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This is actually Google's strategy with strategy. It's big enough that the kind of studies management consulting firms offer can be useful to the company, but i
by hkmurakami 12y ago
This is actually Google's strategy with strategy. It's big enough that the kind of studies management consulting firms offer can be useful to the company, but instead of hiring McKinsey to do a study, they just hire away their best young talent and have them join their internal strategy arm.
Considering that their associates bill at $1MM/year, hiring them away ends up being much cheaper.
- nostrademons 12y agoGoogle also has the brand name to do this. Leaving McKinsey to work at Google looks great on a resume, leaving McKinsey to work at a small or midsize company looks much stranger.
- hkmurakami 12y agoThus Google is/was the #1 destination for ex-McKinsey folks. Generally speaking, mgmt consulting attracts more risk averse people than otherwise, so this is somewhat natural (in fact, my risk-seeking friend who joined the firm was surprised that so many people were risk averse). But there are plenty of people who leave the firm to go to mid sizes places or places with less cache, but at a relatively high position in the corporate chain. They also leave to join growth phase startups as well.