Do McKinsey and other consultants do anything useful?

A shroud of secrecy makes it hard to calculate how much value the industry adds. (Image: Getty)

Sun, 09 Oct 2022

If a list were made of the most reviled species in the professional world, only investment bankers would stand between management consultants and the top spot. Sceptics portray these corporate consiglieri as snake-oil salesmen, bamboozling chief executive officers (CEOs) and politicians with management gibberish and glossy charts while gorging on fat fees. Indeed, the profession was once the subject of a five-season skewering in a star-studded TV series. Its title: House of Lies.Recent events have provided even more reasons to hate co...

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