Heard in an interview with McKinsey just the other day that they are ditching the “up or out”-policy. Anyone heard rationale or reactions within the firm?

likefunnyhelpful
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As stated, there is more time to stay in certain roles like EM. Also on expert tracks its called "grow or go" instead of "up or out" so you can remain in a role but need to showcase you are growing your expertise and impact

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at AP/Partner level

It's not really correct. Up or out is being slowed down at the EM level, basically because EMs are leaving a lot and it's a bit problem. So instead of "up or outing" EMs who don't want to be AP you can stay an EM for a bit longer (5 to 6 years)

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I'll also add that EM and AP are very different jobs. AP has a much greater client development focus, and not everyone is interested in that

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Doubt it.

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I'm building a better working world that's why 🥺

Lol

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