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When McKinsey Comes to Town: The Hidden Influence of the World's Most Powerful Consulting Firm Hardcover – Oct. 4 2022

4.1 out of 5 stars 285 ratings

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From the Publisher

Product description

Review

New York Times Bestseller A New York Times Book Review 100 Notable Books of the Year • One ofThe Washington Post's 50 Notable Works of Nonfiction

“Deeply reported…The portrait this book creates is one of a company chasing profits, spreading the gospel of downsizing and offshoring, its leaders virtually unmoored form any guiding principles or moral code…a clear and devastating picture of the management philosophy that helped drive the decline of a stable American middle class over the last 50 years.” 
The New York Times Book Review

“Walt Bogdanich and Michael Forsythe shatter the luminous image of McKinsey & Co…In a masterful work of investigative journalism building on their reporting for the New York Times, Bogdanich and Forsythe pierce through McKinsey’s “culture of secrecy...Superb"
The Washington Post

“A harrowing account of decades of dishonourable exploits at McKinsey.” 
The Economist

“The authors find McKinsey's fingerprints on most every major corporate scandal of recent generations, from big tobacco starting in the 1950s to big pharma in the years leading to the opioid scandals. More striking is their effort to implicate the firm in a long list of broader social and economic ills like income inequality, the hollowing out of the middle class, and the financial crisis of 2007-8….the evidence Bogdanich and Forsythe amass is impressive….That McKinsey's deep connection to many of these corporations and policies has not been well known is in part a function of the firm's obsessive focus on secrecy, enforced through a web of strict non-disclosure agreements. This makes the reporting that went into "When McKinsey Comes to Town" all the more remarkable.”
Business Insider

“When McKinsey Comes to Town is highly informed, a fascinating read. The authors, New York Times investigative reporters Walt Bogdanich and Michael Forsythe, have done their homework. They name names, connect dots and unearth documents. Sources speak in Technicolor….Speaking to Bogdanich and Forsythe, one former McKinsey consultant put the reach of the firm into some perspective. Forget secret cabals, ‘illuminati, lizard people, or globalists’ he said. Instead, ‘there is … McKinsey.’”
The Guardian


“Bogdanich and Forsythe peel back the layers of secrecy surrounding management consulting firm McKinsey & Co. in this revelatory and often shocking account. Drawing on interviews with ‘nearly one hundred current and former McKinsey employees,’ as well as client and billing records, the authors uncover a devastating pattern of harm caused by greed, conflicts of interest, and unethical behavior…. Scrupulously documented and fluidly written, this is a jaw-dropping feat of investigative journalism.”
Publishers Weekly (starred review)
 
“Two award-winning New York Times investigative reporters take down the world’s leading consulting firm, counsel to mega-corporations, dictators, and union-busters everywhere….. A startling case study of how unchecked corporate power affects world affairs—and all of us.”
Kirkus Reviews

"The nearly century-old McKinsey & Company describes itself as the world’s largest consulting firm. Sounds benign, doesn’t it? Yet McKinsey’s sway over some of the most influential industries and domestic and foreign government agencies is a manifestation of corruption and greed down to the molecular level. Cleverly employing a panoply of NDAs and other protective legal tools, McKinsey further cloaks itself behind a thick scrum of obfuscating corporate-speak peppered throughout its infamous PowerPoint slide decks. With clients in energy and entertainment, the FDA and the NBA, Saudi Arabia and South Africa, McKinsey touts its skill at increasing profitability and efficiency, chiefly through draconian, often dangerous, staff cutbacks and price- cutting. Such advice, however, comes with a hefty price tag, yet when a client becomes mired in scandal, often resulting from McKinsey’s recommendations, the company’s fingerprints are nowhere to be found. Recipients of multiple prestigious prizes for their far-reaching investigative journalism, Bogdanich and Forsythe pull back the curtain on the unseen depths of McKinsey’s pernicious and insidious influence. Thanks to their unprecedented level of access to crucial records and key insider accounts, this monumental corporate exposé will do for management consulting what Patrick Radden Keefe’s Empire of Pain (2021) did for the opioid epidemic and the Sacklers."
Booklist


“Two of the finest investigative reporters in the business got behind the wall of secrecy erected by one the world’s most influential companies.  WHEN MCKINSEY COMES TO TOWN is a revelatory – and disturbing – portrait of a powerful firm whose vaunted reputation is belied by its actions.”
Jane Mayer, New York Times bestselling author of THE DARK SIDE and DARK MONEY
  
"In government and the private sector, in the United States and around the world, the influence of McKinsey is difficult to overstate. Walt Bogdanich and Michael Forsythe penetrate the firm's vaunted culture of secrecy to expose the complicity of business consultants in abetting the conduct of unsavory clients -- from despots to opioid pushers -- and the malign ways in which McKinsey's "scientific management" ends up impacting all of our lives. Panoramic, meticulously reported, and ultimately devastating, this is an important book." 
Patrick Radden Keefe, New York Times bestselling author of SAY NOTHING and EMPIRE OF PAIN
 
"Bogdanich and Forsythe show how McKinsey, rather than optimizing social welfare, optimizes corporate profits and greed. In doing so the Firm has become a super spreader of corporate misdeed and  contributed to America’s growing inequality problem. Hypocrisy, avarice, ridiculous power points, aiding and abetting the world's polluters and drug companies. Every page made my blood boil as I read about McKinsey's flawed reasoning and the vast profits made from ethically dubious work for governments, polluting companies and big pharma."
Joseph E. Stiglitz, Nobel Laureate in economics 2011 and University Professor, Columbia University 
 
“After the publication of
When McKinsey Comes to Town, the secretive consulting firm is going to need its own management consultant to address the damage. The book is a devastating account of McKinsey’s influence at the top levels of government and industry. In arresting detail Bogdanich and Forsythe show how McKinsey has enabled—and profited from—one bad actor after another, from American opioid and cigarette makers to Russian oligarchs and state monopolies to Saudi Arabia’s accused murderer-prince, Mohammed bin Salman, even while boasting that it’s making the world a better place. The book is a tour de force of investigative reporting.”
James B. Stewart, New York Times bestselling author of Den of Thieves and Bloomberg Professor of Business Journalism at Columbia University

About the Author

WALT BOGDANICH is an investigative reporter for The New York Times. He has been awarded three Pulitzer Prizes for his investigative journalism. He previously produced stories for “60 Minutes,” ABC News and The Wall Street Journal in New York and Washington. He has a B.A. in political science from the University of Wisconsin and a master’s degree in journalism from Ohio State University. He lives in Port Washington, NY.
 
MICHAEL FORSYTHE is an investigative reporter for
The New York Times. At Bloomberg was part of a team that won the George Polk Award in 2013. Mr. Forsythe is a veteran of the U.S. Navy. He has a B.A. in international economics from Georgetown University and a Master’s degree in East Asian Studies from Harvard University. He lives in New York City.

Product details

  • Publisher ‏ : ‎ Doubleday (Oct. 4 2022)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 368 pages
  • ISBN-10 ‏ : ‎ 0385546238
  • ISBN-13 ‏ : ‎ 978-0385546232
  • Item weight ‏ : ‎ 680 g
  • Dimensions ‏ : ‎ 16.41 x 3.56 x 24.31 cm
  • Customer Reviews:
    4.1 out of 5 stars 285 ratings

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Walt Bogdanich has been awarded three Pulitzer Prizes and four George Polk Awards for his investigative journalism. He's written or produced stories for The New York Times, CBS 60 Minutes, ABC News, and The Wall Street Journal. For the past 15 years, he's taught investigative reporting at Columbia University. He graduated from the University of Wisconsin-Madison with a degree in political science and earned a master's degree in journalism at The Ohio State University. A fanatic Cleveland Guardians fan, he lives in Port Washington, NY.

Customer reviews

4.1 out of 5 stars
4.1 out of 5
285 global ratings

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Hande Z
5.0 out of 5 stars A ghost town appears
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4.0 out of 5 stars An issue that should be openly discussed
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desertdan
5.0 out of 5 stars An expose which probably barely scratches the surface
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2.0 out of 5 stars Unbalanced Account
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