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2/11/2016

BainandMcKinseyImplementation?:consulting

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BainandMcKinsey
Implementation? (self.consulting)

12

submitted5monthsagobythrowaway873921

Iwasrecentlyapproachedby
BainandCompanyforan
Implementationtypeconsulting
role.Doesanyoneknowmore
aboutthisposition?Ican'tseem
tofindmuchaboutitontheBain
website.Also,Isawthat
McKinseydoeshaveitmore
explicitontheirsite.Anyonehere
fromthosedepartments?Seems
likeanewerareaforthese
strategyplaces.
34comments

thispostwassubmittedon29Aug2015

12points(94%upvoted)
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[] limitz 9points5monthsago

Interesting.LookslikeMBBwantstogetinto
Big4territory.
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[] Knecht_Ruprecht Big4 13points5monthsago

Ikepthearingfromconsultantsthatthe
workMBBdoesisgraduallyshiftingtowards
implementation/operationsandthat'pure
strategywork'isjustsomethingtolurenew
hires.Sotheremightbesometruthtoit!
parent

[] anonypanda ManagementConsultant,FS 9points


5monthsago

It'snotajoke.Thetraditionalstrategy
markethasbeenshrinkingfordecades.
It'swellbelowhalf(lastIheard,<30%)
ofMck'srevenue,forexample.
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2/11/2016

BainandMcKinseyImplementation?:consulting

[] darkhelmet953 6points5monthsago

veryverytrue.Funnythingisthat
peoplehavebeenknockingon
pwc/acnetcforhavinglotsof
implementationworkandbeingless
prestigiouswheninrealitythatisthe
futureoftheindustry.
lotsoftheprojectsthatiseeacnwin
overmbbarebecausetheyhavea
betterimplementationpractice
permalink

parent

[] stuckinhyperdrive 2points5months
ago

Cheaperpricetagdoesn'thurt
either
permalink

Rule4.Beaprofessionalandbeconstructive/
Don'tbeanassholeanddon'tbeabusive.
Flair
Feelfreetoedityourflairtoreflecttheindustry
youconsultinorprogramyou'restudying!
...NowonSlackChat!
Tosignup,submityouremailhere.Thenhead
overtoredditconsulting.slack.com.
SponsoredLinks
/r/Business
/r/Technology
/r/SAP
/r/finance
/r/Accounting
/r/MBA
Pleasenoheadhunterjobpostings
createdbyanewton

acommunityfor6years

parent

[] lamarcus 1point5monthsago

doyouknowhowmuchrates
varybetweenfirms?oristhat
informationonline
somewhere?
permalink

parent

[] QiuYiDio FrequentFlyer 2
points5monthsago

RatecardsareHIGHLY
guardedsecrets.Youmay
findvaguenumbers,but
therealityisthatitwill
discussthisadonreddit
differfromclienttoclient
basedonthesamekinds MODERATORS
messagethemoderators
ofvariablesyoumightsee CuseTown SAPConsultant
ifyouwerenegotiating
stega_megasaurus SAPConsultant
dennisplucinik
anylargedeal.
permalink

parent

[] darkhelmet953 1point5
monthsago

anonypanda ManagementConsultant,FS
QiuYiDio FrequentFlyer

aboutmoderationteam

^this,thereisno1

ratethefirmcharges,
itdependsonscopeof
thework,lengthof
project,sizeof
company,etc.etc.
Differencesinprice
betweenfirmsarejust
guessesatbest,
https://www.reddit.com/r/consulting/comments/3iv0sa/bain_and_mckinsey_implementation/

2/7

2/11/2016

BainandMcKinseyImplementation?:consulting

thoughmostofus
assumethereisagap
betweenmbbto
big4/acnonstrategy
workand
implementation
permalink

parent

[] stuckinhyperdrive 1point5monthsago

Can'tsayhowIgotitbutitcanvaryanywherebetween5%toeven
40%.Reallydependsontheengagement.
permalink

parent

[] lamarcus 1point5monthsago

Gotcha.Icouldseea40%pricedifferencebeingthedeciding
factorformany(most?)clients.
permalink

parent

[] QiuYiDio FrequentFlyer 4points5monthsago*

TobealittlemorespecificStrategyrevenuehasnotbeenshrinking
whatsoeveratmyMBB.Strategyrevenueincreasesyearoveryear.Clientswill
alwaysneedStrategywork,andhopefullytheywillcontinuetoengageusfor
that.
Strategyasapercentageofworkhowever,hasindeedbeenshrinking.MyMBB
isataround35%StrategyworkinNorthAmerica.Thereasonisthattheother
practices,likeOperationsandAdvancedAnalyticsaregrowingrapidly.
Inthischangingindustry,MBBispursuingastrategythatitprofferstomanyof
itsclientsexpandintoadjacentcompetencies.ForMBB,thesearethingslike
managinglargescaletransformations,nextlevelanalytics,orexperiencedesign.
There'snowaythatwecould(orwould)gooutandhire10,000peoplewitha
pulsewhocanbootalaptop(asbeer_warrior_ghostwouldputit)totryto
competeonBig4typeimplementation.
permalink

parent

[] Knecht_Ruprecht Big4 2points5monthsago

DoyouthinkMBBwillhavemoresuccesswiththe'new'
strategy&implementationapproachthantheconsultingfirmswhichhavealready
beenofferingit?
permalink

parent

[] anonypanda ManagementConsultant,FS 10points5monthsago

theydon'tcompetethesameway.They'retryingtocapturethehighendof
< > discussionsin/r/consulting
X
thatmarketwhichplaystotheirexistingstrengths.Iftheytriedtocopythe
7points47comments
big4andcompeteonthesametermsthey'dalmostcertainlyfailthey
Howdoyouhandleabullyinconsulting?
wouldn'tevenhavethescaleneededtobidformostwork.
permalink

parent

[] Knecht_Ruprecht Big4 1point5monthsago


https://www.reddit.com/r/consulting/comments/3iv0sa/bain_and_mckinsey_implementation/

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2/11/2016

BainandMcKinseyImplementation?:consulting

SorryI'mstillnewtotheindustry.Whorepresentsthe'highend'ifnot
projectsthatrequireabig4'sscale?Thanksforansweringmyquestions
:)
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parent

[] anonypanda ManagementConsultant,FS 3points5monthsago

Bigchangeprogramswillgenerallyhaveahugenumberofstages
androles./u/QiuYiDioactuallysummarizestheMBB"implemetation"
modelverywell.By"highend"Imeanthehighmarginactivitiesof
largetransformationprograms,sotheprogramleadership,
managementetc.Notthehighfees/lowmarginworkofactual
solutiondevelopment.
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parent

[] QiuYiDio FrequentFlyer 2points5monthsago

Dependsonyourrole.AtmyMBB,asastandardGeneralistConsultant(i.e.,post
MBA)around40%ofyourworkisstillinStrategy.Obviouslythosewehireinfor
Implementationwillspend100%oftheirtimedoingImplementationtypeprojects.
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parent

[] QiuYiDio FrequentFlyer 9points5monthsago*

AllMBBsnowhave"implementation"thoughitismarkedlydifferentfromtheBig4version.
Essentially,theyarerecruitingrelativelytenuredfolksfromoperatingpositionsinindustry
toimplementthestrategiesthattheManagementConsultantshavedevised.We'retalking
ateamof24peoplewhositonsteeringcommitteesandmanagetheprocessnotwhen
liketheimplementationarmsofAccentureorDeloittebringinaliteralarmytohashout
theprocessflows,requirements,etc.Sometimes,aMBBImplementationConsultantmay
evenbetemporarilyassignedtoaboardposition(obviouslythesearethemosttenured
folks).MCgenerallyworkswiththeImplementationteamstowardtheendofthe
engagementsothehandoffscanbeseamless.
There'sbeenafewreasonsforthisinitiative:
1)clientswantustostayontheeraofConsultantsjustdroppingstrategydecksand
flyingoutarewayover.Companiesdowanttomakesurethattheplansareexecutedto
thepromisedresults.Implementationisawaytokeepusaccountable.
2)businessopportunitythere'splentyofmoneytobemadehere.Notonlyinjust
extendingtheengagement,butalsohavinganeartothegroundthatcanidentifynew
opportunities.
C)defensivestrategyBig4andothersaretryingtoencroachonourbreadandbutterso
we'lldothesametokeepthemontheirtoesandoften,insertatapositionofhigher
control
AsIunderstandit,payis1015%lessthanthecorrespondingconsultingpositionbutthe
jobismuchmorestable(912monthengagements)andthehoursareinfinitelybetter(9a
6p).
Hopefullythisjiveswithwhatyouhavebeenhearing.
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BainandMcKinseyImplementation?:consulting

[] throwaway873921 [S]2points5monthsago

Hahindeed.You'reliterallyusingsomeofthesamelanguageastherecruiterIspoke
to.ArepeopleinImplementationatyourfirmhappy?
Andyes,Iamanexperiencedprofessional8yearsinpharmaops.Bainsolditasan
opportunitytoheadchangemanagementprogramstoturnaroundfailingcompanies.
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parent

[] QiuYiDio FrequentFlyer 2points5monthsago*

Itdependsonwhatyouwant.Thepay/prestigeandhours/predictabilitytradeoff
isonethatyouwillhavetodecideonforyourself.I'veneverbeeninindustry,butI
imaginethepaywouldbeanupgrade,giventhatyouwouldhavetobe
compensatedfortravel.
IhaveseensomeManagersswitchoverbecauseoflifestylechanges(havingkids,
primarily).Theyseemtobeenjoytheirwork.Ithelpsifyoulikemanagingprojects
thatarelargescale(bothinscopeandtimeframe).
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parent

[] [deleted]1point5monthsago

Ireallydon'tthinkthat'strue.Ihaveafriendatabusinessschoolbetweenranks15
20...andMcKinseyimplementationwasrecruitingthere.Likewise,McKinsey
implementationrecruitedonKellogg'sjobboard.
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parent

[] QiuYiDio FrequentFlyer 1point5monthsago*

IabsolutelybelieveitbutwhenmyMBBdoesthat,theyarelookingforpeoplewho
haveindustryexperience.They'lltakepeoplewith5+yearsataplacelikeGE,
Lockheed,orPfizeroutofMBA.Ontheotherhand,theywon'tpickupless
experiencedpeople,i.e.someonewhojustfinishedtwoyearsasanAnalystata
consultingfirm.
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parent

[] mdphdthr0waway 4points5monthsago

Disclaimer:Iamnotaconsultantandknownothingaboutconsulting.
Couldn'tyou...askthem?
permalink
[] throwaway873921 [S]10points5monthsago

Well,there'sgoingtobeexpressdifferencesbetweenwhatthefirmsaysandwhatthe
truthis.Inyourownfuture,nevertakewhatacompanysaysatfacevalue.
permalink

parent

[] mdphdthr0waway 1points5monthsago

Ofcourse.Ijustthinkitwouldbesmarttostartwiththem.
permalink

parent

[] mattygorgeous ToiletteandDouche 4points5monthsago

Youmeanlike...Havinganinitialcallwitharecruiter...?
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parent

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BainandMcKinseyImplementation?:consulting

[] Brandon432 MBBnoob 1point5monthsago

This?http://bain.com/consultingservices/resultsdelivery/index.aspx
permalink
[] throwaway873921 [S]1point5monthsago

Iactuallydidseethis,thankyou.ButIthoughtitcouldalsobeTransformation.TheHR
ladyneveractuallysaidResultsDeliveryjustImplementationandChange
Managementthewholetime.
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parent

[] ddlbb MBB 1point5monthsago

ResultsdeliveryisnotimplementationatBain
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parent

[] [deleted]1point5monthsago

Payisless,andtheyrecruitfromshittierschools.Theyaretryingtobuildoutastrategyto
executionmodelthatDeloittehasbeenusingtomakeakilling.Ifyoucangetatrue
managementconsultingroleatatier2firm,I'ddefinitelyrecommendtakingthatover
McKinseyImplementation.
permalink
[] mattygorgeous ToiletteandDouche 0points5monthsago

Whodathunk.ThisiswhyeveryonekeepstalkingaboutACN>Bain.
permalink
[] throwaway873921 [S]2points5monthsago

Interesting.Ihavenotheardofthis,butIamfromindustry,sohaven'tbeenpaying
muchattention.Isthisreallysomethingpeoplearechattingabout?
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parent

[] minhthemaster There'sgoodmoneytobemadeinprolongingtheproblem 0points5monthsago

No.WillneverhappenunlessBaingoesthewayofmonitorandstartsshutteringa
bunchofoffices
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parent

[] mattygorgeous ToiletteandDouche 0points5monthsago

Whynot?Boozgotacquired.They'rejustalittlesmallerthanBain.
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parent

[] ddlbb MBB 1point5monthsago

Bainisgrown~12%yearoveryearwithagrowingbrand..whywouldthey
gothewayofBooz?Theserumoursaregettingprettysilly.
permalink

parent

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