Word: mckinseys
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Dates: during 2000-2009
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...same token, the management skills needed to restore a crisis-ridden company to profitability may not be the same as those required for years of sustainable growth. "CEOs don't singlehandedly turn around a large organization," says Paul Coombes, a director of corporate governance at McKinsey & Co. "The problem is that strategies change at a fast rate and need to keep adapting quickly, but organizational changes of a lasting sort require a great deal of patience." That may be. But at least the new boys know where they stand: if they mess up, they...
...corporate mating season begins in October. Nervous seniors perfect their resumes and sport their finest suits, hoping to attract job offers from sought-after firms: Goldman Sachs, Bain, McKinsey and the like. A select few applicants will secure a working relationship, but the majority will receive an e-mail beginning with the season’s most dreaded phrase: “We regret to inform you...” What factors land someone a position? According to Colleen M. Horan ’05, it takes brains, talent and a lot of “bullshitting...
Later in the day former Sen. Bill Bradley and Paul Jansen, both of whom guide McKinsey & Company’s non-profit consulting branch, expressed their deep commitment to the values of social service work, and their high expectations for those striving to improve society...
Prior to enrolling at HLS, Vignarajah worked for three years as a managing consultant for McKinsey & Company. He credits the support of his family for his success...
...Economic Policy Institute's Bernstein says businesses ought to find a way to "share some winnings with those who lose" by creating funds for wage insurance or retraining. Otherwise there is a risk that the benefits of outsourcing will widen the gap between the rich and everyone else. The McKinsey Global Institute, a think tank run by McKinsey & Co., recommends that companies sending jobs abroad contribute about 5% of their savings to an insurance fund that would compensate displaced workers for part of the difference in wages paid by their old and new jobs. During the 1980s and '90s, most...