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What are some best practices in networking with MBB partners?

Coffee Chat MBB McKinsey networking partnerreferral reaching out for coffee chat with senior people Referral
Neue Antwort am 17. März 2021
4 Antworten
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Anonym A fragte am 10. März 2021

How to approach the conversation? The intention is to create a lasting first impression and convincing a senior member of the firm to refer my candidacy to interview with their offices.

(editiert)

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Ian
Experte
Content Creator
antwortete am 10. März 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

There's so much on networking on this site! Highly encourage you to read through the Q&As further :)

General Networking

I can tell you what works on me as an ex-BCGer: Genuineness.

What doesn't work? Cheesy quartlery emails/LinkedIn emails pretending that they care about me when I know they just ultimately want a referral :)

My view? Networking is NOT about having lots of connections and business cards of people that you barely know. Networking is much more about building deep, lasting connections with people and having a reputation for good quality work. This gets built over time through consistent face time. Get involved in extra cirriculars, work events, clubs, volunteering, etc. From this you'll form deeper connections, which leads to real opportunities.

"Fast" Networking Tactics

Follow these immediate tips:

a) Reach out to people in your network

b) Reach out to people once removed from your network

c) Reach out to people with a similar backgorund to you (i.e. same alma mater, same historically underrepresented demographic i.e. gender, orientation, ethnicity, etc., same career switch, etc.)

d) Tailor a message to them specifically both showing interest in them and their journey and demonstrating that you have done your research and could be a valuable hire

e) Play "tag" across calls you get so that you can work your way towards the company/office/role you want

f) Never directly ask for a referral, but "hint" at needing one (this is nuanced and important...happy to talk through wording)

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Adi
Experte
Content Creator
antwortete am 10. März 2021
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
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Udayan
Experte
Content Creator
antwortete am 16. März 2021
Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience

Ian has captured many of the points in his answer. The key here is to leverage your existing network to reach out to people that have the most reason to help you. People you are most removed from (e.g., strangers on LinkedIn) also have the least reason to help you out as they do not know you.

I have many templates and resources in my guide to help with your networking goals. Feel free to reach out for a discount code.

Udayan

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Gaurav
Experte
Content Creator
antwortete am 17. März 2021
#1 MBB Coach(Placed 750+ in MBBs & 1250+ in Tier2)| The Only 360 coach(Ex-McKinsey + Certified Coach + Active recruiter)

Hi there,

Since almost 99% of all the applicants get rejected, networking and referrals can really help you!

Before COVID, it was popular to go to networking events, and anywhere where you could meet people with the same interests. Nowadays, networking is often reduced to LinkedIn connections and personalized emails, but some tips remain the same:

  • be honest and be yourself

  • Build relationships naturally

  • remove the pressure of proving yourself all the time

  • Don’t be pushy, don’t ask directly for a referral

Networking strategy:

1) If you contact 10 people, 5 will answer, 2 will agree to schedule a call, and maybe 1 person will stay in contact with you and eventually refer you.

Not everybody will be willing to help you. The problem is not you, so don’t let that put you down.

From the previous rule: contact more than 2 people to obtain replies.

2) First contact people you know- you never know who knows who!

3) Follow up with people you’ve emailed and they didn’t answer you until you get a yes or a no.

4) Prepare a strong CV.

In case one of the consultants is willing to help you, he/she might ask you to send your CV, and you should have it ready.

5) You should always be ready to pitch yourself.

Networking is about building strong and long-lasting relationships and having a reputation as a good worker. This kind of bonding requires commitment but also a real drive to do that, based on a real interest, not just the potential merit of a relationship. So be wise in choosing who you want to connect to and who not.

I'd like to point out:

  • your goal in networking is to schedule a call with a person. The call will be like a fit part of the interview where you'll be able to present yourself, understand whether you'd be a good fit for the company, and ask questions about the experience/company / any advice (which indirectly can mean the referral)

  • Consultants don't always have time to check their LinkedIn, so personalized emails are preferred if your target is a referral

  • However, if you're networking in the LI - try to find things you have in common and build your conversation around them.

  • Remember that even If now you're networking for your personal interests, one day you might help somebody from your network, too.

It definitely is going to take some time, but if you are going to apply 1 or 2 years from now, don't rush. Spend the time wisely and value the quality of the relationship over the quantity.

Hope that helps!

GB

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Ian

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#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
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