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When McKinsey Comes to Town
When McKinsey Comes to Town
Sep 23, 2024 1:26 AM

Author:Walt Bogdanich,Michael Forsythe

When McKinsey Comes to Town

**A TIMES AND NEW YORK TIMES BOOK OF THE YEAR 2022**

An explosive exposé of a firm whose work has made your world more unequal, more corrupt and more dangerous.

McKinsey & Company have earned billions consulting for almost every major corporation in the world - and countless governments, including yours. Shielded by NDAs, their practices have remained hidden - until now.

In this propulsive investigation, prize-winning journalists Walt Bogdanich and Michael Forsythe reveal the disturbing reality. McKinsey's work includes ruthless cuts to the NHS, troubleshooting for Big Oil, incentivising the prescription of opioids, executing Trump's immigration policies (the ones that put children in cages) as well as advising some of the world's most unsavoury despots.

'A story of secrecy, delusion and untold harm' OBSERVER

'Makes you so angry...the evidence the authors winkle out is astonishing' SUNDAY TIMES

'Panoramic, meticulously reported and ultimately devastating' PATRICK RADDEN KEEFE

'A harrowing account of decades of dishonourable exploits' ECONOMIST

Reviews

Hard-hitting ... damning ... If you think what management consultants do is to dress up common sense in jargon and flog it as vision to credulous executives, you are, according to [Bogdanich and Forsythe], greatly underestimating their impact

—— The Times

A masterful work of investigative journalism ... to unearth conflicts of interest, corruption, hypocrisy and strategic blunders that read like a prosecutor's indictment ... The fact that neither regulators, the public, nor most of McKinsey's employees knew about these sordid episodes ... is a testament to the authors' prowess as investigative reporters ... superb

—— Washington Post

Deeply reported ... The portrait this book creates is one of a company chasing profits, spreading the gospel of downsizing and offshoring, its leaders virtually unmoored from any guiding principles or moral code ... a clear and devastating picture of the management philosophy that helped drive the decline of a stable ... middle class over the last 50 years'

—— The New York Times

Hypocrisy, avarice, ridiculous PowerPoints, aiding and abetting the world's polluters and drug companies. Every page made my blood boil as I read about McKinsey's flawed reasoning and the vast profits made from ethically dubious work for governments, polluting companies and big pharma

—— Joseph E. Stiglitz, Nobel Laureate, author of The Price of Inequality

'A lengthy and damning charge sheet ... makes you so angry you want to chuck rocks at its offices ... the evidence the authors winkle out is astonishing ... What sustains you are the authors' eye for detail and killer quotes. If you want to know why top pay for US executives has risen to a record 350 times that of the average worker, look to McKinsey

—— Sunday Times

A highly informed, fascinating read

—— The Guardian

A harrowing account of decades of dishonourable exploits

—— Economist

New York Times reporters Walt Bogdanich and Michael Forsythe's devastating investigation into the consulting firm uncovers a story of secrecy, delusion and untold harm. ... The book's scrutiny - and measured sense of outrage - is overdue and, you hope, only the beginning

—— Observer

With McKinsey's deep reach into business and government around the world, it is inevitably and correctly a focus for discussion on what modern corporations are for ... That this internal turmoil has come to light is testament to the depth of sourcing of journalists Walt Bogdanich and Michael Forsythe [whose] reporting of these and other controversies has intensified questions over the firm's ethics ... The debate ... is intensely uncomfortable for McKinsey's leadership'

—— Financial Times

In government and the private sector, the influence of McKinsey is difficult to overstate. Walt Bogdanich and Michael Forsythe penetrate the firm's vaunted culture of secrecy to expose the malign ways in which McKinsey's 'scientific management' ends up impacting all of our lives. Panoramic, meticulously reported and ultimately devastating, this is an important book

—— Patrick Radden Keefe, author of Empire of Pain

Two of the finest investigative reporters in the business got behind the wall of secrecy erected by one the world's most influential companies. A revelatory - and disturbing - portrait of a powerful firm whose vaunted reputation is belied by its actions

—— Jane Mayer, author of The Dark Side

After the publication of When McKinsey Comes to Town, the secretive consulting firm is going to need its own management consultant to address the damage. A tour de force of investigative reporting

—— James B. Stewart, author of Den of Thieves

Can you trust those clever folk at the consulting firm McKinsey? ... This book shows that McKinsey & Company has a darker side.

—— The Times, *Best Business Books of 2022*

Timely

—— The Week

Excellent investigative work ... Every chapter of When McKinsey Comes to Town lays out another disturbing case in which McKinsey worked against the public interest

—— Literary Review

An investigative tour de force [that] strip[s] away the aura of respectability that has surrounded the profession for more than a century

—— Prospect

[An] account...based on exhaustive research... [which] makes for compelling reading

—— Times Literary Supplement

An admirably researched and very well written account of speculative insanity from the earliest times to, let no one doubt, the present.

—— J.K. Galbraith

Entertaining, useful, admirable scholarship... Chancellor seems to have read everything.

—— New York Times Book Review

Praise for Crunch-Time for Credit?

—— ---

There was no single, dominant, astonishing voice in the wilderness in the debate on the credit crunch, but... Edward Chancellor, an economic historian, foresaw almost everything.

—— Charles Moore , Daily Telegraph
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