Every corporation in America plays both sides of the fence (Starbucks promotes indigenous bean growth yet puts down unionization); why expect a consulting firm to be any less mercenary for a buck?
@lisac33982 жыл бұрын
I liked the part about McKinsey's rigorous client selection process. Uh huh. It's the client who will pay them the most.
@JJJ_JJ12 жыл бұрын
Well said. No different from bankers who are willing to finance both/all sides of a conflict. They’re intrinsically immune to consequences as they are merely intermediaries.
@claimjumpers292 жыл бұрын
Even the government
@IntriguedLioness2 жыл бұрын
If my career was a tree I have had many varied branches and from a biochem background to PR to working for an international consulting firm. I would say the latter was the most difficult to feel good about myself at the end of the day. The recent hurricane that decimated our southeast coast has reminded me of an insurance company that my firm consulted. In the same time period after a major hurricane years ago, when they were chipping away at any payment to people who have lost their homes.. my firm chartered a 747 to fly all of the bigwigs and their families to Europe for appreciation of the income brought in by these homeowners payments. While the homeowners were struggling and living in FEMA trailers these guys were partying it up in Europe. I walked soon after that.
@stevechance1502 жыл бұрын
I've worked for a consulting company. They have ZERO loyalty to their employees. I'll NEVER go back to working for a Consulting company!
@paranoidhumanoid2 жыл бұрын
OMG, that's awful! I guess the execs also brought a bunch of opioids with them to party it up in Europe at the expense of the hurricane survivors. 🤮
@IntriguedLioness2 жыл бұрын
@@stevechance150 the work itself was never dull, but people are just numbers. Employees or not it's as if control was all that mattered. I've never looked back.
@godanddevil.53312 жыл бұрын
Sell them all other countries stock market. Reset the equity stock market is much better
@godanddevil.53312 жыл бұрын
Buy silver than crypto
@philipciaffa66432 жыл бұрын
An eight minute segment will not put a dent in their armor, but makes for a useful introduction to a fascinating hidden world. The average viewer hasn't even a clue.
@godanddevil.53312 жыл бұрын
Sell them all other countries stock market. Reset the equity stock market is much better
@godanddevil.53312 жыл бұрын
Buy silver than crypto
@ppumpkin32822 жыл бұрын
I've seen McKinsey from the inside, they are essentially an organization that builds influence and power - not so much expertise.
@SometimesPerplexed19 күн бұрын
An eight minute segment doesn’t mean much, but maybe if you read the book that the segment promotes, you’ll leave something.
@markburnham75122 жыл бұрын
Back in the 90s, the big corporation I worked at was McKinsey'd. It is a simple process really. They make the executives/managers ruthless, if they aren't already. Any individual that doesn't go along is out. This rule goes all the way to the top.
@macgp442 жыл бұрын
Hey, they're just making businesses more efficient and profitable. Are you a cOmMuNiSt? /s
@jmn12382 жыл бұрын
Jeff Skilling and Mike Pearson is all I Need to know. I won’t invest in a company with anyone that worked there in the past.
@conor24392 жыл бұрын
McKinsey's business model is to assign a dozen $5000/day consultants to spend months writing an elaborate report recommending what the guy who hired them was going to do in the first place, so there will be shared blame when it all blows up.
@EnronnSierra2 жыл бұрын
When I tried to visualize the type of 'dudes' who worked at McKinsey, the two guys that use to work there immediately hit the nail on the head. 😁😁
@christopherthide66802 жыл бұрын
The shocking revelation that consulting firms will do anything to make money. I am flabbergasted
@ronaldo198322 жыл бұрын
Hahaha exactly
@saraxdouglas85772 жыл бұрын
Sarcasm must be your superpower ❤️☮️🙏
@claimjumpers292 жыл бұрын
Don't be so surprised
@arizonawut2 жыл бұрын
Lol
@10-minutebusinessinsights2 жыл бұрын
no, this is not true for all circumstances. I was with McKinsey for 4.5 years but didn't make partner. when I was an EM (engagement/project manager), the CEO fired me and my team because I told him his company didn't have the capabilities to be successful in venture capital. when I was an Associate Principal (just below partner), we stopped a project because we knew the client wouldn't implement our recommendations. in both situations, we walked away from money. true stories
@tommccabe10192 жыл бұрын
If you pay a 600 million dollar settlement ? Your guilty.
@Priyanka.Aarya772 жыл бұрын
You’re
@claimjumpers292 жыл бұрын
Not always
@sfneurosurgeon2 жыл бұрын
I once worked for a management consulting firm that was hired by a company to fix the mess that the McKinsey ‘experts’ had created in their operations. McKinsey guys may be intelligent, but they weren’t practical.
@jennyh77292 жыл бұрын
100 percent. Me too. Often you need to hire another company like Deloitte Accenture etc... Or one that focuses in a specific industry or function say HR, operations ( lots of sub ops depending on industry) etc to implement the vision. Often there is conflict. Industries have been pulling back on lots of strategy since the heyday
@geobioexploring2 жыл бұрын
The way you put it sounds like your management consulting firm is much better. I am curious if you guys could do some self reflection and write about cases where your firm messed up and the clients had to hire others to fix the mess. And why would you think these McKinsey guys are intelligent, yet impractical? Is it not impractical advice is also ineffective and not intelligent?
@the3idiots142 жыл бұрын
Are you a consultant or neurosurgeon now?
@jnesis5552 жыл бұрын
Intelligent, but not practical. The executives they position into companies they consult for are the same… smart people, but impractical.
@geobioexploring2 жыл бұрын
Impractical leads to ineffectiveness, as consultants or advisors, how could that be intelligent or smart?
@kwasibruce2 жыл бұрын
Around 2017, Ghana's Ministry of Finance employed McKinsey's services to consult for a 6-figure payment. That created an uproar in the country after the minority caucus of the country's parliamentary select committee on finance exposed the government's dealings with the said company, the firm left afterwards.
@lm_b50802 жыл бұрын
consulting firms destroyed Africa, no doubt about it. the horrors of the big 4 & big 3 across the continent is shocking
@bobfognozzle2 жыл бұрын
These fools were hired by ‘a large electric utility in Virginia’ they brought in a horde of twenty somethings who divided us into groups and encouraged us to talk about our work processes. My group was mostly engineers. We quickly realised that they had a pre-formed model of what the engineering department at an electric utility should look like and they only pretended to listen. They met with half of us in the morning and the other half in the afternoons. My friend would tell them a ‘fairy tale’ in the morning and I would hear it in a slightly modified form in the afternoon passed off as an ‘insight developed by the consultant’ It became comical how little these people actually knew about engineering. The end result was a re-organization and personal cuts which we suffered through for the next several years. The end result was a significant increase in the risk to the health and safety of the public.
@zoekenny36192 жыл бұрын
And then all the losers who go and do MBAs to give their flailing careers a boost try to emulate all these silly games and end up looking like complete fools. My ex-boss was like that. We're talking about a small-sized (50+ employees) English as a Second Language college. We basically loathed each other and I think at one point he even tried to do some kind of 'performance analysis' routine possibly as a means to lay the groundwork to get rid of me (and maybe others). He was just a silly silly man who didn't know the limits of his own intelligence and charisma (lacking in both areas).
@Fat897892 жыл бұрын
One of the reason my country’s power utility is struggling is because of these guys. Now it’s a shadow of its former self. The only good thing is at least they have been charged in court together with their stooges. All their shenanigans will be laid out in open court.
@leospaceman29762 жыл бұрын
Sounds like consulting (and auditing) in a nutshell! Seriously, what’s someone fresh out of school going to know about an industry after being on the job for a few days/weeks. These are your consultants, not the partners who actually know things.
@jrzyboy762 ай бұрын
They are at the large electric utility I work at right now.
@cestwhat13172 жыл бұрын
Welcome to McKinsey. Check your principles at the door.
@Wendywonder1232 жыл бұрын
I still remember BCG told me at a school recruiting event that they only do strategy, not execution, and if their stake holder wants certain conclusion, they’ll do it. And when I went on to the corporate world, i uncovered a McKinsey study that my then employer hired them to do years ago which was useless because it’s just beautiful charts and numbers but unimplementable
@bencarter78392 жыл бұрын
Why should McKinsey be expected to disclose their client list or their fees? They're a private company.
@jimbojimbo68732 жыл бұрын
Never ceases to amaze me how much people complain about consultants yet, with any exception, always use them
@MikeYoungeasytravel2 жыл бұрын
Some of the worst individuals I know worked at McKinsey!
@semipenguin2 жыл бұрын
There was a great episode of Fresh Air this week about McKinsey
@solitarybeag2 жыл бұрын
Years ago, probably in the 80s, my dad, a WWII vet, quietly stated how he disliked the idea of globalization. I didn’t understand. He became an adult under Roosevelt & Eisenhower. Several years ago, I finally understood his concern. McKinsey seems to embody that concern.
@SandyWolf-2 жыл бұрын
Definitely 👍
@godanddevil.53312 жыл бұрын
Buy silver than crypto
@godanddevil.53312 жыл бұрын
Sell them all other countries stock market. Reset the equity stock market is much better
@bloatedsodium73012 жыл бұрын
Im not a McKinsey employee, but I’d like to advise everyone to have a great day!
@khemkaslehrling38402 жыл бұрын
I've been on the receiving end of management initiated mckinsey engagements. The consultants were arrogant, elitist, over confident, lacked real world experience, and showed little interest in understanding our situation well enough to be capable of providing advise. We learned that often, mckinsey is brought in so the firm can say "we worked with mckinsey."
@claimjumpers292 жыл бұрын
If that were true , they wouldn't be were there at!
@lisettegarcia2 жыл бұрын
McKinsey: dreading the book's release Boston Consulting: bitter nobody is writing a hit piece on them
@Jabberstax2 жыл бұрын
Right! No such thing as bad publicity.
@DavidLongo222 жыл бұрын
Many in corporate America are quite familiar with this, and some even refer to "The McKinsey Model", which is generating influence through placement. It's impossible to miss that so many corporate & political leaders come by way of McKinsey.
@ppumpkin32822 жыл бұрын
Once we got three former McKinsey partners on our board, the company went down hill. They brought in their consultants, they made changes to the board that anyone over 75 was out - and those tended to be the most knowledgeable with the most power, then they brought people in their network on the board and controlled the company. McKensey also has a special relationship with Price Waterhouse, so they brought in retired Pwc partners to the board, and hired PwC as auditors. McKinsey's essential expertise is power and influences. It's partners join all the country clubs and get to know company executives and work their way in. When they do consulting, they are the example of a consultant "who borrows your watch to tell you what time it is". They ask everyone in management for ideas and the cull the best ones and present them. They get management to make everyone fearful of not cooperating. In a way they are also like IBM in the old days. People would always hire IBM, because "no one ever got fired for hiring IBM". The real problem is management is not doing their job. If they need McKinsey to tell management what do to, then management should be fired.
@DavidLongo222 жыл бұрын
@@ppumpkin3282 " If they need McKinsey to tell management what do to, then management should be fired." Standing ovation here. 👍👍👍👍👍
@evslone2 жыл бұрын
This country desperately needs more truth seekers like Rep. Katie Porter.
@Will-ge7ri2 жыл бұрын
Absolute fox
@rbslammed61632 жыл бұрын
We need voters who don’t continue making excuses to reward corrupt dishonest opportunistic sociopaths bc they think they are part of the team. We need to clean our own house (party) up before we start complaining about the other side. Joe Biden and Donald Trump are substantively the exact same person and if your reflex to this is to think that’s a crazy statement then the fact is you simply haven’t made the effort to look at who Joe Biden has always been, not who corporate press try to reinvent him as. Well their is one difference, Trump will never ever be able to do as much damage to our nation as Joe Biden has, their just isn’t enough time left.
@ak2032 жыл бұрын
You are confusing acting with substance.
@andybaldman2 жыл бұрын
“This book fundamentally misrepresents our company. But we can’t actually say how.” Typical corporate BS.
@harshilpatel96432 жыл бұрын
They are still working on the pyramid structure PowerPoint.
@ronjr8312 жыл бұрын
They fire workers and ruin their lives. What else ? Charge outrageous fees.
@dtylice2 жыл бұрын
Go KATIE! Thank you!
@gurujr2 жыл бұрын
I would think McKinsey for its own reputation wouldn't confirm or deny it consulted for the state of Mississippi.
@AlwaysOn7022 жыл бұрын
A "bad" company? According to whom? If you don't like how their clients play, don't buy their products/services. If there were criminal acts, there's a judicial process for that. Otherwise this is all hearsay and book promotion.
@austinkautzer41962 жыл бұрын
Right?! Who are they to get to define who the bad actors are?
@ichsannurzaman69042 жыл бұрын
Consultant doesn't necessarily change the world. Sometimes, the leaders just need internal approval of their idea from external point of view so if there's a mess, the leaders will just say "It's the snobbish McKinsey consultant that lead us to this mess" While McKinsey can always switch on and off their claimants when they see fit. If good things happen from the client they worked with "You know, it was because my advice they did that," If things went messy "They were tough as a client. Really stubborn and when they implemented our recommendation, they didn't go all-in. That's why it leads to that,"
@Blashmack Жыл бұрын
Exactly this! Corporate leaders need to have some insurance if their big idea turns out to be a dud. That is why you hire a consulting firm who basically understands they are paid to take the client's idea, maybe massage the numbers a bit and create a story (in a PowerPoint deck) which can be sold to other corporate leaders. In case the big idea doesn't deliver what is was supposed to deliver - "Well, it wasn't me, it was the consultants. Better hire a new consulting firm to fix this mess..." and the show goes on again.
@justjoan40102 жыл бұрын
Enough is never enough for these kind of people. Greed never disappoints.
@macgp442 жыл бұрын
Hey, they're just making businesses more efficient and profitable. Are you a cOmMuNiSt? /s
@JeffreyKahnartist2 жыл бұрын
Another example of unbridled greed hiding behind the benevolent mask of capitalism.
@sebeckley2 жыл бұрын
McKinsey's new client selection guidelines are probably price increases to weed out cheapskates.
@jeanetteschock47442 жыл бұрын
Katie Porter is the best
@maryannkochanski57772 жыл бұрын
Very informative!❤
@susiesmith5462 жыл бұрын
Need 10 "Katie Porters" to bring this Global giant down. What a discredit to all global students who work for this Consulting company.
@masewoods83372 жыл бұрын
In the 90's, I wrote the all the Fund to Fund software for Mckinsey. The systems where the McKinsey firm members had their wealth. I am the son of a NYC cab driver who went to state school. When their fancy private school kids could not monitor the billions of dollars, I did it. I knew I could never work for McKinsey, but I also knew I knew how to count and make better systems then the rich kids did. They used my systems for over a dozen years.
@thezfunk2 жыл бұрын
I was reading somewhere that Harvard students are 60% legacy students at this point. They no longer take the best and brightest, if they ever did. They take those with money, power, and influence. You don't have to be smart to be born into that.
@ronaldo198322 жыл бұрын
That’s fascinating. What did you end doing after that if I may ask?
@masewoods83372 жыл бұрын
@@ronaldo19832 I designed systems my entire career. Wall st and communications. Now I combine payment processing with communications and am launching that now.
@godanddevil.53312 жыл бұрын
Buy silver than crypto currency
@godanddevil.53312 жыл бұрын
Sell them all other countries stock market. Reset the equity stock market is much better
@jg58752 жыл бұрын
McKinsey, Bain, and BCG are the leading consulting firms. Not very secretive on what they do though….thousands of former consultants are out there talking about what they did. No need to make ‘em sound like CIA paramilitary
@stuartAF8882 жыл бұрын
“If you go to a 7-Eleven . . .” Also, “I’ve never once mentioned a client name.” Lol
@RaymondHng2 жыл бұрын
The three consulting firms widely regarded as constituting the Big Three are McKinsey & Company, Bain & Company and Boston Consulting Group.
@Betts7112 жыл бұрын
I’m in constant fear of all the evil in this world. It’s only going to lead to complete destruction of us all.
@revelationakagoldeneagle80452 жыл бұрын
God wants us to be filled with hope and trust, not fear. He has given us hope through the promise that He can uphold us by His strength today. And He has also promised those who have faith in Jesus Christ for their salvation a life of eternity with Him. As such, we should not be partakers of the world's fears. Instead, we should "sanctify the Lord of hosts Himself; and let Him be" our fear (Isaiah 8:13). Throughout Scripture, the Lord admonished His people not to fear the world. Why? The answer is twofold: (1) the Lord was with them (Genesis 26:24) and (2) fear of the world yields bondage (Proverbs 29:25). This worldly bondage never originates with the Lord (Romans 8:15) for He has given Christians a sound mind (2 Timothy 1:7). We need not fear those who can destroy the body (Matthew 10:28); rather, we ought to say the Lord is our helper, and we will not fear what men will do unto us (Hebrews 13:6). Unlike worldly fear that creates alarm and anxiety, Godly fear is a source of peace, assurance and confidence. 🙏 💜 🙏 👑 👆 Look to the King of Kings The Lord of Lords Jesus Christ
@pierrejules86962 жыл бұрын
Amen but someone who Dont have a clue as to what you mean but i. Whatever tou do , do it unto the lord amen. People were already headed in the last days Lord ill stay unattached from the things and people of this world
@HH-xs2gm2 жыл бұрын
Its not exactly a secret.. Working as a management consultant, we simply put the most forefront research into new best practices for companies.
@TheSkinnychef1620 Жыл бұрын
To whose benefit? At whose ultimate expense?
@jeffpetrie77442 жыл бұрын
So: These young, bright Americans are dedicating their lives to making Corporate America stronger?! The rich, richer?! JFC: NO THANK YOU. - There are far better ways to make a difference. These people will not be remembered for anything but their greed.
@harshilpatel96432 жыл бұрын
Lol 80% of Americans are described in your statement
@erpduocg25892 жыл бұрын
Thx!
@aarononeal98302 жыл бұрын
CBS News needs to talk about Ecosia they are a search engine that plants trees
@ericjusteennewton92262 жыл бұрын
The love of money is the root of all evil.
@juancarlosvaleron48502 жыл бұрын
I think you will need to solve the demand side dynamics. I think there should be a probe to see if companies with high concentration of ex-Mckinsey people who recieve significantly higher share of business from Mckinsey currently and that should be choked off by the regulators to avoid conflict of interest issues. This is less a Mckinsey issue and more a regulator issue. Influence politics is extremely bad for a country priding itself on meritocracy and leads to group think.
@ramiyazje2 жыл бұрын
I worked in a previous life with an international consulting firm in London, UK. The experience was so horrific that now, looking back, I feel like I was raped!
@tiffanyperson34742 жыл бұрын
I worked at Valeant Pharmaceuticals when J. Michael Pearson, spawn of McKinsey with no prior pharma experience, was brought on as CEO. I was laid off with 80 others when he eliminated R&D in 2008-09 and being "financially raped" is exactly the phrase that came to mind when going thru that experience. You hit the nail on the head.
@lindadorman28692 жыл бұрын
It's not the role of a consulting company to set moral imperatives for their clients. Consultants use data to develop strategic options for organizations/governments and it's up to clients to determine which path to follow, understanding both positive/negative impact. The best consultants present all possible outcomes without judgement or bias. I've worked with McKinsey - nothing they did was different except they have a broader scope and set of resources from which to draw.
@ronaldo198322 жыл бұрын
Yep.
@harshilpatel96432 жыл бұрын
Your statement is correct unless it is in the scope/statement of work lol
@justusgreen84982 жыл бұрын
yeah mckinsey is smart. “i’ll help you see the way but it’s up to you to go”
@tucker80712 жыл бұрын
Yeah, they are just a catalyst. Having said that, it's a lie for them to pretend they have moral high ground in environmental issues and then some of their largest clients be oil companies.
@MarioMariaMario2 жыл бұрын
People love to hate on shady firms, whether they're shady or not
@marla5912 жыл бұрын
CBS... DO DISNEY NEXT. I DARE YOU.
@kromyzal2382 жыл бұрын
McKinsey was the consulting company who advised health insurers to start declining many claims to increase profits.
@zoekenny36192 жыл бұрын
That sounds about right.
@billh.19402 жыл бұрын
And they paid for advice they already knew? The insurance industry is based on pay in, never pay out! If they could figure out how to keep you alive forever, we would live forever, then no payout for life insurance!
@tobechukwuolumba73372 жыл бұрын
I didn't work at McKinsey & Co., but I work for a nonprofit as an accounting assistant.
@luciboras2 жыл бұрын
The larger the corporations the unlimited resources at their disposals and able to manipulate the public, markets and government candidates. Should we remain small government or better government in regulating bad corporates behavior. We all co-exist together and play certain roll in society as the public, businesses and government, however when one party behave badly, then it should be removed. Corporations and government run by the people with flawed behavior and personal greed, that is one reasons there need to be laws for penalties and punishments When public citizens behave badly they are penalized and punished, why hasn't corporations be held to the same standard requirements.
@Preppie-thirty2 жыл бұрын
They are protected rather than punished because a conflict of interest exists btw government, said company and Mckinsey ie corruption.
@pamelamays41862 жыл бұрын
Very clever how CBS Sunday Morning manages to slide in a plug for their parent company during each episode.
@richmoves2 жыл бұрын
I wouldn't say the company mention here is a plug.
@EastSide-qc5oy2 жыл бұрын
WTF? Are you smoking something? Um, that was not a plug. That was quite obviously a disclosure that in the past their parent company had hired the subject of this piece. It’s considered standard journalistic practice to disclose such past associations.
@georgeklimes76042 жыл бұрын
Wrong. That is basic journalistic ethics - disclosure that you had a relationship with them.
@ljacobs3572 жыл бұрын
Worked with them in the 80’s on a few transportation projects. Intense experience, but you learn a lot from them. For employees, it is about moving up the corporate ladder. They don’t discriminate with their client base.
@held2157 Жыл бұрын
Disagree. See Best Buy controversy
@mm78462 жыл бұрын
This is the same approaches for all international consulting firms
@alexbastani91502 жыл бұрын
Wait, no reference to the fact that the current Secretary of Transportation who is on the short list to be the next Democratic nominee for President worked for McKinsey? And before the comments come for me, not I am not a MAGA and would gladly second any motion to replace Katie Porter in the aforementioned short list over Wall Street Pete.
@davidsessera13372 жыл бұрын
Thanks for the info. Somehow I missed the news that Pete worked at the firm for 2 1/2 years. He said he believes his work did not result in any loss of jobs, nor people losing their insurance, but led companies to increase efficiency and reduce overhead expenditures. Comforting to know.
@georgeklimes76042 жыл бұрын
What relevance does that give given he has no position relating to any of what the story was about?
@EscapedTexan2 жыл бұрын
Good piece, I'd never heard of McKinsey before, at least not to my recollection. Nefarious in some cases, indeed.
@lisawood27802 жыл бұрын
They seem to have way too much power.
@tccragun2 жыл бұрын
And, I would add, influence.
@emich282 жыл бұрын
So they could have been working for both WCW and WWE at the same time.
@tommccabe10192 жыл бұрын
I wish the reporters would doggedly pursue stories that matter to the rest of us!
@susannpatton28932 жыл бұрын
they aren't allowed to be investigative reporters anymore, they find the wrong that the big guys don't want you to know. watch the young turks
@stevechance1502 жыл бұрын
I've worked for a consulting company. They have ZERO loyalty to their employees. I'll NEVER go back to working for a Consulting company!
@godanddevil.53312 жыл бұрын
Buy silver than crypto currency
@godanddevil.53312 жыл бұрын
Sell them all other countries stock market. Reset the equity stock market is much better
@georgeklimes76042 жыл бұрын
This story is one of them.
@TYUAN20092 жыл бұрын
These consulting firms are overhyped- especially in today's environment. They are often wrong in their analysis.
@harshilpatel96432 жыл бұрын
True but lots of reasons to why they maybe wrong and companies still find use for them.
@GENIUSA1A2 жыл бұрын
Ethics always seems to go out the door for companies when money is involved
@shileno192 жыл бұрын
"they steal your watch and tell you the time"
@resolute13062 жыл бұрын
Their advice is not worth it. Never came across a McKinsey consultant who truly knew their stuff. But they are good salespeople and know how to talk.
@Fatmanstan6062 жыл бұрын
Consultants, investment bankers and PR firms ruined/ing this world, I say this as a former consultant and banker
@Flywithdean2 жыл бұрын
That firm is insane - US Banks VC of consumer lending came from there; Sketchy practices
@STELLASCUTENESS2 жыл бұрын
You say, “to be far” and then state something utterly unfair.
@manonamission20002 жыл бұрын
"Outsourcing"... nuff said
@RaviWadan2 жыл бұрын
This story only talks about the negative impact McKinsey has had. The story is too one sided. You could literally find something negative to talk about with any major corporation on planet earth.
@paulff3 Жыл бұрын
They were just in my company and now people are getting laid off left and right.
@ZaddyOG2 жыл бұрын
Porter is the one that needs to be President.
@ErichBSmith3 ай бұрын
I am tired of do-gooders - whether they are from the right or left - run a purity test on such things. Call me morally ambiguous, but I don't have a problem with big companies representing clients with different agendas. It's called facilitating the free-flow of information in the marketplace of ideas. It just so happens that it pays very well.
@jairuscheng45072 жыл бұрын
Lol this is funny. It’s not a prestigious job once you get in
@fezario2 жыл бұрын
The analysis in this report is not MECE. We suggest you try to be more structured.
@TC-lk2ev2 жыл бұрын
lmao.
@evilish8882 жыл бұрын
If I can't find the answers from consulting (asking) the personal within my own company then I hired the wrong people
@zeldasmith61542 жыл бұрын
Personal?
@drac1242 жыл бұрын
An external view is usually very useful.
@harshilpatel96432 жыл бұрын
AlixPartners is having a field day with this scrutiny of McKinsey
@SandyWolf-2 жыл бұрын
Sounds like a dangerous company!
@davidpowellseattle2 жыл бұрын
Wonder what kind of work they do for Koch Industries? Wait.....I'm not sure I want to know.
@silverchairsg2 жыл бұрын
Wait, McKinsey's advice actually worked for the opioid companies? Wow.
@taubevictor89892 жыл бұрын
GET THEM OUT OF GOVERNMENT !!!
@thomaswilke63122 жыл бұрын
Maybe there should be a movie about this company starring Saoirse Ronan and Greta Gerwig as undercover McKinsey consultants
@gurujr2 жыл бұрын
How about bringing back Owen Wilson and Vince Vaughn.
@swampy12342 жыл бұрын
Is this supposed to be an advert for them, or an expose?
@striker442 жыл бұрын
Consulting companies are the bane of society.
@ctbt18322 жыл бұрын
It’s time for the reporter to retire
@ZaddyOG2 жыл бұрын
One billion dollars from taxpayers to change the laws and coverup profits. Couldn’t do it alone.
@Omar-sq6zz Жыл бұрын
Would not be a breach of confidentiality!!!
@jadenaxi57962 жыл бұрын
What the reporters investigated had been revealed by others. See Wikipedia.
@andrewholt24252 жыл бұрын
There telling the truth. They don't do the best thing for people, they serve the bottom line, without remorse, without emotional investment. Most people worship money, and love the opinion of man...
@SuperLooneyrooney2 жыл бұрын
I'm a small, local farmer who makes a living providing food to these snotty nose kids. I would love for them to "consult" me on how to transform my farm from a one person operation to a 0 person farm so i can sit back and watch them die off from starvation when the SHTF and i sell/barter my goods to only those that i want to. Most of these kids couldn't start a campfire if their lives depended on it.
@williamyelton22272 жыл бұрын
Wow - actual hard hitting journalist going after the powerful. Kudos CBS
@prateeksarin35552 жыл бұрын
It’s the guys who make the firm they are really really smart people IIT
@realdeal1392 жыл бұрын
Mckinsey does not pass the smell test.
@Melissa07742 жыл бұрын
Before I clicked on this video I thought it was going to be about the sex researcher.
@dbsk06 Жыл бұрын
I think this story has a sensationalist element. It’s not a secretive company … it’s just a consulting company that solves business problems and of course it won’t disclose its clients just as a bank doesn’t disclose who it’s advising and on what until the deal is announced
@antonomaseapophasis51422 жыл бұрын
Include the French government I the list of clients. Needless to say, the French were not at all pleased, and it is not clear that McKinsey really understood the project they were charging astronomical sums to work on.
@Sailingbill12 жыл бұрын
Ok sorry. Granted McKinsey is quite arrogant and is the most prestigious management consulting firm in the world, BUT if they are working for Purdue and the FDA at the same time it is the FDA's responsibility to do their own conflict of interest due diligence and have in their services agreements with firms that state FDA conflict policy. Is McKinsey to be blamed because they worked with both Purdue and the FDA and now the public shaming committee is calling foul....? The FDA should be held accountable, not McKinsey. Management Consultants are not held to the same ethical standards as CPA's or lawyers, but to now twist the story to put McKinsey on the Shaming Block is just out of line. As a long fan of Sunday Morning I have to say this was really a disappointing waste of 8:26 minutes. Should we also look into the bowels of the Media and the twisted and misguided influence on the public.....? Very hypocritical I must say. Oh, didnt the government give the Slacker family a pass when it finally settled the Opioide lawsuit......? Perhaps the Madam Congresswoman should work to ensure the government is working at the highest standard.....
@billybob23722 жыл бұрын
McKinsey didn't do a good job advising how to grow green lawns
@gnmschulze2 жыл бұрын
I was working with people from the big 4 and McKinsey.....they were not really the brightest candles on the cake....there is more sound to the names than substance....
@Will-ge7ri2 жыл бұрын
What is this a story? They’re a consulting firm. That’s their job.