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McKinsey and Company is a firm of management consultants.
The firm was founded in Chicago during 1926 by James O. McKinsey, but the modern McKinsey was shaped by Marvin Bower. Bower, a graduate of both Harvard Law School and Harvard Business School, believed that management consultancies should adhere to the same high professional standards as lawyers and doctors.
Over 60 years Bower was building McKinsey's presence, first across the US, then from the 1960s through Europe and Asia.
Today McKinsey has more than 10,000 consultants in 80 cities and 40 countries, including Chelsea Clinton, daughter of United States Senator Hillary Clinton and former President Bill Clinton. They help solve strategic, organizational, operational and technological problems, for some of the world's largest organizations.
Clients include three of the world's five largest companies, two-thirds of the Fortune 1000, governments and other non-profit institutions.
McKinsey is privately owned by its 800-strong worldwide partner group.