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Coach
Anyone recently received a tax manager offer from EY ? I’m going through final interviews and want to see what your experience was like (negotiation process, initial offer higher/lower than expected?, did you give them a salary expectation range? How long did it take from final interview to offer etc) TIA!PwC EY KPMG Deloitte
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Rising Star
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Anyone used a good moving company recently?
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Top consulting firms right there!!
Home sweet Westin
Too harsh as my farewell message? 🥳
Any issues at Logan this morning?
anyone here do UX Design or Customer Success?
Houston downtown JW vs Westin.. Thoughts?
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Regardless of your level, your first project is going to be in a Consultant role. So you will be on training wheels. Take the higher role while the music is playing
Yes
The success rate of lateral PLs making it to Principal is significantly lower than that of homegrown folks at BCG. Reasons include:
1. You lack the network of leaders, peers, and juniors that homegrown folks have organically. This makes everything harder.
2. Related to the above, MDPs won’t be as invested in you as people they’ve worked with and developed for years, despite what they may tell you while they’re trying to recruit you. These are excellent salespeople that are great at appearing sincere - keep that in mind.
3. There’s serious prejudice against laterals from the A/C levels (and possibly others). There are threads all the time in the BCG bowl that are variations on “don’t work with lateral PLs” and “why do we keep hiring all these terrible laterals.” This means you’ll have trouble staffing good performers and that there may be some confirmation bias impacting your upward feedback scores. Given that average PL UF is so inflated one or two of those can impact your matrix placement and bonus. Not to mention if there are a few low scores it can kill your chances for promotion and staying at the firm.
4. This last point gets at your comment about the BCG way. You don’t know what you don’t know. There are lots of unwritten ways of working. You may be doing something in a way that’s objectively fine but if it’s not what the leadership and your team are used to watch out.
Bottom line - go in to it with your eyes wide open that the most likely outcome is you’ll do your best but not make it to Principal. But you’ll have great exit opportunities and some interesting experiences.
Super helpful thread - thank you for the insights and candor!
Chief
Could you provide some background on your current role to help inform? For example if you’re a traditional strategy consultant maybe learning their way would be frustrating. However, if you’re established in a niche they want to build it’s much easier.
I’m coming from traditional strategy consulting. The move would potentially be into one of their smaller offices. I have some industry related experience, but I think I could be working with some net new industries.
Two close friends and former colleagues did the move, and while the first project might have been a bit bumpy, they sucessfully settled and are performing well.