2min chapter

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Management consultancy under the spotlight

RSA Conversations

CHAPTER

The Decentralized Nature of McKinsey

More than 30,000 people work at McKinsey. The company is set up along the lines of a law firm that Marvin Bauer had envisioned back in the 1940s. There's fiefdoms around the world of very powerful partners, senior partners, and they call a lot of the shots with client selection. So it's that kind of decentralized nature, which has been both a real strong point for McKinsey over the years, but also when it comes to making questionable ethical decisions as well.

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