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…
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…
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…
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…
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…
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…
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.
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…
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…
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…
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).
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).
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.
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…
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…
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…
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…
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…
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…
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.
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…
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…
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…
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).
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).
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.