AI's next victim: Mgmt Consulting - McKinsey offering staff 9 months full pay to leave

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I don't see how management can see any real value.

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It’s an expensive insurance policy in case shite goes south. Their value is almost exclusively in being able to be blamed if needed.

Also, this is probably less AI and more them being bloated with a bunch of worthless people because they blew up during all that cheap capital time with companies growing, m&a etc on fire. They probably took a huge hit and are just finally right sizing.

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It’s an expensive insurance policy

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I didn't do divestitures, but yes. I walked into more than half of my engagements, and the customer already knew what I was going to find (InfoSec/IT) but they needed us to write it up because nobody was paying attention internally.

AI is still bullshite. Is AI going to actually read a SOC2 cover to cover like I will? Nope. I know (insert Big 4 firm here) doesn't, but I do. Are the PaaS services in scope of the SOC2? Ignore that question, it's a SOC2 to CorporationX. It's fine, I'm sure, don't worry about scope. People don't read that stuff, let alone AI being asked a poorly formed question about unverified data (I consider CPA certified data like SOC1, SOC2, etc as unverified, since almost everyone was an accounting undergrad that got 20 minutes of training as to what a subnet is.)

The two Bobs aren’t going to like this.

Their employees really are the best of the best. The ones that come from top 5 MBAs are all 34-36 ACTers, 730+ GMAT, Ivy League, many already founded and sold $2 mil+ tech or bio startups in their 20s. I made 2 different years final round interviews to be an associate consultant with McKinsey out of an MBA. My classmates who did get offers were all just super sharp. There are 3 rounds (which to land interview you have to network with 15+ people in first place). Final round is a 4 hour interview, separated into 4 individual 1 hour interviews where you do 4 full different cases with a different person each time on something you've never seen before and expected to solve a full company problem in 40 minutes, first 20 minutes is behavioral. The detail and more importantly accuracy (in interviewer's mind) they expect you to go into is something that maybe 0.01% of people are capable of. I could elaborate more, but if you're not absolute pinpoint accurate exactly how the interviewer thinks the case should be solved, then you're cut. Even if just 1 of 4 thinks it.

The problem in my opinion lies in that they don't have specialization. Someone with a 700 on the GMAT whose been in an industry for 8 years will know how to tackle a problem better than someone with a 760 on the GMAT who was just introduced to the industry yesterday. I think companies should just use internal teams to figure out an issue to a problem than giving 5 McKinsey consultants over a million dollars who have never maybe even heard of that company before, 4 weeks to solve a problem. Plus their job kinda sucks in that they are at the disposal of the client working 60-70 hour weeks and are in a hotel 4 days a week, at home 3 days a week.

Hunter Biden is a Yale law alum.

Kentaji brown Jackson is ivy alum.

Sorry, not fricking impressed.

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Saunson69

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Is our new idiot troll.
Do not engage/

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Sounds salty to me

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You pretty much just listed all the things that you can’t do. I’m guessing hand to hand combat is your specialty, right?

Fix my latte, Einstein

Did you go to A&M? Sounds like you've sucked off a lot of Ivy grads

I’m on their mailing list and for the last 2 years all of the “big insights” have been about DEI and ESG.

I can assure you, most of the managers of business don’t have either of these at the top of the list to understand and build a strategy around.

They made themselves irrelevant.