Management Consulting
topic on 8 shows · 12 statements across 12 episodes
the Y Combinator Startup Podcast 
the Pitch 
the Knowledge Project 
the Neon Show 
WTF is with Nikhil Kamath 
Capital Allocators 
TBPN 
20VC
12 statements about Management Consulting, every show
Chesky: Great Leadership Is Presence, Not Just Delegating
“Great leadership is presence, not absence. I think a generation of management consulting, or management school, management teaching, taught us that CEOs should trust their people and get out of the way, and I don't think trust and get out of the way are the sa…”
Jindal: Startups usually avoid hiring MBAs and management consultants
“Startups usually do not hire people with like MBAs and who would come from management consulting for their, in their mind you guys, you know, all about process and data and analysis, but as a startup, you do none of that, right? A startup is all about taking a…”
Grantham: Management consulting work is typically very superficial
“The difference between what we thought we knew, which were many layers of the business, and what they knew, which was, to us, extremely superficial, let me know by the first week that consulting was like that, that it was a quick once-over, and typically very …”
Management consulting gainshare agreements are a scam
“A game share agreement is a management consulting scam where you claim a certain percentage of the cost savings you identify in year one.”
Gibson: Starting in consulting before moving hands-on benefits most careers
“I think for most careers, if you start like that, and then go into something where you're a little bit more hands-on, it's a really good way to start.”
Deshpande: Top management consulting teams cost ₹2+ crore per month
“Couple of crores a month for a good team.”
Yin: At higher levels, management consulting is all sales
“In general, I prefer operators, but I would say this is entirely a partnerships and sales game, and at the higher levels of management consulting, it's all sales, right?”
Post-crash tech attracted genuine computer enthusiasts, not profit-seekers
“Like it was pretty much people that just liked computers would be my assessment had nothing to do with financial. Seeking financial gains. Cause again, if you do that, you do management consulting, you do, there's a bunch of other options. And so it was kind o…”
Tristan Handy: Management consulting skills are mostly useless at early startups
“And then the hard thing, honestly, for a consultant was to figure out like how to make myself useful in this context, because the majority of the skills that I had learned to this point in my professional career were like, not that useful. Like I wasn't the pe…”
Saroya: Professional Services' High Returns Are Temporary and Mean-Revert
“The risk adjust returns to being in professional service is like, Managing consulting or banking or private equity are great. But you know, because they're great, I view them as like temporary. And so, you know, I'm looking at it and I'm like, in the long run,…”
Great investment ideas are useless without stakeholder buy-in
“Management consulting is actually excellent for process and being able to take a institution or a group of people through a decision, you know, and so, Advocating for a recommendation. Those are really important skills because you have, you can have the most f…”
Turner: Consulting work directly prepares venture capitalists for deal evaluation
“The consulting work was probably a little bit more transferable in the sense that, you know, as a consultant, you spend one to four months at a time looking at an industry and hopefully learning just enough with just enough of a different viewpoint than the co…”