In 1944 McKinsey established a presence inSan Francisco, and in 1952 the firm recommended that theEisenhoweradministration create the role of chief of staff. Six years later, the company worked withNASAto define the agency’s organizational structure. McKinsey expanded internationally in 1959, opening...
McKinsey & Company is a global management consulting firm known for its prestige, high-profile clientele, and controversies.
Two years after Dieselgate, the impact of the diesel emissions scandal on final demand appears to be smaller than many expected,... Blog Post US natural gas market reaction to the ‘Bomb Cyclone’ March 5, 2018 - Cold weather led to record demand and storage withdrawals which increased pric...
a Major League Baseball cheating scandal, or safety incidents at a theme park—that we simply had nothing to do with. Perhaps this is why the book contains more than a dozen disclaimers, across these and other issues
says Nayar. After an accounting scandal rocked Tyco in 2002, the immediate priority was to stabilize the company’s finances, he says. “When I came on board a few years later, the goal was to bring in strong controls so nothing that had happened in the past would ever happen again.”...
One leading retail bank, to take another case, found itself prominently featured in a national scandal in which several financial institutions in the country had committed different regulatory breaches. The harsh negative publicity prompted hard thinking about the...
One leading retail bank, to take another case, found itself prominently featured in a national scandal in which several financial institutions in the country had committed different regulatory breaches. The harsh negative publicity prompted hard thinking abou...
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 ...
Some boards realize the extent to which they have relinquished their authority only when the CEO changes or something goes wrong, such as a crisis or scandal. Boards can take a number of steps to protect their authority and independence. First, they should ensure that different individuals ...
McKinsey’s conversion to glasnost has been partly forced by anembarrassing scandalin South Africa, where the firm, along with other international companies, became entangled in government corruption linked to the controversial Gupta family. Initially, McKinsey was aloof and unapologetic. ...