throwaway202212

5 ms·

1.
by throwaway202212 4y ago
By first hand I mean you're the executive paying the bill and understand the motives behind hiring a consulting firm and the incentives such a firm is working under for the client. I'm doubtful most here have that experience (I ce
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by throwaway202212 4y ago
Apologies, "in my opinion and limited experience" it sounds like a conspiracy theory. I'm not legally literate enough to understand the court opinion you attached. Regardless, of course there will be cases of bad players in a
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by throwaway202212 4y ago
I worked in McKinsey Digital. Here's an example of the typical type of project we did: - Client is a legacy bank - Client wants to be a fancy new cool digital bank like Revolut - Client brings in McKinsey to help get them there - McKin
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by throwaway202212 4y ago
Fully agree with this. That being said, a lot of companies are wising up to this and forcing consultancies to work "fees at risk" - where they are only paid based on some measurable success metric. There are obviously lots of hack
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by throwaway202212 4y ago
It's fair to say my view would be biased. But probably not in the direction you would think. I think we need to be more critical of what it means to see things "first hand". MBB are typically operating at the executive level
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by throwaway202212 4y ago
Building a digital bank for farmers in Africa. Was all text-based (USSD) and for those without phones we used NFC key fobs. Several million DAUs within a year. In my opinion, there will always be a need for large companies to bring in outsi
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by throwaway202212 4y ago
I can only obviously speak to my own experience and I did not come across anything like this. There's no love lost between me and my former employer FWIW.
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by throwaway202212 4y ago
That's interesting. I'm curious to know how the internal sponsor of the project sold it internally. It generally takes a lot of motivation to convince your superior (and finance team) to pay the millions McKinsey would charge per
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by throwaway202212 4y ago
This really sounds like a conspiracy theory. That being said, McKinsey (and presumably BCG and Bain) very much embrace their employees leaving to join their clients. It creates a good "referral" network if you will. But more than
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by throwaway202212 4y ago
Running agile in a small team is one thing, having a company do "agile at scale" is quite another (yes I realise the contradiction in terms). As someone who worked at McKinsey, on several large scale "agile" rollouts the
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by throwaway202212 4y ago
Accenture aren't even in the Vault Consulting Top 50 rankings. I don't know how this list is calculated but people in consulting tend to refer to this (I used to work at MBB).
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by throwaway202212 4y ago
Former McKinsey employee here. They have a large office in Silicon Valley and serve most of the big tech companies (largely on boring non-tech topics).
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by throwaway202212 4y ago
I also worked at McKinsey. 5 years, with some of that time in the Johannesburg office. Agree with the above and don't have much to add. But AMA.