McKinsey's Leader Survives, but Voting Reveals Cracks at Elite Consulting Firm.

McKinsey, a leading consulting firm, is facing internal challenges as its top leader, Bob Sternfels, narrowly survives an attempt to unseat him. The firm's governance structure, which allows partners to choose their leader every three years, has come under scrutiny as dissatisfaction among partners is revealed. McKinsey has faced criticism for misjudging future demand for its services and has been working to repair its reputation following scandals. Despite these challenges, the demand for high-end consulting services remains strong. Sternfels, a 30-year veteran of the firm, will begin his second and final term in July. [Extracted from the article]