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Encyclopedia > McKinsey

McKinsey & Company is a privately owned management consulting firm.


Known both internally and externally as simply "The Firm" [1] (http://www1.excite.com/home/careers/company_profile/0,15623,71,00.html), McKinsey was founded in Chicago during 1926 by James O. McKinsey, but the modern McKinsey was shaped by Marvin Bower, who believed that management consultancies should adhere to the same high professional standards as lawyers and doctors. Over 60 years Bower built McKinsey's presence, first across the US, then from the 1960s through Europe and Asia.


Today McKinsey has around 6,000 consultants in 82 offices across 44 countries. They help solve strategic, organizational, operational and technological problems, for some of the world's largest organizations. Clients include three of the world's five largest companies, two-thirds of the Fortune 1000, governments and other non-profit institutions. McKinsey is privately owned by its 800-member worldwide partner group.


More than 80 Fortune 500 CEOs are former McKinsey consultants, and McKinsey is one of the most sought after destinations for graduates of top MBA programs, having been rated #1 in the Universum survey of most desirable employers for the past six years. They are the largest single recruiter at the top US business schools, including Harvard Business School, the MIT Sloan School of Management, the Wharton School, the Stanford Graduate School of Business, the University of Chicago Graduate School of Business and the Kellogg School of Management. They are also the largest recruiter at Harvard Law School and employ more Rhodes Scholars than any organization outside of the White House. Current and former McKinsey consultants include Lou Gerstner, Tom Peters, and Chelsea Clinton.


McKinsey's top competitors include A.T.Kearney, Bain & Co., The Boston Consulting Group, Booz Allen Hamilton and The Monitor Group.


A print and online publication, The McKinsey Quarterly, (published six times a year) offers journal-length articles on strategy, organization, marketing and other topics of interest to senior executives.


External links

  • Official Web Site (http://www.mckinsey.com/)
  • The McKinsey Quarterly (http://www.mckinseyquarterly.com/)

Data

  • Yahoo! - McKinsey & Company Company Profile (http://biz.yahoo.com/ic/40/40304.html)
  • Yellowikis (http://www.yellowikis.org/wiki/index.php/Category:NAICS:541618) have a list of Management consultants contact details.

  Results from FactBites:
 
BW Online | July 8, 2002 | Inside McKinsey (3856 words)
McKinsey serves 147 of the world's 200 largest corporations, including 80 of the top 120 financial-services firms, 9 of the 11 largest chemical companies, and 15 of the 22 biggest health-care and pharmaceutical concerns.
When he became McKinsey's managing partner in 1994, Gupta's challenge was clear: He had to keep up McKinsey's growth while ensuring that size would not destroy the ethos of the close-knit partnership or undermine the firm's guiding principles.
McKinsey maintains it can't be held responsible for the outcome because it wasn't involved in the implementation of the strategy.
McKinsey & Company - German Office (1009 words)
McKinsey collects personally-identifiable information on certain areas of the Site when users register, request publications or other information, sign up for conferences and events, apply for jobs, and participate in user posting areas, such as bulletin boards, discussion forums, and surveys.
McKinsey uses your personally-identifiable information to fulfill your requests for information, to process your requests to participate in conferences and events, to evaluate any job applications or other employment-related inquiries that you may submit, or for such other business purposes as you may initiate or request.
McKinsey may disclose contact information for you in response to inquiries by bona-fide rights owners in connection with allegations of infringement of copyright or other proprietary rights arising from information you have posted on the Site or otherwise provided to McKinsey.
  More results at FactBites »


 

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