Discover and read the best of Twitter Threads about #fixmckinsey

Most recents (2)

In June, another controversy over McKinsey's role helping Jacob Zuma, the disgraced President of South Africa, loot the federal treasury.

The Times called it "the biggest mistake in McKinsey’s nine-decade history."

If only.

12/18

nytimes.com/2018/06/26/wor…
The same month, the Times reported on state lawsuits claiming that McKinsey advised Purdue Pharma to “get more patients on higher doses of opioids” and study techniques “for keeping patients on opioids longer.”

13/18

nytimes.com/2019/02/01/bus…
In July the Firm acknowledged working for @ICEgov, the infamous US Immigration and Customs Enforcement.

Consultants were outraged. McKinsey resigned the account, having already billed $20 million.

14/18

nytimes.com/2018/07/09/bus…
Read 7 tweets
On McKinsey

I joined the San Francisco office of @McKinsey in 1987. Like members of the CIA and the Royal Household, we called it The Firm.

The Firm values deep professionalism as much as analytic and strategic chops. Values, not formal structures, hold it together.

1/18
These values required strict integrity. Clients interests come first. We fired dishonest or sketchy clients.

Once a teammate claimed to have made a phone call that he had not yet made. The lie was trivial, but the Firm fired him that day. Nobody violated Firm Values.

2/18
The first crack came in 2009 when the SEC charged a colleague I liked, Anil Kumar, with insider trading. Anil was a partner; the partners fired him immediately.

The following year he pled guilty, paid a huge fine, but never seriously repented.

3/18

dealbook.nytimes.com/2009/12/06/mck…
Read 17 tweets

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