{ "media_type": "text", "post_content": "Partners, how do you perceive lateral hires from competing B4/ACN? Is there a perception of them not being good enough (out instead of up) or viewed as mercenaries with no investment in relationships?", "post_id": "5bddb103a7d474001767a13f", "reply_count": 9, "vote_count": 0, "bowl_id": "5902937c77e26a00105a5bd9", "bowl_name": "Partner One" }

Partners, how do you perceive lateral hires from competing B4/ACN? Is there a perception of them not being good enough (out instead of up) or viewed as mercenaries with no investment in relationships?

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I perceive them as being paid a lot more than I am, which makes me slightly jealous I am not in their shoes. But rebuilding my internal network terrifies me so I shall remain...

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There is plenty of talent out there, all firms are not up or out, and people elected/ selected for leadership know that sometimes one is not at the right place at the right time.

likeuplifting

Not mece, pls fix

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I do not have that perception. Being hired an an SM is tough - we scrutinize them a lot because the expectations are so high and runway is relatively short, so if we hire them, I generally expect them to be solid and committed to us because jumping at that level just to make money is a bit suicidal in my opinion. The “mercenary” attitude frankly worries me at senior and manager levels more, because you have much greater runway.

likehelpful

Understood. I think you need to recognize that it will take you a couple of years to rebuild the support structure - up, peer and down and all are important. Also if you’re looking at B4 with the exception of Deloitte, you have to evaluate practice-specific fit and expectations as they vary considerably since all of us spun our consulting practices off and even though some have been rebuilt, they’re in different stages of maturity. Generally speaking, technical track senior manager is not as well-defined, so something to consider. Good luck to you!

likehelpful

Why is delottie the exception?

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MD1, MD2 - thank you for your perspectives.

@partner - thank you, very relevant advice. As an SM with a few more years to go up or “elsewhere” (our firm likes to be cute about “out”) I was looking at my Plan B options and what if any perception baggage came with it.

^ Deloitte never spun off its consulting practice.

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