Building the Professional Firm: McKinsey & Co.: 1939-1968

22 Pages Posted: 31 Jul 2020

See all articles by Amar Bhide

Amar Bhide

Tufts University - The Fletcher School of Law and Diplomacy

Date Written: July 26, 1995

Abstract

This case history analyzes how the founders of McKinsey & Co. built one of the world's leading management consulting firms by developing a “system” of professional norms, approach to serving clients, personnel policies, organization, governance, and ownership. The history also shows that while McKinsey’s founders resorted to considerable trial and error, it was not ad hoc: they intended to discover the best means to further a long-term vision and strategy. Moreover, their vision and strategy derived more from a priori faith and personal values than from scientific evidence or financial calculation.

Suggested Citation

Bhide, Amar, Building the Professional Firm: McKinsey & Co.: 1939-1968 (July 26, 1995). Harvard Business School General Management Unit Working Paper No. 95-010, Available at SSRN: https://ssrn.com/abstract=3661935 or http://dx.doi.org/10.2139/ssrn.3661935

Amar Bhide (Contact Author)

Tufts University - The Fletcher School of Law and Diplomacy ( email )

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