Download Audiobook When McKinsey Comes to Town: The Hidden Influence of the World’s Most Powerful Consulting Firm by Walt Bogdanich in English

When McKinsey Comes to Town: The Hidden Influence of the World's Most Powerful Consulting Firm


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NEW YORK TIMES BESTSELLER An explosive, deeply reported exposé of McKinsey & Firm, the worldwide consulting agency that advises firms and governments, that highlights the customarily drastic influence of its work on staff and residents around the globe”Meticulously reported, and finally devastating, this is a vital e book.”—Patrick Radden Keefe, New York Occasions bestselling writer of Empire of Ache and Say NothingMcKinsey & Firm is essentially the most prestigious consulting firm on the planet, incomes billions of {dollars} in charges from main firms and governments who flip to it to maximise their earnings and improve effectivity. McKinsey’s vaunted assertion of values asserts that its position is to make the world a greater place, and its popularity for excellence and discretion attracts prime expertise from universities around the globe. However what does it really do?In When McKinsey Involves City, two prizewinning investigative journalists have written a portrait of the corporate sharply at odds with its public picture. Usually McKinsey’s recommendation boils right down to main cost-cutting, together with layoffs and upkeep reductions, to drive up short-term earnings, thereby boosting an organization’s inventory value and the wealth of its executives who rent it, on the expense of employees and security measures. McKinsey collects hundreds of thousands of {dollars} advising authorities businesses that additionally regulate McKinsey’s company shoppers. And the agency often advises rivals in the identical industries, however denies that this presents any battle of curiosity.In a single telling instance, McKinsey suggested a Chinese language engineering firm allied with the communist authorities which constructed synthetic islands, now used as staging grounds for the Chinese language Navy—whereas on the identical time taking tens of hundreds of thousands of {dollars} from the Pentagon, whose chief goal is to counter Chinese language aggression.Shielded by NDAs, McKinsey has escaped public scrutiny regardless of its position in advising tobacco and vaping corporations, purveyors of opioids, repressive governments, and oil corporations. McKinsey helped insurance coverage corporations’ enhance their earnings by making it extremely troublesome for accident victims to get funds; labored its U.S. authorities contacts to let Wall Road corporations evade scrutiny; enabled corruption in growing international locations corresponding to South Africa; undermined health-care applications in states throughout the nation. And way more.Bogdanich and Forsythe have penetrated the veil of secrecy surrounding McKinsey by conducting tons of of interviews, acquiring tens of hundreds of revelatory paperwork, and following rule #1 of investigative reporting: Observe the cash.When McKinsey Involves City is a landmark work of investigative reporting that quantities to a devastating portrait of a agency whose work has typically made the world extra unequal, extra corrupt, and extra harmful.