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by SJC_Hacker 403 days ago
I don't care if you went to Ivy League and graduated at the top of your class, I really don't get WTF someone whose life experience has been almost exclusively in school really knows running about business.

Get at least a few years work experience and call me. Or alternatively, start your own dang business if you are really that smart.

2 comments

The whole business is nonsensical. The point of a consultant is they have a lot of experience in a specific domain, a recent Harvard grad is useless. From what I've heard, tons of their consultants are young people with minimal real industry experience
You pay for one or two people with real experience and 4 reasonably new hires whose job it is to answer questions posed by the senior team and to build documentation.

You want the senior people focusing on the problems, strategy, and comms and not data aggregation and power point formatting.

Half the time it doesn't actually matter who the consultant is, the business is just looking for an arbiter to provide a second opinion or justify a decision.

>Half the time it doesn't actually matter who the consultant is, the business is just looking for an arbiter to provide a second opinion or justify a decision.

It's much easier to feel good about a decision if you can get some McKinsey people to hold your hand and tell you it will be ok while making it.

How does this not vindicate their viewpoint? Do you really need a team of ivy grads to make power points or inexperienced people to give unqualified answers?

Modern consulting seems like one of the better deaths inflicted by GenAI. The entire industry is a means to commit corporate espionage legally.

They can do something more useful with that education.

They have a brutal up or out culture. The idea is that the recent grads are grunts who are ground into the dirt. They actively hope that most of them quit and the few who don't get promoted into positions where they do have the experience, or really, one very specific type of experience that consultancy firms select for. Similar setup to Big Law.
The Partner is the consultant. The 'recent grad' is just extra low-cost apprenticeship for the partner. The customer is (ridiculously over-) paying for the Partner's time and tolerating the apprentices that come along for the ride.
> The point of a consultant is they have a lot of experience in a specific domain

This is your mistake. The point of a consultant is to tell the business to do what the business was already planning to do anyway. This way the consultant takes the risk/blame of the decision. It's similar to the classic 'no one was ever fired for buying IBM' "I did what the McKinsey consultant told me" is CYA. The last piece is that since everyone is in on the game, when a decision leads to bad outcomes they don't blame the consultant, but something they could not have foreseen.

This is specifically addressed in the article. At minimum reality seems to be more complicated than this.
It usually is. But simple tropes sell well.
There's a cycle to one's relationship with Mckinsey and the big accounting firms. You start with a lot of attention from the partner, who over time shifts you to more experienced assistants, who over time shift you to new hires. Then you scream at them about the shit quality of their work, and you get the partner's attention again for a year or two.
You don't seem to understand how consulting works.

The person making the recommendations isn't just out of school. They've been at the firm for years, and do have a ton of experience.

The recent grads are there for all of the grunt work -- collecting massive amounts of data and synthesizing it. You don't need years of business experience for that, but getting into a top college and writing lots of research papers in college is actually the perfect background for that.