What makes bain company different
In particular, I strongly relate to empathy and teamwork in the workplace. A few questions for you:. I will never forget a conversation that I had, while still at Bain, with one of my senior clients. We need you guys to send your analysis across so that we can finally implement it. In-house consulting team of a bank in Germany is unlikely to suggest solutions that were successfully implemented in a retailer in the UK, even though the same solution may work in both.
A consulting team can. Having said that, I do believe the consulting industry is currently being disrupted and in the value of sourcing talent to remote locations, external advice and cross-industry expertise is not enough to keep the industry in a great shape long-term.
Consolidation in the markets speaks for itself, too. Curious to see what happens with the industry in the next 20 years. Great post and fascinating thread… I think the consulting model has survived many transformations, but its environment is changing really fast. It just seems that there should be a way to drive additional efficiency in the staffing model and in the IP that is captured by the consulting firms.
Will Google and Facebook start hiring consultants? Do you think Bain is flexible enough to drive serious internal transformation??? Clearly, I have a personal bias towards the need for the human aspect to the success of the project given my personal experiences, but who knows what disruption somebody could come up with that could eliminate that. You must be logged in to post a comment. Skip to content. The HBS Digital Initiative brings together perspectives across disciplines to help people understand how technology is transforming organizations and the greater world.
Want to learn more about technology and organizations? Email Password Remember Me Lost your password? Previous: Quest Diagnostics: From factory for testing to big data company. December 8, Roger Zhu says:. December 8, Shaharyar says:. Secondly, because I will have the opportunity to work with brilliant people. You are known for recruiting only the top talents, and I look forward to learning from them.
Thirdly, McKinsey works for top-notch clients. I look forward to working on their most pressing problems and having an impact. The sample answer above is weak because these arguments can be applied to any top consulting firm. Remember that your objective is to convince your interviewer that you are genuinely interested in joining this particular firm, and that your decision to apply for a position in their firm is a thoughtful decision.
To do so, you must give your interviewers relevant and specific reasons to join this particular firm and compelling pieces of evidence that these reasons are meaningful for you. There are 2 ways to give your interviewers specific and relevant reasons why you want to join a particular firm:. Thus, you must understand what types of projects the office you want to join works on. This is how they are doing things. In other words, you must understand how a consulting firm promotes its way of working.
Another example: the Boston Consulting Group promotes individuality and diversity. Each office has its own culture unlike McKinsey and its one-firm culture and the diversity of the profiles of their Consultants is richer than any other consulting firm. A last example: McKinsey has a strong feedback culture.
In other words, McKinsey has set up a culture of coaching and mentoring, as well as invest a lot of money in training its Consultants. Therefore, this is your job to grasp how the consulting firm you want to join communicates about its way of working. You must give your interviewers compelling proofs that what you are saying is not a list of random, copied-and-pasted arguments.
Instead, you can use these 4 compelling proofs to show your interviewers that you have seriously thought about why you want to work for them :. First, you talked to at least one Consultant from the firm even better if these Consultants work in the particular office you apply to. There is no better proof than this one. Not only does it show your motivation, but also, that you probably understand what they are doing and how they are doing things.
Thus, networking is key: talk to as many Consultants as possible! For instance, you have hereafter an interview with Juliana, an ex Bainie who managed to get a job offer from McKinsey and Bain along with 5 other offers!!
In this interview, you will have lots of insights about the specificities of the BCG. Secondly, you have worked with a Consultant from the firm. Maybe during an internship or during your previous job, you had the chance to work with a team of Consultants from the firm you have an interview with. If this is the case, say it.
Actually, this shows that you understand how they work. Thirdly, you have read reports they have written or did research on their websites. This is another proof that you understand what they are doing.
Plus, this shows you did some homework and your motivation to join this particular firm. Fourthly, you can connect a reason why you are interested in joining this firm with your past experiences. This is exactly how I envision the next step of my career: deliver real, tangible value to my clients. Hence, I will have the opportunity to work with top-notch experts from all over the world and learn a lot from them.
I find it very stimulating to work in such an international environment. Thirdly, because of the leadership of the McKinsey Casablanca office in the Public sector. Thus, I will have the opportunity to work on projects that will deeply impact the North Africa region. Given my personal bond with Africa, I want to play a key role in shaping African public organizations for the next decade.
To conclude, if you want to learn more about the McKinsey hiring process, check this article. From these conversations, I understand that you are doing a lot of projects in the Financial Services industry. This is one of the main reasons why I am so much interested in working here. Not only, did I love my 6-month internship at Bank of America, but also, I find the issues at stake in this sector — such as the rise of fintech companies — fascinating.
This is unlike at McKinsey and BCG, where team members each have their own workstream and report to the same team leader. Therefore, consultants at Bain gain managerial responsibility faster than at other firms. The flip side is that it makes transitions from other industries more challenging, since new joiners have to quickly get their act together and be ready to manage junior team members who may have more consulting experience.
That being said, careers at Bain are more fluid. Therefore, Bain rewards its top performers with faster career progressions. This is different to BCG or McKinsey where some offices impose staying a minimum time at each level, regardless of performance. This means that feedback is often given downwards from your manager to you , upwards from you to your manager and sometimes higher , and across from you to your peers.
This means that your learn and develop at a rapid pace. This means that there is always a preference for supporting and driving clients to make decisions, take actions and create results, as opposed to a more theoretical exercise. The Bain culture is also known for its high energy and focus on working hard, whilst also enjoying the ride. Team events, social occasions, office parties and getaways are part of the Bain experience and allow colleagues to connect, build relationships, and have fun.
Bain is also known for its World Cup event which brings together thousands of employees from across the world to compete in sports and celebrate. The nature of consulting project work also allows for a lot of career flexibility. For example, you can take extended leaves of absence for a long vacation or to explore a personal interest without jeopardizing your career.
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