Consultant management: McKinsey loses its shine
Economist Podcasts
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Geopolitics and the Future of Consulting
This chapter analyzes the impact of new U.S. tariffs on corporate strategies and the evolving role of AI in the consulting sector. It highlights the challenges faced by McKinsey, including workforce reductions and declining growth, while contrasting its trajectory with a rival firm that is successfully leveraging specialist talent. The discussion also addresses how advancements in AI may reshape traditional consulting practices and the competitive landscape.
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