McKinsey & Company | Global news

An overview of McKinsey & Company global news:

Middle East

Middle East | Regional

Global investment in quantum technology reaches historic high The quantum technology industry is growing at a remarkable rate and investments in the potentially ground-breaking technology are at an all-time high.
25 September 2023
United Kingdom

Europe | United Kingdom

Growing demand in battery industry calls for innovation – and recycling Solutions will need to be found to meet increasing demand for lithium-ion (Li-ion) batteries.
25 September 2023
United Kingdom

Europe | United Kingdom

Haleon brings in McKinsey and EY for cost-cutting exercise A year after splitting from GlaxoSmithKline, pharmaceutical firm Haleon has brought in consultants to help cut costs.
08 September 2023
Middle East

Middle East | Regional

Emirates NBD looks to leverage the power of generative AI Emirates NBD, a leading bank in the MENA region, has announced a roadmap to adopt generative artificial intelligence (AI) tools.
04 September 2023
United States

North America | United States

McKinsey partners with New Voices Foundation on growing Black-owned businesses McKinsey & Company has partnered with New Voices Foundation to provide strategic scaling support to its member businesses.
01 September 2023
United Kingdom

Europe | United Kingdom

Generative AI could boost productivity by $4.4 trillion annually While the tangible results of AI are hard to come by at present, the hype surrounding the technology is going from strength to strength.
30 August 2023
Middle East

Middle East | Regional

McKinsey & Company launches internal generative AI tool Lilli Lilli, a new generative AI tool developed in-house by global consulting firm McKinsey & Company, is set to become available this fall.
29 August 2023
Australia

Oceania | Australia

McKinsey unleashes internal generative AI tool for employees Following the likes of a number of its contemporaries, global management consulting powerhouse McKinsey & Company has now unleashed its own, internally designed generative AI assistant: Lilli.
23 August 2023
Middle East

Middle East | Regional

Further adoption of AI can add $150 billion to GCC economies More use of AI in business functions could unlock untapped value of at least $150 billion to the Gulf Cooperation Council (GCC) economies.
23 August 2023
United Kingdom

Europe | United Kingdom

Office time of average London worker falls to just three days Two years on from the extensive lockdowns of 2020, office attendance remains much lower across the economy – with the average London worker spending 3.1 days on site.
22 August 2023
Ukraine

Europe | Ukraine

BlackRock, JPMorgan and McKinsey working on Ukraine reconstruction bank Having been ravaged by war since the invasion of Russian troops in 2022, estimates suggest it will take Ukraine more than $400 billion to rebuild.
18 August 2023
India

Asia | India

Reserve Bank of India selects McKinsey and Accenture for AI project The Reserve Bank of India has following a competitive bidding process selected McKinsey & Company and Accenture as its partner for an artificial intelligence project.
12 August 2023
Middle East

Middle East | Regional

Middle East fintech industry could triple in next two years The fintech industry in the Middle East is growing rapidly and could triple by 2025 – if the sector continues to see appropriate levels of investments and innovation.
07 August 2023
Germany

Europe | Germany

PlayMobil taps McKinsey to help turnaround the business The famous German toy maker PlayMobil is not playing games after a streak of tough circumstances resulted in revenue loss. McKinsey & Company has been engaged to help the company change course.
04 August 2023
India

Asia | India

Puneet Chandok (ex-McKinsey) leads Microsoft in India and South Asia Microsoft has appointed Puneet Chandok as Corporate Vice President of its India and South Asia region.
01 August 2023
United States

North America | United States

US consultancies struggling to find projects in China Amid a state security crackdown on the professional services sector and foreign capital flight due to worsening geopolitical conditions, US consultancies are struggling to find work in China, accordi
26 July 2023
India

Asia | India

BCG and McKinsey advising government on digital infrastructure reform The Indian government has engaged Boston Consulting Group and McKinsey to streamline the operations of two of its digital focused entities.
20 June 2023
United States

North America | United States

McKinsey & Company releases 2022 ESG report McKinsey & Company on Tuesday released its 2022 environmental, social, and governance (ESG) report – tracking the management consultancy’s progress on goals in decarbonization and building inclusive
14 June 2023
Europe

Europe | Regional

Around half of McKinsey's employees use ChatGPT At McKinsey & Company, one of the world's largest management consulting firms, about half of its 30,000 employees now use ChatGPT or similar tools in their work.
14 June 2023
United Kingdom

Europe | United Kingdom

Rolls-Royce taps McKinsey for organisational restructuring Rumours have begun circulating that Rolls-Royce may be heading for a round of job cuts.
13 June 2023
United States

North America | United States

McKinsey scolded by regulators for weak consulting work at Silicon Valley Bank The US Federal Reserve’s 102-page post-mortem report on Silicon Valley Bank (SVB) criticized McKinsey & Company for consulting work it performed for the now defunct bank in 2020 and 2021.
12 June 2023
Australia

Oceania | Australia

Management consultants to appear at Melbourne energy conference A host of industry-leading consultants are due to appear at the upcoming Australian Energy Week conference in Melbourne, including representatives of McKinsey, Ernst & Young, Accenture and Nous Group
11 June 2023
Middle East

Middle East | Regional

Economic integration a $230 billion GDP opportunity for Middle East The private sector in the Middle East needs to take a more proactive and assertive approach in order to drive growth.
11 May 2023
China

Asia | China

Local apparel and fashion brands in China winning market share Chinese apparel and fashion brands are becoming increasingly competitive in the domestic market, tapping into the growing preference from consumers for local brands.
09 May 2023
United Kingdom

Europe | United Kingdom

Social mobility could boost UK's flagging economy While some senior economic experts in the UK are advising citizens to make peace with being poorer, for fear of wage rises increasing inflation, research from one of the world’s leading strategy cons
03 May 2023
Asia

Asia | Regional

The top consulting employers in India, Japan and the Philippines Business networking platform LinkedIn has named its top companies for career progression in 20+ countries worldwide, with multiple consulting firms making the cut across three Asian editions.
02 May 2023
Saudi Arabia

Middle East | Saudi Arabia

How digital technologies can improve Saudi’s healthcare system A report by McKinsey & Company has found that advances in digital healthcarecould help Saudi Arabia deliver billions of dollars in additional economic value added by the end of the decade.
02 May 2023
Middle East

Middle East | Regional

Kearney, McKinsey and BCG in LinkedIn’s top UAE employers Business networking platform LinkedIn has named its top 15 companies in the UAE for career progression, with strategy consultancies Kearney, McKinsey & Company and Boston Consulting Group making the
01 May 2023
United States

North America | United States

MBB consultancies push back some MBA start dates to next year McKinsey & Company, Bain & Company, and Boston Consulting Group (BCG) have delayed the start dates of some new MBA hires to 2024, according to a Wall Street Journal report.
20 April 2023
United States

North America | United States

McKinsey denies shuttering restructuring division McKinsey has denied a report from The Wall Street Journal saying the consulting firm is shutting down its corporate restructuring practice.
05 April 2023
United States

North America | United States

McKinsey begins cutting 1,400 jobs McKinsey & Company is this week starting a round of layoffs that will affect 1,400 roles primarily in support functions, a person familiar with the matter told Bloomberg News.
30 March 2023
United States

North America | United States

McKinsey offers organizational health index to non-profits A proprietary tool designed by McKinsey to measure organizational health is being offered free of charge to non-profits worldwide, with the firm expressing its critical importance to long-term perfor
20 March 2023

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