McKinsey & Co is the biggest name in the consulting business. Established in 1926, it employs 30,000 people, maintains offices in more than 130 locations and counts Pete Buttigieg, the US transportation secretary, among its alumni. From vaping to non-profits, insurance to energy, government work to healthcare, the McKinsey thumbprint is there.
Traditionally, McKinsey possessed the luxury of distance, watching from the sidelines as clients bore the brunt of scrutiny, lawsuits and risk. But the space between field and bleachers has narrowed. McKinsey finds itself under the microscope.