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McKinsey & Company is a privately owned management consulting firm.
Known both internally and externally as simply "The Firm" [1] (http://www1.excite.com/home/careers/company_profile/0,15623,71,00.html), McKinsey was founded in Chicago during 1926 by James O. McKinsey, but the modern McKinsey was shaped by Marvin Bower, who believed that management consultancies should adhere to the same high professional standards as lawyers and doctors. Over 60 years Bower built McKinsey's presence, first across the US, then from the 1960s through Europe and Asia.
Today McKinsey has around 6,000 consultants in 82 offices across 44 countries. They help solve strategic, organizational, operational and technological problems, for some of the world's largest organizations. Clients include three of the world's five largest companies, two-thirds of the Fortune 1000, governments and other non-profit institutions. McKinsey is privately owned by its 800-member worldwide partner group.
More than 80 Fortune 500 CEOs are former McKinsey consultants, and McKinsey is one of the most sought after destinations for graduates of top MBA programs, having been rated #1 in the Universum survey of most desirable employers for the past six years. They are the largest single recruiter at the top US business schools, including Harvard Business School, the MIT Sloan School of Management, the Wharton School, the Stanford Graduate School of Business, the University of Chicago Graduate School of Business and the Kellogg School of Management. They are also the largest recruiter at Harvard Law School and employ more Rhodes Scholars than any organization outside of the White House. Current and former McKinsey consultants include Lou Gerstner, Tom Peters, and Chelsea Clinton.
McKinsey's top competitors include A.T.Kearney, Bain & Co., The Boston Consulting Group, Booz Allen Hamilton and The Monitor Group.
A print and online publication, The McKinsey Quarterly, (published six times a year) offers journal-length articles on strategy, organization, marketing and other topics of interest to senior executives.
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