This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In this essay, we explore the current state of these firms with a focus on estimated compensation levels, career opportunities, firm sizes, global footprints, and emerging trends in the industry. The firm has approximately 130 offices across the globe and generated revenues in the range of $16 billion in recent years.
I think that is a mistake and I want to show you that not only is strategy simpler than you think but developing your own strategic perspective can help accelerate your career and help you work on more interesting projects. Bold goals might be great if you are able to meet them but if you fall short, that can really hurt your career.
The Varied Roles Within Consulting Consulting is a diverse field with multiple career paths. Partners and Directors At the highest levels, partners and directors are responsible for business development, setting strategic direction for the firm, maintaining key client relationships, and mentoring junior consultants.
The Analyst and Associate Levels: Early-Career In Strategy Consulting. In the early days, top consulting firms were led by people who had careers in other industries and specific expertise. The tenure in role is most defined at the earliest points in the career path. ” Reviewing The Overall Career Trajectory.
These firms produce many impressive alumni because they tend to recruit and attract some of the most driven young people around the world, the work is oriented towards helping senior leaders of top companies, and the fact that there is an expectation that most people who work at these firms will not spend their entire careers at them.
My experience at McKinsey early in my career, after working at GE, was the first time I learned both how to receive and give feedback. Do you have a toolkit for businessproblemsolving? As much as we accept that feedback and coaching are good things, most people still feel awkward when giving and receiving feedback.
Most knowledge professionals deal with problems that are ambiguous and part of their job is to identify the core issues. Here are a few useful things I learned about scoping in my consulting career : Find the problem behind the problem The first step of the consulting process is to define the problem.
And while Boston Consulting Group’s career page only lists the two traditional kinds of interviews they also launched their digital case experience: the BCG Online Case Experience, or the BCG Casey. I rather help you learn skills that will last the rest of your career. Do you have a toolkit for businessproblemsolving?
Test your Commitment : In my career, I’ve often tested out next steps in my career by telling people what that next step might be and then judging both my reaction and theirs. For example, early in my career, I would tell people “I am trying to break into consulting.”
Even if a CEO is convinced their strategy is the right strategy, having their plan confirmed and endorsed by an outside consultant is a smart political maneuver that puts distance between themselves and any suspicion by the board of directors that what they propose is best for the CEO’s career and not the shareholders best interests.
This drove her throughout her career. This is similar to what I experienced at McKinsey and one of the biggest ways to improve your writing or businessproblemsolving is simply to spend way more time understanding the current state or issues than you are used to. . Do you have a toolkit for businessproblemsolving?
This is normal, and something that makes sense because you need a steady state of operations that is consistent and reliable to keep the business running. But at the individual level, this will not only sabotage your career growth, it will undermine any chance that your company can build a collective spirit of doing great work.
While Taylor came from a family of some means, college was not the first stop in his career. The next ten years for the consulting industry will be the toughest yet as they attempt to maintain their elite connection to business leaders and hope to reposition themselves in a new technology-powered business and economic paradigm.
We organize all of the trending information in your field so you don't have to. Join 36,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content