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Keyword: mckinseyandcompany

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  • Report: China is now the world's richest country

    11/21/2021 7:06:42 AM PST · by cba123 · 56 replies
    Yahoo ^ | Sat, November 20, 2021, 12:01 AM·2 min read | Carl Samson
    China has beat the U.S. to become the world’s richest nation, according to a new report. -- Key findings: Global net worth soared from $156 million in 2000 to $514 trillion in 2020, making the world wealthier than it was at any point in history. China accounted for nearly a third of the increase, the report from management consultancy firm McKinsey & Company stated. McKinsey analyzed the national balance sheets of 10 countries that represented 60% of the world’s income. Of these nations, China accounted for 50% of the growth in net worth, followed by the U.S. (22%) and Japan...
  • The Talent Myth: Are smart people overrated?

    07/15/2002 6:30:43 PM PDT · by GeneD · 25 replies · 1,217+ views
    The New Yorker ^ | 7/15/02 (for issue of 7/22/02) | Malcolm Gladwell
    Five years ago, several executives at McKinsey & Company, America's largest and most prestigious management-consulting firm, launched what they called the War for Talent. Thousands of questionnaires were sent to managers across the country. Eighteen companies were singled out for special attention, and the consultants spent up to three days at each firm, interviewing everyone from the C.E.O. down to the human-resources staff. McKinsey wanted to document how the top-performing companies in America differed from other firms in the way they handle matters like hiring and promotion. But, as the consultants sifted through the piles of reports and questionnaires and...