These mini-documentaries are amazing. They're all so high quality and in-depth like you'd expect from a professional news network, but easily digestible like you'd expect from a KZitem video. You guys have a good formula at this point, keep up the good work!
@Idontbelievethehype2
5 жыл бұрын
CNBC is kind of a professional news network.. just sayin'.
@jackielove2737
5 жыл бұрын
Excellent review!
@werwer12341
5 жыл бұрын
@@Idontbelievethehype2 read it again smartass
@ojurerekingsley7307
4 жыл бұрын
There's a channel called coldfusion which you may like!
@weswest8666
4 жыл бұрын
It’s advertisement masquerading as news.
@tronicbasez1814
5 жыл бұрын
Ads are getting smarter.
@priceless2353
5 жыл бұрын
Lmao South Park
@streetrossi4966
5 жыл бұрын
Touche
@mohaamd_7505
5 жыл бұрын
McKinsey doesn't need to advertise itself tbh.
@keylor_cr
5 жыл бұрын
Mckinsey does not do ads
@fadhlif6510
5 жыл бұрын
Hahaha true
@ibrahimseck8520
5 жыл бұрын
CNBC's KZitem game is on point !
@Danybella
5 жыл бұрын
Agreed. The videos are well made and well researched.
@stevenbishop951
5 жыл бұрын
FACTS
@Minatures
5 жыл бұрын
CNBC is becomming the best KZitem channel about business.
@CC-sp6kl
5 жыл бұрын
I can't stop watching these lol
@jonathanpalmer228
5 жыл бұрын
@LuminaPursuit some of their video have been bias.
@ericwedin4154
5 жыл бұрын
Worked with their consultants and I was most impressed by their invoicing capability. World class there... their report was read by nobody really and we ended up teaching their junior consultants our business while being invoiced...
@zaph2580
5 жыл бұрын
Mission accomplished! Getting money and free training for junior employees.
@Alphadog123123
5 жыл бұрын
A consultant will steal your watch, and then tell you the time!
@inquisitvem6723
4 жыл бұрын
They’re a ripoff....don’t ever use them
@armanke13
4 жыл бұрын
"Hippity hoppity your management processes data and secrets are now ours.."
@generalripper7528
4 жыл бұрын
My grandfather was a Commissioner with the German Federal Ministry of Finance in the 1970s, where he basically developed, adjusted and reformed the tax system of Germany. One day they sent them a McKinsey consultant and he asked my grandfather why the country didn't simply get rid of the income tax ... so much for the "SWAT team of analysts".
@theanchhaybun6077
5 жыл бұрын
Of course, they’re going to be secretive. How else can u advice two opposing companies of the same industry and maximize profits?
@chenleu4956
5 жыл бұрын
Depends who paid more money.
@htpcnz7378
5 жыл бұрын
@@chenleu4956 wrong if you do that only one side will ever come to you from that day onward and other may not trust them either. By being secretive you maximize your opportunity to play all sides and make even more money...
@anggamulyawan5648
5 жыл бұрын
Htpc Nz agreed, if McKinsey is not doing a secretive consulting between firms in the same industry by only favoring one firm that pay the most, there will be no competition. Means that no more business for McKinsey. By favoring firms in secrecy allows them to grow as a company and innovate more. It’s like McKinsey become a director behind the scene of business competition
@blackstoneconsulting5963
5 жыл бұрын
Ur ignorance is screaming from the roof. There is something called "non-compete" and "non-disclosure" in all such deals
@thehoneydeev
5 жыл бұрын
Chen Leu unless you can have both companies paying you
@chris_af
5 жыл бұрын
CEO: I think 2+2 might = 4, what do you think? COO: I don't know....2+2 might =5... CEO: Lets get external perspective. (Pays $1000000) McKinsey: 2+2=4
@Quball87
5 жыл бұрын
LOL
@WeiLiuhaha
4 жыл бұрын
McKensey: 2+2=4.5
@paranoidhumanoid
4 жыл бұрын
🤭🤭🤭
@_lakshay
4 жыл бұрын
Exactly, India's largest bank SBI had given them a Task to find out "Why their employees leave their company after working for a really short period of time?" McKinsey said "because of low wages"
@chiragshah139
4 жыл бұрын
@@_lakshay Awesome!
@2010sourabh
5 жыл бұрын
I think this video is sponsored by clever mcKinsey.
@sunnyahmed8840
5 жыл бұрын
True
@Grumpycat95
5 жыл бұрын
They easily afford it.
@sunlightdavid
5 жыл бұрын
PR also needs to change. This 'soft sell' only worked when people were less educated. With everyone on the streets with a degree, a PR spin doesn't work at all.
@BillStrathearn
5 жыл бұрын
Every video on this channel is similarly shaped and influenced by the marketing departments of the companies they are covering. Thinley veiled commercials for sure.
@Calm_Energy
4 жыл бұрын
You think CNBC would sell out like that? I hope not but you're probably right
@PretentiousStuff
4 жыл бұрын
I just watched a 16-minute ad from CNBC and loved every second of it.
@eddiestilll
4 жыл бұрын
in Canada, the goal of a lot of top business school students is to eventually end up in mgmt consulting, and more specifically 1 of the MBB (McKinsey, Boston Consulting Group, or Bain)
@zoekenny3619
3 жыл бұрын
Yes business students seem to suffer from a distinct lack of imagination. Also no-one can ever really answer what they learnt in business school. Seems like they are ideological cramming schools where the desired end result is slickly dressed clones whose mission in life is to make businesses more profitable and efficient, usually through sacking loads of hardworking dedicated staff.
@TheEd0206
3 жыл бұрын
same as in Indonesia
@kebabbert
3 жыл бұрын
The guy in the video says that hedge funds pay much more than mck. Hedge fund PM can earn many hundreds of millions of USD. This is impossible as a consultant
@Derk01
Жыл бұрын
kzitem.info/news/bejne/uqqEk4ttkJZ8aI4
@stephanlinska6584
5 жыл бұрын
Greetings from Germany. Where McKinsey is more influental in the military than the actual defense minister.
@qstunrr
5 жыл бұрын
Hekeika Hekeika No way haha
@jackhands31
4 жыл бұрын
How can they became more influential?
@silvertarus1862
4 жыл бұрын
🤣🤣
@justicejoycetv
3 жыл бұрын
Are you serious?
@edised71
3 жыл бұрын
Greetings from France, where they "helped" the French government with the Covid so-called "management"
@lafkdjay
5 жыл бұрын
McKinsey is basically TaskRabbit for CEOs.
@paranoidhumanoid
4 жыл бұрын
Except they don't understand how things work on the ground. It's just an Adderall test lab for young MBAs.
@victornderu143
5 жыл бұрын
I have become addicted to these CNBC videos. Great work.
@AyoolaBoyejo
5 жыл бұрын
Same here.
@el_projects
5 жыл бұрын
If DeNiro talked like Terminator
@IamGodSon
3 ай бұрын
You're talking of andre borschberg, right?
@el_projects
3 ай бұрын
@@IamGodSon right
@dominicj7977
3 жыл бұрын
As an engineering graduate working in a similar consulting firm, I can guarantee that all we are doing is selling over-glorified ppts to clients and hoping that they buy whatever is presented. Essentially exploit the ill-knowledge of some clients to make profit.
@changeuaself
Жыл бұрын
That's good as u have acknowledged the fact! Complete society is driven by such things if u closely observe
@999timepass
Ай бұрын
Tech sector too.
@JCB576
5 жыл бұрын
In a nutshell: They are like the SWAT-Team for CEOS
@iantolee
5 жыл бұрын
dantelo88 nah, KGB dude
@Pauloveskim
5 жыл бұрын
dantelo88 yea.. the company sounds like it’s funded by the CIA , a front company.
@israelafangideh1454
5 жыл бұрын
I think you mean SWOT team
@onee
5 жыл бұрын
@@Pauloveskim You sound like you wear a tin foil hat.
@YourXellency
3 жыл бұрын
@@israelafangideh1454 I think he meant the SAWFT Team.
@WHITELIONNYC
5 жыл бұрын
This channel is better than Business Insider. They have become junk like Yahoo.
@justrandomthings319
3 жыл бұрын
Very little "business" goes on on that channel.
@wackytheshaggy
3 жыл бұрын
I’ve worked with consultants and have done assessment centers with McK and others. The people that work there are top class, fun, smart and very good at problem solving. It’s just that most problems are too complex to be solved by bringing in some smart people for a few weeks. And as a result they write reports that any intern could write and recommend stuff the management wants to hear.
@emmettfolger5924
5 жыл бұрын
2:54 that guy Andre Borschberg has a lot of Robert De Niro in him
@danielngongang9419
5 ай бұрын
haha. true that!
@BenjaminBiltean
5 жыл бұрын
Nice to see Robert DeNiro as CEO.
@GrowMoneyWithAI
5 жыл бұрын
Beniamin Biltean 😂beat me to this
@leanbeefcake
5 жыл бұрын
+1
@johnk1898
5 жыл бұрын
😂😂😂
@cryptobuzz1680
4 жыл бұрын
From Irishman to GODFather to CEO
@SVC-hz6dq
4 жыл бұрын
He might even invoice higher with McKinsey than what he does in Hollywood...
@rustoo3823
5 жыл бұрын
@CNBC: Please do a video or a video series on the processes that firms like McKinsey, Bain, etc use in their management consulting process. That would be very insightful!
@crimesofthecentury2714
5 жыл бұрын
My old company ended up with an ex-Mckinsey as the CEO. Long story short, I left to work at a much more stable and successful company and am very glad I did. Essentially, they are about disruption that does not result in improvement it results in the need to keep improving the mess they've made and bringing in more consultants.I cringe when I hear their name.
@falkenvir
5 жыл бұрын
That's probably why He's Ex-McKinsey
@chris_af
5 жыл бұрын
I have seen this
@kenyanfacts4575
4 жыл бұрын
i wouldn't work here even if am paid millions, they are very rude to their vendors/supplier and the company encourages this behavior all in the name of they work under pressure #ihatethiscompany
@pwnmeisterage
5 жыл бұрын
You'd think a company would get rid of managerial bloat and deadweight. Instead they outsource even more managers to run things properly.
@larrygerry985
4 жыл бұрын
I worked in company that dealt with McKinsey. It led to 2 terrible decisions that ultimately led to the company's bankruptcy. Moreover, everyone I know that has dealt with them in a professional basis is that they always advise to lay off 30% of staff. The company I worked with were paying them 100s of thousands a week. Not a great return
@honkhonk8009
3 жыл бұрын
Lmfao the conflict of interests in the company is astounding.
@thebookwasbetter3650
2 жыл бұрын
That is the exact reason why you need an objective outsider to come in and advise sometimes. 30% layoffs might be required and the company's leadership team might agree but on the other hand, find it difficult to swallow.
@triggeredlonda4317
2 жыл бұрын
@@thebookwasbetter3650 America needs Japan like culture working 14hours a day so company can cut half.the staff
@rond5936
Жыл бұрын
I work in the Architecture, Engineering and Construction sector(AEC). It is always strange when someone who is not at my level of experience or qualification tries to advice me on my job. Because it's always clear that they don't know what they are talking about, or I'm already doing what they are talking about.
@TreDogOfficial
Жыл бұрын
Yeah it sounds like they've come a long way from inventing barcodes. It sounds like they've run out of innovative solutions. The barcode dilemma existed in a very primitive era of commerce. Finding ways of increasing productivity that rivals such an efficient systematization, it's gonna be next to impossible. So it seems, all they can do for your company is bluntly terminate a large portion of your employees. A business owner doesn't need to help fund a $500,000/year salary for that level of service.
@abipray
5 жыл бұрын
CNBC is the most underrated channel in all of KZitem
@The_Revolutionist
5 жыл бұрын
It's not a YT channel.
@navinsood7302
5 жыл бұрын
*McKinsey was consulted on this video😜
@ImadeIyamu
5 жыл бұрын
Navin Sood you may not be too far from the truth 😅
@nick4556
5 жыл бұрын
I worked with them and they were very good at launching terms like don't try to boil the ocean...but no firm solutions or proposals
@AlfredMugho
5 жыл бұрын
You should analyze PwC and the Big 4 next! Love these!
@smartyyoung7319
5 жыл бұрын
Yeah, Deloitte first.
@Jeebus0143
5 жыл бұрын
@@smartyyoung7319 PwC is king son
@putikeswarasudarsono
5 жыл бұрын
It depends on which either of them pays
@comradebear9477
5 жыл бұрын
They're all frauds, like all Consulting firms.
@Friendznco
4 жыл бұрын
Lol Big 4, 21st century slaves if you stay longer than senior associate at a Big 4 you are an idiot in my mind.
@DanielIles
5 жыл бұрын
As a small business consultant I can see the appeal of these companies but I think the size and overhead of these companies will fall to small consultants such as what happened with accounting firms.
@americancivicsinstitute6801
3 жыл бұрын
AKA: if you work for McKinsey you get access to all of the inner workings of a company. Therefore you can use that information to start your own company. AKA: Going to work every day at McKinsey is the same as doing a case study for an MBA. Or several. And getting paid for it. Instead of paying for the MBA.
@americancivicsinstitute6801
3 жыл бұрын
Or as one McKinsey Consultant said to at Georgetown University Medical Center, just before MedStar came in to manage it. "Ok, I am going to give you some homework, go home and write a 3 page paper on how we can improve services in your department." Really? Why don't you just tell me to do your work for you, and pay me twice?
@ravitejagangineni9070
5 жыл бұрын
In 1990s they advised the Chief Minister of Andhra Pradesh which led to severe tax cuts and roll back of welfare measures. This affected farmers of the state very badly and led to a number of farmer suicides.
@akhilmishra7129
5 жыл бұрын
Think they have also advised Modi on implementation of Demonetization
@Zayden.
5 жыл бұрын
AP made money though, that's what matters
@kkgt6591
5 жыл бұрын
It seems like a logical thing to do.
@cs-mi8ur
3 жыл бұрын
And it did wonders for new industry.And now hyderbad is hunb for technology and precision manufacturing.Farming is pretty much dead.
@gradstudent584
2 жыл бұрын
As much as I detest McKinsey, I must say socialism has permanently destroyed India. In that I agree with them.
@douglei4413
5 жыл бұрын
I bet you the first thing they said when they got hire as a consultant was to fire half of the employees and make the rest of the employees work harder ("quantity over quality")...No more 1 hour lunch breaks, just 30 minutes now....
@fredb303
5 жыл бұрын
Sounds like a promo piece.
@wholelottapain8130
3 жыл бұрын
That’s because it is.
@dawuid1491
5 жыл бұрын
2:58 Robert De Niro is that you? lol
@jctai100
5 жыл бұрын
Everytime I hear the phrase "management consultant" I think of the series "House of Lies" and question pops in my head "What the hell do managment consultants do?"
@DanielIles
5 жыл бұрын
jctai100 as a financial and management consultant myself: I bring new ideas to business owners and stress test their current ideas.
@danielrazulay
3 жыл бұрын
weaken your business so much that you go insolvent so their secret partner can take over.
@jamescaley9942
3 жыл бұрын
Employees spend hours preparing data and MckInsey put it into a powerpoint slide set. "Efficiency" means removing quality control measures while consultants learn by going from one client to the next.
@MrBlinder514
5 жыл бұрын
This company made the national strategy for Saudi.
@jzk2020
5 жыл бұрын
You mean to upgrade Saudi Arabia and bring it to the 21 century ?
@PirateTHESteam1
5 жыл бұрын
@@jzk2020 Kind of. Depends on what you mean by that. McKinsey works closely with the crown price of Saudi Arabia and together they drafted Vision 2030 which aims to wean Saudi Arabia from its dependency on oil revenues and modernize its economy. They also plan to (you wont find this on their Vision 2030 website) help Prince Mohammed consolidate power and in that make sure that the Saudi family stays in power. Rumor has it that they even helped his crackdown on dissidents. Now, the fact that Saudi Arabia is a dictatorship and that the Prince is aiming to grab more power for himself is of course terrible from a ethical point of view. But the plan itself is not all bad though. McKinsey's and Mohammads plan, if it succeeds, will change the both character of Saudi Arabia and the tone and tenor of Islam across the globe for the better. But they're still taking money from and helping a dictator.
@feweqfwefwef9912
5 жыл бұрын
C. Lincoln upgrade? Lol they need to stop beheading the infidels first but it’s usas friend so no sanctions, nothing bad come from Saudi Arabia according to the trumpanzee
@ameyas7726
5 жыл бұрын
Rumor has it Mckinsey also planned Kashhogi murder!
@simplethings3730
5 жыл бұрын
@@ameyas7726 A huge risk for little gain. I don't think they're that stupid.
@ilove2929
5 жыл бұрын
The footage makes this like an ad or campaign video.
@MysLed
5 жыл бұрын
This was created with really sincere and good intentions but once some evil and greedy individuals realized the potential powerhouse that this could become was it's downfall.
@mastermindedmind
5 жыл бұрын
Its downfall
@krishnenduray1758
4 жыл бұрын
these management consulting firms always come up with one solution ,fire employees to maximise profit.
@bryanshapiro6977
4 жыл бұрын
Cuomo has hired them to develop ways to "trace; identify; quarantine" Covid positive folks over the country, so that NY can track and control who enters HIS state....get ready....you'll need a QR code on your phone to travel... just like PRC.....
@zachalbers6628
5 жыл бұрын
Ok, It was definitely an interesting video and a lot of valid points were made but I feel like not a lot of evidence was really presented for each case, like it said Sheryl worked at McKinsey which while true, after a quick google search showed she only worked their for a year after graduating. A lot of the other 'cases' didn't really prevent much evidence it seemed, besides saying that the company had received consulting from McKinsey. I know a lot of it probably isn't retrievable because of the secrecy around the company, but I would have been interested in hearing more about the correlation between McKinsey consulting and the impact on the company. Regardless, I definitely agree on the point that the company needs a LOT more transparency, so the sketchy stuff that's been going on can be figured out
@axezazel
5 жыл бұрын
Time to send that resume 👌🏽😁😁
@TheCarmacon
5 жыл бұрын
Those people see everything as a competition. They think they're in a competition 24/7. If you are of no use to them, they won't waste a second of their attention on you. It's an extremely hostile environment, even when you're in a team because you are still competing with your colleagues for the next promotion or making partner. If you cannot enjoy life when there's no competition, it's not for you.
@jpascal7767
5 жыл бұрын
i got my cv shortlisted using the cv tips from theabundancepsyche.com 1st interview next week, fingers crossed!
@nzmanhdee6246
5 жыл бұрын
J Pascal heh what a life lol 😂
@jpascal7767
5 жыл бұрын
@Snow 123 Not yet bro, tomorrow's the d-day.. their processes are slow, i'll tell you that!
@amitpalbains9361
5 жыл бұрын
Unless you got a 4.0 at a prestigious college, they won’t look at your resume unless you have a lot of experience.
@folumb
4 жыл бұрын
All of the most pathologic people in my med school class; the kids who only wanted to tell people they got into med school or that they were doctors, rather than actually do the work, were poached by recruiters to try out for consulting groups like BCG and McKinsey. I don't have much respect for their line of work, no matter how much money they make or travel they do.
@skhan1992
2 жыл бұрын
Yup, psychotic Type A's are a perfect fit for MBB and IB
@lelele1408
Жыл бұрын
Lmao that's my goal too
@ys_8557
10 ай бұрын
😂😭@@lelele1408
@groove9tube
3 жыл бұрын
Whenever McKinsey came into our company it meant massive layoffs ahead.
@ozland7172
5 жыл бұрын
i just applied a job a few days ago and here we go.. : ) it is in my recommended videos..
@leomai5956
3 жыл бұрын
how did it work out for you?
@ryann5568
5 жыл бұрын
Dat webcam quality. Can you guys send a webcam to the poor guy?
@abercrombie4lyfe
5 жыл бұрын
You could take our "McKinsey" and substitute any of the big consulting firms in there. Any big consulting firm is great at developing and running teams... Its a difficult and hard process. In some cases, you have multiple iterations of teams (i.e., team restructuring) but when working with F500 or even F1000 companies, you have to be agile (buzzword) and change when industries change. Anyone fortunate enough to work at one of the Big 4 accounting firms or the Big 3 Consulting firms will have a bright future in developing high performance teams.
@Scott-by9ks
5 жыл бұрын
When companies get that big and comprehensive there are bound to be conflicts of interest. In the US we have gone on a surge of nearly 40 years of deregulation that has created enormous conflicts of interest that are either ignored, swept under the rug or celebrated.
@romancandlefight1144
2 жыл бұрын
Surge of deregulation? What planet would that be on sir? There are over 100,000 federal laws and millions of regulations
@DipayanPyne94
Жыл бұрын
@@romancandlefight1144 You really know nothing, do you ? Corporate tax cuts, profiting without producing, starvation wages, outsourcing etc etc. It's all been possible because of deregulation. Mega corporations are having a ball now. Does that mean that all regulations have been removed ? Absolutely not. It's just that many regulations have been removed. The impact of that on society has already been devastating.
@thebookwasbetter3650
2 жыл бұрын
We used Bain & Company for a feasibility of our plant expansion. We paid them around $650,000 to tell us what we already know and that is that we should move forward. Some people look at that and think consulting is a scam. But this is what companies do to minimize risk. There's nothing wrong with getting a second opinion on a huge investment. The 650k was a small price to pay for that.
@skhan1992
2 жыл бұрын
If you have 650k to waste then go for it.
@skip6485
3 жыл бұрын
We used McKinsey for a culture review in our company. It’s nice to use them once when you’re beginning to grow as a company (you’d learn how they do their studies, which can help you do your own studies in the future) but after that don’t use them again as you should be able to conduct your own internal studies. Their REAL and possibly only permanent strength is their comparison. When our study was completed, a part of it had comparisons to “Company 1” “Company 2” etc, this information from competitors (even if they weren’t named) was invaluable Also they make neat reports lol
@zj5308
2 жыл бұрын
thats why they are used mainly. For outside opinions
@raosiddharth4726
5 жыл бұрын
i love this series from cnbc, worth time and love
@Mashburn007
4 жыл бұрын
Legend has it that , this video is brought to you by McKinsey 😂😂😂, I am just kidding, I really wanna work there ASAP 😍😍😍😍
@tedh.8356
4 жыл бұрын
In other words they helped destroy the US middle class.
@MrFally2009
5 жыл бұрын
Elite: get into Ivy League school and apply ( Watch House of Lies as well) Or Get a MBA, JD, PHD to be considered for an interview
@mattvickery15
5 жыл бұрын
Sounds more like a private intelligence firm
@solid1378
5 жыл бұрын
When I 1st started my career in Finance, with an engineering degree, I worked for a company that hired McKinsey. Let's just say "efficiency" is the Capitalist buzzword for human carnage. When they were done with their "efficiency" review, 20% of the company's workforce was tossed to the streets. The company became hugely profitable for a short period of time, however getting rid of so much human capital took its toll, and the company eventually sunk into mediocrity, lower profitability and irrelevance.
@SM-ly5tf
4 жыл бұрын
How did you make the move from engineering to finance? And what position do you work in now?
@indianetizen
5 жыл бұрын
This episode brought to you by McKinsey
@dahasolomon7314
3 жыл бұрын
This video tells me absolutely nothing. How did they become so powerful? What are the direct links between the alumni and the company?
@manisai7120
3 жыл бұрын
McKinsey started in 1926, back then there weren't many famous consulting firms and Mckinsey used that to their advantage by selling their ideas aka solutions to the business problems in various large companies. As most of the large companies are already uses to McKinsey's services, they keep coming back for more. And everything else has been briefly explained in the video. In my opinion, it was pretty informative but you're right, there really is so much more to know about this secretive firm's success.
@tristanmoller9498
2 жыл бұрын
Thanks man. I did not understand the praise for this video in the comments. It’s like I learned nothing new here.
@HermanHerrera
5 жыл бұрын
This reminded me of good series “House Of Lies” with Don Cheadle.
@ta9637
5 жыл бұрын
sooooo goood
@harendrasingh_22
5 жыл бұрын
1:47 woah ! McKinsey did BarCode thing ! Wow !.
@bkassymov6222
4 жыл бұрын
Wow such a great invention 🤣
@TheMu113n
5 жыл бұрын
Their alumni network must be phenomenal if they were able to get Robert De Niro'a european brother to work for them
@hayaglamazonluxe
5 жыл бұрын
Excellent video. Make more like this!
@liambolling
5 жыл бұрын
Successful companies don’t use McKinsey.
@AskMiko
5 жыл бұрын
Their shareholders make them use them at least once. Might be a way for them to build their data intelligence division. You'll be shocked at how many of the Fortune 500 have used them at least once due to shareholder pressure.
@PY-vh6in
5 жыл бұрын
You don’t know anything about successful companies then! 80% of them use McKinsey!
@Tpb247
5 жыл бұрын
Every College Grad: cool, let me dust off my CV! McKinsey HR: Marketing department sucks!
@fleischwolf82
5 жыл бұрын
is this an ad?
@adamfitz7695
5 жыл бұрын
Yes
@sfiso4114
5 жыл бұрын
fleischwolf82 its a "paid feature" CNBC actually hired Mckenzie to advise them on how to monetize social media. And here are paid feature.
@tvm73827
5 жыл бұрын
Wow such a long ad! It would have been more credible had it included a few negative bits too.
@Jasongy827
5 жыл бұрын
So crazy, and dangerous. It has the power and influence.
@michaelgonzalez216
5 жыл бұрын
this is just a 16 minute long McKinsey ad, that glosses over the more controversial points of the companies history, while promoting the companies services.
@focofox37
5 жыл бұрын
I have first hand experience with the feedback loop generating conflict of interests within our biggest corporations. McKinsey is truly terrifying on this front. Employee empowerment always outperforms these SWAT teams of outside consultant firms. Delivering process improvement is something that should be coached, not held as a trade secret.
@killerpant1150
5 жыл бұрын
McKinsey : We are the most powerful company in the world Google: Hold my beer
@sirius1ish
5 жыл бұрын
They actually control Google
@VinnyLam
5 жыл бұрын
I don’t think you understand how much power and influence McKinsey, and other management firms, truly possesses. People talk about Google, Facebook, and Amazon all the time, but they seem to ignore the true masterminds who operate behind the scenes.
@Ryo42526
4 жыл бұрын
lots of employees at Google are from McKinsey
@blitztt94
2 жыл бұрын
The CEO of Google is literally ex-McKinsey if you watched the video lol
@YapperU
4 жыл бұрын
Was this a documentary or an ad?
@MoChoudhury91
5 жыл бұрын
Great content CNBC but let’s not forget that this video is a PR play by McKinsey
@zy2870
5 жыл бұрын
Why not cover BCG and Bain at the same time
@mohammedhussain6749
4 жыл бұрын
Zhang Yu when talking about usain bolt do you also mention the people that came 2nd and 3rd in the race. No
@silvertarus1862
4 жыл бұрын
@@mohammedhussain6749 😂😂🤭🤭
@cherifs4542
4 жыл бұрын
@@mohammedhussain6749 😂😂😂😂😂😂😂😂
@iironhide6209
4 жыл бұрын
@@mohammedhussain6749 got emm
@VikasKumar-nq8if
3 жыл бұрын
Working with these big consulting companies is that it makes great contacts in industry and that is why so many alums of these consulting companies are leaders of many big corporates.
@jeffhan8611
5 жыл бұрын
Solar Impulse guy looks a lot like Robert De Niro
@sean3533
5 жыл бұрын
Im not alone in that thought
@xdemgeo3581
Жыл бұрын
Consulting is basically professional bullshitting
@theorex8621
5 жыл бұрын
Seems more of a paid commercial then documentary 🤣🤣🤣
@obetganda
4 жыл бұрын
BOSTON CONSULTING GROUP MCKINSEY BAIN & AND COMPANY ALL BIG3 CAN BE SEEN ALSO IN SAUDI ARABIA. They don't just give advice to private companies most of their clients are government.
@markburnham7512
3 жыл бұрын
I worked at a company as is got "McKinsey'd". I watched the company go from a fairly humane enterprise to absolutely cut throat.
@ahsanhamiddurrani1792
5 жыл бұрын
Your forgot to mention Taimur Saleem Jhagra, the new finance minister of KP Pakistan. He was previously in McKinsey.
@ghaithghazi6748
3 жыл бұрын
As someone working in a company that usually needs consultants. McKinzey is in a whole another level. We (a billion dollar revenue company) only wish they show interest in our projects.
@huseyn.abizadeh
2 жыл бұрын
Hello I'm wondering what happened to your company
@yudhveer99
2 жыл бұрын
@@huseyn.abizadeh it probably shut down lol. What a disgusting wannabe
@Derk01
Жыл бұрын
kzitem.info/news/bejne/uqqEk4ttkJZ8aI4
@jackalpha9670
5 жыл бұрын
People focused on Google and Facebook, and forgot about the real bad guys.
@johnjones4502
5 жыл бұрын
they Mckinsey looks like a skimmer.When stuck with corruption charges I wouldn't doubt a lot of employees will have taken the money and run
@Murlur
5 жыл бұрын
Didn’t know Robert De Niro used to work at McKinsey 03:10
@isra3638
5 жыл бұрын
I’m here just selling my business in downtown Minneapolis, Minnesota for $200,000.
@shivam.mishra7300
5 жыл бұрын
Wtf
@ashmichael5679
5 жыл бұрын
What business is it ?
@isra3638
5 жыл бұрын
Ashwath Athreya Day care for children
@isra3638
5 жыл бұрын
69subscribers without any video without any video Wasup are you ok man?
@djchedd
5 жыл бұрын
Where is it at
@CHMichael
4 жыл бұрын
I'm always surprised on how many smart successful people dont know about McKinsey
@nofavors
5 жыл бұрын
I've had a very bad experience with Mckinsey folks. These guys are overpaid and over hyped. They are not experienced enough to solve domain specific problems. On top of that they are arrogant and interfere instead of advising.
@MrGaluhJP
5 жыл бұрын
Yup, agree on that, but consultants were basically like that , they must "know" everything eventough its wrong and not applicable
@mobinrood4986
5 жыл бұрын
So many of the people there who do most of the groundwork are fresh graduates (Bachelors/MBA degree) or people at the early stage of their careers, it is hard to expect a deeper domain-specific experience. Is it worth the money paid for what these guys do? I highly doubt so. However, it is often with the backing of companies like these that certain management agendas could be pushed to the higher levels. That people are willing to pay for services as such shows that there is still a strong perceived value towards them. So essentially what McKinsey had done best is not in providing actual business value, but in increasing its perceived value via its decades-long branding. I think they are way overpriced too anyways.
@xianliu7178
5 жыл бұрын
I think you've hired McKinsey folks to answer the wrong question. They are never known for solving tactical problems with specific domain expertise. Why not hiring a domain expert or guru?
@TauronB2G
5 жыл бұрын
Worked for them for a few years when I was fresh out of school in a support role. They are full of it. They waste a whole lot of money, rehash the same work over and over again.
@kenyanfacts4575
4 жыл бұрын
i wouldn't work here even if am paid millions, they are very rude to their vendors/supplier and the company encourages this behavior all in the name of they work under pressure #ihatethiscompany
@kisut7
5 жыл бұрын
Nobody: McKinsey: lay off everyone.
@twang96
3 жыл бұрын
This whole video is just the same 3 people interspersed with stock video. Bravo CNBC. Bravo.
@waleed8530
5 жыл бұрын
if you want to go downhill and like to experience quick bankruptcy, better call McKinsey.
@ezekiellucas4857
5 жыл бұрын
Genuinely curious: what are some of the biggest examples of them causing what you described?
@waleed8530
5 жыл бұрын
@@ezekiellucas4857they tend to propose what pleases the boss and target severe cuts to civil services (just to get their check and leave), they also have some shady practices like working as an intelligent officer for authorities (basically snitching on people who disagree with their economic solution and approach)
@ezekiellucas4857
5 жыл бұрын
@@waleed8530 interesting-- thanks for your reply. If you don't mind me asking-- is your background big4/mbb? I suppose my real question is: what's your background and how'd you "witness" McK doing things like this? (Again, genuinely curious, I'm not in mgmt consulting)
@waleed8530
5 жыл бұрын
@@ezekiellucas4857 none of that, I just have a degree in BA and went over some cases with links to McKinsey, BCG.... for McKinsey check their latest news especially with Lebanon and Saudi Arabia, where transparency is kinda lacking. they suggested legalizing cannabis in Lebanon lol.
@BaoTran-ls7oy
5 ай бұрын
Good report!
@therightgame3
5 жыл бұрын
Looks more like an ad for McKinsey..!
@thebookwasbetter3650
2 жыл бұрын
Worked for a utility and we had to go through FERC training which is federal regulations for utilities. All of it stemmed from the Enron debacle. Basically if an energy company sells energy and produces it, they must take measures to ensure that those two groups do not collude. If a commodities trader is in an elevator with a coal plant operator, they are not allowed to talk about their jobs. (Say the coal plant has to shut down for a week. They could call the trader and alert them there's about to be a coal shortage and the prices are about to jump up.) Uh huh - sure, collusion would never take place if you have a new set of rules. It's absurd to think McKinsey's investment division never talks to their consulting division. And to assume they follow that rule is insane. So insane that it's no longer the fault of McKinsey when something goes wrong, it's the fault of the idiot organizations that believed them in the first place. Like leaving a little kid in a room with candy and expecting them to follow the rules. That's on the parent, not the kid.
@JohnNovakovich
4 жыл бұрын
I know so many college students salivating over a BA role at McKinsey for the prestiege (meaningless) and high salary (actually relatively low when converted to hourly). It's very sad. McKinsey and similar firms hire these "insecure overacheivers" (their words) and the positions, little more than PowerPoint and Excel grunts, cause these people to waste what could've been wonderful years in one's early 20's. Please consider jobs other than those in consulting and IB/PE.
@TheStripedShirtGuy
Жыл бұрын
I’m not sure if I’m one of them…. But surely 3 years of tough work is a great stepping stone for a 40+ career?
@JohnNovakovich
Жыл бұрын
@@TheStripedShirtGuy do tough work somewhere else. Startups teach you more and can pay you better (in my experience). They also usually hurt society less than McKinsey does Read “When McKinsey comes to town” to learn more
@barona404
5 жыл бұрын
Am I the only one who realizes that this is a McKensey advertisement?
@wwc6
4 жыл бұрын
McKinsey urgently needs new blood? Good ad campaign...😅
@DP-dc2vv
5 жыл бұрын
Geez, it's like a McKinsey puff piece sponsored by CNBC
@rageastistsentrocess
17 күн бұрын
Yet another amazing strategy session. We can Learning, we keep Earning
@mountainman6172
5 жыл бұрын
If the employees are U.S nationals, chances are they have attended Ivey League universities via legacy admission preferences.
@dr.winstonsmith
5 жыл бұрын
Unless they’re affirmative action hires, then Howard, Holyoke, etc. get looks.
@the-chipette
5 жыл бұрын
Repair Man shut up
@Humza_3.14
4 жыл бұрын
Not just in the US mate, Globally they only hire from "specific" schools. Scam artists hiring the children of scam artists!
@ericofarias254
4 жыл бұрын
The best advertisement in years
@luffyduy9227
5 жыл бұрын
Please find another way to interview people online. Those is poor quality both in visual and audio
Пікірлер: 920