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Topic Name: What "stuff" do new employees need?
Message Name: True . . .
Date Posted: 01/08/2006
In Reply To: It is a bit biased from someone who just didn't believe much in the value of consultants. Its silly to say the motivation behind the book is bitterness from not getting into HBS or McKinsey.. I just find that to be a ridiculous statement. I suppose the guys who wrote Monkey Business were bitter about how things turned out for them in terms of B-School and which IB they ended up at. Oh, wait a minute.. They went to HBS/Wharton and worked at DLJ. I guess they were bitter that they didn't up at KKR or Carlyle? Must be. I think its pretty evident that the industry isn't all roses and cherries. I worked in banking over the summer and the "value-add" of a banker wasn't much more than loud laughing and back slapping. My friends who worked at consultancies repeatedly told me they couldn't believe clients were paying the money they were, given the "methods" they used to come up with some of their "findings and results". Now i'm not saying the book is completely accurate, but I think there are several incidents and anecdotes in that book that many consultants can relate to.
Message: but (if I remember right) he does devote a chapter's worth of space to how he didn't get into McKinsey and how jealous he is of the McKinsey-Harvard influence in the corporate world.

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