MACSEEI

The Gold Boy’s Network

Submitted to, Submitted by,

Dr. Sanjay Srivastava Nikhil Jain
Additional Director General MBA (G)
 Firm’s Image
 The image is so carefully presented that the new McKinsey consultant
is trained in how to behave with his/her client.
 Mckinsey consultant always keeps that crucial visual contact.
 Senior Mckinsey partner spend third of their time in reviewing the
work of their peers and subordinates.
 Mckinsey firm is a best place to work even it is one of the best places
of all to fail.
 Mckinsey is so obsessive about ongoing performance reviews and
driving out those who just can’t make it.
 There is clearly no time for coasting for the young associate, who
wants to make career at Mckinsey, as four of every five hire will
disappear in first five year.
 It is clear to every one that Mckinsey wants to do is get rid of most of
them and keep only those who best fit for the company.
 A world class leader
 It is a typically a high caliber partnership where consensus of
the partners dictates the course of event.
 It is frequently involved in growing the executives who will
run corporations all over the world.
 It also knows that it has been so selective in allowing young
consultant to come in that it is already dealing with an elite
that will have long life in the world of business.
 The nature of development process is absolutely outstanding
as they hire outstanding people.
 The goal is to reach across all artificial boundaries and create a
network that embraces a unity of purpose.
 The one rule most Mckinsey consultant and former consultants
seem to value is the rule of confidentiality.
 One woman’s claim
 Suzanne porter charged that she had been a victim of
discrimination because she was a woman.
 Mckinsey says she didn’t measures up with the standards
prevailing in Mckinsey.
 It is so tough at Mckinsey that only one out of five make it to
principal, and only one in two are elected to director’s position.
 A candidate must complete 3 steps to be elected as principal.
1. nomination by local offices.
2. Approval by principal candidate evaluation committee.
3. An elect or non elect decision by a sub committee of the firms
board of director.
 She was not a good team player and required a lot of
supervision.
 Statements
 Suzanne Porter
 She claimed that at several point
of time her years there, she raise
questions about not being
assigned to more core client
cases, moreover core client
experience is critical to
advancing.
 Mckinsey was using status of her
husband to determine her
employment future.
 Women at McKenzie were not as
well brought along as men.
 At McKinney performance
review were superficial for
women.
 Mckinsey
 She was not a good team
player and required a lot of
supervision.
 One need to have core client
experience to be nominated
for principal position.
 Suzanne’s husband was
moving to Boston, so
company thinks it doesn't
make sense to proceed with
her.
 Discrimination at Mckinsey
Women Men
 Feed back to porter  They were provided
were more global in with clear steps that
nature and are more were necessary to
general and ambiguous promote their
development.
 They were also getting
proper mentoring
 Facts in favor of Suzanne
 Porter was indeed, the subject of sex discrimination.
 According to researcher women make up less than 5%
of the firm’s 465 principals and directors.
 Between 1978 and 1993, 23 women and 127 men were
hired by Mckinsey Texas office by January 1993, 12 of
the men but none of the women were employed either
as principal or as a director in local office.
 Attrition for women were 100% and 30% for men at
senior engagement managers level.
 A tough employer
 The firms standards are very high and are
applied to every one.
 These standards are based on firms mission,
and guiding principles statements, which
includes superior quality work, commitment to
client service, contribution to partnership
through team work and collaboration and
assumption of the responsibility of self
governance.
 Consulting companies are super sensitive to
their image and aware of the fact that it tis
important to keep clients comfortable and
Mckinsey has been good at that.
 A long term guess would be that more and
more women will succeed not only at
mckinsey but at its competitors also.
 Tapping Harvard
 Harvard business school became the primary
recruiting pool for new McKinney consultant.