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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.

funny

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.

Related Posts

Since Covid-19 who else has lost big accounts?

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Discovered major pay difference between myself and two new male hires with equal experience. Asked for a raise and was shot down due to Covid and essentially told they make more (were talking a 30k) bc they don’t have my “other responsibilities” aKa my two kids. I know my productivity is effected by parental responsibility but I don’t feel that alone justifies the difference. I know our billable output isn’t drastically different. Not sure what my next steps should be and welcome any advice.

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Need advice!

I currently have 10% shares in a very small f&b group owns 2 restaurant outlets.

One of them have been hit with covid and we are suffering in sales. Our director somehow don’t believe in marketing and will not budge to allocate resources to hire a personnel. Our staff are underpaid so there are no incentives for them to go beyond their SOW.

What are some of the ways to drive more sales?

If we have to raise a small round to cover the next 6 months of OPEX - is it a feasible?

likehelpful

Seeking advisement on HELOC…..
Currently married with one child. Own two condos in the state of Hawaii. We moved in with my in laws to get some help with our 2 yr old during Covid. I owe about $150k (market value $530k) on property one and owe $490k (market value $790k) on property two. My wife and I both work and have a combined gross income of $370k/yr. With about $120k in liquid cash, should we try pay off prop one and get a heloc for a SFH?

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My gf is better than me in every way. I don’t look half bad but she’s absolutely gorgeous - turns heads when we’re out. She works at MBB. She’s ambitious and has a kind, loving heart (cont’d)

likeuplifting

Anybody have luck getting tested in VA? I have all symptoms for Covid 19 but nowhere will test me.

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Folks are companies asking employees to come back to office from June regardless of COVID-19 situation?

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Has anyone else had a really hard time online dating with Covid? I’m aware things are getting better but I prefer to do outdoor first dates to be on the safe side. No judgement to anyone that does differently. It’s just what I feel comfortable with. I’ve had a few guys tell me they won’t do outdoor dates for some reason… some have cited weather but others legit say no (in 70 weather) because it’s a hassle & “Covid is a joke.” Please tell me if this is normal.

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These babies are keeping me going thru COVID

Post Photo
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Even though we're busier than ever during COVID, I feel less burnt out than I usually do. There's something pure about our work and contribution in this crisis

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Are MBB firms hiring for Dubai office?

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Anyone from MBB in Seoul? I’ve got questions if you’ve got time...

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How are you remaining positive and mentally strong through COVID?

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Currently I work for ibm doing Salesforce implementations. I'm considering a job change and starting to interview with Salesforce. With everything happening with COVID-19 is it a bad time (cont.)...

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Cut from a project, covid19 impact. If you need experience, pm, diverse industry, technical and business.

In process of joining Accenture S&C at MD level - and hoping to get some insight in MD rates. Guessing MD client rates are around 10-15k pd comparable with MBB and other boutique strategy firms? also is a junior equity partner at MBB/boutique strategy comparable with L3 or L4 at Accenture Strategy? Appreciate any thoughts or insights to frame my expectations. Thanks!!

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Are you supposed to receive a signing bonus for an entry level job at MBB?

Can someone help me understand the pros and cons of MBB vs PE Ops (at A MF, think BS, KKR etc)? I'm looking into in terms of WLB, culture, personal growth, hierarchical-ness, comp, calibre (and attitude) of colleagues, respect (vs deals colleagues) etc.

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More Posts

Mphasis , hi fishes, why this month , Mphasis did not provided, Variable Pay, any one know the the reason, does any acc has been informed with any inputs? Like was it delayed or we r not going to get

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Me to United: I'm going to miss my connection because my flights delayed 2 hours. United to me: well you can hope that flight is delayed too.

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Is it worth it to go to uni for journalism?

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Damn it! The end of HTGAWM. Such a great show it is! Gonna miss Viola Davis. Did you watch tonights finale?

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Damn xrp. I want to buy but should i wait for a dip again first?

Hello everyone I am a Vue js developer
I am looking for some job opportunities
YoE: 2.8
Notice period: 30 days

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Post Gif
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PERM question.

Hi everyone I work at EY and have 3 YOE. EY started the perm process after 2.5 years, the role is for manager. It is standard that managers have 5 years of experience, does this mean that the green card will only be available in 2 years from now when you typically make manager (maybe 1 if early promoted)? From my understanding I have another 6 months with the PWD, Recruitment and then filing items, so it will be ready relatively soon. Just trying to make heads or tails of it.

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The words insights and storytelling are destroying my will to live

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Why is it so difficult to get into JPMC? Every time i apply, i receive Thank you email.. Any leads for Application Support role

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Why does the firm ban you from T drive access after making Manager?

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I read a quote in a posting here: "The only race is the human race." I hate that quote. IMHO, this quote ignores the importance of understanding difference, diversity, and anti-racism. How can we give up white priv if all we are willing to do is pretend that race doesn't exist?

likehelpful

Hi Fishes,

I'm Consultant in my firm with 5.5 yoe. Looking for consulting roles in Food/Restaurant, Insurance, CPG, CRM, Loyalty domain. Have worked in multiple client facing projects with outstanding results. My expertise are Analytics, using R, statistics, sql along with visualization like Power Bi, tableau or store telling using PPT.

I have less than 15 days of notice period left. I'm looking for an opportunity in any big consulting firms. Please Help!

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I really like TAS but I kind of really don’t like it.

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Do your enterprise teams hire freelancers / contract workers from somewhere ? If yes from where ? I see toptal is getting very popular

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How do you balance wanting to be the “go to” person who gets it all done, no matter what, and feeling like you are taken advantage of because of that?

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Hey y’all! If you are looking for some resources to save time and help manage the paperwork load, check out the link in the comments!

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What is the average salary of a Senior 1?

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KPMG miami wyaaa

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Do you think the next MBA admissions cycle will be more or less competitive? I can see reasons for either...

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Additional Posts in Consulting

Geek 🐠: Taking suggestions for a new video game, ideally available on Apple TV (we have the gaming remote) and something I could play piecemeal. Portal, Zelda, and Mass Effect are past favorites

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I heard Accenture pays more than McKinsey

funnylikehelpful

Hate flying out of LAX, dirty, loud and crowded. Anyone feel the same?

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Tell the truth: are you more productive at home than the office? How much more? How about your coworkers? Are they more productive in your estimation? And lastly, your whole team - is it more productive in a remote environment?

likefunnysmart

Book recommendations on genetics and bio hacking?

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Fly day tomorrow, betches.

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Which of the big consulting firms are the best for data science / analytics / cloud?

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Starting to get more involved in the project sales process - any recommendations for books or resources to develop skills in this area?

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Do you think we're going to find out if that ex-pat is able to access his pay statement?

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Anyone used digital notepads like the Remarkable? Considering it as it’s sometimes easier to make written notes, or for doing quick diagrams (as opposed to say, ppt). Keen to hear folks’ opinions!

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Just happen to remember a conversation I had with my manager when I was a rookie consultant. Cont.

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Best consulting firms for strategy in the US besides the big 4 and MBB?

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Any good book recommendations? Genre : Business/ personal finance

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Anyone like trump?

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Learned that I’ll be laid off next week. Setting up networking meetings now to find something new, but know it will take time. How do you explain a lay off or gap in employment to potential employers?

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Think I would actually enjoy proposal work if it wasn't always a massive clusterf*** of copying and pasting without actually answering the questions asked. 🤦🏼‍♀️ Has to be a better way, right?

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I heard great things about Prestige Worldwide. Anyone working there that can give insight into the day to day?

likefunny

Travel dinners: lobster appetizer,filet mignon, Parmesan roasted broccoli, honey seared carrots, and Pinot noir with some IPA's after for good measure. Dinner when home: hot pocket and campbell's soup

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Any advice on how to spend less money? I have Mint and know the basics of personal finance but have found it hard to adhere to a budget. Decent income for a recent grad and no crazy debt, but money seems to go so fast.

I allocate enough to meet the 401k match, but have had a hard time building a savings.

Any advice appreciated!

likehelpful

My uber driver just told me that I can install a PA onto my car so I can shout, "hey idiot, get out of my way." BEST THING EVER. 😂

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