Thoughts?
Context: A Reply to an article that talks about the shortages of consultants after the pandemic at large.

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A few thoughts:
1) we don’t treat MBAs as no experience. We expect them to be ready to lead. Undergrads are hired for no experience/intern experience
2) We need bodies, still. I think there’ll always be people who want the “fast pace” and flexibility of experience that consulting promises. That will require bumping the pay.

Ageism would be built into the talent recruited. If an older individual wants to come through undergrad, MBA, or external as the appropriate level, they certainly can. We also hire plenty of SMAs. The older people who tend to be wanting to come in as analyst bc they were a lifer at non-management corporate won’t experience the growth here we need to create our experts/delivery resources.

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A person who has only ever been a Sr Analyst in industry and has 20yrs of experience has pretty much capped, for interest or ability. If they come in at the bottom, they’d be a low performing analyst compared to who we do hire. It’s not that we can’t hire them, but the question in recruiting is “can this person become a leader in the org”.

Depends on the project, but in my line of work I would never hire Big 4 if I was a client. Waste of capital.

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I don’t understand… there will still be work to be done after the pandemic. Why wouldn’t clients want to use outside expertise?

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Ah, you, my friend, seem like the type who will never experience life in the client world. Keep drinking that kool aid.

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There is nothing here that was changed by the pandemic. To the extent this is true, it's always been the model.

The change is consulting looking less attractive both after the advent of no/less travel, and unpredictable ability to WFH.

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Not to mention there's been long running ghosting of hours at all the companies and I don't know how they have avoided litigation other than maybe the US department of labor sees the comp level as adequate even though the hours aren't represented anywhere!

Hours only matter below a certain level. After 12mo, you can be considered salaried. At that point, any hours you give fall under salary regardless of what is billed.

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I’ve been on the industry side and most of them are a complete mess. Yes, we’re pricey but there aren’t enough competent leaders in industry to fix their own problems.

If the model was broken, consulting firms wouldn’t be hiring like crazy

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