Related Posts
Conversation Starter
McKinsey & Company How likely is McKinsey to rescind an offer if there's a recession/downturn before my start date? Received an Associate offer with a start date early in the Fall. But I'm worried about the offer being rescinded due to the ongoing McK scandals/issues and a potential recession in the making (which may prompt them to freeze hiring and/or renege offers).
Has this happened to anyone before at McKinsey, offer getting rescinded due to economic/company downturn? A bit worried
McKinsey & Company
Guys, a query from me - got an offer from a reputed renewable industry company so wanted to know if I'll be going downhill or uphill in my career. Note: Position is in Europe, naturally way better money than India, and its an ex client wanting me to join them. He is keen to get me in.
https://joinfishbowl.com/post_1ysj22yk7e
Additional Posts in Consulting
Rising Star
What did you buy yourself when you got promoted?
Rising Star
I went through many rounds of interviews at Accenture and then received an offer which I accepted. After I received notice that my background check had cleared I contacted the recruiter to ask when I would receive my start date and they came back with a request that I meet with someone else. Is this normal?
New to Fishbowl?
unlock all discussions on Fishbowl.
I was on the other side. Laughing and calling it’s just “bullshit” during the daytime but secretly looking into every single slides and nothing key ideas for utilizing the “bullshit” during the nighttime
Rising Star
You do 300 pages in a case in hopes that a client reuses 5. Sometimes that is enough to justify the whole thing if there's a key insight.
They do. Client must have flashed his Deloitte deck at me like 10 times already.. sounds dirty but it’s not.
.
I think they use our thinking a lot. Do they use the actual deck? Eh, idk. Do they use the thinking we conveyed to them through the deck? I think so
They evaluate the “money” slides. Everything else is context. It’s like how you can remember quotes from movies, shows, books and how it made you feel, but not every detail in the story
That’s a really solid analogy. I bet if I said “tell me the story told by anchorman but in at least 20 minutes of detail,” most people couldn’t. But say in an exaggerated voice “I’m kind a big deal,” and most American males between 26 and 40 will probably get the reference. So Anchorman had a pretty substantial impact
Pro
“McKinsey recommended firing 1000 people” would be the key takeaway for the sponsor. The 500 page deck goes to trash
Ironically I feel like people who think consulting work isn’t valuable are consultants themselves haha. Easy to get jaded. But I have been on the other side… yes it is valuable and yes I read every deck (and so would the execs).
It’s the “so what” that they care about
I work in an independent firm with both giant companies and start ups. My work for start ups is 100% valuable all the time and is an actual pleasure to do. With the giants, the work remains valuable but let's say only 10% is seriously considered and implemented.
Chief
The main body of a deck really shouldn’t be more than 20-25 pages and each slide should have a clear story/recommendation. If the client wants a ton of charts/etc. In the appendix then sure the deck may be very long but in general shorter decks are better.
Rising Star
I mean depends on the client. I have some where they send back to us word changes for particular stakeholders. Then other clients who don’t read anything.
Rising Star
I consistently read slides
Spent most of my career in industry and recently made the jump to consulting. I would say it depends on the consultant. Some decks are so fluffy that I never read the whole thing - others are concise, well-written and tell the story I want to hear, and I read every word (including appendix).