Corporate Gossip McKinsey: This is why we can't have nice things
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Oct 20, 2023 McKinsey's involvement in boosting OxyContin sales during the opioid epidemic, scandals and controversies they are associated with, the competitive nature of working at McKinsey, the benefits and drawbacks of corporate jobs, McKinsey's recruitment strategy and impact on the middle class, unethical practices in relation to the opioid crisis, the actions and operations of McKinsey, and debating the credibility of management consultants and the value of gossip.
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McKinsey's Role in Opioid Crisis
- McKinsey consultants held a secret retreat to strategize boosting OxyContin sales despite opioid crisis deaths.
- They proposed shocking ideas like paying pharmacies rebates for overdoses linked to opioids they sold.
McKinsey Fuels Elite Career Paths
- McKinsey shapes careers by recruiting Ivy League elites and accelerating management track.
- This concentration deepens racial and socioeconomic homogeneity in corporate leadership.
Rikers Island Consulting Failure
- McKinsey's work at Rikers Island failed, with assaults increasing by 50% after implementation.
- Consultants even suggested increasing use of aggressive dogs, tasers, and shotguns as solutions.