires and guides the entire C-suite, are fully aligned on what the biggest ...