Should Newcrest disappear as an independent company, management consultancy McKinsey could lose a lot of work from an extremely valuable client.
hasn’t been immediately dismissed by Newcrest’s board. And in considering how Newcrest might change under new ownership, some are pondering the savings to be found in the strategy budget.A hallmark of Newcrest’s challenging management culture in recent years has been a marked reliance on external consultants.
Chief among these was McKinsey, whose wonks have lately been involved in everything from mine operations to data science initiatives, and whose research is cited in Newcrest’s sustainability and diversity reports as well as then-CEOA Newcrest spokesman on Monday defended its use of consultants, which he said occurred “at appropriate times”.
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