A typical day at work for me is when i start my day with a set of jobs that i am going to carry out. My targets for the day will be well planned and after preparing a mental note along with my plan. As per quote 'When you are in doubt ask you Manager' the support that i get from them will help me at any moment of trouble. Knowing the in depth knowledge on the subject is the only key for the success for any role that i perform. I am a person who think that above my daily routine i should contribute to my role in the ways of making it more simplified for the upcoming people. My co-workers are the ones with whom i share my knowledge and get a feedback on myself (friends are the best ones to share and learn). I normally make friends at work by respecting their views and also giving them space to be who they are. The hardest part of my job was when my people thought i speak with higher officials which they normally don't do. The enjoyable ones are when i got support from my bestess which make me work with more enthusiasm.
Business Development Executive & Purchasing Associate
Procurement of services such as IT hardware Software, business Analytics, Meet planning services, Real estate and office equipment’s from the global database of clients such as AT&T, Apple, Google and Ernst & Young to name a few and all other fortune five hundred companies in the world.
Inception stage of vendor acceptance onto the systems by undertaking tests to verify
background and legitimacy using tools such as Oracle, Ariba, Meridian, Dun & Bradstreet and
Bridge insight.
Monitoring annual vendor expenditure and enforcing clients to utilize the procurement card program of Mckinsey (Amex and Mastercard) that enables vendors to be cost effective and hence improving profitability of the firm giving way to marketing skills.
Create ways to negotiating contracts and purchases so as to enhance one on one-client
Services.
Lead project for the firm members on development and Time efficiency skills.
Processing of Time and expense reimbursements for various North America locations day today .Have learned about various tools especially Oracle, My time,MB2, Radar ,People link, Metridea etc.Attendees various training programs and learned more knowledge on communication skills and building relationship.
Managements. Managements provide us with all the necessary amenities and good environment.
Co-Workers. As Mckinsey been my first job i have gained various friends and we all would be helping each other in all aspects .Even me a friendly relationships with consultant and local Accounting offices .
Hardest part of Job would be Stress,office timing.
Enjoyable Part: Processing of Time and Payments.
ProsSodexo, Medical Reimbursements.team Outing one in a Quarter
Typically the role decides your day at the company. Starting at the junior role, means you have to handle multiple day to day requests encountering the team from main consulting company. You get to know about versatile set of industries. The team dynamics are different across teams, its a bit difficult to understand the professionalism and individualism approach initially then you get used to it. Its the travel and the location of the place which tests your patience over time, because of which the work life balance get abit affected. Rest, the job security is critically high.
ProsInsurance and medical facility, onsite opportunities
Conslong hours, politics, and team specific issues
You have to work on deadlines the entire day and sometime the deadline is very stringent. By working in a deadline driven environment you learn a lot, e.g., how to handle pressure and give your best. Overall management is good. Workplace culture totally depends upon your colleagues with whom you work with as they are the ones who create the environment. The hardest part is to continuously upgrade yourself, which people don't like most of the times. The most enjoyable part of the job is the socials. Overall its a good company for the people who wants to learn and upgrade their core and soft skills.
My review about McKinsey solely depends on the team I worked for. We worked directly under US and European bosses sometimes and it was challenging as well as rewarding. It truly makes you a thoroughbred professional. Also got chance to rub shoulders against colleagues from all parts of the globe as we had to interact with 55 countries. Hardest part of the job was to cater to different time zones, the most enjoyable part was the interaction and learning that is seldom there in many companies
Great place to settle in one career and make this the retirement place, work life harmony is very good, no other company will give you so much benefits as Mckinsey does.
If you want a fast paced culture, young crowd with experimentation and steep learning than this is not the place
ProsGreat place to settle in one career and make this the retirement place, work life harmony is very good, no other company will give you so much benefits as Mckinsey does.
ConsIf you want a fast paced culture, young crowd with experimentation and steep learning than this is not the place
Analyse the requirements and create high impact PowerPoint Presentation (PPT) documents for McKinsey Partners and Directors
We were working in a quite large request (about 300 slides) with 6 colleagues, its shorter deadline. Since it was a weekend few teams were not available were we can seek some help to bring the presentation document more effective as requested by senior level (CEO) client. With the help of our senior person we taken some learning to best practices together and completed before deadline. Finally client came with great feedback
Design Coordinator | McKinsey & Company, Chennai, India
• Communicate effectively to know the exact expectation of the study.
• Prioritizing multiple deliverables to manage expectations and meet deadlines.
• Handles multi-tasking like assignments, scheduling, clarifications with the internal sector and communicating to the user.
• To maintain every track of the communication in a proper interaction log including the mails and updates of the study (Design request) and properly conveying it to the required team and meeting the user deadlines.
Starts the day with assigned jobs. Jobs are packed for 7 hours.
Learned powerpoint animations, formatting, picture editing, thinkcell charts and created shortcuts to work effectively and save time.
Excellent working atmosphere. No hierarchies.
Meeting the short deadlines is the most hardest part but feels satisfied after meeting them
Whole job s enjoyable
Prosallowance for food, medical allowances, master health check up every year, insurances, shift allowances, snacks in pantry.
Not the experience it's billed to be but not a terrible job either
Don't believe the videos they send you to watch before you interview, this is NOT the most fulfilling and empowering job of your life! You will spend your day mostly scheduling and rescheduling calls and meetings, unless that's your calling in life prepare to be unchallenged. The people you support will vary from nice busy folks who genuinely appreciate what you do for them to prima donnas who enjoy blaming other people when they drop the ball. Your coworkers are mostly nice, the screening process weeds out most of the people who aren't sharp enough for the job but the lack of management presence means the younger EAs are free to roam around socializing at their whim, so sometimes the person you really need to speak with is at her friend's desk shopping online while you're trying to set up a call with an unhappy client.
Managers (team leads) seem to be chosen more for how much their coworkers like them than for leadership abilities. Some of them are helpful and knowledgeable IF you can find them, for upper management seems to schedule frequent "meetings" that keep the TLs away from their desks. Training is uneven at best; you are expected to rely on the people who sit near you more than on your TL or on training and since there's not always a set process for handling issues, this is a problem. As mentioned above the lack of TL presence also means some employees spend more time talking than supporting their executives.
The benefits are the best part of the job an
ProsFree food, great health benefits, time off easy to get and PTO time is generous
ConsWay too many very young coworkers, EAs are expected to manage their own time who just aren't mature enough to do so, managers with very uneven leadership skills, the people you support are bounced from person to person often and are bitter about it, pay does not adequately compensate for the workload nor is it really keeping up with the local COL
This could be a great company. However most of the year you are just worrying about finding things to put on your end of yea review. You aren’t focused on you actual job, which is to provide the best possible service to your supported colleagues. You are worrying about having to write an “impact statement”. If you don’t get this right, you don’t get any kind of raise. And you can get a very high rating only to get locket change at the end of the year. Our job description has become convoluted and unnecessarily complicated. The powers that be insist on bringing us into the office, where we ignore each other and try to do our work. The same work we do more efficiently at home, using no gas. Do not work here if you expect the firm to keep with its tenets. Integrity? No, they have none, there is no integrity to laying off yoru workforce while spending flagrantly on leases and expensive Friday lunches, Purposeful presence? No. There is no purpose in being present at a job when you do not even work in the same location as those you support, Holistic impact - just a buzz word . Being an EA is stressful, low paying, under appreciated over analyzed and over scrutinized. There are still unnecessary positions, and an EA can never get promoted. Team leads serve no purpose, operations managers serve no purpose. You cannot climb any sort of ladder as an EA, you will always be an EA. Upper management uses a game of telephone to send messages down to the peons. Of course, then the messag
- Plan and manage complex travel arrangements and itineraries, for very busy diaries with an awareness of impact on Partner priorities
- Produce and proof-read correspondence, documents, packs and presentations if and when required, frequently under tight time constraints
- Monitor emails and respond as appropriate when required
- Proactively screen and deal with calls and other correspondence, responsibly and professionally with an awareness of Partner priorities
- Effectively liaise with clients, teams and other contacts.
- Work collaboratively with EAs in a team environment, providing back up cover for their Partners during holiday or sickness
- Administrative responsibilities including filing, maintenance of records, expenses and time sheets, CERs and invoicing, etc.
- Organizing Quarterly Corporate Events
- Developing working relationships with external clients and their assistants to facilitate the flow of information and scheduling process
- Preparing weekly timesheet and expense reports
- Coordinating committee meetings, workshops’ agenda, arranging conference bridges and organizing filing systems
- Consolidate mailing lists for practice level dissemination
- Ensure up-to-date information on the Knowledge Management portal by tracking client staff uploads to resumes, profiles, Quals and IC
- Provide administrative follow-up and assistance in practical implementation of policies developed by managers in charge to ensure the office is well organized
Pros
- Great benefits (although they are shrinking in a bit)
- Well-known firm
- You will work with many smart people.
- You will learn if you take charge of your development.
- Some of your co workers will be AMAZING, kind and reliable.
- Work life balance doesn't exist unless you set boundaries EARLY. Depends on the team and manager.
Cons
- Mediocre pay if you aren't a Consultant. NO bonus if you aren't a CSP. Shop around.
- Many get paid to just make slides. LOTs of slides.
- There is no career progression unless there's an open role - then it's who you know.
- FSP's are treated like second class citizens and it's felt throughout.
-ERG groups inclusion efforts are a joke. They are too large to be effective and aren't really tangible for FSPs' - no development specific to them.
- There is a general lack of diversity throughout the FSP side and recent layoffs have deepened this. Barely any males. Barely any POC. Very weird. Very catty.
- No one will tell you how this firm works and how to get ahead. It's an unwritten rule, but once you figure it out you'll be fine. You'll get bad reviews until you figure it out on your own though!
- You'll work with smart people, but you'll also work with several who are not very smart, but knew someone who knew someone.
- CSP side is very arrogant and sometimes down right NASTY. It's rewarded so it will continue.
- Very toxic work culture.
Advice to Management:
Care. Listen. Seek improve
Accelerated work environment with demanding performance expectations which position you well in long term career
McKinsey is a very competitive company to work for with well brand name in the industry. The firm is putting a lot of effort toward improving work life balance which is probably the toughest aspect of the job. Expect to travel extensively will staffed on an engagement with typical scheduled being travel from Monday from Thursday every week. Depending on industry focus and office location travel can be reduced if clients are locally based.
Your experience in the firm can be quite variable given the staffing structure. Your experience of the firm will be greatly structured by the teams you work with, so making the time to develop deep relationships with teams you enjoy working with is very important in your progression at the firm. The firm is also experimenting with many additional career paths from the traditional generalist consultant.
Job security/advancement is unique to the firm/industry. Opportunities for advancement are plentiful and expected. However, it comes with a steep performance curve which is also expected. Falling from the growth expectations will eventually lead to "counsel to leave". Turnover is very high compared to other industries. On the flip side, the experience gained from working in McKinsey should lead to great employment opportunities outside the firm
Un día típico en el trabajo:
Control de conmutador.
Coordinación de videoconferencias con clientes en diversos países y localidades de acuerdo a zonas horarias.
Coordinación de conferencias telefónicas con clientes.
Control de acceso y entrega de gafetes para visitantes extranjeros.
Control de acceso a estacionamiento VIP para clientes.
Coordinación de Salas de Juntas.
Recepción y distribución de documentos confidenciales.
Apoyo en la organización de eventos corporativos .
Atención a clientes y proveedores nacionales y extranjeros.
Recepción y envío de mensajería DHL, Fedex, UPS, Multipack.
Coordinación y reservación de transporte ejecutivo para clientes, directores y consultores extranjeros.
Reservaciones de hoteles y restaurantes en México y otros países.
Lo que aprendí:
Desarollar al máximo mi potencial y dar lo máximo de mi misma en el trabajo da una satisfacción personal muy grata.
La dirección,/gerencia:
Fueron muy amables y comprensivos conmigo.
Mis colegas: Fueron muy amables conmigo.
La parte más díficil del trabajo: El trabajar bajo presión todo el tiempo.
Lo que más me gusto del trabajo:Desarrollar al 100% todos mis conocimientos.
ProsMcKinsey & Company Inc. es una gran empresa transnacional para trabajar
McKinsey Implementation: a different kind of McKinsey consultant
McKinsey Implementation (MI) doesn't look for the standard Ivy league undergrad or top 5 B school applicant. Instead, since MI focuses on driving real lasting impact with clients (as opposed to traditional high-minded strategy problem solving), it looks for candidates with real work experience (generally at least 6 years) that know how to get things done. As a result, MI consultants have an extremely wide range of backgrounds and experiences. Additionally, the learning and development opportunities are immense. My initial training was better than almost any training I received in the military (and was located in Santiago, Chile!). Most importantly, while MI strives to provide the greatest impact possible for each and every client, it does so with a mind toward a sustainable lifestyle for its consultants. Each study begins with team members stating their lifestyle goals and boundaries, and the team works from there.
Overall McKinsey Implementation has been a great career choice for me coming out of the Navy.
Prosdevelopment opportunities, wide industry/function exposure, sustainable lifestyle, driving actual impact for clients
ConsNew aspect of McKinsey (value prop not well-known among partners)
Work with the best people on interesting, high impact problems
McKinsey is a fast-paced, high performance workplace where the demands are high but the work is extremely rewarding. Some key benefits include:
+ Amazing people - you will be surrounded by brilliant and personable colleagues. The work is challenging, but there is a pervasive attitude of being in it together - I have found everyone to be tremendously supportive and I continue to be amazed by the caliber of all those I have worked with
+ Unparalleled opportunities for growth and development - the pace of learning is unlike anything I have experienced outside of the firm, and there are great opportunities to explore new industries and functions
+ Work with clients on to drive change at pace on interesting, high impact problems - the name of the game in consulting. In all my experience, I have found McKinsey's approach to be highly effective in driving impact and seeing fast results. The firm is also committed to building client capabilities and helping them actually make the changes they need to succeed long term; this is a specific focus of McKinsey Implementation
ProsLearning and development, interesting work, people, benefits, compensation
ConsLong hours, extensive travel (great for some, not for others!)
McKinsey & Company is one of the top companies to work for but beware that this only applies if you have a career as a Consultant, Engagement manager, etc and working on the Client side. However if you're working in Operations, Reconciliations, Card Service, Purchasing, Procurement... you won't have a life, you will be humiliated, yelled at and you will put in more than 50 hours a week. Yes you'll have great benefits and vacations but you'll work during your vacation or expect a call from your manager. If you leave on vacation, you'll pay the price when you return. It's a nightmare. Some that have been there for several years, are use to this type of treatment and think this is normal. Leaving that place was the best thing I've done!! The only positive thing was to have McKinsey in my resume which it landed me a great job with great people who actually treat me with respect. I want people to know so they won't go through the same nightmare I went through. If you land an interview, please ask the right questions, make sure this place is for you. Ask the employees questions about their supervisor, manager, etc, ask them if there happy, ask about work & life balance. Think twice about it if you have a family and kids... because you won't be spending much time with them.
The longer you are at McKinsey, the more your skills continue to plummet. Most of the EAs at McKinsey don't know how to use Microsoft Powerpoint, Excel and Word. I was told by both partners who I support, to tell my manager that I am doing much less than I am, because they thought she was jealous of me - I think this perfectly describes the culture and the dynamic between EAs and the managers. Favorites get the time off, and the non favorites get reprimanded for taking a sick day. The EA pool is a revolving door - I've been at McKinsey for five years, and have met over a hundred EAs who have come and gone. The chief complaint for those who don't stay is the EA managers and the company culture - it's us and them. EAs are often talked down to, they support partners who don't offer any background or input into their calendars, but will yell at you, cuss at you, and flat out call you stupid if you don't read their minds correctly. If you continue to complain about partners who are abusive and go to HR, the manager will retaliate and say your insubordinate and have a bad attitude. This place is toxic and a dead end job.
Questions And Answers about McKinsey & Company
How often do you get a raise at McKinsey & Company?
Asked 30 Mar 2023
More than 1 year
Answered 5 Jun 2023
Annual
Answered 30 Mar 2023
How often do raises occur at McKinsey & Company?
Asked 4 Feb 2021
Yearly
Answered 24 Mar 2023
Yearly based on performance which is always depends on how you please your boss
Answered 4 Feb 2021
What should you wear to an interview at McKinsey & Company?
Asked 22 Jan 2021
Formal suit, tie, black shoes
casuals on weekend
Answered 4 Feb 2021
Formal Dress
Answered 22 Jan 2021
If you were to leave McKinsey & Company, what would be the reason?
Asked 18 Apr 2018
No / Limited Projects
Answered 22 Nov 2021
They will not leave like this without any concrete reasons such as getting married, the in-laws who do not like the job etc