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Value of Consulting
- Consulting firms like McKinsey might add value to specific clients, such as CEOs.
- However, it's unclear whether this value extends to shareholders or society.
McKinsey and Enron
- McKinsey advised Enron and promoted its business model to other clients.
- This raises questions about the actual value and potential harm of their advice.
Investigating McKinsey
- Walt Bogdanich investigated McKinsey due to their secrecy and power, sparked by former employees who wouldn't discuss their work.
- The New York Times, Bogdanich's employer, was also a McKinsey client, adding another layer of intrigue.