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OP, because McKinsey represents the consulting industry in the same way McDonald's represents the fast food industry, and copped all the flak for fast food in the 2000s while others got away without the attention. BCG is Burger King in this scenario.
P1: but BCG is ~70% of size and u don’t hear 70% of this type of news. Don’t see logic in what you’re saying
More interesting question is how McK always manages to get out of these scandals relatively unscathed in terms of reputation and business. My hypothesis is that many clients see these scandals as a testament to McK’s influence and access (it’s perverse I know). It’s almost like they want to work with an unscrupulous badass like McK :-). What do you think?
Isn’t it obvious from reading the article? They know where all the bodies are buried 😔
P1: don’t think the brand is infinitely larger than others. Amount of negative press is infinitely larger
Disagree. SVP below said it best.
Most firms have lawyers who will not let them get within miles of such opportunities, plus very annoying compliance training every year. The culture is also one where your personal
Prestige is not based as much on who you advise but on how innovative you are in what you sell and deliver.
And you legitimately think McK don’t have those?!
I guess Deloitte would be like Walmart buying Yum brands in the same weird alternate universe ...
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But it’s as good for other firms. One can argue other firms don’t get these opportunities but I think that’s too simplistic. They may not get as many but get some. And they decline those
Anyone heard of the Hani Khoja arrest? He appeared pro government, so little surprised by this