How to be a top performer as a junior consultant at MBB?

Hi there,

Congratulations on the offer! In terms of your question:

Q: What do you think are the criteria/ commonly seen traits to become a top performer?

This is what I usually recommend for the initial months. You are probably already doing some of them but might be good to review:

1. Take notes during meetings/discussions with your manager – this will help you to remember details and will show the team that you care.
2. Always double-check. The first impression is very important when you join a new company: if you show you are reliable from the beginning, you will create a good reputation. Checks should be done on expectations for your job, your Excel analysis, your slides – basically everything.
3. Define priorities before starting any set of tasks. You want to identify the most important activities and prioritize them, applying the 80-20 rule. Align with your manager to define them at the start of the project whenever possible.
4. Socialize with your colleagues and start to build a network. A good start is key to develop good relationships long-term. Try to build connections in your first weeks with your peers to build a network.
5. Align with your team on your private life activities. You might want to organize some space for personal activities (sport/ friends/ family). It is better to align with your manager/teammates from the beginning on your core needs so that there are no surprises later­ on.
6. Ask for feedback every two-three weeks – this will show you are proactive and willing to learn.
7. Ask for help when you don't know what to do – better to let know you are in trouble with meeting a deadline than missing the deadline.
8. Be approachable and respectful to support staff – they are generally great people and influential in the company as well.

Best,

Francesco

Hi there, 

This is an excellent question!

And I love it because I almost got kicked out towards the end of my first year and then managed to turn things around and stay top quartile for the remaining four years at McKinsey. 

I distilled some of these learnings in two guides which you can read here:

• What being an entry-level consultant is like
• How is lifestyle in consulting

But basically, I'd focus on the following:

• Don’t stress about preparing for the job before actually starting it. At most, enroll in an Excel course. Otherwise, enjoy life, travel, and spend time with your friends and family. Your schedule is about to get packed really soon.
   
• Take risks at the beginning. Nobody is going to fire you for the mistakes you make in the beginning. The first six-month evaluation usually does not matter by default, so your focus should be on trying to learn as much as possible about yourself, your work, and your firm.
   
• Making everybody happy should not be your ultimate goal. To be able to do this work in the long run, identify your boundaries and preferences (e.g., working hours), make sure you stick to them, and politely communicate them to your team and manager.
   
• Find people who can guide you. These can be more senior mentors – such as Partners and Senior Partners – but they can also be consultants that are two years more tenured than you. Aim to make these relationships as non-transactional as possible and try to think of them as a two-way street where you are both learning from each other.
   
• Be open, flexible, and coachable. Show others that you are willing to learn, that you react to feedback and you are striving to get better. Compromise is an important element of progress in a corporate career, so your focus should be on things going your way most of the time, not all of the time.
   
• Exercise critical thinking. At all times, strive to understand why you are doing what you are doing, why is the manager asking for a particular piece of work, how your work fits into the overall story of the project and do your conclusions make any sense considering the wider context of the engagement. The most successful entry-level consultants tend to be those that have the best understanding of the context of their workstream and beyond.

Best of luck!
Cristian

Hi there,

Congrats for getting into such a competitive company!

First and foremost, please read this article!

https://www.preplounge.com/en/articles/tips-for-consultans

This is my consulting survival guide and will help you succeed on the job.

IMPORTANTLY: Know that no-one can perfectly prepare for the job and that's the point: You will mess up, you will learn, you will be trained and supported. That's OK!

Here are some things you need to do/demonstrate:

Master technical skills: Develop strong analytical, problem-solving, and quantitative skills. Excel in using tools and software commonly used in consulting, such as Microsoft Excel, PowerPoint, and any relevant industry-specific software.

Be a fast learner: The consulting industry is fast-paced and ever-evolving. Be adaptable and willing to learn quickly to keep up with the latest trends, industry developments, and client needs.

Prioritize client focus: Always be attentive to the needs of your clients and strive to deliver exceptional value. Be proactive in identifying potential issues and provide well-thought-out solutions.

Develop strong communication skills: Effective communication is essential in consulting. Be clear, concise, and articulate in both written and verbal communication. Work on your presentation skills and practice active listening.

Build relationships: Foster strong relationships with your team members, managers, and clients. Be a team player and collaborate effectively with others. Networking within the firm and with clients will be invaluable for your career growth.

Time management and organization: Juggle multiple tasks and deadlines efficiently, and prioritize your workload effectively. Be proactive in managing your schedule and ensuring that you meet project deadlines without compromising quality.

Seek feedback and continuously improve: Actively seek feedback from your managers and team members, and use it to identify areas for improvement. Embrace a growth mindset, and continuously work on refining your skills and overcoming challenges.

Be resourceful and take initiative: Demonstrate the ability to think creatively and find innovative solutions to problems. Don't be afraid to take on new challenges and responsibilities, and always be ready to contribute beyond your assigned tasks.

Maintain a positive attitude: Be resilient and maintain a positive attitude, even when faced with setbacks or difficult situations. Stay professional and composed under pressure.

Demonstrate leadership potential: As you gain experience, show your potential for leadership by mentoring and supporting new team members, taking on additional responsibilities, and displaying confidence and competence in your work.

Be objective-driven: Always make sure that what you are proposing and/or doing is relevant to the case/project you are working on.

Leverage What You Learned When Casing to Thrive on the Job

Third: In terms of doing well in your role when you're there:

1) Understand the context/prompt (what role are you in, what company, who's watching, etc.)

2) Understand the objective (what, specifically, is expected from you...both day to day, and in your overall career progression)

3) Quickly process information, and focus on what's important - Take a lot of information and the unknown, find the most logical path, and focus on that.

4) Be comfortable with the unknown, and learn to brainstorm - think/speak like an expert without being one

In summary, there will always be a flood of information, expectations, competition etc. and not enough time. Find out which ones matter when. (i.e. be visibile and focus efforts on the things that people care about)

Sense of ownership. Don't just do what you are told, but act as if you own the problem (i.e. be able to suggest how to solve problems, support other people, take initiative, communicate often when facing any issues, etc.)