McKinsey

basic info

http://www.mckinsey.com91 Years Old
New York, USAConsulting
10000+ EmployeesPrivate company

McKinsey impact

108
Number of global offices
30
No of sevices/practises
1400
No of partners
130Languages
Consultants in Mckinsey come from

about McKinsey

McKinsey & Company is a global management consulting firm and a trusted advisor to leading governments, institutions, and businesses, including the majority of the world's 100 largest companies.

It has 100+ locations across more than 50 countries, with 20+ different industry practices and 8 major functional practices.

mission

Our mission is to help our clients make distinctive, lasting, and substantial improvements in their performance and to build a great firm that attracts, develops, excites, and retains exceptional people.

McKinsey story

Apr-1926
Invention of management consulting
James O. McKinsey, a University of Chicago professor and expert on management accounting, establishes his eponymous consulting firm. He sets an enduring tone of independence and establishes a commitment to rigorous research and training.
Jan-1936
An Obligation to Dissent
Marvin Bower, who joined the firm in 1933 and later served as managing director, first articulates the consultant’s obligation to advocate for what he or she believes to be true. After helping establish this obligation as part of the firm’s core values, Bower will later express it clearly in his 1979 book, Perspective on McKinsey: “When discharged in a client situation, this responsibility [to dissent] is one of our most important controls of quality. When discharged within the firm—and it frequently is—it can strengthen our management substantially.”
Jun-1944
Committing to a single firm
With the opening of a San Francisco office (the third, after Chicago and New York), the notion of building a loose network of geographic offices is permanently rejected in favor of a commitment to a single firm with a shared mission and shared resources.
Oct-1954
Toward social impact
With fewer than 100 consultants, McKinsey’s partners vote to undertake pro bono work for the Red Cross and other not for profits, establishing a firm-wide commitment to civil society that will continue throughout the firm’s history.
Aug-1959
Crossing the Atlantic
Less than a year after the first generation of jet airliners dramatically reduces transatlantic travel time, McKinsey opens an office in London—its first outside the United States. Within ten years, the firm will have offices in eight countries on three continents.
Jan-1964
First women MBAs join the firm
In 1963, eight women became the first female students enrolled in Harvard Business School’s prestigious MBA program. Three of the women in that class—Jane Glick, Jacqueline Browne, and Joan E. Griewank—join McKinsey as associates.
Apr-1964
Spreading knowledge
The McKinsey Quarterly launches as a vehicle for reprints of articles by McKinsey consultants and external thought leaders. Soon the Quarterly starts to publish original articles and gains an international reputation.
Jan-1970
Creation of the Universal Product Code
Working with the Uniform Grocery Product Code Council and with manufacturers and retailers of all sizes, McKinsey conceives of a system that assigns a unique code to every product sold in the United States. The development of the agreed-upon scannable linear code is put out to bid, and IBM wins the contract.
Feb-1971
Asia
McKinsey opens in Tokyo, Japan—its first office in Asia. This is the starting point from which McKinsey will expand to serve clients across the region from offices in more than ten Asian countries.
Feb-1976
Beyond geography
Under managing director Ron Daniel, the firm adds individual practices that span geographic boundaries, and each practice focuses on a specific industry. The new industry-focused partners become the firm’s first true global experts.
Apr-1984
A global organization
By the early 1980s, more than half of all McKinsey consultants carry non-US passports. Two years later, the majority of the firm’s partners—who jointly own and govern McKinsey—hail from outside the United States.
Mar-1990
Think tank
The McKinsey Global Institute (MGI) is established as an independent think tank to improve understanding of fundamental economic issues facing organizations globally. By 2015, MGI’s research agenda covers competitiveness, financial markets, growth, innovation, labor markets, natural resources, productivity, technology, and urbanization.
Apr-1992
McKinsey women
At a time when only 2 out of 100 US senators are women, McKinsey establishes a global initiative aimed at creating career paths, support, and working environments to help women succeed. McKinsey Women will go on to become a thriving global network and powerful resource that provides formal and informal mentoring, training, and relationship-building opportunities.
May-1995
Made in China
McKinsey opens offices in Shanghai and Beijing, cultivating Chinese clients and committing to the development of the country. An early client is a bottled-water company founded by four farmers; within a few years, it will be valued at $200 million. McKinsey’s presence in China will grow over the following decade from just a handful of people to more than 300 consultants.
Mar-1999
McKinsey Knowledge Center, India
Knowledge professionals at McKinsey provide consulting teams with rapid access to specialized expertise and business information. Today, the McKinsey Knowledge Network comprises more than 1,500 analysts and experts based in 70 locations globally.
Apr-2000
The third sector
McKinsey embraces the growing importance of not for profits, foundations, and other nongovernmental organizations by creating a practice dedicated to serving them. The Social Sector Practice will come to focus on four areas: economic development, education, global public health, and social innovation.
May-2007
Tools and solutions
McKinsey Solutions is created as an umbrella for a growing portfolio of web-based tools that provide clients with new ways to access McKinsey knowledge and expertise. Over the following years, its portfolio will grow to encompass more than a dozen solutions, including Energy Insights, Periscope, Organizational Health Index, Horizon 360, Finalta, and Wave.
Nov-2007
Climate change
McKinsey informs the climate-change debate by publishing the first global greenhouse-gas cost curve to rigorously compare the costs and abatement potential of hundreds of possible actions to reduce greenhouse-gas emissions. This becomes part of a broader effort in which McKinsey publishes research and advises clients across a variety of Sustainability & Resource Productivity topics.
May-2010
Turnarounds
McKinsey Recovery & Transformation Services is established to provide restructuring and turnaround support, including interim managers to take the reins at distressed or underperforming companies.
Mar-2011
Scaling up analytics
With a problem-solving approach grounded in fact-based analysis, McKinsey has always had strong analytic capabilities. The creation of McKinsey Advanced Data & Analytics builds on this foundation to provide clients with deep support in designing, creating, interrogating, and maintaining big data models to inform critical business decisions. The team comprises more than 200 experts, including analysts, data scientists, and data architects.
May-2012
Model factories
The 11th model factory is added to the McKinsey Operations Practice suite of assets. From the Lean Experience factory outside Venice, Italy to the Green Campus in Singapore (which is dedicated to energy efficiency), these workplaces offer client teams hands-on opportunities to experiment and learn.
May-2013
Digital Labs
Starting as an informal IT service to help clients and McKinsey teams create proofs of concept, Digital Labs grows into a thriving technology provider with more than 250 technologists. This capability helps clients put McKinsey recommendations into practice quickly by using agile development and rapid prototyping to build apps and other custom software.
Nov-2013
Consulting on the Cusp of Disruption
In a Harvard Business Review article, Professor Clayton Christensen concludes that a thriving McKinsey is consciously “disrupting itself” by innovating to meet the rapidly evolving needs of clients.
Feb-2014
McKinsey in Africa
McKinsey opens an office in Nairobi, Kenya, its seventh in Africa, serving clients across public and private sectors. With a focus on hiring locally and an outreach to African universities, McKinsey works to develop the next generation of leaders.

McKinsey products & services

McKinsey Advanced Data & Analytics

We turn data into actionable insights and improved performance. We identify the highest-value opportunities, source the most relevant internal and external data, apply world-class analytics and modeling, and drive adoption throughout the organization.

McKinsey Client Learning

We offer a variety of approaches to learning, from hands-on experience in model factories to online professional development. We integrate insights from years of client and knowledge work into our curricula. We use the latest digital technologies. We help clients translate their learning into daily business practices for lasting performance improvement.

McKinsey Digital

McKinsey Digital combines strategic thinking and technology expertise to deliver accelerated outcomes. We help clients separate digital opportunity from hype. We build business prototypes to prove that opportunities are real. We orchestrate delivery to ensure that technology investment translates into business outcomes. We build capabilities across the organization.

McKinsey Implementation

We work on-site with clients to help them move beyond recommendations and pilots—to achieve long-term improvement and measurable, bottom-line results. We help strengthen and align leadership, transform processes, optimize management practices, and in particular, build capabilities through rigorous and supportive coaching.

McKinsey Recovery & Transformation Services

RTS helps distressed companies and underperforming business units drive rapid and dramatic performance improvement. Our work ranges from acute crisis management to long-term recovery.

McKinsey Solutions

McKinsey Solutions is transforming the way businesses make decisions and achieve long-term performance improvement. Our Solutions combine McKinsey expertise with robust, scalable technology to harness disparate sources of data and provide a single, clear view on complex problems.

McKinsey team

Global Managing Director

Dominic Barton

Past: N.M.Rothschild ; Sons LimitedEducation : BA Hons, UBC, MPhil Brasenose college, Oxford UniversityLocation: New York City
Partner at McKinsey & Co

Sujit Chakrabarty

Past: HSBC India, Tata Motors (TELCO)Education : B.Tech-IIT Kharagpur, MBA-IIM CalcuttaLocation: Mumbai
Director

Vikash Daga

Past: IT Services, BPOEducation : PGDM-IIM BangaloreLocation: Gurgaon
Director

Rajat Gupta

Past: McKinsey ,Water Mission of the Federation of Indian Chambers of Commerce and IndustryEducation : BE-BITS Pilani , MBA-IIM CalcuttaLocation: Mumbai
Director

Alok Kshirsagar

Past: McKinsey Asia Center,National Association for the BlindEducation : BA-St Xavier’s College, Mumbai , MA-University of OxfordLocation: Mumbai
Senior advisor

Adil Zainulbhai

Past: Quality Council of India, Network 18, Cipla LtdEducation : B.Tech-IIT Bombay, MBA-Harvard Business SchoolLocation: Mumbai
India head of McKinsey & Company's economics research

Anu Madgavkar

Past: Peregrine Capital, Moody's, ANZ Grindlays BankEducation : BA-St. Xavier's College , MBA-IIM AhmedabadLocation: Mumbai
Partner at McKinsey & Company

Barnik Chitran Maitra

Past: McKinsey,NASSCOMEducation : BE-IIT Kharagpur, MBA-IIM AhmedabadLocation: Mumbai
Director

Rajat Dhawan

Past: ACMA, SIAM, Indian commercial-vehicle manufactureEducation : M.B.A, IIM Lucknow,Btech-IIT KanpurLocation: Delhi
Management Director & Global Leader of Outsourcing & Offshoring Practice

Noshir Kaka

Past: NASSCOM , BPOEducation : M.sc Finance-JBIMS Mumbai, B.Comm-University of BombayLocation: Mumbai

McKinsey office photos

Mckinsey World wide Office Photos

( 7 photos )

Mckinsey Hong Kong Office inside Photos

( 24 photos )

Mckinsey Gurgaon Office inside Photos

( 16 photos )

Mckinsey Toronto Office Photos

( 12 photos )

McKinsey office locations

Gurgaon Office
McKinsey & Company, Plot No. 4, Echelon Institutional Area, Sector 32
Gurgaon
Haryana 122001
0124 661 1000
Mumbai Office
Mckinsey & Company Inc, Express Towers, Vidhan Bhavan Marg, Nariman Point
Mumbai
Maharashtra 400021
022 2285 5532
Chennai Office
McKinsey & Company, 4th and 5th Floor, Alamelu Terrace, 163, Anna Salai, Mount Road, Aayiram Vilakku
Chennai
Tamil Nadu 600002
044 6641 3000
Bangalore Office
McKinsey & Company S -2904. 29th Floor, World Trade Center, Brigade Gateway, Dr. Rajkumar Road, Malleswarm–Rajajinagar
Bengaluru
Karnataka 560 055
0806674 4000

McKinsey amusing facts

Marvin Bower (director at McKinsey) sold his own shares back to the firm at book value when he was retiring, setting an example for his partners to follow.
    1. 1
      Marvin Bower (director at McKinsey) sold his own shares back to the firm at book value when he was retiring, setting an example for his partners to follow.
    2. 2
      The firm has grown into a global partnership serving three of the world's five largest companies and two-thirds of the Fortune 1000
    3. 3
      Almost 50,000 clients and business contacts receive the McKinsey Quarterly magazine today.
    4. 4
      As of 2008, McKinsey alumni held CEO positions with 16 corporations that have more than two billion dollars in revenue
    5. 5
      McKinsey was the first management consultancy to hire fresh graduates instead of experienced business managers
    6. 6
      New undergraduate McKinsey recruits are paid about 80,000 dollars, a year whereas senior partners are estimated to earn 1-2 million dollars, a year.
    7. 7
      McKinsey helped the Dutch government facilitate a turnaround for Hoogovens, now the world's largest steel company, through 1 billion dollars bankruptcy bailout
    8. 8
      McKinsey's shares have never been traded outside the organization
    9. 9
      According to the Financial Times journalist Duff McDonald, as of September 2013, the firm receives 225,000 employment applications annually and about one percent or 2,200 of the applicants are hired

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