McKinsey’s 90-Year Internal Firm History: From Accounting to Strategy Consulting PDF

McKinsey progressed from a 1920s accounting consultancy to a leading contemporary strategist, overcoming scandals via strong values, international expansion, and analytical rigor.

PDF TitleMcKinsey Internal Firm History
LanguageEnglish
Pages23
File Size240 kb
FormatPDF
Sourcehbs.edu
PriceFree

About PDF

  • Founded in 1926 by James McKinsey, an accounting professor, as a management consulting firm focused on applying accounting principles to management.
  • Grew rapidly in the 1930s and 40s under the leadership of Marvin Bower, who shaped the firm’s core values and principles.
  • Expanded internationally in the 1950s and 60s, opening offices across Europe and Asia. Became known for its rigorous, analytical approach to addressing clients’ strategic problems.
  • Continued growing in size and reputation over the following decades, cementing its status as one of the world’s most prestigious consulting firms.
  • While facing challenges in the 2000s due to its involvement in scandals like Enron, it remains a highly influential global advisor to corporations, governments, and non-profits today.

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