World technique consultancy McKinsey & Firm has promoted a slew of recent affiliate companions in Sydney, with the bulk having arrived in Australia after kicking off their careers abroad.
With the worldwide consulting trade going through ongoing headwinds, the trail to companion on the world’s most prestigious administration agency is tougher than ever, particularly contemplating the upper barrier to promotions and the agency’s infamous ‘up or out’ coverage.
A quick scan of LinkedIn suggests no Australia-based professionals have been elevated to companion at McKinsey & Firm throughout its newest mid-year promotional spherical, though the agency has added a handful of affiliate companions in its Sydney workplace.
Whereas the pattern is a world one (McKinsey is reported to have decreased its partnership consumption from highs of round 420 in 2021 to round 200 at first of this yr), the opposite notable issue within the native promotions is the variety of imports. However at McKinsey, that’s not notably irregular with the agency a powerful advocate of world mobility and workplace transfers.
Amongst McKinsey’s newly-promoted affiliate companions, Aldo Ballarini (Italy), Ekaterina Kuznetsova (Switzerland), Sokto Sultimov (Russia), and Ella Nokes and Jessica Eyes (UK) all studied and kicked off their consulting careers in varied different elements of the world, earlier than then arriving to Australia over the previous three to seven years.
The one obvious exception is Alexander Dalton, a College of Queensland mechanical engineering graduate who joined McKinsey in 2021 after spending half a decade at Port Jackson Companions (since purchased by and not too long ago built-in into EY-Parthenon). On the flip aspect, Jonathon Black has been made an affiliate companion in London after beginning out as an analyst in Sydney.
In a reversal to Black, Ella Nokes, beforehand an affiliate with McKinsey in London who joined the agency in 2021 earlier than transferring to Australia two years later, now turns into an affiliate companion in Sydney, whereas compatriot Jessica Eyes joined the administration consultancy domestically in 2020 with a concentrate on digital transformations after starting her profession at Accenture within the UK.
Making her approach downunder in 2022, Ekaterina Kuznetsova first joined McKinsey in Switzerland six years earlier on completion of a masters in nanophysics with ETH Zürich (since including an MBA from INSEAD), with fellow affiliate companion Sokto Sultimov arriving from Moscow in the identical yr after having joined the agency in 2020 following an early 5 years at Oliver Wyman.
In the meantime, Additionally Ballarini, a finance masters-holder from the Luiss Guido Carli College in Rome with an MBA from INSEAD who works within the areas of buyer and development technique, has spent essentially the most time of the cohort in Australia, first becoming a member of McKinsey in Sydney in 2018 earlier than a three-year stint at HelloFresh and a return to the administration consulting large late final yr.
