Comments (16)

Dec 28, 2018

Within each firm, there's a practice that runs the business of the consulting firm. Same with the banks and any business. There are people:

  1. Doing the business of the business (consulting, banking, pharma, tech, etc.). Meeting with clients, selling services, providing support to clients, developing leads, etc.
  2. Managing the business of the business (HR, Senior leadership, facilities, accounting / finance / treasury). I imagine these are considered BO
Jan 10, 2019

BO for MBBs would either be their Knowledge Centres in India (and wherever else they are located) or their analytics sub-companies such as Gamma for BCG and QuantumBlack for McKinsey. You may get some client interaction in the latter options but the main role is to make impressive analytics to support the main engagement team - seems pretty BO to me.

    • 3
Feb 19, 2019

EDIT: No need to prove anything.

Feb 19, 2019

False. Neither Gamma or QuantumBlack are Back office at all. They are staffed on client engagements just like any other consultants.

Array

Feb 19, 2019

Also in reply to @chicagomonkey , I'm basing the reply on my firm's analytics team and friends that work at MBBs. Sure, client interaction occurs but not nearly as much as the main consultants (which would be considered BO). And yes, you may get analytics heavy projects (e.g. a pricing analysis project) but in most cases the analytics would be used for A component of a project and therefore limited fixed exposure. Analytics teams are not usually staffed 100% on 1 project like FO consultants, they will often help in multiple projects.

Perhaps exposure changes at the senior level but this applies to other areas of firms considered BO such as HR.

Jan 10, 2019

standard business functions that are present in every business in the world (HR, Finance, Accounting, Facilities, Admin, IT etc). and then more specific jobs like knowledge center work (think the "expert" track) and graphic/layout design.

Feb 19, 2019

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Feb 19, 2019
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