John Oliver Blasts McKinsey
Last Week Tonight produced a 26-minute segment criticizing management consultancy McKinsey. Students can decide whether John Oliver was fair in his conclusion that, “McKinsey’s advice can be expensive but obvious, its predictions can be deeply flawed, and it’s arguably supercharged inequality in this country.” He contrasts these conclusions with the CEO saying, “Our purpose is to create positive, enduring change in the world.”
Here are a few areas to explore, or you can just show the fake recruiting ad starting at 23:00, which is pretty funny.
Timing
I’m curious why Oliver created this segment now. McKinsey’s role in the opioid crisis, which he covers at around 12:00, was most highly litigated back in 2021 - 2022. He doesn’t point to anything specific since then.
Evidence
To make his points, Oliver uses a variety of evidence but mostly examples in the form of stories. If this were a serious rebuke of McKinsey, students might expect more data. I also question the many references to a 1999 film. Maybe things have changed since then? The inexplicable timing contributes to the segment feeling like the attack that it is, rather than a balanced piece. But I forget: This is “late-night news,” not actual news.
The Example of Eliminating Signatures
The example of identifying cost savings for an energy client is just silly (at 7:30). I wonder whether this is just a terrible example—or whether more information about the situation, or more examples in the original video, would make it less embarrassing. We don’t see the context.
Oliver’s Indignance
Oliver jokes about his British accent sounding “smug” (6:33), but his style is part of the reason I don’t watch him or other talk-show hosts. I’m guessing a lot of students find him funny because of his style. This might start an interesting discussion about delivery styles.
McKinsey’s Response
I don’t see any response from McKinsey, and I don’t think it would be wise. But it’s a worthy discussion point with students. Why wouldn’t the company respond? What are the arguments for responding? What, if anything, could the company say or do?
Other Perspectives
Business communication faculty—and journalism faculty—teach students to offer multiple, sometimes conflicting perspectives. At around 21:00, Oliver does present other sides. He acknowledges that other consulting firms sometimes act unethically or have questionable client relationships, which (sort-of) addresses criticism that he’s singling out McKinsey. Oliver also describes how McKinsey responded to an inquiry from the show a few days before airing and admits that he’s presenting examples, which McKinsey would say don’t represent their work. But he argues against these claims by saying that the harm McKinsey has done outweighs the good.
Character
Starting at around 22:30, Oliver calls out the character dimensions students will associate with this story. He calls for greater accountability and transparency, which I describe as part of integrity. That cues up the parody McKinsey recruiting video, which starts at 23:00 for students’ enjoyment.
Of course, the entire segment raises questions about Oliver’s own integrity. Then, again, the show is what it is intended to be: entertaining.