Boston Consulting Group

  www.bcg.com
  www.bcg.com
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Politics are getting bad

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at Boston Consulting Group full-time (more than 3 years)

Pros

Good clients, good brand and intellectual capital

Cons

Strong politics around the "old guard" who are attached to their power base and have simply not evolved

Advice to ManagementAdvice

Get rid of the partners who do not espouse our values

Doesn't Recommend
Neutral Outlook
No opinion of CEO

581 Other Employee Reviews for Boston Consulting Group (View Most Recent)

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  1.  

    Steep learning curve, tough work life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Associate in Milan (Italy)
    Current Employee - Senior Associate in Milan (Italy)

    I have been working at Boston Consulting Group full-time (more than an year)

    Pros

    learning happens very fast, especially in the first couple of years if you start from the junior positions (i.e. Associate)

    Cons

    very long hours, it can get quite hierarchical and therefore demanding on your nerves

    Advice to ManagementAdvice

    Create larger teams to improve employees' work-life balance....to reduce turnover!

    Recommends
    Positive Outlook
    Approves of CEO
  2. 4 people found this helpful  

    Not a sustainable life for most; be careful about exit timing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Principal in London, England (UK)
    Current Employee - Principal in London, England (UK)

    I have been working at Boston Consulting Group full-time (more than 5 years)

    Pros

    Very rapid learning curve, opportunity to work with top management at well-known clients, very friendly office culture (at junior levels), very smart and motivated people, and a powerful addition to your CV.

    Cons

    As noted elsewhere, there is a powerfully-entrenched long-hours culture and absolutely constant and overwhelming pressure on teams. The PTO process is supposed to address this, but in London at least, has resulted in no real changes to partner behaviour, and so PTO sessions really just turn into grumbling sessions that don't change expectations. The fact that the name was changed from its original "predictable time off" to "predictability, teaming and open communication" is a pretty good clue.

    There is a very wide range of partner personality types. For example, judging by what consulting staff say, 3/4 of the London energy Partners have a ruthless, critical, and driving approach to teams, as do the private equity guys, while media Partners are at the other end of the scale in terms of personality and approach. Banking partners are in the middle.

    Career progression can be tough, with any negative feedback or issues with individual partners magnified out of proportion. At the Principal level, one bad project can be enough to derail your career.

    A lot of project approaches are very theoretical, and although what ultimately goes to clients is almost invariably of high quality, what the client sees is often a fraction of the work consultants are driven to do to satisfy partner desires for a perfect solution, rather than a practical one. With the wrong partner, case team meetings can be a nightmare.

    Finally, it is important to manage your exit timing, keeping in mind that even Partners rarely stay longer than seven years. Consultant or P/L is likely to have the best mix of exit options that don't require a big fall in salary and give good industry exposure. At P or Partner level, industry options become far fewer, and often require a big drop in compensation. Do keep in mind that in contrast to McK, the BCG alumni and career services network is rudimentary, so you will be on your own when you start looking!

    Advice to ManagementAdvice

    Beware of believing your own hype! Consider significantly expanding the expert career track approach, as one key lever for breaking out of the pattern of belief that overworked generalist MBAs are the best source of value creation.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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