BE­YOND B- SCHOOLS

Business Today - - INDIA'S BEST B-SCHOOL -

Like many other lead­ing con­sult­ing firms, McKin­sey is a big re­cruiter on B- school cam­puses. Typ­i­cally, it takes about eight years or so for the peo­ple it hires to be­come a ‘part­ner’. But that is too short a time to de­velop ex­per­tise, and clients, too, in­creas­ingly need im­ple­men­ta­tion ca­pa­bil­i­ties. So, McKin­sey has been hir­ing do­main ex­perts lat­er­ally and has cre­ated dif­fer­ent path­ways to be­com­ing a ‘ part­ner’. These are:

GENERALIST PART­NER:

Catch­ment area would typ­i­cally be lead­ing B- schools

EX­PERT PART­NER:

Area ex­perts in do­mains such as risk or cy­ber se­cu­rity. Would be hired from in­dus­try, say, a chief risk of­fi­cer in a bank

MASTER EX­PERT:

Glob­ally best ex­pert; would be a hand­ful

RTS ( RE­COV­ERY AND TRANS­FOR­MA­TION SER­VICES) PART­NER:

Could be lat­eral hires from in­dus­try; ‘chief’- level ex­ec­u­tives ( CXOs) or oth­ers who have been suc­cess­ful turn­around ex­perts

MGI ( MCKIN­SEY GLOBAL IN­STI­TUTE) PART­NER:

Could be those ini­tially hired from B- schools or lat­er­ally. Could also be peo­ple with PhDs in Eco­nom­ics or an ex­pert fo­cused on pub­lic pol­icy, re­search and re­source build­ing ca­pa­bil­ity in so­cially rel­e­vant ar­eas

DIG­I­TAL PART­NER:

For dig­i­tal, an­a­lyt­ics and other tech­nol­ogy- re­lated ar­eas. Could be from in­dus­try with deep knowl­edge

AD­MIN­IS­TRA­TIVE PART­NER:

In­ter­nal func­tion for McKin­sey. De­pend­ing on re­quire­ment, could be from law firms or au­dit firms, or chief hu­man re­source of­fi­cers

IM­PLE­MEN­TA­TION PART­NER:

Some­one with track record in ex­e­cu­tion ex­cel­lence. Could be hired from in­dus­try

PSS ( PUB­LIC AND SO­CIAL SEC­TOR) PART­NER:

Peo­ple who have been with govern­ment or in so­cial sec­tor with deep do­main knowl­edge

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