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In my time at McKinsey, easily half the people who left the firm went into the financial world (from hedge funds to PE), and salary was undoubtedly a major factor in the decision. Note -firmsodeling” done in case work may not be directly comparable to the financial modeling more common at investment banks. CONSULTING.
AlixPartners is an international business advisory firm based in Southfield, MI known for its work in corporate turnarounds, bankruptcy assignments and restructuring. Generally regarded as turnaround market leaders, AlixPartners is doing a killer job at taking up more room in the consulting space by strategically hiring a plethora of gurus.
This Firm Profile started as an email from Sean, asking if we could write on Alvarez & Marsal, “The Turnaround Guys”. The firm’s first turnaround client was the household brand, Timex Corporation. Turnaround and Restructuring. Financial Services. ALVAREZ & MARSAL INTERVIEWS AND RECRUITING. Practice Areas.
They entered the financial disputes business with the acquisition of Klick, Kent and Allen, Inc. FTI expanded into investigation and research capabilities as well as turnaround, restructuring, bankruptcy and forensic accounting with the moves. Restructuring/Turnaround Services. Valuation & Financial Advisory Services.
Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. Financial Services. INTERVIEWS AND RECRUITING. They recruit a lot of their staff that way. Cargo & Logistics. Human Capital. Cost Reduction.
This may include discrete projects completed at arms length, such as due diligence on a transaction, or turnaround projects where consultants are embedded within an organisation. At my previous management consulting firm, student consulting clubs are informally known as the “kiss of death” by recruiters.
Also, the last years have shown how important it is to have some financial slack for unforeseen developments. Ideally, liquidity planning is integrated with the rest of your financial and business planning. Recruit smarter, not harder The shift in the labor market is here to stay. A spreadsheet will do as well.
All senior leaders are surrounded by physical or virtual trappings of office — the formal decor, the board dinners, the financial reports, the assistants that manage travel and scheduling, the intensive calendar that leaves little time for reflection. Second, get out of the bubble. But there are other, less dramatic techniques, too.
When a private equity firm adds a new company to its portfolio, analysts rigorously size up its financial, operational, and competitive condition. But CEOs at the best-run PE-owned firms we’ve worked with emphasize both recruiting and talent development. In fact, management consultancy Bain & Co.
But for the most part, recruiters aren’t calling. After researching what specific hiring companies are looking for, he’ll know which stories to tell to convince recruiters that he’s ready to be a key player in their startup’s growth — to help them become the next David. You know the standard advice.
You accept your first job as a manager in a fast growth tech company, thinking: “How much different could this be from my former company—a financial services firm? Two of your most senior managers never do a lick of work—and are only on the payroll to keep competitors from recruiting them.
All of a sudden, companies started actively recruiting again. Having endured some rough patches in the previous four years, and now being financially independent, and most importantly genuinely happy with what I am doing, I am consequently very grateful to you. The various firms typically are on a similar recruiting cycle.
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