Mass Layoffs? Overpaid CEOs? Blame McKinsey!

In his new book, The Firm, veteran journalist Duff McDonald offers a rare glimpse inside McKinsey & Co., one of the world’s largest management consulting firms and almost certainly the most influential. Indeed, for a business with so many failures in its wake, McKinsey continues to hold an esteemed position in corporate “C Suites” throughout the world. In an interview, McDonald to explains this and other curiosities about the 87-year-old firm. (Note: McKinsey has consulted for Time Inc. in the past.
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