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Gary native takes intention at world’s largest consulting agency in new guide

Jerry Davich 219-853-2563

Walt Bogdanich shrugged at formal training whereas attending Lew Wallace Excessive College in Gary.

“All I cared about again then was baseball, swimming and sports activities,” he recalled.

After graduating in 1968, Bogdanich utilized late to the College of Wisconsin, which rejected his admission. His huge brother, George, who attended that faculty, helped him sidestep the official admission course of. George compiled a number of newspaper clippings of Walt’s baseball accomplishments and shared them with the college’s legendary 81-year-old baseball coach. And it labored.

“That is how I acquired in,” Bogdanich stated.

His faculty baseball profession barely made it to the batter’s field so he dragged a bunt single to the college’s scholar newspaper, The Each day Cardinal, the place he started writing tales along with his brother. Whereas there, Bogdanich discovered a couple of public protest going down in Cleveland, demonstrating towards the Vietnam Struggle.

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He could not afford to journey there. As soon as once more it was his brother de él who had an thought: ask the coed newspaper to pay his manner if he covers the protest. He did. And it labored. Someplace between Wisconsin and Ohio, he stole second base on his strategy to a future profession of hitting homers as an investigative reporter.

“That is how my journalism profession acquired began,” Bogdanich stated with a chuckle.

After leaving faculty, he returned to Gary to work at US Metal, following within the sullied boot steps of hundreds of different younger males who grew up within the Metal Metropolis.

“The tools was at all times breaking down, so it gave me time to learn books that I ought to have learn in faculty,” he joked. “I additionally acquired to fulfill a variety of fascinating folks.”

In the summertime of 1973, with newspaper ink nonetheless operating by way of his veins, Bogdanich launched his personal weekly paper within the Glen Park part of the town.

“It was fairly horrible, however it was one thing I wished to do,” he stated.

Bogdanich rounded up the journalism bases in our Area by becoming a member of the Hammond Compass newspaper, the place he honored his abilities as a reporter. In 1975, he left Northwest Indiana to earn a grasp’s diploma at Ohio State College by way of a fellowship. Bother is, he wanted an undergraduate diploma and did not but have one.

“That is how out of it I used to be,” he joked.

Bogdanich embodied Charlie Hustle to earn one. It took him seven years to formally graduate from faculty, however his life experiences alongside the way in which offered much less pomp and extra circumstance for his future profession. He would go on to tell and enlighten scores of newspaper readers and TV viewers on a number of media platforms.

“All of it labored out,” he advised me throughout his practice commute into New York Metropolis from his Lengthy Island residence, which he shares along with his spouse, Stephanie.







Walt Bogdanich, 72, who attended Lew Wallace Excessive College in Gary, proven along with his two sons.


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They each work for The New York Occasions, and so they’re each Pulitzer awardees with indelible fingerprints on hundreds of tales. A handful of these tales led to Bogdanich’s new guide, “When McKinsey Involves City: The Hidden Affect of the World’s Most Highly effective Consulting Agency” (co-authored by Michael Forsythe for Doubleday, $32.50.)

McKinsey & Firm, based in 1926, sells knowledgeable recommendation for profitable quantities of cash. The agency operates in 65 nations and serves the vast majority of the world’s 100 largest firms, in addition to dozens of governments across the globe, incomes greater than $10 billion in annual income. (For background data, learn my earlier column at nwi.com.)

As soon as once more it was Bogdanich’s brother, George, a Valparaiso resident, who went to bat for Walt, contacting me about his new guide.

“It was a steep mountain to climb as a result of McKinsey’s whole enterprise mannequin is predicated on secrecy. It was terribly unusual, which is why nobody had actually written about it,” Walt Bogdanich stated. “I knew entering into it could be arduous.”







Part 2: Gary native authors book taking aim at world's largest consulting firm

Walt Bogdanich’s new guide, “When McKinsey Involves City: The Hidden Affect of the World’s Most Highly effective Consulting Agency” focuses on McKinsey & Firm, based in 1926, which operates in 65 nations and serves the vast majority of the world’s 100 largest firms, in addition to dozens of governments across the globe, incomes greater than $10 billion in annual income.


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The six-year mission shone a flood gentle into the darkness of the corporate’s affect all through the world, from Massive Tobacco to Massive Pharma, with basically no oversight, regulation, or accountability.

“McKinsey helped make dependancy right into a revenue middle,” Bogdanich advised me. “Individuals do not know this.”

It is sensible, I advised him. Diabolically sensible.

“The individuals who work for McKinsey felt they might do their job and never be uncovered or embarrassed,” he stated. “They had been very mysterious about what they did for this firm.”

After which Bogdanich and Forsythe got here to city, investigating the corporate’s practices, exposing its errors, and interviewing greater than 100 of its present and former staff.

McKinsey employs greater than 30,000 employees, hiring the very best and brightest from the highest colleges of the world with the very best pedigree of training. This has traditionally been the agency’s calling card to potential prospects, promising to repair different firms’ issues with a uncommon experience—for a steep price, each financially and morally.

One guide evaluation states, “The authors expose the agency’s unsavory work with fossil gasoline firms, cigarette-makers, opioid distributors, regulatory businesses and autocratic regimes … to unearth conflicts of curiosity, corruption, hypocrisy and strategic blunders that learn like a prosecutor’s indictment.”

McKinsey’s high-priced recommendation typically crossed the road of moral enterprise practices to deal with the underside line at the price of folks’s jobs, shortcut security measures, and the defend of nondisclosure agreements to make sure the tradition of secrecy. The agency often advises opponents in the identical industries, however denies that this presents any battle of curiosity, the guide factors out.







Part 2: Gary native authors book taking aim at world's largest consulting firm

One guide evaluation states, “The authors expose the agency’s unsavory work with fossil gasoline firms, cigarette-makers, opioid distributors, regulatory businesses and autocratic regimes… to unearth conflicts of curiosity, corruption, hypocrisy and strategic blunders that learn like a prosecutor’s indictment. ”


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In a single telling instance, McKinsey suggested a Chinese language engineering firm allied with the communist authorities which constructed synthetic islands, now used as staging grounds for the Chinese language Navy — whereas on the identical time taking tens of hundreds of thousands of {dollars} from the Pentagon, whose chief intention is to counter Chinese language aggression.

“McKinsey suggested Massive Tobacco companies for many years, serving to to promote extra cigarettes once they knew all alongside it was probably the most deadly client product in American historical past,” Bogdanich stated.

Traditionally, greed is a profitable promoting level for any firm. McKinsey’s practices for many years have typically made our world “extra unequal, extra corrupt, and extra harmful,” the guide suggests.

“Since we have been disclosing details about this firm, I think about extra of its employees are embarrassed,” Bogdanich stated.

Contact Jerry at Jerry.Davich@nwi.com. Discover him on Fb @JerDavich. Opinions are these of the author.

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