When I was an associate and had just joined the firm from a boutique firm, many of my colleagues from the boutique firm were also looking for new roles. Some of them were outstanding and others were terrible. Shortly after I joined the firm it was announced that some of the terrible consultants had been made offers to join the firm.
In this podcast I explain why I resigned, how the firm reacted and what both actions tell us about how we should make career choices.
It is never ever about the money. If you choose money in the short-term, you will be less wealthy in the long-term, and vice-versa.
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Have you ever applied to a firm that wants you to interview with 7 to 12 people? They will tell you this is because they are careful or because everyone must have a say in the decision. None of that is true.
In this podcast we explain why the need for multiple interviews is a symptom of a firm that does not know what it wants and therefore cannot make a decision. Increasing the number of interviewers simply removes the accountability from any one person for making a decision, because, with no clear guidelines, no one can or wants to make a decision.
It is easier to be part of 12 people making a decision versus being the sole arbiter whom will be accountable. No one wants that burden when the goalposts keep moving.
When Booz was acquired by PwC, many consultants joined rival firms. BCG Middle East was a major recipient of Booz employees. In this podcast we explain a promotion tenure limit imposed by the BCG Middle East practice, which we believe was driven by the hiring of so many Booz consultants, and, with greatest respect to BCG, hurts the firm and its culture.
We discuss the policy, why it defeats the principle of demonstrated competency and why it implies that BCG Middle East values the opinions of another firm disproportionately. We feel this policy should change.