Apple employees are pushing back against Tim Cook's office return plans. Other businesses will have to deal with similar tensions.
About double the respondents in the 2020 McKinsey survey said their companies are focusing on interpersonal and empathy skills compared to 2019.
Insider is compiling our annual list of the most influential leaders in consulting. Here's how you can nominate someone.
McKinsey's 650 senior partners vote in an election every three years, and its global managing partner failed to advance this year, FT reports.
Business school graduates can earn well over six figures at a leading consulting firm. Using data from Management Consulted’s2021 salary report, we compiled a ranked list of the 17 highest-paying firms for MBAs. Accenture, Ernst & Young (EY), and McKinsey are among the top firms offering hefty salaries. Visit Insider’s […]
A survey of some 40,000 employees by McKinsey and Co. and Facebook COO Sheryl Sandberg’s nonprofit Lean In found that 1 out of every 4 working women is considering leaving the workforce or scaling back their hours. Women cite struggling with childcare and household duties as a major concern. While […]
European fintech faces an “existential crisis” because the COVID-19 pandemic poses serious challenges for continued funding, according to a report by consultant McKinsey. Venture capital funding has become more scarce, despite the fintech sector having grown rapidly by over 25% from 2014 onwards. The scale of funding dropped by 11% […]
Companies are promising to hire more Black workers and increase diversity within senior leadership teams, but Facebook COO Sheryl Sandberg told Business Insider these plans will fall flat unless executives address the “broken rung” on the corporate ladder. The “broken rung” refers to the phenomenon where women, especially Black women […]
Law firms that are more inclusive and diverse are more likely to perform better than their less representative counterparts, and more GCs and in-house lawyers are actively seeking to work with diverse law firms, say experts from Clifford Chance and McKinsey. The old-school culture at law firms is one of […]
Some entrepreneurs have latched onto the unlikely trend of using psychedelics like LSD, psilocybin, and DMT to solve complex business problems and unlock their creative potential. According to advocates, the substances provide a boost in concentration, reduced stress, and help in coping with grief. Some prefer microdosing for longer periods […]
Uncertainty surrounding the coronavirus and its future course drove McKinsey partners to model nine economic outcomes for recovery. The firm currently expects one of its four more optimistic scenarios to play out, with social distancing measures driving rapid containment of the outbreak and bringing national economies back online before the […]
The odds of getting hired by the prestigious McKinsey & Company are less than 1%. But there are ways to make your application stand out and get your foot in the door, from writing an outstanding cover letter to networking to preparing for the interview. Business Insider has talked to […]
Here are four of Business Insider’s top stories of the week, presented in audio format. 1. 2020 will be the year that defines Netflix’s future. Analysts break down the 5 big challenges it faces. Next year will be a defining one for Netflix, which will face more competition than ever […]
Under mounting pressure for transparency, South Bend Mayor Pete Buttigieg revealed a list of clients he worked for while a consultant at McKinsey & Company between 2007 and 2010. The clients include Blue Cross Blue Shield of Michigan, Canadian supermarket chain Loblaws, Best Buy, and several US government agencies, including […]
Nearly 60% of the world’s banks aren’t strong enough to survive a downturn. The banks’ returns on equity are too low relative to their costs, McKinsey & Company said in a new report. The consultancy urged banks to invest in technology and pursue mergers to stay competitive with newer rivals […]
Lots of jobs involve tasks that could be taken over by robots. Bridgewater Associates, the most successful hedge fund in the world, recently highlighted a 2016 study by McKinsey & Company that analysed what industries are most susceptible to automation. Jobs with lots of manual labour in a predictable environment […]
McKinsey & Company held a lavish corporate retreat in Kashgar, about four miles from where thousands of Muslim Chinese are locked up in an internment camp, the New York Times reported on Saturday. The retreat highlighted McKinsey’s work with China, as consultants enjoyed bonfires, camel rides, and red carpets. This […]