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The Firm

The Story of McKinsey and Its Secret Influence on American Business

The Firm by Duff McDonald
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The story of McKinsey & Co., America’s most influential and controversial business consulting firm, “an up-to-date, full-blown history, told with wit and clarity” (The Wall Street Journal).

If you want to be taken seriously, you hire McKinsey & Company. Founded in 1926, McKinsey can lay claim to the following partial list of accomplishments: its consultants have ushered in waves of structural, financial, and technological change to the nation’s best organizations; they remapped the power structure within the White House; they even revo­lutionized business schools. In The New York Times bestseller The Firm, star financial journalist Duff McDonald shows just how, in becoming an indispensable part of decision making at the highest levels, McKinsey has done nothing less than set the course of American capitalism.

But he also answers the question that’s on the mind of anyone who has ever heard the word McKinsey: Are they worth it? After all, just as McKinsey can be shown to have helped invent most of the tools of modern management, the company was also involved with a number of striking failures. Its consultants were on the scene when General Motors drove itself into the ground, and they were K-Mart’s advisers when the retailer tumbled into disarray. They played a critical role in building the bomb known as Enron.

McDonald is one of the few journalists to have not only parsed the record but also penetrated the culture of McKinsey itself. His access puts him in a unique position to demonstrate when it is worth hiring these gurus—and when they’re full of smoke.
Simon & Schuster; September 2013
416 pages; ISBN 9781439190999
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Title: The Firm
Author: Duff McDonald
 
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Book Review: 'The Firm: The Story of McKinsey And Its Secret Influence on American Business' by Duff McDonald - Seattle Post Intelligencer (blog)
Thu, 10 Oct 2013 04:36:28 -0700
Seattle Post Intelligencer (blog)Book Review: 'The Firm: The Story of McKinsey And Its Secret Influence on American ...
Review: A McKinsey-like assessment of McKinsey - Breakingviews
Fri, 06 Sep 2013 09:59:01 -0700
Review: A McKinsey-like assessment of McKinseyBreakingviewsThe doyen of management consulting firms is at once ubiquitous and ...
The Teflon Dons - Indian Express
Fri, 16 May 2014 16:38:06 -0700
Indian ExpressThe Teflon DonsIndian ExpressDuff Mcdonald, a financial journalist from New York, has written a 336 page book ...
ISBNs
9781439190982
9781439190999