Dreaming of MBB (Mckinsey, BCG & Bain)? There's more to consulting than the big names. This video explores MBB's downsides and reveals why boutiques offer a compelling alternative – we talk culture, generalisation, and a work/life balance, to name a few😉. Essential viewing for consulting hopefuls!
⏱️Chapters
00:00 - Intro
01:08 - Pros of MBB
04:34 - The Cons of MBB - Scandals
07:17 - Up or Out
09:08 - Constant Pressure
11:40 - The Case For Boutiques
13:25 - Firm Structure
15:02 - Client Focus
15:52 - Work/Life Balance
17:30 - Brand Recognition
18:32 - My Opinion
Graphic design by the talented @evedbdesign - / evedbdesign
🔗 Links
- Consulting Work/Life Balance - https://www.consultancy.uk/career/work-life-balance
- Consulting on the Cusp of Disruption - https://hbr.org/2013/10/consulting-on-the-cusp-of-disruption
- A Pivot Towards Boutique Consulting Firms - https://www.talentresponse.com/single-post/2016/04/27/a-pivot-towards-boutique-consulting-firms
- Consulting Firms Comparison - https://mconsultingMBB (Big Three) Consulting Firms Comparison | MConsultingPrepprep.com/mbb-consulting-firms-mckinsey-bcg-bain
- Things they look for in Consultants - https://managementconsulted.com/mckinsey-bain-and-bcg-3-things-they-look-for-in-consultants/
- Regional Attrition Tenure - https://www.consultingpoint.com/market-information/2021/3/29/regional-attrition-and-tenure
- Whats the Mckinsey Turnover like for Clients & Employees -https://www.preplounge.com/en/consulting-forum/whats-the-mckinsey-turnover-like-for-clients-and-employees-5218
- Consultant Retention Crisis - https://www.hrdive.com/news/consultant-retention-crisis/700972/
- Why High Talent Turnover is the Greatest Threat to you Consulting Firm - https://www.accelo.com/resources/blog/why-high-talent-turnover-is-the-greatest-threat-to-your-consulting-firm-and-what-you-can-do-about-it/
- Stay at Big 4 or jump to a Boutique - https://www.wallstreetoasis.com/forum/consulting/stay-at-big-4-or-jump-to-boutique
- The Benefits of Working with a Boutique Consulting Firm - https://www.konakaicorp.com/the-benefits-of-working-with-a-boutique-consulting-firm
- Boutique Consulting Firms - https://www.myconsultingoffer.org/list-top-management-firms/boutique-consulting-firms/
- Comparing Large vs Small Consulting Firms - https://www.rebeccaxliu.com/journal/comparing-large-vs-small-boutique-consulting-firms
- Boutique Consulting Firms - https://www.preplounge.com/en/articles/boutique-consulting-firms
- John Oliver on Mckinsey - https://www.youtube.com/watch?v=AiOUojVd6xQ
- How McKinsey Helped the Trump Administration Carry Out Its Immigration Policies -
https://www.nytimes.com/2019/12/03/us/mckinsey-ICE-immigration.html?smid=url-share
- Mckinsey Opiods Settlements - https://www.nytimes.com/2021/02/03/business/mckinsey-opioids-settlement.html
- Bain & Co Barred From Uk Government Contracts - https://www.theguardian.com/business/2022/aug/03/bain-and-co-barred-from-uk-government-contracts-over-grave-misconduct-in-south-africa
- MBB Prestige - https://mconsultingprep.com/mbb-prestige
- The Many Times McKinsey has been Embroiled in Scandals -
https://www.trtworld.com/magazine/the-many-times-mckinsey-has-been-embroiled-in-scandals-43996
- BCG - Cosy Relations -
https://www.theguardian.com/australia-news/2023/sep/26/boston-consulting-group-accused-in-senate-inquiry-of-securing-contract-extension-through-cosy-relations-with-officials
- Up or Out Policy at MBB - https://casecoach.com/b/up-or-out-policy-mckinsey-bcg-or-bain/
- McKinsey piles Up or Out Pressure - https://www.bloomberg.com/news/articles/2024-03-27/mckinsey-piles-up-or-out-pressure-on-some-us-consultants?embedded-checkout=true
- Pulp Fiction Clip - https://www.youtube.com/watch?v=qY2Vx8-yOsQ
- Best Boutique Management Consulting Firm to Work from in The UK - https://www.consultancy.uk/news/17379/the-best-boutique-management-consulting-firms-to-work-for-in-the-uk
- SN1 Consulting - Boutique Consultancy Example - https://sn1-consulting.com/
- Elevenlabs - for the AI Voices - https://elevenlabs.io/
- Print T Shirt Design Shop - https://www.tshirtstudio.com/t-shirt-printing/design-your-own-t-shirt
- Highbury Comms - Boutique Consultancy Example - https://highburycomms.com/#:~:text=Highbury%20Communications%20is%20a%20boutique,%2Dups%2C%20and%20global%20businesses.
- MBB 10 Most Distinguised Alumni - https://www.morganmckinley.com/au/article/mckinsey-bcg-and-bain-s-top-10-most-distinguished-alumni
- Best Consulting Firms for Prestige - https://vault.com/best-companies-to-work-for/consulting/best-consulting-firms-prestige
- Sundar Pichai Clip - https://www.youtube.com/watch?v=ixRanV-rdAQ
- Apocalypse Now Clip - https://www.youtube.com/watch?v=1RHo_ZG-YGo
- How I Broke into MBB from a Non-Target School - https://ajpandawrites.medium.com/how-i-broke-into-mbb-from-a-non-target-school-52148027f958
#consultant #consulting #corporate #consultinglife #careerchoices #realtalk