McKinsey & Company, Inc. provides management consulting services. The firm offers business building, performance and structure management, organizational change, operations and customer management, and mergers and acquisitions advisory services. Additionally, it provides format strategy development, lean retailing, sourcing, cost reduction, retail marketing, network management, pricing, and revenue management services. The firm caters to automotive, chemical, financial services, telecommunications, petroleum, pharmaceutical, metals and mining, media and entertainment, electric power, and retail industries. McKinsey & Company was founded in 1926 and is headquartered in New York, New York with additional offices in Amsterdam, the Netherlands; Atlanta, Georgia; Central, Hong Kong; London, United Kingdom; Munich, Germany; Paris, France; Montréal, Canada; Zurich, Switzerland; and Seoul, South Korea.