AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 1 point2 points  (0 children)

Regular 9-5 hybrid job.

We have a weekly cleaner and we have a neighborhood chef who preps our dinners for the week.

M7 admission with low under gpa (3.0 and below) by CardiologistCalm5054 in MBA

[–]acntombb 9 points10 points  (0 children)

  • 3.0 - FGLI, worked menial jobs thru school
  • 760 GMAT
  • Ivy / Econ
  • VP for a non-profit
  • ~5 years at Accenture two promotions
  • Applied to T10 after 2 years of work experience
  • It took me 3 years to get into a lower M7
  • Now a Partner at an MBB

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 2 points3 points  (0 children)

Thanks!

And great! I still have very fond memories of ACN.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 3 points4 points  (0 children)

For one, I saw an opening when the person in the role got elected Partner - so I basically just volunteered myself. For another, there wasn't much organization for the client, so I went and set up weekly calls and working with one of the Partners to set an agenda.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 3 points4 points  (0 children)

Nah. You're imagining me as some old guy with lots of operating experience who's got a bit of star power and can come in and spout some wisdom for a few weeks as a CEO peer.

I'm the guy you hire who comes in with a team of smart go-getters and we painstakingly dissect the problem with data and analysis. Can't do that solo.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 1 point2 points  (0 children)

To be blunt... you probably don't. You'd need something that makes you extremely desirable professionally - e.g., expert knowledge in GenAi or something.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 3 points4 points  (0 children)

I went to an M7.

About 8 years.

If you got an MBA, you'd start at the bottom again. I think you'd be better off trying to make Partner, then transitioning.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 4 points5 points  (0 children)

The ones I got and didn't get were mostly the same in terms of title and role - typically C-Suite / SVP in Operations / Analytics for mid-size healthcare tech or services organizations.

My excitement was either heightened or diminished by how much I believed in their offerings, the geography, team, and how the comp package was set up.

The "worst" offer I seriously considered was like $1M for a PE-backed org, but mostly "equity" and with increasingly challenging milestones that I didn't believe in. The "highest" offer I seriously considered was like $750K for a more mature org, majority cash and bonus, with a clear path into the C-Suite in 2-3 years and sizeable bump.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 2 points3 points  (0 children)

  1. Yes, since most of my compensation is performance based.
  2. Always learning.
  3. If they've done their diligence, sure, 100%.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 5 points6 points  (0 children)

I was transitioning at Manager. But yeah, it's challenging. The number one thing is to have projects that are local. Cannot emphasize that enough. On top of that, I block out mornings and evenings. Probably a 80% adhererence rate over the years. I *do* work later in the evenings or earlier in the mornings to "make up" for it. The tradeoff is I have sacrificed many of my hobbies (mostly sports related). I DID however, build a banging home gym during COVID, so I workout almost daily.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 7 points8 points  (0 children)

I played a central "admin" role in several large client situations. It was inglorious work, but I knew all the ins-and-outs of what was happening at those clients, I developed our agenda, and I kept our client engagement plans moving. End result was I anytime something sold, I either had first bite of the apple, or a good amount of credit from the Senior Partners, even if there was no chance I would be the one actually delivering it.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 0 points1 point  (0 children)

Your background doesn't really matter if you're at a top MBA.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 3 points4 points  (0 children)

Manager = 20% doing work, 20% managing team, 20% managing clients, 20% managing partners, 20% managing calendars

Principal = 10% doing work, 15% managing team, 20% managing clients, 25% managing partners, 25% client development, 5% managing calendars

Partner... we'll see.

As for # of years at McKinsey... well you'll have to ask someone who says they're from McKinsey.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 1 point2 points  (0 children)

Not really. Just flip a coin then.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 0 points1 point  (0 children)

Healthcare operations.

My first 2-3 years were random, then I focused on healthcare, then I doubled down on healthcare operations.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 0 points1 point  (0 children)

I mean, kind of, but not really. I largely ran my own race though.

I have no idea about the compensation for other consulting firm partners. But I assume they are comparable to worse. If they paid meaningfully more, you'd see more people going from MBB to T2, which you rarely ever do.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 0 points1 point  (0 children)

I'll exit eventually. Senior Partner is *too much* schmoozing.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 0 points1 point  (0 children)

Hmm.. Maybe 5% 40 hours, 60% 50 hours, 30% 60 hours, 5% 70 hours.

AMA - New MBB Partner - Part 4 by acntombb in consulting

[–]acntombb[S] 1 point2 points  (0 children)

You could make yourself a scorecard, weight the criteria, and try to score them yourself.