{ "media_type": "text", "post_content": "Wow. McKinsey, which has the biggest public sector presence of the MBB, really hasn't been doing too hot at all in the sector. \nIts presence is tiny and it's gotten even smaller. Meanwhile it's bungling whatever opportunities it's getting.\nhttps://www.propublica.org/article/how-mckinsey-is-making-100-million-and-counting-advising-on-the-governments-bumbling-coronavirus-response", "post_id": "5f10ca2cc87a1100210cca41", "reply_count": 45, "vote_count": 10, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }
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The prestige chasers in consulting are sickening. We are all smart and do meaningful work. Full stop.

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Wow McKinsey consultants' replies here are comedy gold. So easy to drag because they're so delusional, even if we ignore the original point of this post.

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McK: We're the same as Big4 except we don't let you in without a trust fund, our ego is bigger, and we charge you more! I shouldn't be surprised any longer that these out of touch elitists are shaping policy decisions for the country. Then again, I guess they said all New Yorkers are SLUTs so they provide us some entertainment.

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Lol not true

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PwC1 - if McKinsey is doing “short term high impact projects” then no wonder our country went to shit 😂

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Third repost

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😂😂 I only complain when I don’t get what I want

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Not many COs can justify their rates. Government rate scales don’t really work with MBB.

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That is true, which is probably a big reason why the practice is tiny. And it may be getting smaller or stagnating with all this bad press.

MBB: Where you pay for an ego and bill rate bigger than Big4

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Do you just need somebody to talk to about this? Or are you looking for insights into why this is happening?

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I'm still reading the article. Not really focused on the covid response, but I'm just surprised how they could lose so much of their apparently small practice over one report. Their public sector work is just way smaller than I thought it was. Just surprised is all.

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McKinsey easily has the largest federal management consulting practice. Now, all the staff augmentation firms may do more in revenue, but they’re winning butts in seats contracts.

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SC1 is right here. Also, this post was about consulting in general. And if we want to talk about cool stuff, Deloitte, IBM, Booz, and ACN all have massive data science practices serving the government. All doing extremely intellectually stimulating work that's high impact and oftentimes reaching the C level or entire organizations. And if not C level, it's often mission-focused, which has a super cool impact on America as a whole. Even if McK were the only player in strategy, they're relatively weak in data science. And the reality is that these days, there are many consulting fields that are sexy because they're both intellectually challenging and because they have a massive impact, data science being one of them. This strategy-is-the-only-thing-worth-doing mentality that pervades FB (and MBB) is stupid especially when half of you can't articulate what makes strategy consulting different from everything else.

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This post is filled with a lot of very bitter-sounding people...

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You’re right OP, I shouldn’t have been dismissive of Big 4 federal consulting, and I'm sure you have good teams doing good work. I actually don’t work at McKinsey. And I think they’ve made some poor decisions. While the article is a little unfair, many insiders think McKinsey now has a culture problem to win at all costs. However, I have done Big 4 Federal, and I’m familiar with the work McKinsey does. And I’ll tell you, by and large, they’re pretty different. But don’t believe me, look up bill rates. And no, McKinsey doesn’t have a separate workforce at lower bill rates (and all the implications that come with them). Ultimately your repeated dismissiveness of McKinsey's federal business felt a little naive while trying to be condescending. Not a great look. I just don’t understand the need to insult others to feel good about one's work.

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If your employer did one thing in response to coronavirus, what would you want that one thing to be?

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Why is New York parading around like it did a good job with the Coronavirus? It didn’t.

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Kellogg (no money) vs. Darden (50% scholarship). At a boutique consulting firm now and trying to move to MBB. Which do I choose? I love both schools.

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I spoke to a Senior Manager earlier today and she told me they are looking to hire experienced and qualified candidates who have the below requirements: 1) Bachelor’s degree 2) CPA certification 3) 3-7 years of Accounting or Audit experience 100% remote. Then, post COVID traveling will vary. Please, if you meet the above requirements or know someone who does and is interested in joining Deloitte send me a private message. I will have you send your resume and I will forward to Senior Manager.

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Does it bother you that the job market is so faddish? When I left college (pre-crisis) most wanted to work for a bank or MBB. Now all I hear about is FANG (but mostly G) and startups.

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Manager after 3 years at Accenture Strategy, which I joined out of Uni. Which title am I likely to get if transitioning at MBB?

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Am curious since I’m just starting to learn about MBB and consulting in general, how long does it take for a BA to get to EM? Heard someone going from one to the other within 2year time frame, was wondering if that is even achievable

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Why don’t they care about natural immunity from previous infection? Several studies and doctors agree that natural immunity is just as good if not better than vaccines.

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In a world of remote consulting work…. How long can the US maintain its high premium over European and, esp. developing market consulting? Both price tag to clients and significantly higher salaries for the people. I imagine may move faster at Big 4, etc. than MBB, but within MBB the huge cost and salary differentials feel… increasingly hard to maintain (even though I think the differential has actually gotten bigger, not smaller in the last two years). Thoughts?

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Have you guys seen any young children with Coronavirus?

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Anyone done the Kellogg video essays yet? Is the COVID question still the same from the 2020 cycle? Would also appreciate any general advice you have for them

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Do the big four (S&A, Business transformation) give market sizing profitability etc type cases similar to MBB?

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