Money Talks from The Economist

Money Talks: Managing the consultants


Listen Later

The image of management consultants has taken a pounding in recent years, giving the industry a reputation for unscrupulousness on par with investment bankers. And a recent difficulties and controversies at the three most prestigious firms - McKinsey, Bain and Boston Consulting Group (BCG), known collectively as MBB - hasn’t exactly helped the perception that they serve mostly to bamboozle CEOs while collecting fat fees. Can the industry be reformed?


On this week’s episode, hosts Mike Bird, Alice Fulwood and Soumaya Keynes are joined by our global business correspondent Thomas Lee Devlin to find out more about the booming business for advice, and the problems that bedevilling the industrry. They also speak with New York Times journalists Michael Forsythe and Walt Bogdanich about their newly-published book, “When McKinsey Comes to Town”, looking at failures at the most prestigious consultancy, McKinsey - failures that McKinsey says misrepresent its business. 


Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks 

For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer


Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

Money Talks from The EconomistBy The Economist

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

906 ratings


More shows like Money Talks from The Economist

View all
Economist Podcasts by The Economist

Economist Podcasts

4,283 Listeners

Editor's Picks from The Economist by The Economist

Editor's Picks from The Economist

526 Listeners

Babbage from The Economist by The Economist

Babbage from The Economist

576 Listeners

The Economist Asks by The Economist

The Economist Asks

366 Listeners

FT Tech Tonic by Financial Times

FT Tech Tonic

103 Listeners

Behind the Money by Financial Times

Behind the Money

225 Listeners

The World Ahead from The Economist by The Economist

The World Ahead from The Economist

106 Listeners

FT News Briefing by Financial Times

FT News Briefing

686 Listeners

The Intelligence from The Economist by The Economist

The Intelligence from The Economist

2,543 Listeners

Futurewatch from The Economist by The Economist

Futurewatch from The Economist

45 Listeners

The World in Brief from The Economist by The Economist

The World in Brief from The Economist

1,080 Listeners

Checks and Balance from The Economist by The Economist

Checks and Balance from The Economist

1,431 Listeners

The Jab from The Economist by The Economist

The Jab from The Economist

116 Listeners

Gamechangers from The Economist by The Economist

Gamechangers from The Economist

101 Listeners

To a Lesser Degree from The Economist by The Economist

To a Lesser Degree from The Economist

36 Listeners

The Prince by The Economist

The Prince

890 Listeners

Drum Tower from The Economist by The Economist

Drum Tower from The Economist

345 Listeners

Next Year in Moscow by The Economist

Next Year in Moscow

498 Listeners

Unhedged by Financial Times & Pushkin Industries

Unhedged

149 Listeners

Boss Class from The Economist by The Economist

Boss Class from The Economist

86 Listeners

The Modi Raj from The Economist by The Economist

The Modi Raj from The Economist

68 Listeners

The Economics Show by Financial Times

The Economics Show

123 Listeners

Boom! from The Economist by The Economist

Boom! from The Economist

101 Listeners

Scam Inc from The Economist by The Economist

Scam Inc from The Economist

247 Listeners