The 10 companies that produce the most startup founders, including Bain, McKinsey, and Sony

For successful founders like Jeff Bezos, Stewart Butterfield, and Ben Silbermann, their previous jobs gave them a leg up in their entrepreneurial efforts. Working for a major tech company or consulting firm can be a launching pad for your startup.

The small-business-lending platform OnDeck analyzed 228,000 LinkedIn career histories to identify which US companies produced the most founders in former employees.

The analysis found that consulting firms were the most common place for founders to get their start. As it turns out, helping other people run their businesses is the best training ground for starting your own. Bain & Co. was the top producer of entrepreneurs, followed by Oliver Wyman and McKinsey & Co.

Continued here… https://www.businessinsider.com/companies-that-make-the-most-founders-mckinsey-bain-oliver-wyman-2023-1

>>18290262

The rise of the Department of McKinsey

Excerpt: But McKinsey has advised the federal government on military and defence computer systems, and has also provided advice to U.S. defence and information technology companies. That clearly raises questions about conflict of interest, which the Commons committee is right to probe. There are bound to be many other examples of conflicts involving companies other than McKinsey, given the scale of outsourced contracts: 380,316 since the start of the 2018 fiscal year for a broad range of services, not just consulting.

https://www.theglobeandmail.com/opinion/editorials/article-the-rise-of-the-department-of-mckinsey/

>>18290304

McKinsey co-founds effort to transform agriculture and food systems in Africa

Excerpt: Co-founded by partners including the Alliance for a Green Revolution in Africa, the Bill & Melinda Gates Foundation, IFAD, and McKinsey, AATI builds on McKinsey’s impact on agriculture and food systems across Africa, including work to increase food production that resulted in 11 million fewer undernourished people, 150,000 fewer deaths from hunger, and one hundred thousand new jobs.

Read more… https://www.mckinsey.com/about-us/new-at-mckinsey-blog/mckinsey-co-founds-effort-with-global-partners-to-transform-agriculture-and-food-systems-in-africa

>>18290355

Advising both Chinese state companies and the Pentagon, McKinsey & Co. comes under scrutiny

McKinsey in recent years has faced accusations of alleged conflicts of interest in its bankruptcy work and other fields.

Excerpt: he Pentagon and other federal government agencies rely on McKinsey to carry out often sensitive work touching on national security strategy, cybersecurity and cutting-edge technology, paying the firm hundreds of millions of dollars for its advice and data-crunching.

Since 2008, McKinsey has undertaken over $851 million worth of consultant work for the federal government, with the Defense Department as the top client, generating nearly a third of the firm’s government revenue.

McKinsey has advised senior officials about weapons budgets, the Defense Department’s IT network, modernizing naval shipyards, developing technology for the Space Force and Air Force and evaluating the management of the F-35 fighter jet program.

https://www.nbcnews.com/politics/national-security/advising-both-chinese-state-companies-pentagon-mckinsey-co-comes-under-n1283777

>>18290423

== McKinsey & Co. worked with Russian weapons maker even as it advised Pentagon

The consulting giant had previously come under scrutiny for its work with state-owned companies in China and with opioid manufacturers. ==

https://www.nbcnews.com/politics/national-security/consulting-firm-mckinsey-co-advised-state-owned-russian-defense-firm-r-rcna29618

>>18290444