The Consultants Peer Group

SEPTEMBER 12, 2023

First, Confessions of a Whistleblower by Garrison Lovely highlighted several cultural problems at the consulting firm, McKinsey. Lovely has since left McKinsey. Lovely writes openly his experiences working in the $15 Billion annual revenue (2022) firm and recommends an approach to more accountability, especially in government arenas.

Ethics 98

Ethics Consulting McKinsey Government 98

The Consultants Peer Group

FEBRUARY 13, 2024

This morning, I read The New Republic article (dated February 13, 2024) entitled, “ The American Consulting Firms That Live in Fear of Their Murderous Clients ” * and to which was added a subhead, “What keeps companies like McKinsey in the business of whitewashing the regimes of bloodthirsty dictators? After all, both McKinsey & Co.

Ethics 52

Ethics Boston Consulting Group McKinsey Government 52

Harmonious Workplaces

JANUARY 25, 2024

Merging insights from leading consulting firm McKinsey, academic journals, and contemporary cultural references like Ted Lasso , this blog explores the multifaceted nature of leadership to which many, if not most, organizations may wish to aspire. McKinsey & Company. billion workers” (Allas & Schaninger, 2020). 6 (8) Gallup.

McKinsey 98

McKinsey Sports Ethics Leadership 98

The Consultants Peer Group

SEPTEMBER 28, 2023

In the previous blog, Adherence to an Enforceable Code of Ethics , I presented that adherence of an enforceable Code of Ethics would be a major part of this market differentiation. Yikes, how the mighty have lost their NorthStar. Once again, the high cost of inappropriate behavior rears its ugly, and expensive, head.

Ethics 52

Ethics Consulting McKinsey Methodologies 52

The Consultants Peer Group

FEBRUARY 23, 2023

Marvin Bower and James McKinsey, McKinsey & Co. Finally, Insider wrote about McKinsey cutting 2,000 jobs. Would many of these examples have been prevented if the management consultants and/or their firm had subscribed to an enforceable Code of Ethics? Oh my, indeed. Ponder the effect (repeat).

Consulting 52

Consulting Ethics Boston Consulting Group Healthcare 52

The Consultants Peer Group

NOVEMBER 17, 2023

Yesterday I was a presenter on a national Zoom ‘webinar’ on the ‘High Cost of Ethics Lapses’ in the management consulting profession. McKinsey, fined nearly $1bn for their involvement with opioid ‘crisis.’ Then more books, The Big Con , When McKinsey Comes to Town , and so forth. The jokes persisted. How about you?

Management 52

Management Consulting Ethics How To 52

The Consultants Peer Group

OCTOBER 29, 2023

In this series I have outlined not only these very public ethics lapses but also present five ways you, as a management consulting professional, can distance, or differentiate, you and your practice from others who are not so inclined. Do you adhere to a Code of Ethics, a Consulting Competence Framework, and a Code of Conduct.

Ethics 52

Ethics Consulting Training Training 52

CaseInterview.com

OCTOBER 30, 2019

My Reply: There is no right answer for everyone and depends on your personal sense of ethics. But , there will be one person out there in the world who considers you at worst dishonest, at best lacking ethics. Looking forward to hearing from you! If at all possible, try to avoid rescinding an acceptance on an offer.

Ethics 40

Ethics Case Interview Consulting Interviews 40

The Consultants Peer Group

OCTOBER 5, 2023

The new Code of Conduct is over and above the Code of Ethics and is not meant to subsume or replace it, rather to be in addition to the Code of Ethics. If you were to simply refer to the second blog you will likely see how these very public instances were caused by misplaced ethics and/or poor conduct behaviors. legality 1.4

Intellectual Property 52

Intellectual Property Consulting Ethics Advertising 52

CaseInterview.com

DECEMBER 3, 2019

If you have the raw talent and work ethic but are simply inexperienced, that’s very different than if you are experienced (in terms of years worked), but just can’t seem to do a good job. Do you have the right work ethic? Work ethic is not strictly a personality trait. Are you motivated? It is also situationally dependent.

Case Interview 45

Case Interview McKinsey Ethics Industry 45

Organizational Talent Consulting

JANUARY 2, 2023

According to a study by McKinsey & Company, it is projected that by 2030, the time spent during a workweek on information technology and programming tasks will increase the most. Leaders that can display idealized influence tend to possess a high degree of moral behavior, virtues, character, and work ethic. Acemoglu, D., &

Leadership 52

Leadership Study McKinsey Development 52

IMC USA

MAY 22, 2012

The Changing Nature of Business in Society— Lenny Mendonca, McKinsey and Company. Ethics, Risk and Compliance — Juan Pujol and Paul Martino. . Ethics, Risk and Compliance — Juan Pujol and Paul Martino. . · Building Trusted Advisor Relationships— Charles Green, Co-author with David Maister of "The Trusted Advisor”. Take a look!

Conference 100

Conference Hotels Ethics McKinsey 100

Epicflow

JULY 12, 2022

McKinsey consultancy suggests that the data-driven enterprise of 2025 will be characterized by certain processes [2]. Data privacy, ethics, and security will be treated as areas of required competency. McKinsey. . Here are the most significant transformations. . Embedding data in every decision, interaction, and process. .

Data 96

Data Analysis Efficiency Survey 96

Management Consulted

APRIL 20, 2016

The Class of 2015 had a full 35% of its graduates accept offers in the consulting field, and Kellogg has become a hot recruiting spot across top firms – but especially for McKinsey. In fact, McKinsey has hired over 215 Kellogg graduates over the last 5 years, including 34 from this most recent class. 2015 class size: 826.

Consulting 100

Consulting Management Deloitte Bain 100

Organizational Talent Consulting

APRIL 10, 2023

There is a growing interest and concern with ethics associated with AI models. A recent global survey revealed that only 35% of respondents in the US agree that products and services using AI have more benefits than drawbacks. Also, there are fears that job automation will worsen job loss and income inequality. Chui, E, Roberts, R.,

Engineering 77

Engineering Meeting Talent Video 77

Management Consulted

JULY 2, 2017

” In fact, 2 of the MBB (McKinsey, Bain and BCG) elite firms, Bain and BCG, have their headquarters in Boston, MA. McKinsey : McKinsey, usually the big brother to all other consulting firms in other environments, has a long history but a small presence in Boston. In the Boston office, they are only ~100 employees.

Oliver Wyman 72

Oliver Wyman Mercer Consulting Deloitte 72

Management Consulted

MARCH 12, 2017

They generally don’t have the quant or analytical chops needed to succeed in consulting, but have the drive and work ethic to quickly become competent in these areas. Out of MBB, McKinsey by far hires the most lawyers – not only are they the largest top firm, but also have the best and biggest global training program.

Consulting 133

Consulting Management How To Cover Letters 133

IMC USA

JULY 27, 2012

We are excited not only about the great lineup of speakers, but also the venue. Click here to watch a video of the hotel.)

Hotels 100

Hotels Conference Ethics McKinsey 100

CaseInterview.com

NOVEMBER 26, 2019

But , the decision to choose your own level of determination and work ethic IS within your control. If you found this post useful, I suggest becoming a registered member (it's free) to get access to the materials I used to pass 60 out of 61 case interviews , land 7 job offers, and end up working at McKinsey.

Case Interview 66

Case Interview Interviews Recruiting Recruitment 66

LSA Global

NOVEMBER 19, 2018

At Accenture and McKinsey the motto is “up or out.” There are downsides to hyper-competitive cultures associated with negative workplace stresses, ethical breaches in ethics, and increased risks. The Benefits of a Competitive Workplace Culture. You either continue to perform and advance or it is time to go.

Culture 39

Culture Ethics Accenture McKinsey 39

Management Consulted

AUGUST 10, 2014

First, you can give them a few reasons – 3 reasons why you want to work for McKinsey, or 4 reasons why Deloitte is your first-choice firm. The story might sound like this: “I used to think investment banking was for me…and then I met this guy from McKinsey.” You have 2 ways to handle this kind of question.

Interviews 215

Interviews Case Interview Consulting Industry 215

CaseInterview.com

OCTOBER 30, 2019

Preparation: - LOMS and McKinsey's Problem Solving Test for the case studies (four weeks). I t has occurred to me that some might misinterpret that work ethic as more than it is. Email: My success is really your success at case preparation. Here's how I prepared and what worked well for me.

Case Interview 45

Case Interview Interviews Recruiting Recruitment 45

Management Consulted

AUGUST 1, 2013

Additionally, a lack of an advanced degree would not knock you off that path (like it would at McKinsey, BCG or Bain). The firm is an excellent launch pad for individuals with an excellent work ethic and aspirations of rapid career growth. Oliver Wyman employees are known for their passion, work ethic, and solid team efforts.

Oliver Wyman 201

Oliver Wyman Interviews Mercer NERA Economic Consulting 201

Management Consulted

MARCH 18, 2015

When competing against other more general firms like Accenture, Deloitte and even McKinsey, the expertise brought by the firm helps them win key projects. Office Locations . IMS Consulting Group has over 19 offices in 12 countries. If you are looking beyond the pharma industry and want to make lots of money, this is not the place for you.

Groups 100

Groups Interviews Culture Consulting 100

LSA Global

APRIL 19, 2018

In both cases, greed conquered ethics. In fact McKinsey found : Companies in the top quartile for diversity are more likely to have financial returns above their national industry medians. These stunning debacles ruined the reputation of these businesses for years to come and they may never fully recover. What Happened Culturally?

Culture 34

Culture Metrics Ethics Examples 34

Harvard Business

JANUARY 12, 2017

He also talked about his stint at McKinsey & Company, the blue-chip consulting firm, and one subversive takeaway. “The strongest lesson I learned at McKinsey that I now share with every new hire is what they call the ‘obligation to dissent,’” he told the New York Times. ” What a powerful image. .

McKinsey 28

McKinsey Leadership Study Culture 28

Management Consulted

APRIL 20, 2014

I ended up using some of the books off your site’s recommended reading list – The McKinsey Way , How to Get Into the Top Consulting Firms , and I bought the Consulting Interview Bible. I ended up getting my offer last week and I wanted to write and let you know that I couldn’t have done it without your website as a resource.

Consulting 204

Consulting Interviews Recruiting Recruitment 204

Harvard Business

JANUARY 12, 2018

Marketing and sales, manufacturing, recruiting (including people assessment), customer service, and support are all fields that can benefit from artificial intelligence according to McKinsey’s recent research. The reasons for this potential disruption now are many: There is an explosion in the amount of corporate data. ZB by 2020.

Strategy 28

Strategy Strategy Strategy& Consulting 28

CaseInterview.com

AUGUST 23, 2022

Work Ethic — IQ does not predict how hard you work. Grit/Perseverance — As my former McKinsey colleague Angela Duckworth discovered, IQ doesn’t predict your willingness to persist in your work when things are difficult. Even brilliant people don’t learn new skills magically. They still need to work, and that is a choice. out of 4.0)

McKinsey 105

McKinsey Resumes Emotional Intelligence Trends 105

Consultant Ninja

JULY 31, 2009

Management Consultant | Excel Jockey | Slide Monkey | Corporate Insurgent | One-Eyed Man in the Valley of the Blind Mckinsey | Bain | BCG | Booz | Oliver Wyman. As a developed nation, ethically we should find a measure to care for those who are incapable of caring from themselves. skip to main | skip to sidebar. Consultant Ninja.

Consulting 100

Consulting Oliver Wyman Management Insurance 100

Harvard Business

JANUARY 11, 2017

One of the conundrums of ethical decision making is that many moral decisions that are quite straightforward — even easy — to resolve in a classroom or during training exercises seem far more difficult to successfully resolve when confronted during actual day-to-day decision making. You and Your Team Series. Mark Chussil.

Ethics 28

Ethics Training Training Exercises 28

QEmploy

SEPTEMBER 4, 2019

hour) Ethical hacking ($66.33/hour) Highly qualified consultants A report by McKinsey found that knowledge-intensive industries and creative occupations are the biggest and fastest-growing segments of the freelance economy. Ten highest-paying freelance consultant jobs of 2018: Artificial intelligence/ deep learning ($115.06/hour)

Company 11

Company Consulting Agile Talent 11

Rick Conlow

OCTOBER 19, 2023

McKinsey & Company: As a global management consulting firm, McKinsey places a high value on coaching. Ethical Conduct: Adhere to a code of ethics, honesty, humility, and professional standards in coaching. The program focuses on developing coaching skills and incorporating coaching into everyday leadership practices.

Training 86

Training Training Leadership Development 86

Consultant Ninja

JULY 17, 2009

Management Consultant | Excel Jockey | Slide Monkey | Corporate Insurgent | One-Eyed Man in the Valley of the Blind Mckinsey | Bain | BCG | Booz | Oliver Wyman. Good for you for hanging on to your ethics and for not being afraid to admit the emperor has no clothes. skip to main | skip to sidebar. Consultant Ninja. Best of luck to you.

Consulting 100

Consulting Management Oliver Wyman Airlines 100

CaseInterview.com

NOVEMBER 13, 2019

I want to preface all this with mentioning that I first became interested in consulting during my freshman year, when I had heard of a family friend who joined McKinsey. With some more research and discussion with my family, I had learned about McKinsey's incredibly impressive reputation in the business world.

Case Interview 40

Case Interview McKinsey Interviews Bain 40

CaseInterview.com

FEBRUARY 7, 2019

While it sometimes seems that everyone wants to get into the top 3 strategy consulting firms McKinsey, Boston Consulting Group (BCG), and Bain & Company (Bain), also known as MBB , it's worth noting that there are several other top consulting firms that can give a career a real boost. McKinsey is the world leader in consulting prestige.

Oliver Wyman 81

Oliver Wyman Boston Consulting Group Consulting Bain 81

Organizational Talent Consulting

AUGUST 7, 2023

These ethical failures are often not the result of one "bad actor" alone but systemic issues. Leaders displaying idealized influence possess a high degree of moral behavior, virtues, character, and work ethic (Sosik & Jung, 2018). McKinsey Global Institute. Journal of Business Research, 62(7), 673-679. Manyika, J.,

Culture 52

Culture Financial Leadership Deloitte 52