McKinsey & Company, Inc. is a leading international management consulting firm with over 90 office locations in over 60 countries. It is one of the most respected and renowned organisations in the world and has been consistently ranked as the leading employer of choice at MBA schools across the world.
We advise top management of the world’s leading companies on issues of strategy, organization and operations. Our mission is twofold: to help our clients make positive lasting and substantial improvements in their performance and to build a great Firm that is able to attract, develop, excite and retain exceptional people.
Core to delivering on our client mission is McKinsey’s network of industry and functional practices, which play an important role in developing practitioner and institutional capabilities, developing and managing our proprietary knowledge, and providing content expertise. The backbone of the network is McKinsey Knowledge Centre (McKC).
The Product Development (PD) team at McKC is one of the Centres-of-Competence (CoC) for the Firm. Product Development is a fast growing practice globally with several distinct service lines. We help our clients achieve profitable organic growth by improving productivity and effectiveness of their product development system (15-30% time-to-market improvement, 20-40% development cost reduction, program stabilization) and by working directly to create higher-value products and services and more attractive product lines (10-30% margin uplift, >10% revenue increase). Client engagements span most industry sectors with a concentration in Automotive, Assembly, Aerospace, Industrials, High-Tech, Telecom, Pharma and Medical Products. We conduct over 300 engagements each year in over 25 countries. Over the past year, the CoC supported by the DTV (Design to Value) labs in Chennai, New Delhi and Taipei has become the core global knowledge and delivery hub for the PD practice.
McKinsey Knowledge Center, India is looking for a Senior Analyst with past experience in Product Development. The person would be expected to spend most of his/her time working as part of McKinsey client service teams across the globe on product development-related topics and take lead in knowledge management. S/he would be located in either Taipei, Taiwan; however, would be required to travel extensively to serve clients onsite.
The senior analyst would grow into a Specialist role, leading teams of analysts and senior analysts on client projects. Career growth from there on could be either on a expert track focusing on content leadership or a managerial track focusing on people leadership. High performing individuals are recognized for fast-track upward movement in the Firm.
The senior analyst would spend significant part (~85 %) of his/her time working onsite as part of consulting teams helping solve complex client problems in product development domain. This work includes (and not limited to) rationalizing product design based on competitive teardown analysis and customer insights; helping client teams estimate product should cost be based on clean sheet costing (and hence design a low cost product); working on new product development arena reducing new product development time, cost and quality attributes; carrying on survey to understand improvement aspects of the organization to support an efficient and effective product development and improving thereof to built a sustainable capability for the R&D organization for clients, etc.
The remaining time (~15%) will be spent on developing cutting edge knowledge related to the PD domain, developing team to deliver CSTs requests and in delivering specialized remote services to clients.
The senior analyst will be expected to perform the following roles:
This is a global role (cross geography, cross industry) and would work well for those who truly envision themselves growing into ‘experts’ within the PD domain.
- Work on various product development engagements, provide expert client service (product teardown analysis, clean sheet costing, new product development quality, cost and time optimization, R&D strategy development and tracking R&D performance) for various industries
- Support development and maintenance of various practice knowledge initiatives (build Firm’s knowledge on product development related topics)
- Develop PD team to deliver right first-time, effective and efficient way