Another day, another KPMG scandal; even unforgiving clients have their limits.
The US Securities and Exchanges Commission fined KPMG $6.2m for its blunder and demanded the firm repaid the full $4.7m it had received in audit fees.
McKinsey & Company
Where new jailbird Lula of Brazil is going, 783-charged Zuma sure to follow.
Lest we forget, even before #GuptaLeaks, President Jacob Zuma still has 783 criminal charges pending.
Books always in style for self-improvers – here’s what CEOs are reading
Interesting to see two South Africans among 17 global CEOs featured in the third quarter’s most popular story on the website of global consulting group McKinsey.
Oceans 2050: More plastic than fish. $120bn lost annually.
The current system by which we produce, use and dispose of plastics has serious drawbacks. By 2050, oceans are expected to contain more plastics than fish by weight.
Lucy Kellaway: Recruitment McKinsey Style – hen parties for top students
This week Lucy Kellaway looks at some crass approaches professional firms are adopting to entice the brightest young minds. McKinsey, leads the charge.
All hail to Lucy Kellaway – and other journos who keep a distance
By Alec Hogg Enjoyed a productive half hour yesterday with an MBA student researching the relationship between financial journalists and business leaders. Her probe asked whether closer relationships would improve the flow of information; whether friendships enhance or detract from the service both provide their constituencies. The best answer was in yesterday’s contribution to Biznews … Read more
Lucy Kellaway: Here’s a 50 year forecast for McKinsey – you won’t exist
One of the reasons I love Nassim Taleb’s Fooled by Randomness is the way it pokes fun at pontificating pundits who keep making forecasts despite pathetic records. Lucy Kellaway (right) follows a similar line in this week’s column, taking a caustic view of super-expensive management consultancy McKinsey’s forecasts of the world half a century hence. … Read more