Company: KPMG
Date: 2020-06-25
Overall rating: 3/5
Employment status: former
Experience level: Junior

Management Consulting:  Highly Siloed
Pros: Good training and benefits; Offices in most large cities.
Cons: (1) Comp metrics and review process relies on the same few metrics for all consultants across the entire firm--which is a strength and a weakness. If your team is a strong one great. If you are joining to build up or to turnaround a practice, the metrics are applied inflexibly. (2) Cultural and metrics-caused silos creating disincentives to work with consultants outside your own partner's team. This can effect the quality of the work if the best resources are not located within your partner's work team (3) compliance rules necessitated by the company's audit practice effectively mean you can't consult to about 1/5 of the Fortune 1000 economy that use the company's audit practice and you and your spouse will be continually monitored with respect to what you invest in, where you bank, etc etc. For those starting out, this is not much of an issue. For those experienced hires with a complex investment portfolio, and who have a set of prior business relationships they want to market to, be aware. Culture, metrics, and compliance challenges are typical of other big four firms, but for experienced hires coming from non-big four professional service firms, the adjustment is material. (4) When selling new work the race to apportion "sales credit" metrics among the participants is a contact sport. (5) Firm worldwide organizational makeup is a hindrance to winning multi country consulting engagements. Ask your hiring partner to describe the "worldwide organization" and how it works together or the percentage of his team's revenue that depends on cross boarder engagements.