The 2000s, distinguished by remarkable highs and lows, was a memorable decade for the world and for McKinsey. Revolutionary changes in the global economy opened up new opportunities for trade, productivity, wealth creation and the alleviation of poverty. At the same time, the dotcom bust, the terrorist attacks of September 11, 2001, and the global financial crisis of 2008 were stark reminders that peace and prosperity can never be taken for granted.
Throughout the decade, McKinsey’s client service continued to diversify beyond the traditional core of strategy, organization, and operations. Our Business Technology Practice advanced the conversation on business processes, as technology became an important part of the CEO agenda.
The formation of new global practices that focused on the public and social sectors signaled our long-term commitment to help leaders drive change beyond corporate boundaries. Our high-profile work on climate change, healthcare, education, and economic development underscored that McKinsey today has a key integrative role to play, bringing together stakeholders from the private, public, and social sectors to find actionable solutions to pressing challenges.