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Kiechel, a former managing editor of FORTUNE, hails the rise of strategy, saying it has eclipsed "any other change worked in the intellectual landscape of business over the past 50 years." The "lords" are Bruce Henderson of BCG, Bill Bain of Bain & Co., Fred Gluck of McKinsey and Michael Porter of Harvard Business School. He traces their quest to understand how companies gain competitive advantage. The strategy revolution, Kiechel writes, "features a rowdy parade of ideas and analytical techniques jostling each other down the historical road...
...stores added nearly 4,000 jobs - just half as many as would have been gained had people kept buying organic peppers and salted caramels at the same pace. "There's too much thinking about how to create jobs," says James Manyika, a director of the economics-research outfit McKinsey Global Institute, "and not enough about how to create demand...
India's burgeoning middle class has responded with cheerful readiness, spending freely on personal products and services - an industry that McKinsey forecasts will grow 9% annually over the next 15 years. Habib claims his empire grew 1,000% last year. There are now 155 Jawed Habib salons and 42 training academies across Asia, from Malaysia to Nepal and beyond. Like Tata's celebrated Nano, the $2,500 "people's car" launched last year, Habib's services are aimed at those who, perhaps for the first time, are enjoying a modicum of disposable income. In 2009 he launched Hair Espresso outlets...
Despite her passion for affecting change, Wilf did not go directly into politics after college. After earning a bachelor’s degree in Government and Fine Arts, she worked for a few years in consulting at McKinsey & Co. before earning a MBA from INSEAD, an international business school in France, and a Ph.D. in Political Science from the University of Cambridge...
...overall number of consultants McKinsey will recruit this year will be higher than last year,” Daeninck said...