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.



12 min

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