Lessons Not Learned - UK Management Consulting Firm Overhiring, Not Training

 Seven minutes ago this popped up on Fishbowl Consulting:

"Hi Everyone- I’m a recent grad and about 18 months into my career with a well respected security cleared level consultancy in the UK. I’m having issues as they’re hiring far too many graduates now without the work to go with it and I fear that my learning and development isn’t where it should be."

And this was after all the global woe about overhiring during the pandemic/bypassing employee development and now the Stalin-like purge of Knowledge Workers. Those not yet axed suffer high angst. Any expected bounce-back hasn't happened in professional services around the world. Not in management consulting. Not in most of finance. Not in much of law, with the exception of Paul Weiss which has been buzzy because 1) It is hiring 2) It has not been laying off, and 3) It did not overhire during Covid.

Obviously lessons have not been learned. Both seasoned talent and new entries to the workforce are caught in a man-made employment insecurity crisis.

In addition, generative AI will probably finish off lots more jobs in professional services. This week McKinsey released this report "Generative AI and the Future of Work."

Data or the gut for your careers and communications? Both of course. Complimentary consultation with intuitive coach, content-creator, and Tarot reader Jane Genova (text 202-468-8579, janegenova374@gmail.com).


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