NEW YORK TIMES BESTSELLER • An explosive, deeply reported exposé of McKinsey & Company, the international consulting firm that advises corporations and governments, that highlights the often drastic impact of its work on employees and citizens around the world "Meticulously reported, and ultimately devastating, this is an important book." —Patrick Radden Keefe, New York Times bestselling author of Empire of Pain and Say Nothing McKinsey & Company is the most prestigious consulting company in the world, earning billions of dollars in fees from major corporations and governments who turn to it to maximize their profits and enhance efficiency. McKinsey's vaunted statement of values asserts that its role is to make the world a better place, and its reputation for excellence and discretion attracts top talent from universities around the world. But what does it actually do? In When McKinsey Comes to Town, two prizewinning investigative journalists have written a portrait of the company sharply at odds with its public image. Often McKinsey's advice boils down to major cost-cutting, including layoffs and maintenance reductions, to drive up short-term profits, thereby boosting a company's stock price and the wealth of its executives who hire it, at the expense of workers and safety measures. McKinsey collects millions of dollars advising government agencies that also regulate McKinsey's corporate clients. And the firm frequently advises competitors in the same industries, but denies that this presents any conflict of interest. In one telling example, McKinsey advised a Chinese engineering company allied with the communist government which constructed artificial islands, now used as staging grounds for the Chinese Navy—while at the same time taking tens of millions of dollars from the Pentagon, whose chief aim is to counter Chinese aggression. Shielded by NDAs, McKinsey has escaped public scrutiny despite its role in advising tobacco and vaping companies, purveyors of opioids, repressive governments, and oil companies. McKinsey helped insurance companies' boost their profits by making it incredibly difficult for accident victims to get payments; worked its U.S. government contacts to let Wall Street firms evade scrutiny; enabled corruption in developing countries such as South Africa; undermined health-care programs in states across the country. And much more. Bogdanich and Forsythe have penetrated the veil of secrecy surrounding McKinsey by conducting hundreds of interviews, obtaining tens of thousands of revelatory documents, and following rule #1 of investigative reporting: Follow the money. When McKinsey Comes to Town is a landmark work of investigative reporting that amounts to a devastating portrait of a firm whose work has often made the world more unequal, more corrupt, and more dangerous.

Inside the engine-room of China's economic growth—the China Development Bank Anyone wanting a primer on the secret of China's economic success need look no further than China Development Bank (CDB)—which has displaced the World Bank as the world's biggest development bank, lending billions to countries around the globe to further Chinese policy goals. In China’s Superbank, Bloomberg authors Michael Forsythe and Henry Sanderson outline how the bank is at the center of China's domestic economic growth and how it is helping to expand China's influence in strategically important overseas markets. 100 percent owned by the Chinese government, the CDB holds the key to understanding the inner workings of China's state-led economic development model, and its most glaring flaws. The bank is at the center of the country's efforts to build a world-class network of highways, railroads, and power grids, pioneering a lending scheme to local governments that threatens to spawn trillions of yuan in bad loans. It is doling out credit lines by the billions to Chinese solar and wind power makers, threatening to bury global competitors with a flood of cheap products. Another $45 billion in credit has been given to the country's two biggest telecom equipment makers who are using the money to win contracts around the globe, helping fulfill the goal of China's leaders for its leading companies to "go global." Bringing the story of China Development Bank to life by crisscrossing China to investigate the quality of its loans, China’s Superbank travels the globe, from Africa, where its China-Africa fund is displacing Western lenders in a battle for influence, to the oil fields of Venezuela. Offers a fascinating insight into the China Development Bank (CDB), the driver of China's rapid economic development Travels the globe to show how the CDB is helping Chinese businesses "go global" Written by two respected reporters at Bloomberg News As China's influence continues to grow around the world, many people are asking how far it will extend. China’s Superbank addresses these vital questions, looking at the institution at the heart of this growth.

McKinsey es la consultora más prestigiosa e influyente del mundo. Gana miles de millones asesorando a empresas y gobiernos que recurren a sus servicios para maximizar sus beneficios y mejorar la eficiencia. Su filosofía empresarial consiste en hacer que el mundo sea un lugar mejor y su prestigio atrae a los talentos más prometedores de las universidades de élite. Sin embargo, poco se sabe de ella, pues el secretismo es uno de los principales valores de la institución. Este libro, fruto del largo trabajo de investigación de dos galardonados periodistas del New York Times, desvela cuál ha sido la implicación de la empresa en algunos de los escándalos más importantes acaecidos en los últimos años. Con un acceso sin precedentes a archivos y testimonios clave, los autores exponen la implicación de la consultora en casos como la crisis de opiáceos en Estados Unidos, las políticas migratorias de Donald Trump, la promoción de la industria del tabaco y de los combustibles fósiles, así como su relación con tiranías y gobiernos corruptos de toda índole, entre muchos otros. La consultora no solo pone al descubierto los numerosos conflictos de interés, la codicia desmesurada y la cuestionable ética con la que actúa McKinsey, sino que el caso sirve como reflejo de un capitalismo disfuncional en el que la economía productiva ha sido sustituida por la especulativa.

Wat blijft erover van de reputatie van McKinsey & Company als je achter de schermen kijkt? Dit boek onthult de onzichtbare maar destructieve invloed die het bureau heeft op economie en maatschappij. Onderzoeksjournalisten Walt Bogdanich en Michael Forsythe onthullen in ‘De macht van McKinsey’ hoe kostenbesparing en efficiëntie steeds weer de kern vormen van de adviezen van McKinsey & Company. De consultants van McKinsey adviseren wereldwijd de invloedrijkste bedrijven, organisaties en overheden. Het bureau laat zich voorstaan op zijn door waarden gedreven aanpak en gaat tot het uiterste voor zijn klanten, maar strijkt nooit met de eer als de klant succes behaalt. Met deze reputatie werd McKinsey de heilige graal voor ambitieuze studenten, en veel invloedrijke personen begonnen er hun carrières. Maar wat blijft er van die reputatie over als je achter de schermen kijkt? Niet zelden leiden de adviezen van McKinsey tot misstanden bij de geadviseerde organisaties, met grote opbrengsten voor de consultants en hun opdrachtgevers. Ook in de keuze voor zijn klanten – van corrupte overheden tot de tabaksindustrie – zijn McKinseys waarden ver te zoeken. Beschuldigingen van belangenverstrengeling veegt het bureau van tafel: hun teams hielpen weliswaar bij het versterken van de Chinese marine enerzijds en adviseerden het Pentagon hoe militaire agressie vanuit China te pareren anderzijds, maar de teams werkten apart van elkaar. Zo heeft McKinsey een onzichtbare maar niet te onderschatten invloed op onze economie, ons politiek beleid en zelfs op oorlogsvoering.

Quelle est la véritable influence du cabinet de conseil le plus prestigieux au monde, McKinsey ? Dans cette enquête sans précédent, qui mesure l’impact considérable de McKinsey sur tous les secteurs de l’économie mondiale, des centaines d’interviews d’anciens consultants, de clients, ainsi que des milliers de documents inédits, ont permis de percer sa culture du secret et de lever le voile sur ses profondes contradictions. Course aux profits à court terme, licenciements massifs, délocalisation abusive, surrémunération des patrons et des actionnaires... Les recommandations de McKinsey ont-elles toujours respecté un pacte éthique ? Ou, au contraire, ont-elles précipité la cruauté du capitalisme ? Peut-on travailler à la fois pour le ministère de la Santé et pour les producteurs d’opioïdes ? Peut-on soutenir l’écologie tout en travaillant avec les entreprises les plus émettrices de CO2 ? Peut-on optimiser les profits des parcs Disney et mettre en question la maintenance ? À travers de multiples exemples et révélations, pour les auteurs il n’y a pas de doute : McKinsey a souvent rendu le monde plus inégal et impitoyable.

Mit 28.000 Beratern in 65 Ländern und seiner hohen Reputation ist McKinsey eines der einflussreichsten Unternehmen der Welt. McKinsey hat es sich zur Aufgabe gemacht dem Interesse des Kunden zu dienen. Aber was passiert, wenn die Gewinnmaximierung des Kunden oberstes Gebot ist und Ethik keine Rolle spielt? Die global agierende Beratungsfirma hat maßgeblich dazu beigetragen, dass die Reichen reicher und die Mächtigen mächtiger wurden. McKinsey arbeitet für die Freunde und Geschäftspartner autokratischer Herrscher. McKinsey arbeitet für verschiedene Unternehmen aus denselben Branchen, sieht darin jedoch keinen Interessenkonflikt. Die Firma ermutigt Manager, Arbeitsplätze auszulagern, Mitarbeiter zu entlassen, Arzneimittelpreise zu erhöhen, die Auszahlung von Versicherungspolicen zu verschieben und sogar den Verkauf von süchtig machenden Opiaten zu forcieren, während Tausende an Überdosierungen sterben. Die beiden preisgekrönten Investigativ-Journalisten der New York Times, Walt Bogdanich und Michael Forsythe, haben Hunderte von Interviews geführt, Zehntausende von aufschlussreichen Dokumenten erhalten und zeichnen das Porträt eines Unternehmens, das in scharfem Widerspruch zu seinem öffentlichen Image steht und dringend einen Unternehmensethik-Kodex benötigt.

Journalistiek onderzoek naar de zakenpraktijken van McKinsey & Company.