Management consulting is kind of bullshit?

Zoom
dunn0

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dunn0
Feb 18 152 Comments

It's a confidence trick. Is there really a good track record of McKinsey actually making good calls? Weren't they against mobile phones and said blockchain tech with ML will change everything?

I know one guy at Mckiney who thought he didn't want to make extra money because he'd be in a higher tax bracket: he didn't realize taxes are marginal. These are the genius business minds?

Is there any actual proof they provide value, or is it more a prestige trick to get people in suits to come along and help the CEO justify firing half the workforce?

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TOP 152 Comments
  • Amazon
    notes

    Go to company page Amazon

    notes
    I do not have much to add on management consulting, but I will say that defining someone's intelligence based on not knowing a specific tax rule is ridiculous.
    Feb 18 31
    • Walmart
      ~itachi

      Go to company page Walmart

      ~itachi
      Umm @jobcoacher there’s only one Walmart poster on this thread and that’s me. I wonder, did your high intellect management consulting interviews not test you on your counting skills?

      Low end retailer folks surely being more coherent than you are being here.
      Mar 1
    • Zoom
      esta_gabon

      Go to company page Zoom

      esta_gabon
      Deloitte really shouldn't be throwing stones in glass houses lmao
      Mar 2
  • New
    wawaawaw

    New

    wawaawaw
    I'd say theres a difference between BA/AC/A at MBB and anything post MBA. Most people who get into MBB from undergrad likely had a 3.7+ (a lot of times 3.8+) gpa from an ivy+ school. Then a lot of them will exit into tech/corp strategy/pe. There aren't too many that stay after 3 years and the ones who do will usually make it to partner.

    Then theres the post mba MBBs. It is much easier to get into a non H/S m7 mba than it is to get into any ivy+ undergrad. From there the level of "business acumen" will drop significantly. Considering anywhere from 30-40% of your class can land mbb from even say Kellogg or Columbia, you see where this is going.
    Feb 18 16
    • LinkedIn
      Mr.Brandon

      Go to company page LinkedIn

      Mr.Brandon
      Clearly a lot of sour losers getting triggered here. If u didn't work hard enough in your early years and couldn't get into a good school, that's your own fault 😂😂😂
      Mar 3
    • Speedway / Mgmt
      Hank Hill

      Go to company page Speedway Mgmt

      PRE
      Amazon, JPMorgan Chase & Co., Capital One
      Hank Hill
      I went to Stanford, MIT, ICL, Harvard and ETH Zurich for undergrad and got two MBAs, one for each wall, Wharton on the right and Kellogg on the left. Who are you talking to?
      Mar 3
  • McKinsey / Consultant
    HardzOn

    Go to company page McKinsey Consultant

    HardzOn
    Love the hate from folks who’ve never worked in the industry. Will consultants know everything or get everything right? No. But, if the work we did was useless, companies wouldn’t be spending millions to hire us. Nor would companies hire ex-consultants to be their C-level employees once they exit.

    Regarding impact major firms have had: things like inventing the barcode, helping nations roll out successful vaccination programs, etc are only a small portion of the work that we do. Most of our work is confidential because our client base is confidential.

    To those saying we’re a means by which execs to justify decisions: I’ve personally been on projects where we’ve gone 180 on the original plan our clients wanted, and seen genuine impact once our recommendations were implemented.

    I used to work as an SWE at a MANGA company and I can say without a shadow of a doubt that my work now is much more impactful than anything I did as an SWE
    Feb 23 13
  • No they're idiots, I was previously in private equity and we hired them. They were the biggest airheads I ever met. They just make slides and piss off the portfolio company management.
    Feb 18 2
    • New
      teablind

      New

      teablind
      Lol
      Feb 19
    • New
      enBT65

      New

      enBT65
      Was in private equity as well. Same experience.
      Feb 23
  • Amazon
    drone321

    Go to company page Amazon

    drone321
    Most consultants are young peeps who speak a good game but that’s it. My MBA buddy who copied my projects and was solid dead wood did well in consulting. Some with another buddy who landed in security at Deloitte before he knew the difference between TCP and UDP. Scams and cover for CEOs.
    Feb 18 3
    • Work done absolutely by juniors leveraging their firms’ ppt databases. More experienced are focused on winning business. They will join meetings and provide feedback, but absolutely do more junior consultants carry the weight.
      Feb 23
    • Speedway / Mgmt
      Hank Hill

      Go to company page Speedway Mgmt

      PRE
      Amazon, JPMorgan Chase & Co., Capital One
      Hank Hill
      TCP and UDP:

      Internet things part of some OSI layer with a number less than or equal to 7, one of them retransmits and the other is best effort.

      --Staff SecEng transitioned to management and that's most of what I can tell you without Google. Enough to dazzle an interviewer who is either more senior and less technical or equally senior and equally bullshitty as myself.
      Mar 3