MBB Vs Boutique: Why I Would Avoid Big Consulting Firms | The HONEST TRUTH

Dreaming of MBB (Mckinsey, BCG & Bain)? There's more to consulting than the big names. This video explores MBB's downsides and reveals why boutiques offer a compelling alternative - we talk culture, generalisation, and a work/life balance, to name a few😉. Essential viewing for consulting hopefuls!
⏱️Chapters
00:00 - Intro
01:08 - Pros of MBB
04:34 - The Cons of MBB - Scandals
07:17 - Up or Out
09:08 - Constant Pressure
11:40 - The Case For Boutiques
13:25 - Firm Structure
15:02 - Client Focus
15:52 - Work/Life Balance
17:30 - Brand Recognition
18:32 - My Opinion
Graphic design by the talented @evedbdesign - / evedbdesign
🔗 Links
- Consulting Work/Life Balance - www.consultanc...
- Consulting on the Cusp of Disruption - hbr.org/2013/1...
- A Pivot Towards Boutique Consulting Firms - www.talentresp...
- Consulting Firms Comparison - mconsultingMBB (Big Three) Consulting Firms Comparison | MConsultingPrepprep.com/mbb-consulting-firms-mckinsey-bcg-bain
- Things they look for in Consultants - managementcons...
- Regional Attrition Tenure - www.consulting...
- Whats the Mckinsey Turnover like for Clients & Employees -www.preplounge...
- Consultant Retention Crisis - www.hrdive.com...
- Why High Talent Turnover is the Greatest Threat to you Consulting Firm - www.accelo.com...
- Stay at Big 4 or jump to a Boutique - www.wallstreet...
- The Benefits of Working with a Boutique Consulting Firm - www.konakaicor...
- Boutique Consulting Firms - www.myconsulti...
- Comparing Large vs Small Consulting Firms - www.rebeccaxli...
- Boutique Consulting Firms - www.preplounge...
- John Oliver on Mckinsey - • McKinsey: Last Week To...
- How McKinsey Helped the Trump Administration Carry Out Its Immigration Policies -
www.nytimes.co...
- Mckinsey Opiods Settlements - www.nytimes.co...
- Bain & Co Barred From Uk Government Contracts - www.theguardia...
- MBB Prestige - mconsultingpre...
- The Many Times McKinsey has been Embroiled in Scandals -
www.trtworld.c...
- BCG - Cosy Relations -
www.theguardia...
- Up or Out Policy at MBB - casecoach.com/...
- McKinsey piles Up or Out Pressure - www.bloomberg....
- Pulp Fiction Clip - • Pulp Fiction - We happy?
- Best Boutique Management Consulting Firm to Work from in The UK - www.consultanc...
- SN1 Consulting - Boutique Consultancy Example - sn1-consulting...
- Elevenlabs - for the AI Voices - elevenlabs.io/
- Print T Shirt Design Shop - www.tshirtstud...
- Highbury Comms - Boutique Consultancy Example - highburycomms.....
- MBB 10 Most Distinguised Alumni - www.morganmcki...
- Best Consulting Firms for Prestige - vault.com/best...
- Sundar Pichai Clip - • Opening keynote | Goog...
- Apocalypse Now Clip - • 'I Love the Smell of N...
- How I Broke into MBB from a Non-Target School - / how-i-broke-into-mbb-f...
#consultant #consulting #corporate #consultinglife #careerchoices #realtalk

[@jobsworthy]

*Correction: I misspoke in the video, MBB firms have partners not shareholders. Thank you to @ster2600 for clarifying this

[@fdsfklnslnlknlkn8884]

I worked an MBB-level consulting firm and at a boutique. On balance, I was way happier at the boutique: the work was more interesting, the hours were better, and the culture more collegial / less toxic. The pay was a bit lower, but was still good, especially relative to the hours worked and the stress. More often than not, I was excited to come to work and work on a new project (the complete opposite of my experience at the MBB-level firm). The reasons I left the boutique were: 1) I wanted to leave consulting and figured I'd have better exit options coming from a more prestigious firm and 2) project volume was starting to slow (I spent too much time 'on the beach' between projects), which made me worried for my job security (as it turns out a bunch of people got laid off a few months after I left).

[@jobsworthy]

Excellent insight, thanks for the comment!

[@sakibrko]

Great video! Finally someone who take a critical approach to explain things and tell the story from both perspectives instead of being biased!

[@jobsworthy]

I really appreciate this comment! Thank you

[@chancellorwilson5757]

Phenomenal video, you have quite the way with words!

[@jobsworthy]

Thats a lovely thing to say, thank you!

[@TCW_Consulting]

You referenced 'Empire of Pain' - well, you should should also read 'When McKinsey comes to Town' - eye opening to say the absolute very least.

[@jobsworthy]

Thanks for the recommendation! Ill give it a read for sure

[@ster2600]

MBB firms' commitment to shareholders? McKinsey and Bain do not have shareholders; they are partnerships.

[@jobsworthy]

You are right, I misspoke, I am going to pin a correction to the the top of the comments. Thanks for the input, I appreciate it!

[@blisark22]

I'm not willing to sell my soul for a piece of paper. Big consulting firms are the quintessence of the worst things going on in society

[@kprimbeatz]

still MBB for me 🙂

[@bdk88]

business ethics will not pay off your mortgage. thats all ill say

[@user-zw7nj2tl9y]

Boutique all the way baby!

[@jobsworthy]

Woop woop!