McKinsey & Company | Global news | Page 2

An overview of McKinsey & Company global news:

India

Young McKinsey consultant commits suicide due to 'work pressure' The issue of mental health in management consulting has yet again come to the fore following the tragic news of a consultant in India who has committed suicide due to suspected “immense pressure” at
18 March 2024
United Kingdom

UK consulting firms great and small lauded in national ranking The Financial Times has released the 2024 edition of its UK’s Leading Management Consultants ranking.
07 March 2024
United States

McKinsey buys Houston-based Strategic Estimating Systems McKinsey & Company has acquired Strategic Estimating Systems (SES), a Houston-based consultancy focusing on cost estimation services for the oil and gas industry.
06 March 2024
United States

Republicans call for McKinsey contract ban after China advisory work Senior Republican lawmakers have called for McKinsey & Company’s ban from federal contracts after a Financial Times report uncovered a think tank led by the consultancy gave policy recommendations to
27 February 2024
Latin America

Digital tools could help address care gap in Latin America Nearly two thirds of people in Latin America have had deferred medical care at some point in the past year, according to a survey of more than 4,200 healthcare consumers from McKinsey & Company.
22 February 2024
United States

McKinsey puts 3,000 consultants on notice McKinsey & Company has warned approximately 3,000 of its global consultants that their performance is unsatisfactory and needs to improve, people familiar with the matter told Bloomberg News.
12 February 2024
United Arab Emirates

Consultants powering knowledge at World Government Summit 2024 Taking place in Dubai this week, the World Government Summit is bringing leaders from business and government together to shape responses to some of the world’s most pressing issues and solutions.
12 February 2024
United States

Time names McKinsey America's best company for future leaders Consulting firm McKinsey & Company topped Time Magazine and Statista’s ranking of the 150 Best Companies for Future Leaders.
09 February 2024
France

McKinsey helped Clear Channel’s French business with strategy Revelations from French media have shown that the French business of Clear Channel worked with McKinsey & Company on developing a new strategy following its acquisition.
09 February 2024
Middle East

Cloud: A $180 billion opportunity for Middle East by 2030 If the Middle East’s 600 top companies and the public sector seize upon public cloud technology, as much as $183 billion in value could be generated by 2030 – a sum equivalent to roughly 6% of the re
01 February 2024
United Kingdom

Bob Sternfels faces run-off to remain McKinsey's global boss Traditionally, McKinsey & Company has favoured stability when selecting its leaders.
30 January 2024
Middle East

'It's time to shape MENA startup ecosystem into something bigger' The startup ecosystem of the Middle East, North Africa and Pakistan (MENAP) is growing.
28 January 2024
Middle East

The top 8 priorities for CEOs in 2024 (according to McKinsey) In 2024, CEOs will be focusing on a range of issues that they cannot afford to overlook.
23 January 2024
Middle East

WEF and McKinsey launch the Global Cooperation Barometer The world’s cohesion is under pressure, marked by the number of wars and (economic) conflicts.
17 January 2024
United Kingdom

Global cooperation on the decline since 2020 A new global study has shown that international conflict is threatening the world economic stability dramatically.
17 January 2024
United States

McKinsey's prime US federal contracts drop to nine-year low McKinsey & Company’s revenue from prime US federal contracts in FY2023 fell to its lowest level since 2014, the Financial Times reported on Sunday.
16 January 2024
Middle East

How banks can set themselves up for a profitable future Alberto Alvarez, Senior Partner with McKinsey & Company based in the Middle East, outlines five strategies that could help the region’s banks maintain a competitive edge and build a profitable future
13 January 2024
United States

McKinsey settles with health insurers for $78 million over opioid work McKinsey & Company has agreed to pay $78 million to resolve claims from US health insurers and benefit plans that it helped fuel the opioid crisis, Reuters reported on Friday.
03 January 2024
Europe

Europe must join forces to groom powerhouse start-up sector Despite being one of the world’s economic powerhouse regions, Europe has fallen behind the United States in recent years, particularly in technology and innovation.
22 December 2023
Middle East

Six strategies for outperforming peers on growth Less than one in four companies outpaces their industry peers on revenue and profit growth, according to analysis of commercial data from McKinsey & Company.
24 November 2023
Middle East

Want to become a CEO? Then join a top strategy consulting firm According to new analysis, aspiring CEOs would be advised to first join a top-tier global strategy firm, with more than six percent of alumni from five leading strategic consultancies going on to lea
23 November 2023
Poland

McKinsey: Poland on the cusp of a new economic reality Poland has tripled the value of its economy in the last 30 years with some of the highest economic growth rates in the world.
08 November 2023
United Kingdom

Strategy consultancies are most productive 'CEO factories' A new study of large businesses has found that five of the world’s leading strategy consulting brands are also the most prolific producers of company leaders.
30 October 2023
Europe

Circular cement industry could unlock €110 billion by 2050 If the concrete and cement industry were to implement a circular value chain, the sector could generate a net value of €110 billion and mitigate about two billion tons of CO2 emissions by 2050 – if t
24 October 2023
Saudi Arabia

Leading consultancies driving knowledge at FII7 conference in Riyadh The Future Investment Initiative Institute (FII7) conference has kicked off today, bringing together over 6,000 delegates including political leaders, ministers, CEOs, business leaders, investors, an
24 October 2023
United Kingdom

Banks enjoying highest profits since 2008 global financial crisis Banks worldwide are currently enjoying a record profit windfall – the highest seen since the 2008 global financial crisis, according to analysis by McKinsey & Company.
16 October 2023
Middle East

Better disability data key for 1.3 billion people worldwide Around 16% of the entire world's population (approximately 1.3 billion people) live with a disability and often have challenges in accessing healthcare.
11 October 2023
Europe

Generative AI can add up to $4.4 trillion in productivity annually The generative artificial intelligence (AI) industry has the potential to add between $2.6 trillion to $4.
09 October 2023
Africa

Renewable energy in Africa: Huge opportunity at huge cost Sustainable energy initiatives in Africa are likely to soon be a huge opportunity for investors hoping to push for renewables and drive development in the region.
05 October 2023
Middle East

Global investment in quantum technology reaches historic high The quantum technology industry is growing at a remarkable rate and investments in the potentially ground-breaking technology are at an all-time high.
25 September 2023
United Kingdom

Growing demand in battery industry calls for innovation – and recycling Solutions will need to be found to meet increasing demand for lithium-ion (Li-ion) batteries.
25 September 2023
United Kingdom

Haleon brings in McKinsey and EY for cost-cutting exercise A year after splitting from GlaxoSmithKline, pharmaceutical firm Haleon has brought in consultants to help cut costs.
08 September 2023

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