11 Notes on McKinsey

A former McKinsey employee has described the company as “capital’s willing executioners”: if you want something done but don’t want to get your hands dirty, McKinsey will do it for you. That escape from accountability is one of the most valuable services that management consultancies provide. Bosses have certain goals, but don’t want to be blamed f

hiring needs would expand to include a major role for less skilled professionals and more paraprofessionals, since the increased structuring of familiar engagement types would allow the firm to employ an increasing degree of…

Some highlights have been hidden or truncated due to export limits.

Because of a greater requirement for team approaches in delivering services, the need to disseminate internally and organize the firm’s collective experience and knowledge, professionals in the firm would become more interdependent and there would be a greater…

Some highlights have been hidden or truncated due to export limits.

The market for the firm’s services will determine the fees it can command for a given project; its costs will be determined by the firm’s abilities to deliver the service with a cost-effective mix of junior, manager, and senior time. If the firm can find a way to deliver its services with a higher proportion of juniors

The market for the firm’s services will determine the fees it can command for a given project; its costs will be determined by the firm’s abilities to deliver the service with a cost-effective mix of junior, manager, and senior time. If the firm can find a way to deliver its services with a higher proportion of juniors

Indie consultants naturally fit in where the capability gap is either small enough and oddly-shaped enough to be filled by a few individually contracted people, or where the gap is large, but can be filled by a fairly generic type of labor without the help of a labor-aggregating counterparty. The four response regimes of consulting