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BCG Final round - Lateral hire

Hello everyone ! I am going to the final round for BCG. I am a lateral hire with 8 years of experience. One of the question I have been asked is : what Would be the challenge for you joining us as a lateral hire ? I guess I have answered properly but I'd like to better know the challenges if they ask me this again. Any advice ? 

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Gero
Coach
on Mar 06, 2024
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 25+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer

Hi Julie,

Happy to provide my perspective as a former BCG Lateral Hire Interviewer.

First, It is important that you understand the background of this question, that means why it is being asked.

Situation
As lateral hire you are “thrown” into a working system where you have, compared to regular new hires, less time to come to speed with the way a consulting firm operates: How is the team coordinated, how is the client relationship being managed, how are internal stakeholders like Partners managed etc.

Complication
Since you are joining at a higher level, you need to effectively support the team as soon as possible despite that disadvantage. 

Question
That is why the interviewer would like to inquire if you have a solid understanding of what your consulting work will entail and how it differs from what you have done previously.

Second, let us look at what a good answer would include.
Essentially, you should be able to tell the challenges (answer the question directly) in order or priority (what is most challenging). You could then explain in more detail what fundamental skills and experiences you could already develop or demonstrate in the domain of that challenge - do not sell yourself short. However, demonstrate some awareness of the specifics of the ways of working in consulting by pointing out to some gap. If possible, provide initial ideas on how you will bridge the gap (e.g. by seeking feedback on client interactions from Partners to get their senior perspective).

Some further tipps
1. Make sure to tailor your points to the position that they offer to you or that you have applied to. E.g., differences in team leadership are much more relevant if you join as Project Leader than if you join as Consultant.
2. Reach out to your network and talk with active BCGers about what your role would entail to deepen your understanding. Besides roles and tasks, be aware of the high workload and time pressure.

I hope that could help. All the best for your 2nd roud!

Best,
Gero

on Mar 06, 2024
#1 rated MBB & McKinsey Coach

Julie, 

that's a great question that you could theoretically also ask them in return. 

I would lead with honesty here. Meaning, do say what your core concern is, BUT make sure that you're also mentioning how you'd address it. 

Then, one very useful thing you can do before the interview is to chat to a few existing consultants who were also experienced hires and who have a similar background to yours. 

Ask them what challenges they had and how they addressed them. Then you can even mention in the interview that you did that. They'll love it. 

Here's how to identify these consultants via linkedin and set up chats with them:

Best,
Cristian

Ian
Coach
edited on Mar 07, 2024
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi Julie,

Nice work getting past screening and the first round!

The biggest challenge in my view is that strategy consultancies don't do much analytical work and are not experts in their field.

We would frequently make recommendations that I disagreed with, because my expertise in the field contradicted their view.

Take that for what you will (good or bad - there are reasons). But the hardest thing was letting go of the best/right way to do things and letting go of my knowledge/know-how when working with generalists on a project that involved my career expertise.

Now, you asked about the challenges…but not what you should answer.

What you should answer depends on your resume, but a “safe” answer is going to be around ramping up in the consultant speak and ways/of working/thinking (zooming up/out)

Pedro
Coach
on Mar 07, 2024
Bain | EY-Parthenon | Private Equity | Market Estimates | Fit Interview

It's really about learning the ropes on a new type of job.

You need to show that you are humble, willing to learn from others and “trust the process”, and understand the differences between your current role and your new consulting role.

But to be honest, it may be wise to ask them that same question :)

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