We are witnessing the slow death of the prestige career | Alice Lassman
White-collar work is at risk across the board, including at elite consulting firms that used to be a pathway to the 1% Consulting is a
White-collar work is at risk across the board, including at elite consulting firms that used to be a pathway to the 1% Consulting is a delicate contract: endure two challenging, formative years – and in return, get a golden ticket to anywhere.
Firms like McKinsey tout themselves as the “ CEO factory ”, and boast they’re “ not surprised ” to be consistently named the best place for future leaders. The skills they promise to build – synthesis, sharp analysis, crisp communication, client-readiness, hypothesis-driven thinking – have enticed every generation’s top graduates.
Get an offer from a place like this, and everything else will fall into place: about as clear a guarantee of future success as you could get fresh out of a bachelors. These firms spent decades marketing themselves as production houses of excellence, and until recently, they were.
Alice Lassman is an economist who writes The Intimacy Economy, a Substack and forthcoming book on the economics of connection, care and relationships Continue reading...
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