Loaned out doesn't feel applicable here though. There are some consultancies that are primarily just staff augmentation. Like, here are some expensive workers for you to use for a while. That's not really what McK does. McK is doubtlessly very expensive. "pumping people up on the job" sounds like a bad faith way to describe training and investing in your employees.
I don't have a way to "prove" that the average net impact of McK consulting is positive, and for sure sometimes it won't be right. My only point is that most if not all of the clients I work with are blunt about not knowing how to do X on their own, and when we're done with the project they say they know how to do X. We do fixed price contracts, not per hour, and are incentivized to keep the scope fixed. Our prices are generally higher than competitors, but we still win bids. I don't need to believe McK is the greatest company in the world, but I strongly disagree that we're not making a good faith effort to help clients do things.
>"pumping people up on the job" sounds like a bad faith way to describe training and investing in your employees.
That's just it: the customers are investing in your employees by letting them learn on their job but never reap the benefit of the experience. It's not a long-term recipe for success.
There’s tremendous value in the repeated problem exposures the consultant received, combined with the rigorous framework thinking.
Much like McDonalds means every burger everywhere no matter who owns and runs that franchise is predictably decent, the principles of The McKinsey Way and frameworks like 7S and MECE mean every wet-behind-the-ears graduate is going to produce work of sufficient logic, data, and quality to plausibly support the position McK was hired to support.
Everywhere I look it’s just strategies to increase sales ,lay-off lower level employees and boost executive and shareholder profit .
https://www.mckinsey.com/business-functions/mckinsey-analyti...
I guess this group is a decent example of our public things, doing data science stuff to help human trafficking victims and what not. I don't have any experience with this group in particular and cannot speak to it. For my personal work space all I can say is that ~90% of my work felt morally neutral, and 10% felt morally positive.
One project was for a similar neutral task in an industry I think is detrimental to society so I declined to do it. That's also a thing which is encouraged and I think is nice. YMMV
That's asking for a lot of trust in an organization with a public history of doing damage to societies, like with the opioid thing or the Canadian bread price fixing agreement.