Book : When Mckinsey Comes To Town The Hidden Influence Of..

-Titulo Original : When Mckinsey Comes To Town The Hidden Influence Of The Worlds Most Powerful Consulting Firm

-Fabricante :

Doubleday

-Descripcion Original:

NEW YORK TIMES BESTSELLER * An explosive, deeply reported expose of McKinsey & Company, the international consulting firm that advises corporations and governments, that highlights the often drastic impact of its work on employees and citizens around the world Meticulously reported, and ultimately devastating, this is an important book. -Patrick Radden Keefe, New York Times bestselling author of Empire of Pain and Say Nothing McKinsey & Company is the most prestigious consulting company in the world, earning billions of dollars in fees from major corporations and governments who turn to it to maximize their profits and enhance efficiency. McKinseys vaunted statement of values asserts that its role is to make the world a better place, and its reputation for excellence and discretion attracts top talent from universities around the world. But what does it actually do? In When McKinsey Comes to Town, two prizewinning investigative journalists have written a portrait of the company sharply at odds with its public image. Often McKinseys advice boils down to major cost-cutting, including layoffs and maintenance reductions, to drive up short-term profits, thereby boosting a companys stock price and the wealth of its executives who hire it, at the expense of workers and safety measures. McKinsey collects millions of dollars advising government agencies that also regulate McKinseys corporate clients. And the firm frequently advises competitors in the same industries, but denies that this presents any conflict of interest. In one telling example, McKinsey advised a Chinese engineering company allied with the communist government which constructed artificial islands, now used as staging grounds for the Chinese Navy-while at the same time taking tens of millions of dollars from the Pentagon, whose chief aim is to counter Chinese aggression. Shielded by NDAs, McKinsey has escaped public scrutiny despite its role in advising tobacco and vaping companies, purveyors of opioids, repressive governments, and oil companies. McKinsey helped insurance companies boost their profits by making it incredibly difficult for accident victims to get payments; worked its U.S. government contacts to let Wall Street firms evade scrutiny; enabled corruption in developing countries such as South Africa; undermined health-care programs in states across the country. And much more. Bogdanich and Forsythe have penetrated the veil of secrecy surrounding McKinsey by conducting hundreds of interviews, obtaining tens of thousands of revelatory documents, and following rule #1 of investigative reporting: Follow the money. When McKinsey Comes to Town is a landmark work of investigative reporting that amounts to a devastating portrait of a firm whose work has often made the world more unequal, more corrupt, and more dangerous. Review New York Times Bestseller “Deeply reported…The portrait this book creates is one of a company chasing profits, spreading the gospel of downsizing and offshoring, its leaders virtually unmoored form any guiding principles or moral code…a clear and devastating picture of the management philosophy that helped drive the decline of a stable American middle class over the last 50 years.” -The New York Times Book Review “Walt Bogdanich and Michael Forsythe shatter the luminous image of McKinsey & Co…In a masterful work of investigative journalism building on their reporting for the New York Times, Bogdanich and Forsythe pierce through McKinsey’s “culture of secrecy...Superb -The Washington Post “A harrowing account of decades of dishonourable exploits at McKinsey.” -The Economist “The authors find McKinseys fingerprints on most every major corporate scandal of recent generations, from big tobacco starting in the 1950s to big pharma in the years leading to the opioid scandals. More striking is their effort to implicate the firm in a long list of broader social and economic ills like income inequality, the hol