McKinsey & Company | Global news | Page 2

An overview of McKinsey & Company global news:

United Kingdom

Customer services leaders concerned by scaling difficulties for GenAI pilots Customer care leaders believe that Generative AI will soon be a defining feature of their sector, with four-in-five predicting their investments in the technology will increase.
17 September 2024
United Kingdom

What the MBB can learn from smaller strategy brands The offering of top strategy consultants has come under fire in recent months, with a survey suggesting that their “one-size-fits-all” approach is leaving many clients frustrated.
12 September 2024
United States

Mattel hires ex-McKinsey partner Ken Wee as chief strategy officer Mattel, a toy manufacturing and entertainment company, has hired former McKinsey partner Ken Wee as EVP and chief strategy officer.
11 September 2024
United Kingdom

MBB strategy consultancies panned as ‘no help at all’ by project managers The world’s three largest strategy consulting firms are little to no help when engaged for corporate transformations, according to a new industry survey.
23 August 2024
Philippines

President of the Philippines meets with senior McKinsey delegation The President of the Philippines, Ferdinand Marcos Junior, welcomed a senior delegation from McKinsey & Company on Thursday at Malacañan Palace with the hope that the management firm could play a rol
15 August 2024
Canada

Auditor general says feds didn’t follow rules on awarding McKinsey contracts The federal government failed to follow procurement rules and was unable to show it got value for money in its contracts to consulting firm McKinsey & Company, according to a report from Auditor Gene
05 June 2024
Pakistan

Pakistan selects McKinsey for tax collection overhaul In a bid to fully digitalise its federal tax authority, Pakistan has signed a deal with McKinsey & Company, which will spearhead the design and roll-out of the new system.
21 May 2024
United States

McKinsey releases 2023 ESG report McKinsey & Company yesterday released its 2023 environmental, social, and governance (ESG) report, which chronicles how the consultancy has partnered with clients, colleagues, and communities to driv
16 May 2024
Europe

Global private markets fundraising falls to 6-year low: $1,000 billion Fundraising by private sector companies and funds fell to a six-year low last year, hitting just over $1,000 billion, with Asia the region impacted the most.
14 May 2024
United Kingdom

WEF and McKinsey: Space economy to hit $1.8 trillion by 2035 Earth’s dwindling resources have been over-exploited for decades, and as the resulting supply chain disruption and price inflation sees the world’s leading economies struggle for growth, many busines
01 May 2024
Canada

Federal procurement watchdog finds ‘perception of favoritism’ toward McKinsey A March report from Alexander Jeglic, Canada’s procurement ombudsman, found a “strong perception of favoritism” in its awarding of contracts to consulting firm McKinsey & Company.
18 April 2024
United States

McKinsey pressures staff to get promoted or get lost McKinsey & Company is raising the “up or out” pressure on some US consultants, people familiar with the matter told Bloomberg, with the management consulting firm warning staff last week they are run
28 March 2024
Japan

McKinsey: Unlocking the next era of growth for corporate Japan Japanese companies need to grow domestically and expand internationally to fulfil their obligations to a more sustainable and inclusive society, write Gautam Kumra and Naoyuki Iwatani from McKinsey &
21 March 2024
India

Young McKinsey consultant commits suicide due to 'work pressure' The issue of mental health in management consulting has yet again come to the fore following the tragic news of a consultant in India who has committed suicide due to suspected “immense pressure” at
18 March 2024
Australia

McKinsey examines impact of generative AI on Australian workforce The introduction and rapid adoption of generative AI has seen consultancy McKinsey & Company revise its previous figures on the potential impacts of automation on the Australian workforce by 2030.
12 March 2024
United Kingdom

UK consulting firms great and small lauded in national ranking The Financial Times has released the 2024 edition of its UK’s Leading Management Consultants ranking.
07 March 2024
Australia

Former McKinsey partner Simon Kennedy set for parliament Former McKinsey & Company partner Simon Kennedy has won a golden ticket to federal parliament after earning pre-selection for the safe Liberal seat of Cook, vacated by former PM Scott Morrison.
06 March 2024
United States

McKinsey buys Houston-based Strategic Estimating Systems McKinsey & Company has acquired Strategic Estimating Systems (SES), a Houston-based consultancy focusing on cost estimation services for the oil and gas industry.
06 March 2024
United States

Republicans call for McKinsey contract ban after China advisory work Senior Republican lawmakers have called for McKinsey & Company’s ban from federal contracts after a Financial Times report uncovered a think tank led by the consultancy gave policy recommendations to
27 February 2024
Latin America

Digital tools could help address care gap in Latin America Nearly two thirds of people in Latin America have had deferred medical care at some point in the past year, according to a survey of more than 4,200 healthcare consumers from McKinsey & Company.
22 February 2024
United States

McKinsey puts 3,000 consultants on notice McKinsey & Company has warned approximately 3,000 of its global consultants that their performance is unsatisfactory and needs to improve, people familiar with the matter told Bloomberg News.
12 February 2024
United States

Time names McKinsey America's best company for future leaders Consulting firm McKinsey & Company topped Time Magazine and Statista’s ranking of the 150 Best Companies for Future Leaders.
09 February 2024
France

McKinsey helped Clear Channel’s French business with strategy Revelations from French media have shown that the French business of Clear Channel worked with McKinsey & Company on developing a new strategy following its acquisition.
09 February 2024
Australia

Bob Sternfels survives McKinsey election battle to earn 2nd term Bob Sternfels has been re-elected as McKinsey & Company’s global managing partner for a second three-year term, overcoming digital practice lead Rodney Zemmel and a field of senior challengers.
07 February 2024
United Kingdom

Bob Sternfels faces run-off to remain McKinsey's global boss Traditionally, McKinsey & Company has favoured stability when selecting its leaders.
30 January 2024
Australia

Qantas flies in McKinsey to help address flight delays McKinsey & Company has joined Boston Consulting Group in supporting recent efforts to restore Qantas’ one-time stellar reputation, with the strategy consultancy brought in to help address damaging fl
28 January 2024
United Kingdom

Global cooperation on the decline since 2020 A new global study has shown that international conflict is threatening the world economic stability dramatically.
17 January 2024
United States

McKinsey's prime US federal contracts drop to nine-year low McKinsey & Company’s revenue from prime US federal contracts in FY2023 fell to its lowest level since 2014, the Financial Times reported on Sunday.
16 January 2024
United States

McKinsey settles with health insurers for $78 million over opioid work McKinsey & Company has agreed to pay $78 million to resolve claims from US health insurers and benefit plans that it helped fuel the opioid crisis, Reuters reported on Friday.
03 January 2024
Europe

Europe must join forces to groom powerhouse start-up sector Despite being one of the world’s economic powerhouse regions, Europe has fallen behind the United States in recent years, particularly in technology and innovation.
22 December 2023
Poland

McKinsey: Poland on the cusp of a new economic reality Poland has tripled the value of its economy in the last 30 years with some of the highest economic growth rates in the world.
08 November 2023
United Kingdom

Strategy consultancies are most productive 'CEO factories' A new study of large businesses has found that five of the world’s leading strategy consulting brands are also the most prolific producers of company leaders.
30 October 2023

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