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It has just happened again: The US Initiative @moreperfectunion delivers a scathing attack on McKinsey & Company and its alleged wrongdoings. In the reportage, investigative journalist Gabriella Spielberg leads through 10 well-known McKinsey scandals, for which the world’s leading management consulting firm has already been exposed in the McKinsey scandal book “When McKinsey Comes To Town” and by John Oliver in his famous "Last Week Tonight" edition on McKinsey. For this reportage, More Perfect Union’s reporter interviews the “When McKinsey Comes To Town” author Michael Forsythe as well as whistleblower and ex-McKinsey consultant Garrison Lovely. I find that this documentary again is one-sided, so that I add my perspective based on my five working years at McKinsey & Company and my experience as an independent management adviser. I estimate the number of consultings project delivers in 2024 and contrast it with McKinsey’s scandal projects, address More Perfect Union’s question what consultants actually do and reveal McKinsey’s true actions in-between cost-cutting and pro bono projects. I also address in my consulting satire what would happen if McKinsey got banned, and I comment on Garrison Lovely’s whistleblower reports in the two McKinsey whistleblower articles by the Nation (“Confessions of a McKinsey Whistleblower”) and in Jacobin (“McKinsey Is Ultraprestigious. It’s Also a Blight on the World”). Lastly, in this reaction video to More Perfect Union’s blast at McKinsey, I conclude what this means for your business and consulting careers. 00:00 Attack on McKinsey by More Perfect Union 01:03 My (past) bonds with McKinsey 02:42 Mike Forsythe & Garrison Lovely 03:49 McKinsey scandals vs reality 07:02 What does McKinsey (and consultants) do? 07:52 McKinsey as cost-cutters 10:44 Pro bono consulting projects 12:57 Confidentiality & responsibility 14:10 The exorcist: McKinsey vs BCG vs Bain 15:42 Should you work for McKinsey? 18:05 McKinsey - respond yourself! #McKinsey #LastWeekTonight #JohnOliver Activate closed captions by clicking on "CC" in the YouTube window for the best viewing experience. 🎉 SHOW NOTES AND ADDITIONAL RESOURCES 1.) This video is a reaction to More Perfect Union’s video on McKinsey: • McKinsey: The Group Secretly Running Every... 2.) Garrison Lovely’s McKinsey whistleblower article in The Nation (“Confessions of a McKinsey Whistleblower”): https://www.thenation.com/article/soc... 3.) Garrison Lovely’s McKinsey whistleblower article in Jacobin (“McKinsey Is Ultraprestigious. It’s Also a Blight on the World”): https://jacobin.com/2023/10/mckinsey-... 4.) McKinsey’s famous CO2 abatement curve: https://www.mckinsey.com/capabilities... 💡 YOUR FEEDBACK, WISHES AND IDEAS Drop your comments on this video and wishes and ideas for the next ones below – I get back to every comment 💪🏼❤️ 🛎️ YOUINCONSULTING CHANNEL Subscribe now and hit the bell icon to not not miss out on any of the high-quality content I am preparing for you 🙂: https://www.youtube.com/YOUinConsulti... 🤝🏼 CONNECT WITH ME ON LINKEDIN / joergleib 📈 FREE BUSINESS & CONSULTING CAREERS ADVICE: THE YOUINCONSULTING NEWSLETTER https://www.youinconsulting.com/newsl... 📢 FOLLOW YOUINCONSULTING ON INSTAGRAM / youinconsulting ⭐ ABOUT YOUINCONSULTING Top-quality insider knowledge to boost your business and consulting career – wherever you stand right now. The YOUinConsulting mission is to help you on your personal journey to become a (better) consultant and/or benefit from key consulting skills for your business career. Find honest, differentiated and surprising insights into your business and consulting life, in an entertaining manner – enjoy the twist! ❤️ ABOUT DR “JACK” JÖRG LEIB Consulting is my passion. Prior to serving as an independent management consultant, for five years I worked as a project manager for the world's leading management consulting firm, McKinsey & Company. I entered McKinsey with a PhD from Imperial College London. YOUinConsulting builds on knowledge acquired by myself and others working at various consulting firms and presents my independent and personal views of the consulting industry. 🔮 FURTHER INFORMATION ON MY BACKGROUND AND THE YOUINCONSULTING MISSION https://www.youinconsulting.com/about...