
When McKinsey Comes to Town
The Hidden Influence of the World's Most Powerful Consulting Firm
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Narrated by:
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Ari Fliakos
About this listen
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.
©2022 Walt Bogdanich and Michael Forsythe (P)2022 Random House AudioListeners also enjoyed...
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A behind-the-scenes, revelatory history of McKinsey & Company, America's most influential and controversial business consulting firm, told by one of the nation's leading financial journalists. In The Firm, Duff McDonald uncovers how these high-powered, high-priced business savants have ushered in waves of structural, financial, and technological shifts. With unrivaled access to company documents and current and former employees, McDonald reveals the inner workings of what just might be the most influential private organization in America.
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Warning: Non consultants should avoid
- By R. Jaeger on 11-04-13
By: Duff McDonald
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These Are the Plunderers
- How Private Equity Runs—and Wrecks—America
- By: Gretchen Morgenson, Joshua Rosner
- Narrated by: John Bedford Lloyd
- Length: 11 hrs and 53 mins
- Unabridged
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These Are the Plunderers traces the thirty-year history of corporate takeovers in America and private equity’s increasing dominance. Morgenson and Rosner investigate some of the biggest names in private equity, exposing how they buy companies, load them with debt, and then bleed them of assets and profits. All while prosecutors and regulators stand idly by.
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Lacks credibility and fact checking
- By Sam Smith on 05-25-23
By: Gretchen Morgenson, and others
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The McKinsey Engagement
- A Powerful Toolkit for More Efficient and Effective Team Problem Solving
- By: Paul N. Friga
- Narrated by: Kirby Heyborne
- Length: 5 hrs and 11 mins
- Unabridged
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Former consultant Dr. Paul Friga distills the guiding principles first presented in the best-selling The McKinsey Way and the tested-in-the-trenches methodologies outlined in The McKinsey Mind, and combines them with many of the principles and procedures implemented by the military and other organizations. The result is nothing less than the business equivalent of a Special Forces Field Manual.
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Helpful opinions
- By Rich on 12-22-21
By: Paul N. Friga
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The Lords of Strategy
- The Secret Intellectual History of the New Corporate World
- By: Walter Kiechel III
- Narrated by: Robertson Dean
- Length: 11 hrs and 46 mins
- Unabridged
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Imagine running a business without a strategy. It would be akin to driving blindfolded, to building a house without a blueprint. The concept of strategy changed all that, paving the way for the creation of the modern corporate world. The Lords of Strategy provides listeners with a deeper understanding of the world they compete in, and a sharper eye for what works — and what doesn’t — when forging strategy.
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Super Book of Narrow Interest
- By Roy on 08-23-10
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Black Edge
- Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street
- By: Sheelah Kolhatkar
- Narrated by: Kaleo Griffith
- Length: 12 hrs and 32 mins
- Unabridged
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Steven A. Cohen changed Wall Street. He and his fellow pioneers of the hedge fund industry didn’t lay railroads, build factories, or invent new technologies. Rather, they made their billions through financial speculation, by placing bets in the market that turned out to be right more often than not.
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Amazing book about trading that feels like an adventure novel
- By Tim S on 05-24-18
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Undue Burden
- Life and Death Decisions in Post-Roe America
- By: Shefali Luthra
- Narrated by: Suehyla El-Attar Young, Shefali Luthra
- Length: 12 hrs and 22 mins
- Unabridged
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On June 24, 2022, Roe v. Wade was overturned, and the impact was immediate: by 2024, abortion was virtually unavailable or significantly restricted in 21 states. In Undue Burden, reporter Shefali Luthra traces the unforgettable stories of patients faced with one of the most personal decisions of their lives.
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Women's reproductive rights stripped
- By Constance L. Brown on 06-11-24
By: Shefali Luthra
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They Came for the Schools
- One Town's Fight over Race and Identity, and the New War for America's Classrooms
- By: Mike Hixenbaugh
- Narrated by: Mike Hixenbaugh
- Length: 9 hrs and 5 mins
- Unabridged
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Award-winning journalist Mike Hixenbaugh delivers the immersive and eye-opening story of Southlake, Texas, a district that seemed to offer everything parents would want for their children—small classes, dedicated teachers, financial resources, a track record of academic success, and school spirit in abundance.
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Informative,..scary as hell…a wake up call for ALL Americans
- By debra on 05-19-24
By: Mike Hixenbaugh
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The Consulting Bible, 2nd Edition
- How to Launch and Grow a Seven-Figure Consulting Business
- By: Alan Weiss
- Narrated by: Alan Weiss
- Length: 8 hrs and 35 mins
- Unabridged
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The second edition of The Consulting Bible remains the most comprehensive and practical guide to the consulting profession, from launch to high growth, from marketing to implementation. Legendary consultant, speaker, and best-selling author Alan Weiss shows you how to create an independent or boutique consulting practice and take it to seven-figure success.
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Exactly as Titled
- By Anonymous User on 02-04-25
By: Alan Weiss
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Consulting Frameworks
- Use on your next startup, in an existing small business, or to ace the case interview
- By: Peter Oliver
- Narrated by: Virtual Voice
- Length: 56 mins
- Unabridged
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Consulting frameworks are what consultants use to frame a problem as well as its solution. Consulting is a specialty of problem solving, and these frameworks act as shortcuts to problem solving. It doesn't mean that they are exclusive to consulting! anyone can learn them to help improve their problem solving skills! For the ones interested in joining consulting, practicing 1000 cases doesn’t help if you don’t use a framework consistently. Therefore a better approach for preparation is to understand and memorize the frameworks followed by a few cases only to store the framework in your ...
By: Peter Oliver
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House of Cards
- A Tale of Hubris and Wretched Excess on Wall Street
- By: William Cohan
- Narrated by: Alan Sklar
- Length: 25 hrs and 16 mins
- Unabridged
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In March 2008, Bear Stearns, a swashbuckling 84-year-old financial institution, was forced to sell itself to JPMorgan Chase for an outrageously low price in a deal brokered by Treasury Secretary Henry Paulson, who was desperately trying to prevent the impending catastrophic market crash. But mere months before, an industry-wide boom had "the Bear" clocking a record high stock price. How did a giant investment bank with $18 billion in cash on hand disappear in a mere 10 days?
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Riveting "Read" About Credit Crisis
- By Thomas on 04-25-09
By: William Cohan
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No Choice
- The Destruction of Roe v. Wade and the Fight to Protect a Fundamental American Right
- By: Becca Andrews
- Narrated by: Marisha Tapera, Becca Andrews
- Length: 9 hrs and 23 mins
- Unabridged
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The pieces started to fall In 2019 when a wave of anti-abortion laws went into effect. Georgia, Ohio, Mississippi, Louisiana and Kentucky banned abortion after six weeks of pregnancy, while Missouri banned the procedure at eight weeks. Alabama banned all abortions. The die was cast. And on June 24, 2022, the Supreme Court overturned Roe v. Wade and, abortion immediately became illegal in 22 states. No Choice begins by shining a light on the eerie ways in which life before Roe will be mirrored in life after.
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Accurate and Compassionate
- By Anonymous User on 02-25-23
By: Becca Andrews
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Billion Dollar Whale
- By: Bradley Hope, Tom Wright
- Narrated by: Will Collyer
- Length: 12 hrs and 26 mins
- Unabridged
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Now a number-one international best seller, Billion Dollar Whale is "an epic tale of white-collar crime on a global scale" (Publishers Weekly), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude—one that would come to symbolize the next great threat to the global financial system.
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Couldn’t stop listening!
- By N Lane on 10-05-18
By: Bradley Hope, and others
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Start and Grow Your Own Consulting Business from Zero
- A Proven 7-Step Guide to Turn Your Expertise into Income, Win Clients Fast and Develop a Mindset for Success
- By: Matthew Robson
- Narrated by: Nick Gallagher
- Length: 4 hrs and 41 mins
- Unabridged
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Are you tired of living in the draining loop of work-eat-repeat? Do you want to leverage a new opportunity that can open the doors to more financial control and stability? Are you interested in making a legacy that can serve several generations to come? If you dream of living on your own terms, then you’ve come to the right place--you are about to discover how you can turn your expertise into a successful money-making model in just seven easy steps!
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Robson nails it-Masterpiece of clarity
- By Howard S. Gilbert on 07-27-23
By: Matthew Robson
What listeners say about When McKinsey Comes to Town
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- Amazon Customer
- 01-31-24
Outfucking standing
Worth the 10 hour listen, It will get u mad as hell if you aren’t a millionaire.
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- John
- 11-03-22
Be prepared.
This book is extremely well written and highly informative. The authors do a great job of conveying a lot of information in an engaging way that keeps your interest. It reads like a suspense novel about corporate greed, but frightening as you realize it's not fiction.
My warning is that you need to be in a calm state when beginning this book, otherwise the facts they recount can be disturbing. Especially if you, or someone you know, has recently been the victim of downsizing.
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- RIR
- 01-03-23
seems incomplete
at some point, in the end, the author mentions that mckinsey has done a lot of good things, but cités ni examples, it would have been more balanced to cite some so at least one can compare their full record. no?
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- David
- 02-01-24
They why behind many things you hate
Excellent presentation of logical steps that are behind many things we seem to complain about in everyday life or wonder why/ how did it get to be like this.
It’s always “follow the money”, but the book provides very insightful context.
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- dcard
- 05-18-24
well done ... where's the conclusion?
the book was well performed. the writing was... dire... but so was the subject matter. no conclusion... just ended. worth the listen though.
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- Native Commissioner
- 10-22-23
One of the most significant books of our age
This is a must read for everyone in a decision making position, especially in governance.
How McKinsey still bags as many government contracts across the globe speaks to how broken capitalism is.
McKinsey has had a hand in many of the most egregious outcomes of capitalistic endeavors. Their schtick as becomes clear in this chronicle is either deny or half-heartedly apologize after the fact.
This book is an amazing piece of irrepressible investigative journalism. I’m stunned the authors were able to uncover so much
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- Jennifer Blowers
- 01-06-23
The tail that wags the dog
Jen B.
I saw the hard copy of this book in an airport during a work trip, took a picture and downloaded to listen while working out. Never had better workouts!! Insightful, frightening, real and inspiring. Kudos to the authors for their bravery.
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- Ashley LeClaire
- 10-20-22
Couldn’t put this down!
Great book, and topic. So well written, I could barely put it down. This book gives you a lot to think about.
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- Randi
- 03-29-23
Fascinating
Interesting and revelatory. All is presented as fact although much would be difficult to confirm. Thought provoking at the least!
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- Amanda
- 12-24-23
Transparent and rage inducing
This book further reveals the corruption behind this company. I had to put this book down from time to time because of how enraging the practices of this firm are. Every chapter was another example of their commitment to revenue over safety, the customer, or even integrity. I knew of their role in the opioid crisis from Empire of Pain (another amazing book) and their philosophy to cut jobs to increase executive bonuses but this book gave me an even greater appreciation of their global impact. It also has me seeing the Harvard Business Review in a new light.
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