The Consultants Peer Group

NOVEMBER 17, 2023

McKinsey, fined nearly $1bn for their involvement with opioid ‘crisis.’ Then more books, The Big Con , When McKinsey Comes to Town , and so forth. Have access to training programs, our Mastering Management Consulting as one example, and become a better consultant – the how you consult. The jokes persisted.

Management 52

Management Consulting Ethics How To 52

Strategic Planning and Management Insights

MARCH 6, 2023

McKinsey & Company discovered that data-driven firms are 23 times more likely to acquire customers , six times more likely to retain them, and 19 times more likely to be profitable than their counterparts without a data-driven culture. Are you having a strategy meeting soon? Get our free 2-Day strategic planning agenda.

Report 98

Report Data Strategy Strategy 98

Rick Conlow

MAY 31, 2023

Our assessment identified a silo mentality throughout the organization and minimal leadership development or training. We addressed the issues with new communication channels, customer service and quality initiatives, on-going quality leadership training for all leaders (executives, too), and team development applications.

Training 99

Training Training Leadership Resources 99

Organizational Talent Consulting

MARCH 4, 2024

Talent Strategy Step #1: Identify the right analytical skill sets After establishing your data-analytics strategy that is tightly aligned with the mission and culture of the ogranization you need to determine the roles and the knowledge, skills and abilities of the talent most critical to meeting the needs. McKinsey Global Institute.

Talent 82

Talent Data Strategy Strategy 82

LSA Global

JULY 15, 2023

3 New Sales Manager Tips for Success for Your First 90-Days We know from our sales management training that being a high performing solution seller often leads to a promotion to sales management. Business sales training , alone, is not enough to move the needle as a newly appointed sales manager. Organizationally, there’s good reason.

Sales 36

Sales Management Training Training 36

Markovitz Consulting

SEPTEMBER 15, 2020

Even McKinsey gets in the banal insight game with the observation that speed is more important than ever in the post-COVID-19 era. And with or without Zoom meetings, leaders will still have to communicate, execute on their plans, and unleash the creativity and intelligence of their employees.

Leadership 124

Leadership Airlines Agile McKinsey 124

CaseInterview.com

MARCH 31, 2022

I found it fascinating to hear how my female colleagues at McKinsey dealt with working in male-dominated industries, such as oil and gas or industrial manufacturing. This was a common problem among women who were first-year consultants at McKinsey. Of the last five years on the job, how many did you meet or exceed quota?” “Of

Interviews 124

Interviews McKinsey Meeting Policies 124

LSA Global

NOVEMBER 19, 2022

According to research by Forbes and McKinsey: 58% of new people managers said they did not attend any management training programs prior to taking on the new role. 98% of new people managers feel they would benefit from new manager training. Then invest the time and resources to train, coach, and reinforce them.

Management 36

Management Training Training McKinsey 36

Effective Managers

MARCH 23, 2021

McKinsey and Company agreed to pay a US$573 million settlement for its role in the American opioid crisis. For almost a century McKinsey has been a leader in helping their clients be more successful. The Economist reported that the McKinsey moral compass has gone haywire most likely because of “the lure of lucre”. Of course not.

Ethics 52

Ethics McKinsey Banking Sales 52

LSA Global

MARCH 10, 2020

And despite spending almost $360 billion (yes, with a “b”) globally on corporate training, most learning and development functions struggle to change on-the-job behavior and performance. Only 12% of learners apply the skills from corporate training back on-the-job. Where’s the Training Disconnect? Too Content-Rich. Too Generic.

Development 41

Development Training Training Interviews 41

LSA Global

APRIL 15, 2024

Agree Upon Your Big Bets to Meet Sales Growth Targets Now is the time to agree upon the two or three big bets that you and the sales team are going to make in order to hit your growth targets. Research by McKinsey found that more than 5 initiatives or new projects increased the risk of delay and value leakage.

Sales 36

Sales Strategy Strategy Strategy& 36

LSA Global

OCTOBER 23, 2023

The Size of the Impact McKinsey reports that when it’s done right, successful leadership transitions correlate to 90% of the new leader’s teams meeting performance goals over three years. Take Action This stage is where the rubber meets the road, and it requires persistence and careful tracking. What’s Going Wrong?

Leadership 36

Leadership McKinsey Metrics Training 36

LSA Global

JUNE 20, 2023

With 85% of new managers receiving no formal new manager training prior to taking on their new leadership role, we are not surprised that new managers aren’t performing as well as those who promoted them had hoped. Generic training is not enough to change behavior and performance. But beware.

Management 36

Management Training Training Report 36

CaseInterview.com

AUGUST 12, 2019

Student Question: I would like to thank you for all the material on your website, it helped me a lot as I followed your main advice: Train, Train and Train again! My first real case (all my trainings were with friends) was at Roland Berger. Thanks in advance for your answer!

Interviews 40

Interviews Case Interview McKinsey Training 40

CaseInterview.com

SEPTEMBER 26, 2019

I just received an offer to join a European McKinsey office as an intern. Without the methods presented in your training videos and other material I doubt that I would have been able to get this offer. My Reply: Congratulations on your McKinsey internship offer! My Reply: Congratulations on your McKinsey Offer.

Case Interview 40

Case Interview McKinsey Interviews Bain 40

LSA Global

JANUARY 23, 2021

But, Manager Performance is Not Meeting Expectations According to McKinsey and the Corporate Executive Board, executives are not happy with the performance of their frontline managers and new managers are not being set up to succeed. 85% of new people supervisors receive no training prior to switching into the role of manager.

Development 36

Development Handbook Management Training 36

LSA Global

AUGUST 19, 2023

A recent study by McKinsey reports that almost three-quarters of executives reported that bad decisions were made as often as good ones. Meet with your team to establish a decision making process for the various types of decisions you anticipate. Invest in decision making training to get everyone on the same page.

Company 36

Company Guidelines Culture McKinsey 36

Tom Spencer

MAY 22, 2016

AOB: Stands for “any other business” and might be used in a meeting agenda to block out time for miscellaneous discussion. Big 3: McKinsey, Bain and BCG. Hard stop: A stated time after which the person will no longer be available to continue the meeting/discussion. MBB: McKinsey, Bain and BCG. Buckets: Categories.

Consulting 68

Consulting McKinsey Bain B2C 68

Organizational Talent Consulting

JANUARY 2, 2023

If you believe that training is expensive, it is because you do not know what ignorance costs." 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. IBM (2014) The value of training IBM Corporation.

Leadership 52

Leadership Study McKinsey Development 52

Management Consulted

DECEMBER 16, 2008

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. At the Big 3 (Bain, Boston Consulting Group, McKinsey), you can expect travel 50-75% of the time. Relationship with coworkers, managers, and firm.

Banking 272

Banking Boston Consulting Group Consulting Management 272

Management Consulted

SEPTEMBER 10, 2013

If you don’t live in the Bay Area, don’t whine – our attendees in NY flew in from Atlanta, Ohio, and London and took the train at 6AM from other spots to meet us. Finally, invite us to come present a private 8-hour Consulting Bootcamp (focused on fit and case interviews) – we would be honored to meet with you.

Case Interview 114

Case Interview Cover Letters Interviews Deloitte 114

LSA Global

DECEMBER 21, 2020

Leadership and Management Development Matters According to recent research by McKinsey and the Corporate Executive Board, more than 500 executives ranked leadership development among the top three human capital priorities, and two thirds of leaders rated developing effective leaders as their top concern.

Development 46

Development Leadership Management Training 46

Progressus

OCTOBER 27, 2023

Client Trends and Factors Disrupting the Professional Services Industry For professional services firms, it’s getting harder to meet client expectations and win new business – even though demand remains strong as clients rely more on experts to help them navigate their post-COVID comeback. Interested in learning more?

Industry 52

Industry SMB Software Talent 52

Management Consulted

DECEMBER 27, 2008

Thanks to Marquis first and foremost, who is both a fellow Stanford grad and fellow ex-McKinsey consultant. After 2+ years at McKinsey, it was time to move on. I went into my McKinsey tenure with the mindset that entrepreneurship would come after my time at the firm. Check out his blog here.

Cover Letters 100

Cover Letters Resumes Case Interview Case Study 100

Management Consulted

APRIL 20, 2016

But more than just teamwork, Kellogg also knows how to train you up in problem-solving skills. 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. Kearney, 7 at Strategy&, and 3 each at EY and PwC.

Consulting 100

Consulting Management Deloitte Bain 100

CaseInterview.com

NOVEMBER 6, 2019

Email: I am a regular reader of your emails discussing ways in which to succeed at case interviews and can without doubt say that they assisted me in getting an offer for an associate position with McKinsey in Johannesburg. Basically, am I a hard *ss? Inquiring minds (or mind) wants to know. Let me know. while taking the lead a bit.

Case Interview 40

Case Interview Interviews McKinsey Bain 40

CaseInterview.com

OCTOBER 30, 2019

I really enjoyed meeting the consultants, but ultimately feel BCG is a better fit. In my three years at McKinsey, I worked on close to a dozen such issues. The experience in consulting is more akin to CEO-in-training-type experiences. Here are some examples of jobs and roles my friends took after 2 - 3 years at McKinsey.

Oliver Wyman 40

Oliver Wyman Consulting Case Interview McKinsey 40

Tom Spencer

FEBRUARY 1, 2015

AOB: Stands for “any other business” and might be used in a meeting agenda to block out time for miscellaneous discussion. “At Big 3: McKinsey, Bain and BCG. Hard stop: A stated time after which the person will no longer be available to continue the meeting/discussion. MBB: McKinsey, Bain and BCG. Consulting Jargon 101.

Consulting 60

Consulting McKinsey Bain B2C 60

Management Consulted

DECEMBER 7, 2014

Many that serve clients with strategy come from organizations (like Bain or McKinsey) that offer excellent toolkit and skills training pre-Bridgespan; the training at Bridgespan is there, but not as thorough. Group Consulting. Leadership Program: Leading for Impact. Nonprofit Job Board. Internships. Exit Opportunities.

Interviews 150

Interviews Culture Bain Consulting 150

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. This was a more traditional analyst training program located in Merrill’s Portland, OR office.

Consulting 204

Consulting Interviews Recruiting Recruitment 204

Organizational Talent Consulting

MARCH 20, 2023

A recent McKinsey global survey makes this truth glaringly obvious. You can use the following questions in a one-to-one meeting or as an anonymous pulse survey with a team. Calling yourself a leader is easy. Researchers found that most leaders believe their workplace is psychologically safe.

Leadership 59

Leadership ROI Survey Hotels 59

Harvard Business

FEBRUARY 20, 2018

But to meet this demand and address income inequality, we have to provide better access to technical learning for those who work in lower-paying industries. Supplementing K-12 with vocational training programs. By 2020, 65% of all jobs will require some college training. At current graduation rates, the U.S.

Company 28

Company Training Training Education 28

Management Consulted

NOVEMBER 3, 2013

We had an awesome presentation to a full room of ~80 students at King’s College London – and sadly, we forgot to take any pictures of the event (just caught the train ride in). While back in London, we had the pleasure of meeting with a current client for a case interview at St. We’ll blame it on jet lag.

Case Interview 100

Case Interview Consulting Interviews Groups 100

CaseInterview.com

MARCH 16, 2020

When I’m not teaching about case interviews and working with clients, I volunteer and train as an emergency medical responder. I’m trained for urban search and rescue, wilderness search and rescue, emergency medical response, basic life support, and mass casualty events.] I was supposed to be on a plane with 150 other passengers.

Analysis 144

Analysis Case Interview Interviews System 144

Management Consulted

JUNE 12, 2016

In contrast to the MBB firms, you’ll be working with Fortune 1000 companies, whereas McKinsey, Bain and BCG generally work more with Fortune 100 and 500 firms. Once hired, Parthenon-EY places an emphasis on quickly getting you in to the training program and then on to projects. Looking to chart the next steps of your career?

Interviews 100

Interviews Culture Case Interview Bain 100

CaseInterview.com

NOVEMBER 6, 2019

Thanks to them, I got job offers from McKinsey and BCG in (Middle East Country) to start as a business analyst. Thus, I was wondering if you can compare Mckinsey and BCG in terms of: Sponsoring more percentage of analysts for MBA? I can't think of a single project I did at McKinsey that was off a framework. In the U.S.,

McKinsey 40

McKinsey Case Interview Policies Interviews 40

Management Consulted

MAY 22, 2016

Intern pay and training at Archstone Consulting are on par with other consulting firms, and prior interns have found it a good foot in the door for landing permanent positions. As with most small firms, Archstone makes an investment in hiring and training interns – if you’re good, they would love for you to stick around!

Interviews 100

Interviews Culture Consulting Case Interview 100