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  • McKinsey's public problems could have a surprising public solution.

  • You probably know McKinsey is a global consulting firm that helps companies find a sense of purpose and direction.

  • Well, it could probably use some of its own medicine.

  • Senior partners at the firm effectively ousted their boss, Kevin Snyder, this week by not reelecting him for a second three year term.

  • In a real break from the norm, McKinsey's had its fair share of controversies lately.

  • From his work for opioid producers and U.

  • S immigration authorities to the Saudi government, Snyder actually seemed to be making things better.

  • He doled out Apologies, settlements, and he also beefed up the internal processes by which McKinsey decides whether or not to take on controversial clients.

  • If, though, McKinsey really wants to show its clients and its future employees that it's being transparent and Proactiv, one option would be to become a listed company that would help outsiders Seymour.

  • Clearly, what's going on within but also public shareholders who have a habit of complaining or selling shares if they see something they don't like are a pretty good barometer unearthly warning system, if you like, for when an issue is going to become a big deal later, whether it's social governance or environmental issues.

  • Being public isn't a cure.

  • All listed companies could still end up on the wrong side of history, and McKinsey has remained staunchly private for a very long time.

  • It's possible those senior partners don't actually want to change it all.

  • But if McKinsey's next boss agrees that it's time for a cultural shove on, AIPO deserves some serious consideration.

McKinsey's public problems could have a surprising public solution.

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    林宜悉 posted on 2021/02/26
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