About Carey

As a part of McKinsey’s global Operations and Organization Practices, Carey coleads the firm’s global work and helps companies implement zero-based budgeting (ZBB).

Since joining McKinsey, Carey has driven broad-based efforts to set strategy, improve operating models, and achieve effective organizational design while advising global corporations across industries. He has guided leaders on financial planning, market entry, merger diligence, and postmerger management.

In recent years, Carey has focused on supporting organizational productivity, particularly through measuring and boosting sales-, general-, and administrative-expense efficiency. He applies the firm’s proprietary productivity-benchmarking tools and supports executives in rethinking their resource-allocation approach to manage costs better. A practitioner of the ZBB approach, he brings hands-on experience in leading ZBB transformations for Fortune 500 companies as well as variety of smaller companies. To extend this work beyond cost management, Carey also finds opportunities to apply ZBB to organizational design and productivity to help drive target-setting efforts for all corporate functions.

Examples of his recent client work include the following:

  • directing a beverage company’s global ZBB-effort rollout that included resource-allocation work as the principal component of a multiyear productivity program
  • leading a full-scale ZBB effort in the anchor North American market for an international food company, with results that included a global scale-up of the program after it achieved substantial savings
  • guiding a global beverage manufacturer’s private-equity–style approach to setting granular cost benchmarks and targets that included addressing costs on a global basis
  • leading cost-control and revenue-creation initiatives in multiple markets for consumer-facing companies across industries, including cable, chemicals, confectionary, and telecommunications

To raise awareness of the benefits of ZBB and other related approaches, Carey has contributed to several articles on cost management.

Published work

Zero-based productivity: The power of informed choices,” McKinsey & Company, July 2018

Why zero-based budgeting makes sense again,” McKinsey & Company, January 2018

Five new truths about zero-based budgeting,” McKinsey & Company, August 2017

The truth about zero-based budgeting: ZBB for consumer-goods players,” McKinsey & Company, April 2017

Zero-based budgeting then and now: Technology remakes the ZBB rules,” McKinsey & Company, March 2017

Five myths (and realities) about zero-based budgeting,” McKinsey & Company, October 2014

Education

University of Virginia
JD
BA, government, foreign affairs