McKinsey faces its moment of reckoning ...Middle East

For nearly a century, McKinsey has been the gold standard in management consulting, the nebulous and occasionally controversial billion-dollar industry based on giving advice.Since its founding in 1926 by James O. McKinsey, the firm has advised the Eisenhower White House, the Vatican, NASA, and 22 of China’s largest state-owned enterprises. The company had a role in inventing the UPC code on packaged goods and in defining modern corporate hiring.In recent years, however, McKinsey’s shine has begun to tarnish. The company has been embroiled in numerous scandals, from its choice of clients—among them Purdue Pharma and the US Immigration and Customs Enforcement agency—to its secretive internal

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