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Instructions

Week 10 Topic: McKinsey & CompanyYou need to post a comment before you can see the comments of others in your group.Read  "In Scandal's Wake, McKinsey Seeks Culture Shift" (https://www.nytimes.com/2014/01/12/business/self-help-at-mckinsey.html?module=Search&mabReward=relbias%3Ar%2C%7B%221%22%3A%22RI%3A7%22%7D&_r=0) by Anita Raghavan in The New York Times (January 11, 2014).This article covers a crisis situation faced by McKinsey & Company. In discussing it, please relate some of the things you learned in covering this subject through your reading and discussions.Start by (1) summarizing -- very briefly -- the key issues in this article. And (2) Based on your understanding of some of the key principles/practices you have studied, comment on Mr. Barton's actions to address the key problem he believes McKinsey & Company was facing throughout the worldwide McKinsey & Company organization.

Answer

McKinsey & CompanyMcKinsey & Company is a US strategic advisory company and a valued advisor to major companies, governments, and organizations worldwide. In 1962, the firm was formed by the University of Chicago's accounting professor Mr. James O. "Mac" McKinsey. By offering expert advice and obtaining outcomes for businesses and governments, the Company has gained global recognition. Over the decades, McKinsey has helped multinational enterprises learn how to reach emerging markets across the globe, engage more efficiently with their worldwide competing players, and leverage efficiencies and boost business at all levels (Raghavan). McKinsey is drawn not only by businesses and policymakers but also by their solid research and recommendations and their independence and the long ter...

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