Is McKinsey losing its crown to AI?

Description

McKinsey, the consulting giant, is approaching its centenary, but growth has slowed and rivals are closing in. Jason Palmer, co-host of The Intelligence podcast, and Tom Lee-Devlin, our business editor, explore whether this industry titan can stay top dog. 00:00 - Has McKinsey lost its shine? 00:40 - What is happening at McKinsey? 01:09 - How did McKinsey grow in the past? 02:08 - How does McKinsey compare to BCG? 03:05 - Why are McKinsey struggling? 04:17 - Could AI be a threat to consultancy? 05:25 - How could AI change the industry? 06:33 - What will be the long-term impacts of AI for McKinsey? Listen to the full episode: https://econ.st/4lfnk9L How McKinsey lost its edge: https://econ.st/4m75B5m McKinsey and its peers need a new strategy. And some humility: https://econ.st/4mCrE40 Sign up to our weekly newsletter: https://econ.st/3J0xzBr Sign up to our business and technology newsletter: https://econ.st/3IX7SBw