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I'm having 2 offers currently for data engineer position, 1. Quantiphi: fixed 15, 1 VP. Project: electronic health records
2. Virtusa: fixed 16.15, VP 5%. Project: British telecom. Migration project, PySpark coding with AWS glue EMR.
Please suggest me which one is best?? Feb 8th is my LWD.
I'm also in 2nd round at other companies like Brillio , NetApp (Data ops)
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Bowl Leader
Love waking up to this trash take in my feed.
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CAIA vs CFA?
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What are NYE plans?
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Lol :D is that what they are telling you?
Cool
What I took away from the NYT article is that there was a small group of partners who were making a lot of money doing things they probably knew they shouldn’t have been doing (e.g., associating with people tied to the Guptas) and a larger group of partners and senior leaders who looked the other way because of the financial upside. As someone who doesn’t work at McK, it’s impossible for me to know if this is indicative of the broader culture, but it raises a lot of uncomfortable questions in my mind.
Agree the market leader takes more than its share of bad PR as a general statement, but I am not aware of BCG doing anything close to what McK is accused of in SA. If they did, I would question whether it is the right place to be working...
Does anyone else find it at least slightly humorous that McKinsey has so many scandals that the abbreviation SA is actually ambiguous in this context?
South Africa, Saudi Arabia...but who’s counting anyway??
BCG growing like crazy the last 15 years reducing size gap to McK. But McK growing a lot too and ahead of BCG in entering new spaces (RTS, digital, etc). Bain clearly behind the two and losing more every year. They are strong in a couple of areas (PE...), but they lack width and don’t exist in multiple sectors. McK PR issues are real, and SA is not the first case
The market leader always gets the most attention. Most scandals aren’t; and don’t think for a moment that others don’t have the same troubles.
That last sentence on the Ritz is gold
A1, I think you've got it wrong. Just because unethical practices are normal in a country doesn't mean we shouldn't expect better from our companies
But it is indeed helpful to others if McK starts labeling its scandals better. We do get confused
McK is not growing? They opened 4 entirely new business units in the last 3 years and continue hiring for them. Pretty soon they'll be Accenture with digital, process, tech, and strategy lines
BCG2. Well asked. First, in any large organization a small number of people can make mistakes. They did. Second, in any decentralized organization (like a proper partnership) people can fail to follow compliance rules. They did (they started working with Trillian (a dodgy SA minority co) before they had cleared compliance. They stopped when Trillian failed to clear). Much of what has been written by the second/third level press is evidence-free. Net net. We fucked up. Did we with intent do anything wrong? I don’t think so Did we exit colleagues who broke our rules. Yes. I’d encourage anyone (especially in the US, where things are toxic these days) to read the FT for clean clear coverage of any business issue. The Economist as well.
And Navdeep Arora (who’s in jail for bilking a client). Seemingly isolated, but I simply can’t imagine an environment where a Partner thinks that behavior is ok.
I sincerely hope not
The only thing that should matter in your decision is what people you click with better
(When choosing between MBB)
Need someone to explain Rajat Gupta. The rot went all the way to the top!
I mean, it’s the Times, I know they know what they’re doing and are being intentionally ironic. That said, I’m not sure if there’s any more succinct representation of our entire industry than that one sentence (and actually the one that follows it, too)
Partner 1, I was just thinking that...
“Many of the consultants were annoyed last year when the government kicked them out of their preferred hotel, the Ritz-Carlton, to use it as a temporary lockup for those accused of corruption.”
Telling of priorities and disheartening. We work for companies with lofty aspirations and talk of total societal impact, but then there’s behavior like this.
BCG - happy to answer any questions about SA or anything else. And I’d ask to you read the reputable press carefully (like the NYT) to stay informed. Even the reputable press sometimes present facts in such a way as to invite the reader to infer things that they present no evidence for. Reason and critical thinking are sadly in short supply today (apolitical statement).
Anyone who is from or worked in a country similar to South Africa, whether it's elsewhere in Africa or Latin America or the Middle East, knows bribes are part of the business. Every couple of years there's a "scandal" and the American company gets the blame while the local officials get re elected by voters who never learn their lesson due to tribalism or kickbacks or religion or some other ridiculous allegiance. The other solution is for American companies to completely pull out of these countries which would be a net loss for everyone.