Stewart Pinkerton, The Men Who Came to Dinner. McKinsey remains the gold standard of consulting. What does it do to earn those hefty fees? Wall Street Journal, Sept 7, 2013
http://online.wsj.com/article/SB ... 36654158755022.html
(book review on Duff McDonald, The Firm; The story of McKinsey and its secret influence on American Business. Simon & Schuster, 2013)
Excerpt in the window of print: McKinsey's seal of approval, backed up by a heavily fact-based argument, gives management validation for whatever it wants to do.
Note:
(a)
(i) McKinsey & Company, Inc
http://en.wikipedia.org/wiki/McKinsey_%26_Company
(founded in 1926 in Chicago by James McKinsey, an accounting professor at the University of Chicago; In 1935, Marshall Field's became a client and convinced McKinsey to leave the firm to accept a temporary position and become its Chairman and CEO to help the company through a restructuring; McKinsey & Company is credited with creating modern management consulting; Headquarters Manhattan)
* The Firm
http://en.wikipedia.org/wiki/The_Firm
([among other organizations] The Firm, a common nickname of consulting company McKinsey & Company)
(ii) Booz Allen Hamilton
http://en.wikipedia.org/wiki/Booz_Allen_Hamilton
(founded in 1914 by Edwin G Booz)
(iii) Arthur D Little
http://en.wikipedia.org/wiki/Arthur_D._Little
(started in 1886 by Arthur Dehon Little, an MIT chemist at Boston; filed chapter 11 bankruptcy protection in 2002; after many changes of hand: Headquarters Brussels)
(iv) Boston Consulting Group
http://en.wikipedia.org/wiki/Boston_Consulting_Group
(founded by Bruce D. Henderson in 1963; Headquarters Boston)
(v) Bain & Company
http://en.wikipedia.org/wiki/Bain_%26_Company
(established in 1973 by a group of ten employees of The Boston Consulting Group; Headquarters Boston, Mitt Romney was a partner)
(vi) Enron (1985-2004; Headquarters Houston; President and COO: Jeffrey Skilling [convicted in 2006, whose prison term was, in a deal earlier this year, cut to 14 years, from 24 years)
(vii) Condé Nast Publications
http://en.wikipedia.org/wiki/Cond%C3%A9_Nast_Publications
(founded in 1909 by Condé Montrose Nast [1873-1942; American born]; Headquarters Manhattan)
(b) Mckinsey is "perhaps a respelling of McKinzie, a variant of McKenzie."
(c)
(i) Julius Nyerere
http://en.wikipedia.org/wiki/Julius_Nyerere
(1922-1999; the first President of Tanzania [formed in 1964. by merging Tanganyika and its neighbor] and previously Tanganyika, from the country's founding in 1961 until his retirement in 1985)
(ii) Marvin Bower
(A) Marvin (name)
http://en.wikipedia.org/wiki/Marvin_(name)
(a male given name, derived from the Welsh name Mervyn)
(B) The English/Scottish surname Bower is "from Middle English bur, bour ‘bower.’"
(C) bower (n; Middle English bour dwelling, from Old English būr):
"an attractive dwelling or retreat"
http://www.merriam-webster.com/dictionary/bower
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