Who You'll Work With
You’ll be based in London, Paris or Munich and will be part of McKinsey's Transformation (MT) practice. You will serve on a client engagement team to help clients in their corporate restructuring efforts.
MT is a unit of McKinsey, founded in 2010, that focuses exclusively on holistic transformations and corporate restructuring. We help clients drive rapid and dramatic performance improvement, plus provide a full suite of services to support companies facing liquidity issues or insolvency. To do so, we pair experienced professionals who are drawn from industry, private equity, and the restructuring ecosystem with our firm’s global network of industry and functional experts. We are doers, and we work closely with clients to execute the steps needed to achieve extraordinary performance improvements.
MT has two service lines: Turnarounds & Transformations (T&T) and Corporate Restructuring (CR). While the T&T service line focuses on driving rapid performance improvement for any business with significant performance improvement potential and an aspirational leader (ranging from distressed to “good to great” situations), the CR service line focuses on leading complex corporate restructuring programs at companies facing acute performance issues, liquidity concerns, potential covenant violations, and other issues that are destabilizing to the enterprise.
What You'll Do
You will serve clients by leveraging a holistic, execution-centric approach, providing interim management and transformation leadership capabilities.
To achieve proven results, you will apply all levers, not only cost (but also including revenue, strategy, organization, and capital). Your client engagements will often span 12-24 months, and they will include three phases: Independent Diligence Phase (6-8 weeks), Bottom Up Phase (6-8 weeks), and Implementation (6-12+ months).
You will combine a strategic perspective with disciplined implementation to identify the strategic, operational, organizational, and financial levers that will deliver rapid and dramatic client impact. You will apply the firm’s results-oriented and proprietary MT processes which is backed by tools, benchmarks, and methodologies. You will have the opportunity to work in both T&T situations, driving holistic turnarounds, and CR situations, assisting clients in deep distress.
When you join McKinsey, you are joining a firm whose culture is distinctive and inclusive. We will accelerate your development as a leader to create positive, enduring change in the world.
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Qualifications