McKinsey & Company Reviews

Pros

Tremendous for learning
You work with incredibly capable people
Feedback is regular and direct
You get comfortable with having your thinking challenged
You build a network of relationships with colleagues worldwide
You get to work on really interesting business problems

Cons

It's less personal than it used to be as the firm is so big
It's not great for work-life balance

Pros

It was an amazing four years at McKinsey. You do not appreciate the skills you built there, until you leave to join another company. When your new colleagues appreciate the rigour you bring to the table, that is when you realize how you have developed!

Cons

The most common criticism is work-life balance. On one hand it is not as bad as many other banking jobs, as our weekends are usually sacred. However, over the years, it can be hugely volatile as we respond a bit too directly to our clients' requirements.

Advice to Senior Management

Work-life balance needs to be looked at again thoroughly. Please help the teams and the partners to push back when it gets unbearable.

Pros

Challenging env in company overall, , , ,

Cons

Difficult to grow in company generally

Advice to Senior Management

Invest in individuals

Pros

good learning experience and good exposure to cooprate management

Cons

too academic and unpractical, not always have ideal impact to client

Advice to Senior Management

ok

Pros

1. Smart, motivated, and personable co-workers that you want to get to know both in and out of work
2. Endless opportunities to learn both hard and soft skills for people of all tenure
3. Great place to discover one's own strengths and weaknesses and figure out career path
4. Top-notch exit options
5. Leadership in the consulting industry (making strong client impact through the use of deep expertise and resources across many industries and functions)
6. Strong focus on firm values

Cons

1. High stress (continuous pressure to do well as a result of feedback-oriented culture)
2. Difficulty in work-life balance (worse than an average job, comparable to other strategy consulting companies, not nearly as bad as finance jobs)

Advice to Senior Management

1. Introduce more firm-wide events/initiatives to foster the firm's global cohesiveness

Pros

- Very competent and caring leadership team
- Amazing people to the core, everyone has something unique
- feedback that really changes you for the better

Cons

- Sometimes we work too hard, but it's mostly interesting work
- The Firm can be complex to navigate and learn

Advice to Senior Management

- Keep driving for depth and innovation
- Keep the bar high for our people and our work
- Simplify the Firm but stay flexible

Pros

Quick learning curve. Quick and easy access to top management in leading firms. Early opportunity to raise ones capabilities

Cons

Long strengneous working conditions. Team is critical for success. No social life

Advice to Senior Management

Choose partners wiser....

Pros

Extremely competent and hard working colleagues. Open and caring environment. Lots of challenges. Exciting projects. Fantastic growth opportunities. Decent compensation

Cons

Not so good lifestile, typically it is required to work 60 - 70 hours per week to perform to expectations. Unpredictable workload.

Advice to Senior Management

Leadership could be more transparent about how the company is performing overall (e.g. financial performance, growth relative to competitors)

Pros

Best brand name hands down
Well paid
Work with senior level management
Expect great career path after McKinsey
Regular feedback
Emphasis on continuous improvement
Care about client impact

Cons

Bad lifestyle - lot of travel, sometimes unnecessary
Culture of hierarchy and micro-management
Not very receptive to change and new way of doing things
Focus on making the firm look good at the expense of clients

Advice to Senior Management

Find ways for Consultants to have impacts outside of doing regular studies
Get more relevant for emerging technology companies
Get more serious about work life balance - there are abundant opportunities for talented people nowadays

Pros

Learning a lot, every day you face a different issue
Being surrounded by very very smart people, you also learn a lot from them

Cons

The working hours were insane, no balance between work and personal life