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How can you — the solo consultant or small consulting firm owner — consult like the most prestigious consulting firm in the world? In this article, we’ve broken down the book The McKinsey Way to help you do exactly that.
In 2021, researchers at MIT and McKinsey teamed up to ask more than 100 companies how they were using AI in their operations and to learn what separated the highest-performing companies from the rest. They conducted a similar survey in 2023 to see what had changed.
Today, we continue our series of book reviews with a look at The McKinsey Way , a book written by a former Associate at McKinsey, Ethan M. Rasiel, who is also the co-author of The McKinsey Mind. Does The McKinsey Way deserve that lower rating? The McKinsey way of working to solve business problems.
In this episode, Michael Zipursky sits down with keynote speaker and author, Kaihan Krippendorff, to share with us his journey from working at McKinsey & Company to founding his own growth strategy and innovation consulting firm, Outthinker. At the core of his.
Most consultants tend to use an hourly rate anyway, because it’s the easiest to figure out, there’s less risk of undercharging, and it’s what most clients are used to. Solopreneurs who come from “name” firms like PwC or McKinsey can charge more than those who come from industry.
If you interview for McKinsey, you may come across the McKinsey Personal Experience Interview (PEI). The McKinsey PEI is a separate behavioral portion of the interview process on top of standard behavioral questions you can expect to see. Years ago, … Continue Reading.
Although I’ve developed a number of blog posts addressing the practice of management consulting, I have spent little time tying things together into a framework of secret weapons of the modern consultant. So here are eight secret weapons of the modern consultant (arranged roughly in order from foundational to more advanced).
Andy had failed a case interview with one firm but had a confirmed chance with McKinsey London, and he didn’t want to walk away without the offer. Just got off the phone with McKinsey and have been offered an Associate position!!!!!! It made my day when I got his email on the day of his final round: Hey Jenny, I hope all is well.
What is freelance consulting? Freelance consulting refers to offering consulting (expert advice in a particular industry) as an independent self-employed business owner instead of as an employee of a consulting firm. For example, a strategy consultant might work for a big firm like McKinsey or Bain.
It’s no secret – a majority of the growth multinational companies (and consulting firms) are experiencing is directly attributed to their work in emerging markets. Having recognized this, McKinsey is launching a brand new event – McKinsey Global Connect. This … Continued.
With McKinsey making headlines for being under criminal investigation, it seems an opportune moment to examine the ethics of your consulting firm’s activities. Neither you nor other the leaders of other consulting … Continued The post 3 Guidelines to Ensure Your Consulting Firm Does the Right Thing appeared first on David A.
McKinsey, Bain, and BCG look for specific traits in consultants. After years of working with candidates that go to MBB firms and other consulting firms, we’ve noticed something. McKinsey, Bain, and BCG look for something different in consultants than other … Continue Reading.
We have to give credit where credit is due – McKinsey is trying to make recruiting (somewhat) fun. One of the more recent additions to McKinsey’s recruiting process is the McKinsey Digital Assessment, a video game that is used to … Continue Reading.
When people think about consultants, they often think about those that work for companies like McKinsey, Accenture, Deloitte, etc. However, there are a number of companies that provide consulting or professional services as part of product companies (e.g., Often the buyer in the organization is different too.
Below is our list of top 10 Canadian schools for those hoping to launch a career in management consulting. In addition, and perhaps more importantly, all of the top 3 firms (and numerous other firms including the ones mentioned above) consistently recruit from the University of Toronto, making it an ideal launchpad to break into consulting.
The McKinseyconsulting case interview – there are so many things to become familiar with in McKinseyconsulting interview prep. The post McKinsey Case Interview: 4 Things You Never Knew appeared first on Management Consulted. Of course, there are the basics that you have to learn.
Since many of my students aspire to work in consulting after they graduate, the purpose of this post is to round up some examples in the consulting space as related to research methods. McKinsey article, “Not enough comps for valuation? This post will be updated from time to time.
A prospective management consultant without basic business understanding is like a camera tripod with 2 legs — it just won’t work out for you. What will you learn from starting a business that will help you prepare for consulting? Complete our Consultant For a Day exercise. Size its market. Identify how it makes profit.
Welcome to another rendition of the Management Consulted top consulting firms list. McKinsey & Company: McKinsey London helps … Continued. The post Top 10 Consulting Firms in London, UK appeared first on Management Consulted. London’s calling – so enjoy!
The post MBA Internship Application Deadlines for McKinsey, Bain, and BCG appeared first on Management Consulted. All top firms have released MBA internship application deadlines, and we’ve aggregated the relevant dates and links in one convenient location for you here, so you know exactly when you … Continue Reading.
The McKinsey Solving Problem Solving Test (or McKinsey PST) sounds scary when you don’t know much about it. The post McKinsey PST: Complete Prep Guide appeared first on Management Consulted. After all, it’s a test created by some of the smartest people at one of the most competitive firms in the world.
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Bridge to BCG, McKinsey Insight, Bain AIC Overview Attention Advanced Degree Candidates! Yes, that means you PhDs, JDs, and MDs – Bridge to BCG, McKinsey Insight, and Bain AIC application 2019 deadlines are now published! What are Bridge to BCG, … Continue Reading.
In our last post, we discussed 5 major differences between 2 prominent types of consulting. From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Missed part one?
Bain & Company careers are different versus competitors BCG and McKinsey. The post Bain & Company Careers vs Working at McKinsey or BCG appeared first on Management Consulted. Jenny Rae explains to us, not about Bain Case Interviews like in some of our other videos, but on culture. … Continue Reading.
The global life sciences consulting market is expected to grow by around 10% per year from 2024 to 2029. This means there is likely to be huge demand for consultants with life sciences expertise to work on a range of projects from navigating the complex regulatory landscape to developing business growth strategies.
A couple of weeks ago, McKinsey settled a major lawsuit regarding the firm’s work with the manufacturer of OxyContin — one of the key drugs in the opioid crisis that has claimed many lives. First, I’m beyond disappointed in McKinsey’s role in furthering the opioid epidemic. What I think McKinsey did was worse. Your actions do.
McKinsey Case Interview Tips gives you wisdom that will help you get a McKinsey job offer! Case interview prep can be tough, but in this video Jenny Rae describes specifically what you need to do in your McKinsey interview. The post 5 Tips for McKinsey Case Interview appeared first on Management Consulted.
BCG careers are distinctive vs competitors Bain and McKinsey. In this video, Jenny Rae focuses not on Bain Case Interviews like in some of our other videos, but on culture- what’s it’s like to work for Boston Consulting Group. The post BCG Careers vs Working At Bain or McKinsey appeared first on Management Consulted.
With thousands of management consultants applying to top MBA programs each year, consulting is one of the most overrepresented candidate pools, alongside finance. Entering class statistics at US M7 schools (2025) US M7 school Total class size (2025) % of consultants pre-MBA Is consulting the top pre-MBA industry?
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Today, we’ll help by laying out 4 key types of consulting fit questions. Why Consulting? Make sure you are ready to share how your experience positions you well for this industry – it’s important that you don’t sound like a consulting-worshipper or share how you hate what you’re currently doing.
If you refer to yourself as a freelancer or consultant, what does that imply? There’s a lot of confusion over the terms used for workers who aren't full-time employees: Gig worker Temp Freelancer Contractor Consultant Solopreneur For professional independent consultants, wading through the confusion is critical.
Last week we held an MC exclusive subscriber giveaway contest – entrants told us in 200 words or less how they became interested in consulting. The prize for best answer was a FREE Consulting Case Bank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you.
McKinsey Careers differ from working at Bain or BCG. Listen to the video and get important insights from the professional team of ex-MBB consultants at Management Consulted. The post McKinsey Careers vs working at Bain or BCG appeared first on Management Consulted.
If you tell people you are a consultant, many of them will not understand that you are an independent professional in business for yourself. Many people who call themselves consultants are employees of large global firms like Accenture, and others perform temporary assignments through a staffing agency. We are our own boss.
This week, we bring you the Top 10 Consulting firms in New York – the power center of the world. If you are a New Yorker, just moved there with hope and zeal to conquer the consulting world, or are just looking for some world-class information on the top consulting firms in New York, here is what we have for you.
During my undergraduate education, I was always mesmerized by the sessions run by the MBB consulting firms: McKinsey , BCG, and Bain. Having worked at a boutique consulting firm and a Big 4 firm, I always sensed that the MBB experience was distinct. Why choose an MBB consulting firm? Three main reasons.
CAPGEMINI CONSULTING. Today we continue our firm profile series with an in-depth review of Capgemini Consulting. KEY STATS FOR CAPGEMINI CONSULTING. KEY STATS FOR CAPGEMINI CONSULTING. CAPGEMINI CONSULTING HISTORY. Then in 1970, Sogeti diversified into consulting and outsourcing services. Website: [link].
Do you need to have an MBA to break into McKinsey? The short answer is no – you do not have to have an MBA to break into McKinsey. Didn’t Michael Wolf, former Director of McKinsey’s Global Media & Entertainment Practice, do it with a BA in international politics from Columbia? 2) You’re demonstrating consulting skills.
I know a consultant who is going to do some work designing a company’s program for high-potential employees. The consultant has talent but not much experience. Pricing consulting services is notoriously difficult, particularly for self-employed consultants. Dear Liz, I have a quick question. Can you ballpark this for me?
Stephanie Knight is a former consultant and Associate Partner at McKinsey. Her journey has taken her from Northwestern University to the mountains of northern Afghanistan, to Duke Fuqua Business School, to McKinsey and beyond. You’ll glean so much about life… Read Article.
We’re continuing our Top 10 Consulting Firms series this week by focusing our expert eye on the Middle East. Ask any consultant about the Middle East, and Booz (now Strategy&) will be the first name on their lips! Currently, Strategy& does major public (read: government) consulting work outside the U.S.
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