finance

Profit vs. Positive Cash Flow

In every McKinsey engagement, there’s a moment when the senior client says to us, “Hmm… that’s interesting.” That is the moment when the client thinks to him or herself, “Okay, maybe the $1 million consulting fee was worth it.” You might be wondering what the McKinsey team says to the client that prompts that reaction. [...]

Why Ex-Consultants are Valued in Industry

Before I worked at McKinsey, I didn’t really understand why companies in industry really valued former consultants. I knew they did, but didn’t really appreciate why until I worked in industry for some time. The answer is simple. Ex-consultants are able to think through a problem in a way that 99% of people in industry [...]

Ex-Consultants vs. Industry Professionals

I just finished writing my monthly newsletter for my Inner Circle mentorship members. This month’s focus was on identifying and developing the skills that ex-consultants possess that industry professionals often lack. One of the recurring themes is that ex-consultants think and make decisions in a logical and quantitative way. Most industry professionals make decisions based [...]