Is it true that mgmt consulting is a scam or should I say it's not a real job? I've seen people who do not have any experience in the industry are leading & driving the project. Even people with 5 YOE @ ZS have no real experience in pharma, marketing or any other field. How ZS & all these consulting giants able to do this? Why these billion dollar companies are paying consulting firms? I've seen too many projects entirely done by AACs. How are they eligible to all this?
This is a genuine ques.

likefunny
Posting as :
works at
You are currently posting as works at

There are some logical fallacies in your post. I'll point them out.

LF 1: If I don't understand something, it must be a scam.
LF 2: My personal observations constitute the entire population set.
LF 3: ZS is a management consulting firm
LF 4: If the entire work is done by the workers, then what is the need of higher management

Your questions will automatically be answered if you rectify these.

likefunny

I was 100% expecting an answer like this. I've asked this question way too many times. People who are in management consulting often refrain from answering. Doesn't matter if I agree or disagree with your opinion. But they do not answer because they do not have any answer.

like

It’s a scam and mostly soft skills and just situation management skills after few years.
If you can ask right questions, do email stuffs, give directional guidances, throw ideas you will survive in this to a certain point maybe Manager.

But to become AP/P, the game is all together different.

like

Yes after becoming a Manager your performance is measured on selling mostly

like

A good lot of work done in ZS is more focused towards Ops. That’s why you may be feeling so

like

The YouTube video shared by ZS3 makes 100% sense.

like

ZS doesn't do a lot of management consulting FYI. Only a few in SIP track really do stuff veey close to typical strategy work.

like

I switched to strategy consulting outside of ZS and my friend is in the product company. We discuss this a lot and here are the reasons from our experience.
1) They can do the same work internally but results might be biased hence third party opinion
2) It's not entirely true that they lack industry knowledge. In my firm, there is a good mix of pharma doctorates, people from client companies, medical doctors, and general consultants
3) They have competitor data. Although there are restrictions in sharing directly, the recommendations are often built on keeping these things in mind
4) The recommendations provided are based on primary research interviews and marketing situations for different client companies hence no in-depth pharma knowledge is often required
5) Often times same work is given to multiple consulting firms. If majority of them have same opinion they can implement them with confidence
6) Client companies are not very smart. Many emerging companies will have a great drug but they don't know how to successfully launch

likehelpful

Thank you for your answer. Makes a lot of sense.

like

Talk about the consultants around you, I have industry experience before ZS and joined as a lateral consultant. I find both me and my colleagues to be smart and competent enough to both do ground level work as well as consult the clients.
If I start telling you how much on ground work I have done in my 6 year career, you will probably take this post down and feel bad about it. My client recommendations got me admitted to good universities and helped/benefited their brands in multiple ways.
There are multiple other ways to gain attention, you don't necessarily need to demean a complete set of hard working people. Just saying!

funny

https://youtube.com/watch?v=iX-Oj_vvwC8&si=EnSIkaIECMiOmarE

like

Thanks for sharing 👍

like

Related Posts

I’m currently in the process of being converted from contractor to permanent. In my initial conversations I was under the impression that I was in a different pay grade and asked for a salary 25k higher than the max allotted for my position. I feel like it gave the impression that I don’t know what I’m doing. Any suggestion how I can recover from this?

like
like

What package should a person with 13years experience should expect if joining as a Project Manager in Infosys?

like

I am getting an offer of 12lpa fixed from EY GDS. YoE 5 years. Cybersecurity domain. My fixed was at 8.7 lpa. How is the offer? Rank is 44.

like
like

I know this doesn’t count as an interview, but overall professional advice needed:
Any tips on asking for better severance pay?

like

How do you navigate when you've already accepted an offer, but you get a better one? I'm supposed to start a new role tomorrow but got an offer for the job I really wanted, and it pays 50k more. Is it horrible if I quit while having just started?

like
like

In Accenture offer Letter, I didn't get the pay structure, instead HR told me that it can be planned by employee only on the first day of joining. How does it works? I got level 8 .

like

Hi folks,
Can anyone please let me know what would be the approx in hand salary for a ctc of 12 LPA in TCS ?

like
like

What is an average pay for a clinical lead medical assistant in Philadelphia area?

I have cleared all the interviews for the HR Manager role at ICICI bank. I have a total of 6yrs exp with 1 yr as an HR. What CTC can I expect from ICICI? My current ctc is 12 LPA

like

Do PEs offer singing bonus or relocation fee?

like

Hi,

Does Nagarro provides internet reimbursement?

like

Thoughtworks what is the typical salary band for senior consultant at thoughtworks and what is the typical appraisal range at thoughtworks ?

like

Hi Folks,

How is
UST in terms of oracle cloud projects?? Do they have good cloud implementation projects or only support projects??
Need some info regarding the oracle practice at UST.

Thanks in advance.

UST Global UST

Is M. Design from IIT-IDC Bombay really worth it?

I am working for 1.5 years in a Hyderabad startup as UI/UX Designer. After Btech I did a certification in UI/UX and got job from the institute placement only. Will a master's from IIT-IDC Bombay will be worth or should I climb the regular conventional ladder by jumping from company to company for package hikes?

like
like

Hi fishes,
Wanted to know the CTC band for 6.5 years exp and role of 'Software Engineer-UI-JL3' in India.
Thanks.

More Posts

Hi, I have a HR discussion with EXL this week for the post of manager.

What should be the fixed pay I should be asking for?

like

Any thoughts on BNP M&A in nyc

like

Is it good to hpe seeing current layoffs. Is there good work life balance? Job security?

like

Anyone switched from Becker to Wiley and regretted it? I did and though I appreciate the bite-sized lectures, I don't enjoy it as much as Becker. My access for Becker expired already and I don't want to spend 2k again 😭 such a tough choice to make but I feel like I'm not getting what I need from Wiley.

like

Anyone ever gotten COVID before an exam? I just got it and I test Saturday. I called about it and they said to cancel it and I might get either a refund or extension. If anyone has had this happen did you get an extension? If so, how long was it?

like

Is there a secondary market for CPA books (outdated) or just throw them away? Thanks.

like

Do you have any book/video/whatever recommendations for how to be a good manager/lead? I'm trying to make the transition and get more responsibility

like

“The copy needs more modern slang young millennials can relate to. It isn’t jiggy enough right now."

likefunnyuplifting

Anyone here work for Viacom, WarnerMedia, Disney, Netflix etc. (Or know somebody who does)? I'm brand new in New York, and I would love to do some networking in the entertainment media industry. Any, contacts, leads or even just a hello would be appreciated! :)

like

Is tin factory area safe to stay ? My office is in BWTC

My Dad and brother didn’t even text me happy birthday 😔

likesmart

Do you know of any LA agencies that put a lot of emphasis on their social impact, or work with clients striving for social good?

like

Hi everyone! I’m relocating to LA in January. Which neighborhood do you live in and why do you love it?

I was looking at Inglewood and Ladera Heights based on where friends live but open to learning more 🤗

likehelpful

Hi Fishes, I would like to know the Designation structure in Infy..which Infy Designation would be the equivalent of Senior Consultant in TCS

Interview advice for academic advisor position at a community college, I have no direct experience but as a social worker. The interview is tomorrow and i have lots of questions

like
likesmart
like

Hi,

I am joining Citi next week kharadi pune location.
Just wanted to confirm a few things.
C12 AVP Role

Is Citi providing laptops? What kind of work model is followed? Hybrid/wfh/wfo

How is the onboarding process? Virtual or do we need to visit the office on the first day.

Is free cab transport is provided ? How people from far distance are managing to commute to office?

How is WLB?

Please guide.

likehelpful

Hi Fishers. Good Morning! I got offer in Citi. Can someone let me know whether we can go home and connect. Or we just need to stay in office until all call gets over. Do they provide laptops for new joiners. Citi

like

How’s WLB at EY pune? I am planning to apply for AWS devops or SRE lead position.

like

Additional Posts in ZS Global

What’s the salary of an DAAC in Frankfurt.

like

Hey Fishes,

Have anyone opted for extension in Wfh? How to apply for it? Did you get extension?

TIA

like

Is it true that all transfers to US have been put on HOLD?

like

What does ZS mean by eligible wages in the bonus letter? X% of eligible wages, what components are covered in this eligible wage?

like

Anyone has an idea about the pay for Space Success Lead?

likehelpful

How long does it usually take to hear back after final interview

like
like
like

Does ZS ask for a reimbursement if an individual leaves ZS with an L1A stamped and did not travel/wish to travel?

like
like

Hi fellow ZSers
Can anyone help me understand if there's a provision of moving from ZS India to ZS UK role?
If yes, what should be my approach?
I joined ZS 3 months back and would really appreciate the help!

like

1. What are the hierarchy leveles in ZS Associates (software development). ZS folks , kindly help me on the same. I am having 4 years of experience, what hierarchy band can i expect?

2. How much percentage is variable component in ZS? I come from ACN which has 21% vp component.
Is vp paid fully?

3. Also, how is wlb in zs, Haven't heard quite good abt zs wlb..

ZS Associates

like

Anyone who transferred to UK or any other country from India from RWE pod ?

likesmart

I have my unstructured case study round in ZS for a data science consultant role. Could anyone give few insights what to expect in the interview?

like

I will be joining as M in ZS soon. What goodies can I expect on day1? :D

like

Need some guidance from Zs associates fishes, one of my friend has got offer there at C level with good gross with 15% variable but no ELRP, but another one of my friend has a AC offer with slightly less base but ELRP, how does this work p? What additional benefit do C get to counter ELRP?
ZS Associates

like

Hi everyone.

I need valuable suggestions from you all! I want to migrate to Canada and settle the after getting a PR. I am an associate looking for masters degree in analytics or management field. Budget is limited but can extend it till 35L INR. Tam only considering courses with duration of atleast 16 months so that I get PGWP (Work Permit) of 3 years which would improve my chances of PR.

1. Is this a approach correct ?

2. Any suggestions about course or university ?

like

What is the expected salary hike for one getting promoted from A to AC or AC to Consultant in ZS India for December promotions?

like

RMP dropped a mail about mandatory vaccination. No reference to hybrid model. Is this the new normal at ZS INDIA?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal