Is McKinsey losing its crown to AI?

From The Economist.

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
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