mckinsey-opioids 
CaseInterview.com
FEBRUARY 10, 2021
A couple of weeks ago, McKinsey settled a major lawsuit regarding the firm’s work with the manufacturer of OxyContin — one of the key drugs in the opioid crisis that has claimed many lives. First, I’m beyond disappointed in McKinsey’s role in furthering the opioid epidemic. What I think McKinsey did was worse.
CaseInterview.com
FEBRUARY 10, 2021
A couple of weeks ago, McKinsey settled a major lawsuit regarding the firm’s work with the manufacturer of OxyContin — one of the key drugs in the opioid crisis that has claimed many lives. First, I’m beyond disappointed in McKinsey’s role in furthering the opioid epidemic. What I think McKinsey did was worse.
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The Consultants Peer Group
SEPTEMBER 28, 2023
Public examples of poor ethics decisions (such as McKinsey’s $641 million fine for their work in Purdue Pharma opioid effort) were used to simply demosntrate that behaviors in line with a Code of Ethics might have precluded most/all of these very embarrassing and costly cases. Yikes, how the mighty have lost their NorthStar.
The Consultants Peer Group
SEPTEMBER 20, 2023
They include, among all others, these ‘biggies:’ McKinsey, nearly a $600 million fine for their consulting to Opioid pharmaceutical company Purdue Pharma LP; PwC Australia, ended up selling their Government Advisory Unit, with approximately annual billings of $300 Million (AUD), for $1 AUD. [Yes, Yes, equivalent to $0.70
The Consultants Peer Group
NOVEMBER 17, 2023
McKinsey, fined nearly $1bn for their involvement with opioid ‘crisis.’ Then more books, The Big Con , When McKinsey Comes to Town , and so forth. They are ugly and unfortunately define the costs associated with inappropriate behavior in consulting, which not only damages their reputations but smears all consultants.
The Consultants Peer Group
FEBRUARY 23, 2023
Marvin Bower and James McKinsey, McKinsey & Co. I wrote earlier this year ( See: Reputational Damage ) about some earlier examples of negative press including a nearly $600 million dollar settlement over consulting work with Opioid companies, with corruption in Angola, a criminal probe in French campaigns.
Effective Managers
MARCH 23, 2021
McKinsey and Company agreed to pay a US$573 million settlement for its role in the American opioid crisis. For almost a century McKinsey has been a leader in helping their clients be more successful. The Economist reported that the McKinsey moral compass has gone haywire most likely because of “the lure of lucre”.
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