This post is by Steve Cody from Rep Man
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Get ready for another global organization to experience what went down at Google last week when employees around the world staged a walkout in protest of the company’s response to a widespread #MeToo scandal. This time, though, I predict the spotlight will be on three of the world’s best known and most highly admired strategic management consulting firms: Booz-Allen, McKinsey and Boston Consulting Group. That’s because The Sunday New York Times chose to devote front page coverage to the trio’s extensive (and incredibly lucrative) contracts with Crown Prince Mohammed bin Salman of Saudi Arabia, who was recently fired for his role in the murder of journalist Jamal Khashoggi. Not only are the firms reaping ungodly amounts of money from the repressive Saudi regime but, critically, NONE withdrew from participating in last month’s Future Investment Initiative conference in Riyadh (at a time when virtually every other company, journalist and executive universally
in protest). Making matters worse, the Big Three doubled down on their participation at the event:
- McKinsey led panels on money and energy (One would think the Saudis don’t need much advice on either).
- BCG focused on “unspecified intelligence” (Boy, does that ever sound shady).
- Booz-Allen held meetings with representatives of Saudi’s army and navy to whom they provide counsel (I never knew white shoe consulting firms did Black Ops).