The infamous Up-or-Out principle at McKinsey, BCG & Bain

In consulting, you either climb the ladder, or you're fired. That's essentially the "Up-or-Out" principle. But how does this actually work? We'll discuss what "Up-or-Out" means in practice.
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Timestamps:
00:00 Intro
00:16 The basics behind Up-or-Out
01:28 Performance Evaluation in Consulting
03:11 First Signs of Trouble
05:03 Counseled to Leave
06:37 Closing Guidance
layoff, #fired, #consulting, #mckinsey, #caseinterview, #consultant, #consultingfirm, #consultinglife, #case, #casestudy, #interviewquestions, #interviewprep, #bcg, #bain

[@somyaagarwal627]

amazing production quality

[@DrEhrfurchtgebietend]

This is a wildly, optimistic and positive representation of what's actually happening

[@CaseInterviewHub]

This is our long-term MBB perspective. But yes, currently it's definitely way rougher than usual. We'd be curious to hear more about your perspective!

[@kailianglf2]

I don't work in consulting but can definitely imagine it as an intense, fast-moving environment.
as uploader mentioned, consulting people are always kept at the edge of their comfort zone; akin to those nearing the bottom of maslow's hierarchy of needs, consulting folks may not have that luxury of tranquility, of projecting their normal state, of conducting one self with grace.
that said, given the fame and fortune involved, this trade would definitely attract people who prioritize advancement over lasting, cordial working relationships.

[@jimbojimbo6873]

You understand they don’t get paid insane sums right?

[@DrEhrfurchtgebietend]

@@jimbojimbo6873 per hour its less than a standard company wage doing a similar role. Its just you work 70-100 hours