I'm relatively young and I'm getting towards the end of my Apprenticeship. I believe my trade in particular is on the older side compared to carpenters and electricians. So this seems like it would suggest a solid decade of strong wage growth. On the other hand, the study suggests that modular construction would eliminate the need for many skilled trades.
I've been doing mostly tilt ups and commercial remodels through my plumbing apprenticeship. Mid rise housing seems to be the only field where modular really seems capable of really eliminating the need for skilled labor at this point in time. I'm only seven years in construction and my trade and the industry I'm in are very narrow, but it just doesn't seem like the industry is really ready to have a 41% reduction in the work force.
I figure people on here might have a better sense of things.
I have some personal reasons for choosing mck, but am concerned about being in implementation instead of being a generalist. My bcg and Bain offers are both for generalist consulting positions.
How different is implementation from generalist consulting at mck? The partners are trying to sell me that ill have the exact same ability to be staffed on short term strategy projects and that it’s actually an advantage to be aligned to a practice this early.
My response was that if it’s not that different, then just change me to a generalist. They originally agreed to change my offer, but now they are backtracking and saying it’s impossible to switch to generalist at this time.
So all in all, should I even still be considering mck? Is implementation truly the same as a generalist (this seems far fetched)
All offers are for us cities.
Very good document to read to get the full picture of ADAS market.
As the complexity and costs of new SW-driven functions, e.g., for AD or connected cars, are huge, we see increased cooperation to share costs or speed up development. Even close competitors, such as BMW and Daimler or GM and Honda, are now working together, especially in the field of AD, to share the high development costs. For EVs, Volkswagen announced their openness to share their EV platform with other OEMs. Also, tier-1 suppliers and OEMs are intensifying their cooperation and are building strategic partnerships. For example, engineers from Daimler and Bosch are working together, colocated in two locations to develop HW and SW for AD.
OEMs are also moving closer to strategically important tier-2 suppliers and tech companies and are using directed-buy or “direct buy” (by OEM) mechanisms for the sourcing of key components, and to gain access to IP, shape IP development, or secure critical supply. We see this, for example, for high-performance computing chips and other potential breakthrough technologies like LiDAR. These partnerships sometimes include financial investments by the OEMs. For example, for reasons stated above, Ford invested in the LiDAR company Velodyne. Also, tech companies are becoming a growing focus of OEMs. Volkswagen and Microsoft, for example, are building an automotive cloud platform together, a partnership that also signifies the move by players currently focused on consumer (electronics) into the automotive space. Besides Microsoft, Google has launched Google Automotive Services, including a partnership with and first deployment at Volvo1 , while Samsung has shown interest in entering the automotive space with the acquisition of Harman. Not surprisingly, those companies primarily aim at infotainment and connected services with a direct link to the customer, yet they might move further down into other domains over time.
We also see the formation of ecosystem
... keep reading on reddit ➡Marvin Bower made McKinsey into the preeminent consultancy that it is today. Part of that was based on holding McKinsey to extremely high ethical standards, And he led by example. Bower sold his own shares back to the firm at book value so it could remain private. He could easily have sold at some huge multiple of earnings had he not done that.
My question to my fellow consulting redditors -- espeically those who actually have experience working at The Firm -- has present day McKinsey lost its ethical way (e.g. Gupta, "tubo-charged" opioid sales, and so on), or have there just been a few bad actors?
I posted here 5 years ago about Deloitte consultants coming in and wasting my company's time and money:
https://www.reddit.com/r/consulting/comments/47z9u0/are_management_consultants_really_smarter_than
https://www.reddit.com/r/consulting/comments/4by64c/update_on_those_deloitte_bumblers/
Funny how this shit works with you people. The VP from Deloitte transferred out (couldn't cut it) some time ago and a new VP came in... from drum roll McKinsey! And so of course HE wants to bring in HIS friends to find prod improvements. So here I am going "here we fucking go again".
Well, turns out I was mostly wrong. They brought in some real experts, had real in the trenches experience, people who actually knew the difference between PISS and piss. They had a respectable list of prod improvements off the bat - now, 50% we already did, 25% we already proposed and got shot down, but hey 25% wasn't bad. I'll give them credit where its due in pushing through some changes we'd been wanting for a while.
We were just talking about how amateur McKinsey made the Deloitte people look and I suddenly remembered these threads. So I'm back, and in short, my apologies for bunching all of you's together. Some of you aren't idiots! Cheers.
Mckinsey Craft Co. builds handmade overland drawer systems. There’s videos on YouTube of people receiving them and a couple various forum posts about their high quality and good value.
In July I decided to purchase one. I contacted Michael, the owner, and put down a deposit. He told me mid October as a shipping date estimate. At the beginning of October I sent an email asking if everything was still on track, and he said the drawers should be ready to ship by October 21st.
That date comes and goes. A week later I sent another email and he lets me know that there’s been some shipping difficulties and he will get it out mid next week by the latest. That reply was sent on November 4th. It never shipped. I’ve sent a few emails asking if there’s any updates but have not received a reply for now a month. He does continue to post on the company Facebook page.
I am fully aware of the craziness that is shipping at the moment. I also genuinely hope that he is simply overwhelmed at the moment. However since there is nothing but positive experiences posted online at the moment I wanted to make sure my experience thus far is made available so that people can make educated decisions on whether they want to place a deposit.
I will update this post if I end up receiving the order. Fingers crossed.
Just because it's old doesn't mean it's bad. Take a look at this article from McKinsey Global Institute and let me know what you think - content, structure, etc. I personally like the simplicity of the charts and the clean logical structure. Also fascinating to see which industries were focused on then vs. now. https://www.mckinsey.com/~/media/mckinsey/business%20functions/economic%20studies%20temp/our%20insights/service%20sector%20productivity/mgi_service_sector_productivity_report.pdf
Hello, I left McK behind in 2019 and booked a Honeymoon trip to Hawaii accidentally using my old McKinsey discount code. Given the lack of rental cars in Hawaii, I’m nervous if I come clean that I no longer work there, they will forfeit my reservation. I noticed the email from Avis now says “This reservation was made using a Corporate Avis Worldwide Discount Code that requires validation of eligibility. Please be prepared to produce your company ID, business card, or a recent email with the company’s email domain for employment verification purposes when picking up your vehicle”
Am feeling anxious I’ll get found out! Does anyone have experience proving employment recently when renting a car in Hawaii? How hard or easy?
The defendant set a booby-trap by loading a vending machine with dynamite to protect his property. He probably reasoned that a thief who sought to take a few dollars out of a vending machine forfeited all *110 rights, including the right to live. (Source in comments)
In 2017 Seattle filed a lawsuit against Opioid manufacturers claiming drug users living on the streets were there due heavily to the drugs they were selling:
>City Attorney Pete Holmes says, "We estimate that 80 percent of the people living in our most challenging (homeless) encampments throughout the city have substance use disorders."
in 2018, McKinsey reported that it wasn't the drugs, but economic growth driving homelessness on Seattle streets.
>Affluent coastal cities, such as Seattle in King County, Washington, are experiencing a downside of economic growth—rising homelessness.
Fast forward to 2021. It turns out McKinsey created that "homeless" report to cover their own asses for their liability in opioid litigation.
Is the new mayor and council any less likely to fall for such stupidity going forward? The previous council relied on drug manufacturer marketing propaganda to pass taxes. Taxes that would then be used to pay for the problem McKinsey and the Pharma companies had a major hand in causing.
Hello all! I was hoping to ask you for your opinion with regards to a career progression between two positions I have access to. I'm incredibly torn and have to make a decision fairly quickly, with significant pros and cons to both, hence why I would really appreciate any advice or insight you might have. I'm 26M in London UK, studied economics and then a masters in management, then worked as a derivatives risk and pricing specialist at Bloomberg for 3 years.
TL;DR: large fintech sales manager vs McKinsey associate in risk
I now find myself with the following:
- an offer on the table from the London Stock Exchange Group as a sales manager in fixed income analytics - £95k/50% bonus, with a potential to go up to £125k / 100% in two years. They just bought a data analytics product and just building up the sales team. There is potential to grow into a team leading position as the team is looking to more than double the headcount in 2022.
* Pros: I would be just two notches down from the CEO with a lot of room to create my strategy, travel, and grow as a person and professionally. I've already established a great rapport with my potential direct report, who's very skilled and from whom I could learn a lot, as well as with other team members who are also quite knowledgeable and I'm sure would make great colleagues. This position would amount to taking all that I've done so far and increasing the scope and breadth, like making a jump of 2-3 years of career all at once and would put me in a great position 2-3-5 years down the line. Finally, the compensation would also be much higher here, essentially doubling my current salary.
* Cons: exit opps, being this focused as fintech sales this early might run into the potential to stifle further growth later on in case I want to get more breadth and up. I fear the only way up would be in sales or product. Moreover, this would be product-specific, and coming from Bloomberg a portion of my skills are tied to the product and thus barely translatable anywhere else.
- Final round in McKinsey as an associate in the risk practice - compensation of £85k + 10k and then your typical progression in consulting. I applied to McK directly as risk to increase the chances of getting called back. Although the application is for an associate role, at this stage they might either reject me at the final round, offer an associate position, or an entry level with a fast track towards associate. Then there's the whole argument for
... keep reading on reddit ➡
Rubio contends that in July 2020, the firm told him that neither the Chinese government nor the Chinese Communist Party was ever a McKinsey client. The senator also reported that McKinsey repeated its assertion to his advisors in a March 2021 Zoom conference call. Yet in a September 2020 court filing relating to Valaris, an offshore drilling company, McKinsey disclosed its work for the "Chinese government."
HoneyX is an all-in-one website and mobile application for adult content creators and their patrons and is powered by its very own cryptocurrency, the $HONEYX token. See our site: honeyx.io
HoneyX was developed by a team with work experience in some of the most prestigious companies in the world (including McKinsey and Goldman Sachs), to solve issues plaguing the adult content industry -- notably a lack of promotional support for creators and lack of anonymity around transactions.
Whitepaper detailing our mission: https://honeyx.io/whitepaper/
Token Holders:
✔️ Entitled to platform profits, distributable every quarter.
✔️ Provide input into major project decisions
✔️ Have access to staking and farming privileges.
🐳 Anti-whale and Anti-bot | Fair launch (NO presales!) | 100% community governance | Solves real use-case | fully DOXXED team | Liquidity LOCKED 🔒
👪 Team, Reserves, Airdrops (23%) | Marketing and promotions (7%) | Product development (7%)
Audit: https://honeyx.io/wp-content/uploads/2021/07/HoneyX-audit.pdf
Key Roadmap Goals:
Q4 2021 - Web Platform Launch | NFT Marketplace
Q1 2022 - Mobile App Launch | BeeX token release for staking 🐝
Stay in the loop 🔁
🌐 Website: https://honeyx.io/
📫 Telegram: https://t.me/honeyxofficial/
🎮 Discord: https://discord.com/invite/m56HNrD65Z/
💸 Price: https://charts.bogged.finance/?token=0x015804F45B4b465F364821623d04814fb9c68302
Verifiable on BscScan: https://bscscan.com/token/0x015804f45b4b465f364821623d04814fb9c68302
Traded on PancakeSwap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x015804f45b4b465f364821623d04814fb9c68302
