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The Firm

The Story of McKinsey and Its Secret Influence on American Business
McDonald, Duff (Book - 2013)
Average Rating: 3.5 stars out of 5.
The Firm
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Star financial journalist Duff McDonald uncovers how the managing consulting firm of McKinsey & Company and its high-powered, high-priced business savants have ushered in waves of structural, financial, and technological shifts to the biggest and best American organizations, revealing a list of world-shaping successes and striking failures.
Authors: McDonald, Duff
Title: The firm
the story of McKinsey and its secret influence on American business
Publisher: New York :, Simon & Schuster,, 2013
Edition: First Simon & Schuster hardcover edition
Characteristics: 387 pages ;,24 cm
Content Type: text
Media Type: unmediated
Carrier Type: volume
Contents: The Ozark farm boy
The making of the firm
The age of influence
The decade of doubt
A return to form
The crucial question : are they worth it or not?
Revenge of the nerds
The money grab
Bad advice
Retrenchment
Breaking the compact
Summary: Star financial journalist Duff McDonald uncovers how the managing consulting firm of McKinsey & Company and its high-powered, high-priced business savants have ushered in waves of structural, financial, and technological shifts to the biggest and best American organizations, revealing a list of world-shaping successes and striking failures.
ISBN: 9781439190999
1439190976
9781439190975
Statement of Responsibility: Duff McDonald
Bibliography: Includes bibliographical references and index
Subject Headings: Business consultants McKinsey and Company
Topical Term: Business consultants
LCCN: 2013002023
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May 17, 2014
  • ravishri rated this: 4 stars out of 5.

This book is worth a read. That said, there are some clear pros & (minor) con worth considering:

PROS:
* Walks you through the entire history in sufficient detail
* Provides good explanation behind why the firm changed the way it did at times
* Highlights its strength & weaknesses in an objective fashion

CONS:
* This is a minor point but I feel that the author uses speculation to hint at his understanding of things that we don't really know for sure such as assumptions that "CEOs who hire consultants routinely are not confident in their ability to lead and need someone to vet their decisions" - I could not find any good reason in the book to believe that to be true

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app16 Version Arkelstorp Last updated 2014/10/16 16:12