The title might be slightly misleading as it really focuses on a Ukranian oligarch that is accused of bribery in India. Unfortunately for McKinsey, this builds on other recent reports by the NYTimes that paints the company in a bad light. It seems that the NYT might have some sort of vendetta against McKinsey as I suspect there could be similar stories (not just this one) written about other professional services firms. Overall, I enjoyed reading it though as it was a bit of a cross-border, geo-political tug of war between two allies. Will be interesting to see how it plays out...I hope for continued reporting on the case.
This is dense. I can see why the general public doesn’t understand or care. I can also see how that makes it easy to get away with illegal and unethical behavior. Bribery (and its sibling, corruption) is a dark and ancient practice. Unfortunately, it happens constantly, all around the world, in big and small ways. And I bet it goes unpunished 99 percent of the time.
I don’t think that NYT has a vendetta against McKinsey. (Why would they?) I do, however, believe that this is very “tough” reporting and coverage. But that’s what happens when you make hundreds of millions of dollars through work with shady characters, again and again, all around the world. I too hope for continued reporting and, frankly, I hope it gets 100 times tougher. Especially given how dismissive McKinsey is being about all of this.
“Environmental concerns arose, and when a land survey was conducted on the proposed mining site, residents ‘reacted violently,’ according to government records.”
That little paragraph is a reminder of the true losers in these situations: (1) the planet and (2) every day citizens who live and work at the bottom of the pecking order.
Not one mention of scandal on Dominic Barton‘s Wikipedia page. Damn these guys are good at remaining squeaky clean!
The title might be slightly misleading as it really focuses on a Ukranian oligarch that is accused of bribery in India. Unfortunately for McKinsey, this builds on other recent reports by the NYTimes that paints the company in a bad light. It seems that the NYT might have some sort of vendetta against McKinsey as I suspect there could be similar stories (not just this one) written about other professional services firms. Overall, I enjoyed reading it though as it was a bit of a cross-border, geo-political tug of war between two allies. Will be interesting to see how it plays out...I hope for continued reporting on the case.
This is dense. I can see why the general public doesn’t understand or care. I can also see how that makes it easy to get away with illegal and unethical behavior. Bribery (and its sibling, corruption) is a dark and ancient practice. Unfortunately, it happens constantly, all around the world, in big and small ways. And I bet it goes unpunished 99 percent of the time.
I don’t think that NYT has a vendetta against McKinsey. (Why would they?) I do, however, believe that this is very “tough” reporting and coverage. But that’s what happens when you make hundreds of millions of dollars through work with shady characters, again and again, all around the world. I too hope for continued reporting and, frankly, I hope it gets 100 times tougher. Especially given how dismissive McKinsey is being about all of this.
That little paragraph is a reminder of the true losers in these situations: (1) the planet and (2) every day citizens who live and work at the bottom of the pecking order.
Not one mention of scandal on Dominic Barton‘s Wikipedia page. Damn these guys are good at remaining squeaky clean!