← Back to stories Professionals engaged in a collaborative business meeting discussing strategies with visual aids.
Photo by RDNE Stock project on Pexels
虎嗅 2026-04-06

McKinsey's century: A badge of honor and a heavy burden

Legacy and influence

McKinsey & Company, founded in 1926, turns 100 under the bright lights of global business. The firm's centenary is a testament to its role shaping corporate strategy, public policy and executive careers around the world. Its methods — a culture of rigorous analysis, elite recruitment and deep client access — have made McKinsey shorthand for strategic gravitas. But prestige brings scrutiny. Short sentences. Heavy consequences.

Controversy and geopolitical pressure

Over recent years McKinsey's influence has collided with controversy. It has faced public backlash and legal challenges over work that critics say contributed to social harms, and it has paid large settlements and pledged internal reforms. It has been reported that the firm’s advisory work in politically sensitive contexts — including contracts with state-owned enterprises and governments — has drawn particular attention. As relations between the United States, Europe and China harden, the impartiality of a global consultant is under fresh question. Can a firm that advises both private firms and public bodies remain above geopolitics?

China and the consulting crossroads

In China, Western consultancies long benefited from market opening and the modernization drives of large corporations and state actors. Reportedly, McKinsey expanded its China practice alongside that growth. For Western readers: doing business in China means balancing commercial opportunity with party-state expectations and evolving data and security rules. Trade policy, export controls and sanctions now shape what advisers can safely recommend. The result is a tighter, riskier environment for any firm whose business model depends on cross-border trust.

Looking ahead

A hundred years gives McKinsey a powerful brand. It also leaves the firm carrying a record that critics and regulators can scrutinize. The centenary is both a badge of honor and a heavy burden: reputational capital that must be defended through clearer ethics, tougher compliance and navigational skill in a fracturing global order. Will McKinsey adapt fast enough to the new geopolitical realities? That question will define its next century.

Smartphones
View original source →