McKinsey & Company | Global news | Page 2

An overview of McKinsey & Company global news:

Europe

Global private markets fundraising falls to 6-year low: $1,000 billion Fundraising by private sector companies and funds fell to a six-year low last year, hitting just over $1,000 billion, with Asia the region impacted the most.
14 May 2024
Middle East

Strategy Consulting reigns in UAE's top employers ranking High-flying professionals in the UAE seeking a fast-track career full of growth and development opportunities should look no further than the world of strategy consulting, at least that is according
13 May 2024
United Kingdom

WEF and McKinsey: Space economy to hit $1.8 trillion by 2035 Earth’s dwindling resources have been over-exploited for decades, and as the resulting supply chain disruption and price inflation sees the world’s leading economies struggle for growth, many busines
01 May 2024
Middle East

McKinsey slashes hundreds of jobs in technology practices Global consulting giant McKinsey & Company has announced it will lay off approximately 360 employees worldwide in response to a slowdown in the consulting sector.
24 April 2024
Canada

Federal procurement watchdog finds ‘perception of favoritism’ toward McKinsey A March report from Alexander Jeglic, Canada’s procurement ombudsman, found a “strong perception of favoritism” in its awarding of contracts to consulting firm McKinsey & Company.
18 April 2024
United States

McKinsey pressures staff to get promoted or get lost McKinsey & Company is raising the “up or out” pressure on some US consultants, people familiar with the matter told Bloomberg, with the management consulting firm warning staff last week they are run
28 March 2024
Japan

McKinsey: Unlocking the next era of growth for corporate Japan Japanese companies need to grow domestically and expand internationally to fulfil their obligations to a more sustainable and inclusive society, write Gautam Kumra and Naoyuki Iwatani from McKinsey &
21 March 2024
India

Young McKinsey consultant commits suicide due to 'work pressure' The issue of mental health in management consulting has yet again come to the fore following the tragic news of a consultant in India who has committed suicide due to suspected “immense pressure” at
18 March 2024
Australia

McKinsey examines impact of generative AI on Australian workforce The introduction and rapid adoption of generative AI has seen consultancy McKinsey & Company revise its previous figures on the potential impacts of automation on the Australian workforce by 2030.
12 March 2024
United Kingdom

UK consulting firms great and small lauded in national ranking The Financial Times has released the 2024 edition of its UK’s Leading Management Consultants ranking.
07 March 2024
Australia

Former McKinsey partner Simon Kennedy set for parliament Former McKinsey & Company partner Simon Kennedy has won a golden ticket to federal parliament after earning pre-selection for the safe Liberal seat of Cook, vacated by former PM Scott Morrison.
06 March 2024
United States

McKinsey buys Houston-based Strategic Estimating Systems McKinsey & Company has acquired Strategic Estimating Systems (SES), a Houston-based consultancy focusing on cost estimation services for the oil and gas industry.
06 March 2024
United States

Republicans call for McKinsey contract ban after China advisory work Senior Republican lawmakers have called for McKinsey & Company’s ban from federal contracts after a Financial Times report uncovered a think tank led by the consultancy gave policy recommendations to
27 February 2024
Latin America

Digital tools could help address care gap in Latin America Nearly two thirds of people in Latin America have had deferred medical care at some point in the past year, according to a survey of more than 4,200 healthcare consumers from McKinsey & Company.
22 February 2024
United States

McKinsey puts 3,000 consultants on notice McKinsey & Company has warned approximately 3,000 of its global consultants that their performance is unsatisfactory and needs to improve, people familiar with the matter told Bloomberg News.
12 February 2024
United Arab Emirates

Consultants powering knowledge at World Government Summit 2024 Taking place in Dubai this week, the World Government Summit is bringing leaders from business and government together to shape responses to some of the world’s most pressing issues and solutions.
12 February 2024
United States

Time names McKinsey America's best company for future leaders Consulting firm McKinsey & Company topped Time Magazine and Statista’s ranking of the 150 Best Companies for Future Leaders.
09 February 2024
France

McKinsey helped Clear Channel’s French business with strategy Revelations from French media have shown that the French business of Clear Channel worked with McKinsey & Company on developing a new strategy following its acquisition.
09 February 2024
Australia

Bob Sternfels survives McKinsey election battle to earn 2nd term Bob Sternfels has been re-elected as McKinsey & Company’s global managing partner for a second three-year term, overcoming digital practice lead Rodney Zemmel and a field of senior challengers.
07 February 2024
Middle East

Cloud: A $180 billion opportunity for Middle East by 2030 If the Middle East’s 600 top companies and the public sector seize upon public cloud technology, as much as $183 billion in value could be generated by 2030 – a sum equivalent to roughly 6% of the re
01 February 2024
United Kingdom

Bob Sternfels faces run-off to remain McKinsey's global boss Traditionally, McKinsey & Company has favoured stability when selecting its leaders.
30 January 2024
Australia

Qantas flies in McKinsey to help address flight delays McKinsey & Company has joined Boston Consulting Group in supporting recent efforts to restore Qantas’ one-time stellar reputation, with the strategy consultancy brought in to help address damaging fl
28 January 2024
Middle East

'It's time to shape MENA startup ecosystem into something bigger' The startup ecosystem of the Middle East, North Africa and Pakistan (MENAP) is growing.
28 January 2024
Middle East

The top 8 priorities for CEOs in 2024 (according to McKinsey) In 2024, CEOs will be focusing on a range of issues that they cannot afford to overlook.
23 January 2024
Middle East

WEF and McKinsey launch the Global Cooperation Barometer The world’s cohesion is under pressure, marked by the number of wars and (economic) conflicts.
17 January 2024
United Kingdom

Global cooperation on the decline since 2020 A new global study has shown that international conflict is threatening the world economic stability dramatically.
17 January 2024
United States

McKinsey's prime US federal contracts drop to nine-year low McKinsey & Company’s revenue from prime US federal contracts in FY2023 fell to its lowest level since 2014, the Financial Times reported on Sunday.
16 January 2024
Middle East

How banks can set themselves up for a profitable future Alberto Alvarez, Senior Partner with McKinsey & Company based in the Middle East, outlines five strategies that could help the region’s banks maintain a competitive edge and build a profitable future
13 January 2024
United States

McKinsey settles with health insurers for $78 million over opioid work McKinsey & Company has agreed to pay $78 million to resolve claims from US health insurers and benefit plans that it helped fuel the opioid crisis, Reuters reported on Friday.
03 January 2024
Europe

Europe must join forces to groom powerhouse start-up sector Despite being one of the world’s economic powerhouse regions, Europe has fallen behind the United States in recent years, particularly in technology and innovation.
22 December 2023
Middle East

Six strategies for outperforming peers on growth Less than one in four companies outpaces their industry peers on revenue and profit growth, according to analysis of commercial data from McKinsey & Company.
24 November 2023
Middle East

Want to become a CEO? Then join a top strategy consulting firm According to new analysis, aspiring CEOs would be advised to first join a top-tier global strategy firm, with more than six percent of alumni from five leading strategic consultancies going on to lea
23 November 2023

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