Consultants face a many-sided crisis
Disruption is coming to bite the industry that made a cult of it
McKinsey
McKinsey and BCG warn staff face jail if they reveal Saudi work
Senators assail consultants for helping Riyadh use ‘soft power’ to build influence in the US
Consulting firms freeze starting salaries in bid to shore up profit
McKinsey and BCG among those holding pay at last year’s levels as growth slows
McKinsey chief plans second term after years of crises
Bob Sternfels rebuilds consultancy in wake of corruption scandal and other challenges
Who to fire? How the biggest companies plan mass layoffs
Employers such as Goldman Sachs, Meta and Ford need to avoid lasting damage to morale as they axe jobs
Mariana Mazzucato: ‘The McKinseys and the Deloittes have no expertise in the areas they’re advising in’
Influential UCL economist questions value of influential consulting firms
Deciding to sever business links with Russia
Cantillon: Some firms signal cold disgust and leave, others still cosy up to Moscow
Employers need to listen to staff on return-to-office concerns
Before new working practices are set in stone firms need to be sure what workforce wants
Global market for ‘cultivated meat’ could reach $25bn by 2030
Scientists are trying to find a commercially viable way to transform animal stem cells into marbled steak or sushi-grade salmon
‘Help your employees find purpose or watch them leave’
Pandemic has led to many workers re-evaluating their relationships with their jobs
A work blunder teaches so much more than a triumph
McKinsey ‘rookie moment’ bungle videos are positive example of how to survive early career howlers
Are you on the path to burnout at work? Here are some steps you can take
High performance at work doesn’t have to come at the expense of personal wellbeing
Pandemic set to change shape of business travel forever
Industry bracing itself for lasting decline of up to 25 per cent
McKinsey’s Kevin Sneader voted out in leadership ballot after string of crises
Senior partners vote every three years on who should lead the firm
McKinsey to pay $537m to settle claims over US opioid epidemic
US states claimed consulting firm had helped fuel the crisis
Company boards must serve more than just investors
Firms need to find directors who represent all stakeholders – not just shareholders
Unresolved grief and sadness at work block progress
Grief costs companies billions in lost productivity and performance
McKinsey warned Wirecard a year ago to take ‘immediate action’ on controls
Management board later passed over consultancy for compliance work in favour of PwC
Has workplace diversity and inclusion become casualties of coronavirus?
Firms forced to row back on such commitments place themselves at a disadvantage
Coronavirus threatens a quarter of jobs in UK, report claims
Lower income jobs are most vulnerable as lockdown hits hours, triggers layoffs
Key climate plan targets ‘not credible’, warned senior official
Department secretary general proposed ‘negligible’ 5% cut to national farming herd
Lesson for start-ups: Stop trying to be unicorn, be a camel instead
Silicon Valley model needs a re-fresh, says Alex Lazarow
Finding the right recruitment formula to attract Generation Z
HR survey finds companies across Europe are aware they'll have to move beyond traditional hiring methods
Carlyle Ireland team leaving to set up new private equity fund
Carlyle Group supportive of Irish management spinning out to form Melior
Meet the winning CEOs: Irish Times Business Person of the Month Awards
July, August and September winners of awards in association with KPMG
Irish companies pay lip service to diversity and inclusion
Boards are 92% white, 74% male with low levels of disability and LGBT representation
We need new GDPR protections for cars
Cars are generating more data about us and our movements every day, but how will that affect us?
‘The Irish Times’ Business Person of the Month: Fergal Leamy
Coillte chief oversaw sale of stake in four wind farms for €136m
Gone but not lost: employees on the rebound
Boomerang employees represent an untapped talent tool for Irish employers
Technology can hurt students’ learning, research shows
New study finds giving pupils access to laptops in the classroom has a negative effect
Captured: How Jacob Zuma ‘sold’ South Africa to the Guptas
One family has gained extraordinary influence over a country and its politics
Zuma under pressure as FBI probes US links to Gupta family
Probes into alleged graft involving controversial South African business family widen
Blue-chip firms risk damage as South African corruption scandal spreads
KPMG and McKinsey linked to allegations in relation to firms owned by Gupta brothers
Communicating the workers’ vision with a pragmatic style
Steve Fitzpatrick, the pragmatic union leader who won’t leave managing to the managers
Downsizing of post office network to spark fierce response
An Post says more than half of the company’s 1,100 outlets are ‘uneconomic’
Postmasters to protest against potential closures
Minister says future not as bad as suggested despite claim 1,100 offices are loss-making
Majority of post offices are loss making, says An Post
Statement increases the prospect that far more than 80 rural post offices will close
An Post warns it cannot meet wage bill next month
Company says it needs to increase price of stamps to raise money to pay employees
Are investors hurt by corporate focus on short-term returns?
McKinsey report finds short-termism in US costs millions of jobs and hampers growth
Denis O’Brien’s Digicel to cut 25% of workforce
Over 1,500 jobs to go in next 18 months as telecoms group moves to tackle €6.2bn debt
An Post must change to survive in the digital age
Increase in price of stamps among measures aimed at offsetting decline in mail volumes
Seeing new trends at Shanghai consumer show
CES Asia focused on the Chinese middle classes obsession with technology and travel
McKinsey has secretive $5bn investment arm
Questions raised over firm’s arm that manages fortunes of past and present partners
Stocktake: Fund managers are gung-ho for Europe
Warren Buffett’s bad year, hometown bias and analysts still ‘optimistically wrong’
Saudi deputy crown prince draws up new economic reforms
Plan includes privatisations and state spending reforms
Cantillon: ‘Buzzy’ times ahead for new Ulster Bank chief
Gerry Mallon is also chairman of the Irish Football Association so will be at Euro 2016
Fintan O’Toole: Europe divided by a sense of crisis and a sea of amnesia
‘This is not a moment in European history – it is at least two parallel moments’
Prediction: China’s growth will continue to slow
McKinsey’s Gordon Orr sees stagnating wages, less consumder demand, but innovation finally triumphing
Obesity costs global economy an estimated €2tn a year
Study shows obesity in top three global social burdens in terms of economic impact
McKinsey’s platitudes bode ill for its next half-century
Momentous article based on years of research by firm’s sharpest minds
Ireland ranked as one of the best for industrial competitiveness
A number of new studies published today show Ireland doing well on the global stage
Green light to hospitals owned by foreign investors
China’s private healthcare system is a powerful draw for overseas investors
Gordon Orr on China, Ireland matters
Orr noted how Ireland is one of the very few European countries which runs a trade surplus with China
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