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THE GREAT REBOOT

The transformation of our workplaces and societies accelerated by COVID-19

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Breakingviews - McKinsey’s public problem may have public solution

NEW YORK (Reuters Breakingviews) - McKinsey may not care whether it’s on the right side of history, but its clients and employees surely do. The ouster of boss Kevin Sneader, a $573 million settlement over advice it gave to opioid maker Purdue Pharma, and work for the U.S. immigration authorities and Saudi Arabia’s autocratic government all further the impression of a business struggling with its own direction. This public dilemma may have a public solution: become a listed company.

Breakingviews - Vodafone mast carve-out sharpens growth challenge

LONDON (Reuters Breakingviews) - Nick Read may be the beneficiary of some lucky timing. The Vodafone CEO on Wednesday confirmed his plan to list the UK mobile phone company’s Vantage Towers unit in Frankfurt next month. The spinoff should unlock value and reduce debt, but also gives Read one less place to hide from frustrated investors. Fortunately, the group’s core European operations may be turning the corner just in time.

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