Pre-AI, I always said McK is good at analysis, if you need complicated analysis done, hire a consulting firm.
If you need strategy, custom software, org design, etc. I think you should figure out the analysis that needs to be done, shoot that off to a consulting firm, and then make your decision.
IME, F500 execs are delegation machines. When they wake up every morning with 30 things to delegate, and 25 execs to delegate to, they hire 5 consulting teams. Whether you hire Mck, or Deloitte, or Accenture will only come down to:
1. Your personal relationships
2. Your company's policies on procurement
3. Your budget
in that order.
McK's "secret sauce" is that if you, the exec, don't like the powerpoint pages Mck put in front of you, 3 try-hard, insecure, ivy-league educated analysts will work 80 hours to make pages you do like. A sr. partner will take you to dinner. You'll get invited to conferences and summits and roundtables, and then next time you look for a job, it will be easier.
1. How do I build a datacenter
2. How is the industrial ceramic market structured, how do they perform
3. How does a changing environment impact life insurance
Strategy:
1. Should I build a datacenter
2. Should I invest in an industrial ceramics company
3. Should I divest my life insurance subsidiary
Specifically in the software world this would be "automate some esoteric ERP migration" or "build this data pipeline" vs. "how can we be more digital native" or "how do we integrate more AI into our company"
It has to be some kind of higher level protection racket or something. Like if you hire the consultants there is some kind of kickbacks to the higherups or something with more steps involved where those who previously opposed it will now accept it if it's rubberstamped by the consultants.
Or perhaps those other players who are politically opposing this person are just dummies and don't know about this trick and actually trust the consultants. Or maybe it's a bit of a check, that you can't get anything and everything rubberstamped by the consultants, so it is some kind of sanity filter that the guy isn't proposing something that only benefits himself and screws everyone else.
And if it's the latter, then it is genuine value, a somewhat impartial second opinion. Basically there is a fog-of-war for all the execs regarding all the internal politics going on, it's not like they see through everything all the time and simply refuse to take the obviously correct decision for no reason.