McKinsey and company

also referred to as: mckinsey

9 statements across 8 episodes · 4 bullish · 1 bearish · 8 people on the record · first statement Sep 3, 2018 by Sarah Williamson · across every show →

Everything said about McKinsey and company, oldest first

Sep 3, 2018 positive
Assertion Supported
Williamson: Long-term companies outperform generally but suffer steeper crisis drawdowns
“If you look at how long-term companies have behaved, long-term companies on a number of financial metrics, versus how short-term companies have behaved, what you see is that long-term companies outperform in terms of revenue, profitability, share appreciation,…”
Sarah Williamson Sep 3, 2018 ▶ 16:51 Sarah Williamson – Focusing Capital on the Long-Term (Capital Allocators, EP.67)
Sep 3, 2018 bullish
What-if
Williamson: Long-term behavior from US firms would have added $1T, 5M jobs
“In the United States over the decade leading up to 20 16, if the short-term companies in this country, and I know this is a big if the short-term companies in this country had been able to behave like the long-term countries, They would have created a trillion…”
Sarah Williamson Sep 3, 2018 ▶ 17:33 Sarah Williamson – Focusing Capital on the Long-Term (Capital Allocators, EP.67)
Jul 20, 2020
Insight
Real organizational change requires internal operators, not outside consultants
“You recognize that some of the real challenges around talent and organization and how to convince people to do things rather than what the five-page PowerPoint answer is. And you can really only do that as an insider, I believe, rather than as an outsider.”
Taimur Hyat Jul 20, 2020 ▶ 10:31 Taimur Hyat – After the Great Lockdown (Capital Allocators, EP.149)
Aug 31, 2020 positive
Assertion Supported
Wittenberg: McKinsey found diverse leadership yields 35% higher return likelihood
“There's a McKinsey study in 2015, and it showed that companies in the top quartile for racial diversity of leadership were 35% more likely to have financial returns above their national industry medians.”
Joel Wittenberg Aug 31, 2020 ▶ 33:26 Diversity, Equity & Inclusion 4: Joel Wittenberg – A Prescription for the Future (Capital Allocators, EP.154)
Nov 23, 2020 bullish
Prediction Not checkable as stated
Greenblatt: Alternative certifications will iterate to match college degrees
“And that's what I think would happen with alternative certification. That these standards that were developed over time, companies would figure out what works well in lieu of this college degree, what tests or courses or whatever you have to do. Some of the te…”
Joel Greenblatt Nov 23, 2020 ▶ 1:03:22 Joel Greenblatt – Common Sense for Value at Gotham Capital (Capital Allocators, EP.165)
Jan 11, 2021
Insight
Dixon: Corporate career progression is a local-optimum trap for aspiring founders
“In people's careers, I think you get caught on kind of a local optimum. Imagine the career landscape is a hilly landscape, and there's the highest hills where you kind of want to get to. It's very easy to sort of be walking up a hill and feel like you're succe…”
Chris Dixon Jan 11, 2021 ▶ 1:03:24 Chris Dixon – The Future of Blockchain at a16z (Capital Allocators, EP.172)
Mar 7, 2022 negative
Disclosure
Oak HC/FT never hires external consultants like McKinsey for due diligence
“And then otherwise, we don't hire McKinsey. We don't hire Bain. We never hire a consultant.”
Annie Lamont Mar 7, 2022 ▶ 25:41 Annie Lamont – A Lifetime in Venture, Venture is Eating the Investment World 9 (Capital Allocators, EP. 238)
Feb 15, 2024
Assertion Supported
Southeast Asia had only $200M in annual VC when Zalora launched
“So, in a year, when I decided to leave McKinsey, two hundred million dollars a year was put into venture in Southeast Asia, which is a population of six hundred million, very fast growing.”
Magnus Grimeland Feb 15, 2024 ▶ 11:26 Magnus Grimeland – Day Zero Investing at Antler (EP.369)
Jul 8, 2024
Assertion Supported
Connaughton: Bain & Company founded on single-client-per-industry model
“To take you back, you have to go back to 1973 because Bain and company was started on a very different premise as a consulting firm versus McKinsey and BCG and Booz Allen. Effectively, those firms were talking about big ideas. They sold to multiple clients in …”
John Connaughton Jul 8, 2024 ▶ 7:16 Training Grounds: Bain Capital, John Connaughton (EP.395)
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