McKinsey's Struggles: How the Consulting Giant Lost Its Edge

McKinsey, a big company that gives advice to other companies, isn't doing as well as it used to.

It grew quickly by expanding into new areas and taking on more work.

However, some mistakes and increased competition hurt its business.

Other companies like BCG are growing faster.

Also, new tech companies offering AI-powered solutions could change how consulting works in the future.

AI might eventually do some of the jobs that consultants do now.