Advertisement
Saturday, Dec 04, 2021
Outlook.com
McKinsey

The Firm's Follies

Consultants McKinsey's prescriptions, many times, leave the patient crippled

The Firm's Follies
AP
The Firm's Follies
outlookindia.com
-0001-11-30T00:00:00+05:53

This is "The Firm", as it is referred to reverentially. The 78-year-old management consultancy that works for three of the world's five largest companies and two-thirds of the Fortune 1000. This is the Firm that the Left loves to hate, and whose presence in the Planning Commission's consultative groups it has been clamouring against, leading to the threatened walkout of five leftist economists on the consultative groups. It's another matter that this is also the expertise that the Left Front government in West Bengal has relied on repeatedly to give it direction (see box), but then, why should we expect less inconsistency from the Left than from other Indian political parties?

But what is McKinsey's expertise? What is its track record in advising governments in India? How does it measure up to its own mission to "make significant improvements to their (client's) overall performance by tackling their most challenging issues...(bringing) innovations in management practice, and building our clients' capabilities"?

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Shaheen Bagh, CAA, Farmers’ Protest: Hip-Hop Is The Voice Of Dissent In India

Shaheen Bagh, CAA, Farmers’ Protest: Hip-Hop Is The Voice Of Dissent In India

Young, brash and little-known artistes are using hip-hop as an outlet to speak up and speak out.

World Disability Day: Visually Impaired Girls In Himachal Use Education To Dispel Darkness

World Disability Day: Visually Impaired Girls In Himachal Use Education To Dispel Darkness

Umang Foundation in Himachal Pradesh has helped many blind and visually impaired persons achieve their dreams by giving them access to higher education.

Mayank Notches Maiden 100 Vs NZ – Statistical Highlights

Mayank Notches Maiden 100 Vs NZ – Statistical Highlights

Mayank Agarwal's ton against New Zealand on Friday was his first since his 243 vs Bangladesh in 2019 at Indore.

Kashmir: Ghulam Nabi Azad Emerges As Key Player In J&K With Or Without Congress

Kashmir: Ghulam Nabi Azad Emerges As Key Player In J&K With Or Without Congress

Crowds at Congress leader Ghulam Nabi Azad's recent rallies show that he will be a key player in elections in Jammu and Kashmir, when they happen.

Advertisement