Consulting
likehelpfulfunny
Reaction Icon Like
Arrow Icon
works at

I don’t see there’s anything wrong with working with these governments if the project has a positive impact on the people. China contributed to the largest poverty reduction in the world in the last few decades and produced the largest middle class population in the world. Have you ever considered that most people in China actually support their government? The debt trap rhetoric from the west on China’s belt and road project was just pathetic. Was debt trap ever mentioned during the Marshall plan? Building infrastructure is crucial to economy boost, and China is helping other countries who didn’t have the capabilities to do it, while what has the west ever done for those countries besides screaming debt trap? Do you really think whether the government is “democratic” is so important that business should reject projects that helps the people and society? Democracy is overrated. Making people’s lives better is more important.

Reaction Icon Like
likesmarthelpfulfunny
Arrow Icon

M4, co-signing A1. Source: Chinese

Reaction Icon Like
like
Arrow Icon

Went to a Holiday party and this is what everyone wanted to discuss. My arguments in favor of McKinsey ( their partners in China are mostly Chinese and will work with the government there) were rebuffed and the comparison was made to Goldman. Whether it’s all true or not, it taints the whole profession and will do so for a long time. I can’t figure out why their compliance processes are not more rigorous- most of these opportunities would not have passed our super conservative lawyers.

Reaction Icon Like
likeupliftingsmarthelpful
Arrow Icon

I do get the intent of what they wrote and appreciate that there are two sides of every story. What I really love is how the Firm never misses a chance for self promotion on how great it is

Reaction Icon Like
like
Arrow Icon

The whole thing is disgusting. All of you scrambling to make McK’s actions sound perfectly justifiable should know that the McK of 15 years ago would have condemned this loudly had it seen anyone at its firm, or other companies, being so happily in league with evil. The company has lost its moral compass.

Reaction Icon Like
like
Arrow Icon

I thought the response was a fair representation of what I personally see at work. A little introspection is never a bad thing.

Reaction Icon Like
like
Arrow Icon

@M2, What was the FBI contract? I'm curious The Google results all seem to be to recent/ only related to FBI investigations.

Reaction Icon Like
Arrow Icon

Let's all be entirely honest here: the only reason this article isn't about any of our firms is because we don't win this work, not because we're too ethical to do it.

Reaction Icon Like
like
Arrow Icon

Not at all. I'm arguing for all of us to shoulder our share of the blame as well. Which you seem to be very resistant to doing. 😉

Reaction Icon Like
Arrow Icon

As a reminder, this is the partnership that defrauded the South African tax payer of $70 million. But sure, gave the money back after getting caught

Reaction Icon Like
like
Arrow Icon

I don’t think $70M decimated the South African economy. GDP there is $350B, so $70M is like 0.02%. If McK has done that $70M thing a hundred times over it still wouldn’t have hit half a percent of GDP. In short, BCG2 needs better analysis. Then again I don’t work for fancy MBB so what do I know

Reaction Icon Like
Arrow Icon

I can see why the article makes McK nervous. But it hardly explored the most explosive connection of all, which is the fee-rich effort to prop up MBS - what a gem he turned out to be!

Reaction Icon Like
like
Arrow Icon

I think the NYT did another article just a while back on this. If not, the mentioned it in a large segment of one. I remember reading about it in the Times a few weeks back.

Reaction Icon Like
like
Arrow Icon

Curious: which specific projects shouldn’t we have done: - Yanukovych project (with the benefit of hindsight) we shouldn’t have taken. But at the time I see how it would seem ok: you’re writing the economic agenda for a world leader who wants to become more Westernized. Wheres the harm in that? - I think Malaysia project was fine. Should we have just shut down our entire KL office while Najib was in power? Najib embezzled a huge sum of money but was not autocratic in the way other leaders are - Some China projects make me a little uneasy, but I’m curious where the line is. What projects shouldn’t we be taking? Anything state owned? Anything state owned and internal facing? I’m genuinely curious to hear thoughts on where the line is

Reaction Icon Like
likeupliftinghelpful
Arrow Icon

Mate they blatantly enabled the defrauding of the S African people. It wasnt one bad vendor - the head of McKinsey SA knew who he was in bed with, which is why he was fired

Reaction Icon Like
like
Arrow Icon

This response doesn’t address the irony between having the retreat several miles from an internment camp.

Reaction Icon Like
likeupliftingfunny
Arrow Icon

They did at the end. It was the only thing they accepted from the article other than increased scrutiny that comes with being in their “position"

Reaction Icon Like
like
Arrow Icon

Sorry all, but did you expect anything particularly enlightening from the McK statement? Did you think the Firm would give some magic evidence that the NYT did not have at the time of the article’s publishing? Quit trying to figure out who is right or wrong and watch this clip, then sit down on your couch and reflect on your lives..... https://youtu.be/hlMAKpxN8N0 Enjoy

Reaction Icon Like
like
Arrow Icon

You want a response for this. Business is business If a $ is to be made all or our firms will “comply” within the letter of the law and will be upset if somebody calls them out. 🤥

Reaction Icon Like
like
Arrow Icon

Well put, Nino Brown. Except that in times like the, selling out democracy is motherfin’ personal. #Cash Money Crew #NewJackCity

Reaction Icon Like
Arrow Icon

Come on all cut the hypocrisy- surely all major consulting firms do similar projects for similar governments (or at least try to get those projects). I personally agree we shouldn’t have done many of these projects, but all major firms do most if not all work that is permitted by law Only difference is that only McK gets scrutinized by two fulltime NYT journalists. If you hold us to such high moral standards, be consistent and quit your firm (which I am doing by the way, although not for this reason)

Reaction Icon Like
like
Arrow Icon

The stuff McKinsey did is straight up evil and they should be barred from doing business in the US.

Reaction Icon Like
likefunny
Arrow Icon

Retreat question still remains unanswered but being this defensive is unlikely to go over that well either

Reaction Icon Like
like
Arrow Icon

#DamageControl. McK caught in shady elements and now trying to minimize reputation risk. Sorry you got caught, looking forward to how this now plays out in the media

Reaction Icon Like
like
Arrow Icon

Looks like everyone's trying to bring down the queen bee here, not working, yall know yall still dying to be her ;) At least I'm honest enough to admit it

Reaction Icon Like
like
Arrow Icon

@SC9 thats just sad

Reaction Icon Like
Arrow Icon

“We’ve got tegrity, tegrity plus, and tegrity elite, but you don’t want to be tegrity elite because elite’s got no tegrity.” —applicable wise words from South Park

Reaction Icon Like
Arrow Icon

Related Posts

*weekly post complaining about hiring discrimination against males*

likefunny
Reaction Icon Like
Arrow Icon

Delta Platinum members, what bonus do you choose? Very likely gifting Silver Status to my spouse.

like
Reaction Icon Like
Arrow Icon

I got a new role in Ohio. My SO is freaking out about the bedbug crisis there. Any tips of how to protect against bedbugs?

like
Reaction Icon Like
Arrow Icon

If anyone wants to join a boutique HR & Talent Advisory consulting firm, Kincentric is hiring for an Associate Partner role! Location doesn’t really matter, but preferably in IL, NY, or ATL.

like
Reaction Icon Like
Arrow Icon

Download the app for more exclusive discussions.