In The World's Newest Profession Christopher McKenna offers a
history of management consulting in the twentieth century. Although
management consulting may not yet be a recognized profession, the
leading consulting firms have been advising and reshaping the
largest organizations in the world since the 1920s. This
groundbreaking study details how the elite consulting firms,
including McKinsey & Company and Booz Allen & Hamilton,
expanded after US regulatory changes during the 1930s, how they
changed giant corporations, nonprofits, and the state during the
1950s, and why consultants became so influential in the global
economy after 1960. As they grew in number, consultants would
introduce organizations to 'corporate culture' and
'decentralization' but they faced vilification for their role in
the Enron crisis and for legitimating corporate blunders. Through
detailed case studies based on unprecedented access to internal
files and personal interviews, The World's Newest Profession
explores how management consultants came to be so influential
within our culture and explains exactly what consultants really do
in the global economy.
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