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Consultant - Product Development

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McKinsey & Company

18d ago

  • Job
    Full-time
    Entry & Junior Level
  • Consulting
    Product
  • Hamburg

AI generated summary

  • You need a Master’s, experience in product development, leadership skills, mobility for European assignments, strong analytical abilities, and excellent communication skills in English and local language.
  • You will solve client problems, conduct analyses, develop recommendations, participate in training, and gain expertise in operations through varied engagements and on-the-job coaching.

Requirements

  • Master’s degree and exceptional academics required
  • Initial experience in product development (e.g., product optimization/value analysis, leading R&D projects, technical supplier management)
  • Proven record of leadership in a work setting and/or through extracurricular activities
  • Mobility and enthusiasm for taking on European assignments during the work week
  • Exceptional analytical and quantitative problem-solving skills
  • Ability to communicate complex ideas effectively, both verbally and in writing, in English and local office language

Responsibilities

  • You will play an active role in problem solving for clients including identifying issues, forming hypotheses, designing, and conducting analyses, and synthesizing conclusions into recommendations.
  • As part of our two-year Operations Excellence Program (OEP), you will work on client engagements in the same way as any other McKinsey consultant.
  • You will gain leading edge operations and consultancy skills, primarily through on-the-job coaching, which will be complemented by the OEP’s structured capability-building program.
  • During your first few years with the firm, you will serve as a junior practice specialist on multiple client engagements and work with a number of colleagues and clients in a range of industry and operations service lines.
  • You will acquire the necessary knowledge and expertise to help companies achieve excellence in their operations.
  • Along with other members of the OEP community, you will dedicate many days to functional training and knowledge development under the leadership of our operations experts.
  • You will follow a curriculum based on operations excellence themes and will receive advanced training in one of six specific areas of operations manufacturing, product development, purchasing, service operations, supply chain management, or capital excellence.
  • Upon completion of the program, successful consultants will join our global group of leading experts in operational excellence.

FAQs

What is the main focus of the Consultant - Product Development role?

The main focus of the role is to assist clients in solving complex operational challenges related to product development, including developing strategies for market fit, margin improvement, and brand reputation enhancement.

What kind of training will I receive as a Junior Consultant in the Operations Excellence Program?

You will receive on-the-job coaching and participate in a structured capability-building program that includes functional training tailored to operations excellence themes.

What qualifications are required for this position?

A Master’s degree with exceptional academic records is required, along with initial experience in product development and a proven record of leadership in professional or extracurricular settings.

Is mobility required for this role?

Yes, the role requires mobility and enthusiasm for taking on European assignments during the work week.

How will my performance be evaluated during the program?

Your performance will be evaluated through your contributions to client engagements, your ability to solve problems, and your participation in training and development activities within the Operations Excellence Program.

What career opportunities are available after completing the Operations Excellence Program?

Upon completion, successful consultants will join McKinsey’s global group of experts in operational excellence, with opportunities for advancement from associate to partner levels.

Can I apply if I don’t have experience in product development?

While initial experience in product development is preferred, candidates with strong analytical skills and a demonstrated ability to lead in other settings may still be considered.

In what languages must I be proficient?

You must be able to communicate complex ideas effectively in English and the local office language.

How should I submit my application?

Your application should be submitted in English and include your CV and transcripts, showing all relevant grades from high school and university.

What is the duration of the Operations Excellence Program?

The Operations Excellence Program is designed as a two-year opportunity for personal and professional development within McKinsey.

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McKinsey & Company

Business Consulting and Services

Consulting
Industry
10,001+
Employees
1926
Founded Year

Mission & Purpose

McKinsey & Company is a global management consulting firm. We are the trusted advisor to the world's leading businesses, governments, and institutions. We work with leading organizations across the private, public and social sectors. Our scale, scope, and knowledge allow us to address problems that no one else can. We have deep functional and industry expertise as well as a breadth of geographical reach. We are passionate about taking on immense challenges that matter to our clients and, often, to the world. We work with our clients as we do with our colleagues. We build their capabilities and leadership skills at every level and every opportunity. We do this to help build internal support, get to real issues, and reach practical recommendations. We bring out the capabilities of clients to fully participate in the process and lead the ongoing work.

Benefits

  • Occupational Accident Insurance

  • Mental Health Care

  • Vision Insurance

  • Health Insurance

  • Life Insurance

  • Flexible Spending Account (FSA)

  • Retiree Health & Medical

  • Disability Insurance

  • Dental Insurance