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Bain & Company Moving to strategy consulting!
Looking for recommendations for how I can transition back to consulting and mainly MBB.
Background:
10 yoe with healthcare consulting with Strategy& in APAC, Middle East and Australia on varied health insurance consultations working as a director leading data science teams.
Feel like I am losing my MC mojo and want to get some years of experience in MBB McKinsey & Company, Bain & Company, Boston Consulting Group
Is there a way without cutting back on pay?
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Hi Buddy's Please help me out this I have joined in one organization as a contractor employee.. If i get any permanent position in any other organisations ,can I abscand the contract position or need to one month notice period.? Will it impact on PF account creation ?? Please suggest me.TIAAccenture Capgemini Accenture Cognizant Tata Consultancy Wipro Infosys IBM Newco Genpact Deloitte
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Positive - companies are going to pay for consultants to tell them how to use AI, they’ll screw it up, companies will pay consultants to try and fix it. Cycle repeats, big market shifts are good for consulting.
I’m coming from a PE/VC angle. We used to rely heavily on consultants for CDDs and market research. AI can produce impressive market reports now. On the ODD side, I’ve done some crazy things with AI and raw data from companies that makes me question the value of consultants. Same with QOE work. Give me the trial balances/GL detail and an AI tool and I’m good to go. AI can genuinely give me strategic and operational recommendations at this point, and they aren’t bad. Obviously MBB does a lot more, but AI is definitely squeezing the available business for you guys
@MD1 I agree with you. I think consulting is going to go back to what it used to be. Subject matter experts in unique niches and areas. We don’t need to or want to pay for the juniors who are just glorified Excel and PowerPoint monkeys. Claude is cheaper and more effective for that now. I think we should all still aim to keep some juniors on our teams though. That way, we still invest into the next generation
It's a bubble we will be here when it pops.
From what angle? Career growth prospective and security: negative. We’ll shift from qualitative to quantitive reasoning beyond the the DCF or market model. Remember, AI isn’t just LLMs..