How McKinsey Became One Of The Most Powerful Companies In The World

When the most powerful executives in the world have a problem they just can’t crack, many of them turn to McKinsey – a prestigious and secretive consulting firm that has been influencing business and government decisions for decades. But now, as consumers require more transparency, the company has been thrust into the spotlight.

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influential in Western Europe they have

been for half a century

whether that’s England or Germany or

elsewhere but also some recent New York

Times reporting has shown that they are

very involved with China a lot of

state-owned enterprises Saudi Arabia

South Africa is a great example there

the company was ensnared in a government

corruption scandal McKinsey repaid about

seventy four million dollars in fees and

while not admitting legal wrongdoing has

apologised for its involvement global

managing partner Kevin Schneider told

CNBC Africa I think we’ve learned many

lessons from the saga not the least of

which is when you make a mistake it’s

best to say sorry quickly and clearly

and then take steps to ensure you don’t

repeat the errors and so the second