BostonOliver Wyman.ppt

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1、BOSTON EDITION,The Unauthorized Guide,Welcome to Oliver Wyman!,Congratulations!The interviews are over,contracts are signed(sign-on bonuses deposited),and you can now sit back,relax,and enjoy yourself kind of.As former new hires,we all know how stressful it can be to start a new job and move to a ne

2、w city.So weve tried to take a little bit of that edge off for you in assembling this Unauthorized Guide for Consultants.In this guide,you will find three sections:Moving to Boston,Working at Oliver Wyman,and Living in Boston.Weve tried to address some of the basic categories of questions that we al

3、l had prior to working at Oliver Wyman like:Where should I live?What should I wear my first day?Do I really have to go through those training materials?What is this beach time I keep hearing about?(Hint:it involves no swimsuits or sunscreen)Im freaking out about the real world and badly need a cockt

4、ail,where should I go?Hopefully this guide will address some of your main concerns,but there will obviously be unanswered questions.Go ahead and reach out to contacts youve made through the recruiting process,or ask someone in recruiting to put you in touch with someone to get those questions answer

5、ed.Above all,RELAX.Yes its scary,yes there are a lot of unknowns,but we all survived one way or another and you will too!Congratulations again.We cant wait to have you join the Oliver Wyman family!-Oliver Wyman Consultants Past&Present,BOSTON EDITION,The Unauthorized Guide,Moving to Boston,The city

6、of Boston and its surrounding towns(Cambridge,Brookline,Somerville,Charlestown,etc.)are organized by neighborhoods,each with a unique feel,providing a wide variety of choices when looking for a place to live.Typically,the closer to the center of the city(and the office)you live,the more expensive re

7、nt will be.As you venture further from the city center,living space grows and rent falls,giving you a spectrum depending on what youre looking for and willing to pay.In this guide,weve tried to give you some insight into some of the more popular neighborhoods amongst the General Consulting Group(GCG

8、-non-partner consultants),along with the advantages and disadvantages to whatever real estate decision you make.,Comparison of Boston Neighborhoods,Where GCG Live,Neighborhoods:Walking Distance to the Office,The Feel:Charming,posh brownstones and lots of shopping and restaurantsPros:Close to the off

9、ice(and almost everything else),good public transportationCons:More expensive,smaller unitsGood to know:Easy access points to running on the river and around the Commons,BACK BAY,The Feel:Hipster,up-and-coming area,with lots of restaurants and barsPros:Neighborhood feel with gorgeous brownstones;clo

10、se to officeCons:“Up-and-coming”so safety is still mixed;can feel very empty at night;limited public transportationGood to Know:Safety/gentrification decreases as you move farther from Columbus,SOUTH END,The Feel:Sophisticated,urban professionalPros:Quintessential Boston charm with quiet areas and m

11、ostly local shopsCons:Smaller apartments;expensive places for everyday conveniences(Whole Foods is the main supermarket),very difficult parkingGood to Know:If you order a split box frame,the guys from Sleepys will know exactly where youre moving!,BEACON HILL,Neighborhoods:Along the Green Line,The Fe

12、el:Youthful and collegiate areaPros:Close to Fenway Park;balance of lower price and good location;college area with a lot of bars and young peopleCons:No large supermarkets nearby;farther from the office than Back Bay,South End,and Beacon Hill,but closer than Allston or CambridgeGood to Know:Landmar

13、k Center mall nearby;last underground stop before the green line branches out,FENWAY/KENMORE,The Feel:Lots of BU and BC students and young professionals looking to save moneyPros:Much cheaper rent and nearby stores to cater to its cost-conscious population;there are also some great restaurantsCons:F

14、arther away,public transportation(B-line)is slow,and generally a less safe areaGood to Know:Easier place to have a car,ALLSTON/BRIGHTON,Neighborhoods:Cambridge,North End,and Outer Boston,The Feel:Large diverse area with many neighborhoods and areas with their own feel(Harvard,Central,Porter,Davis,In

15、man Square)Pros:Housing can be cheaper;young and fun;has everything you need(many Cambridge folk insist theres never a need to go into Boston except to get to work)Cons:Red line is not very convenient to the office;generally farther(if you go out in Boston those late night cab fares add up!0 Good to

16、 Know:#1 Bus is a great means of transportation into Boston(straight down Mass Ave),CAMBRIDGE,The Apartment Hunt,Apartment Hunting MethodsBrokersEver think,“I wish I could just pay someone to do the apartment hunting for me?”A broker may be for you.Brokers may know more about whats on the market tha

17、n is publicly available/on Craigslist and are useful if you have limited time/resources to search.Some brokers(there are tons):Boston Realty Advisors(ask for Chris McDonald),A&S Realty,Coldwell Banker.Also,along Newbury there are a ton of offices that you can walk into(they wont turn your business a

18、way!).Downsides:Brokers charge fees(usually between half to a full month of rent).Also do your background check on brokers some have a reputation for being less than honest.Housing WebsitesHousing websites like Craigslist(www.craigslist.org)can be a great go-to alternative to using a broker.Whether

19、you are looking for a full lease,sublet or a roommate,you will find lots of options listed by neighborhood.Many listings are posted by brokers read carefully!.Other reliable sites include:H(http:/Downsides:Quality of apartments,roommates,and landlords can vary dramatically,so you may spend a while l

20、ooking.Sometimes“no-fee broker”apartments are really“full-fee”apartments that are intentionally mis-listed:beware the bait and switch!NetworkingIf you can manage it,one of the best ways to find an apartment is through friends,classmates,relatives,co-workers,religious groups,etc.Ask around!On footWal

21、king around the area youd like to live in is good for getting the feel of a neighborhood,but unlikely to be fruitful in terms of actually finding a place to live.Notes on TimingStart looking for an apartment at least two months before the date youd like to move in.Most leases begin in September,so i

22、f you start in July or January you may need to sublet initially.Act fast especially for a September 1st lease,if you wait,the apartment will be taken.Boston has huge housing turnover each year as the student population leaves before or after the summer this is also a good time to check Craigslist fo

23、r free/cheap furniture.,The Apartment Hunt,Questions to think about when deciding on an apartment:Affordable Is the rent affordable?Are the stores,shops,gyms,movie theaters and bars in the area affordable?(No matter what they say ahead of time,most people spend their money in nearby establishments i

24、.e.higher rent in nicer areas adds up in many ways).Management Company Does the building appear to be well maintained?What do neighbors say about how long it takes to get something fixed?Are they helpful/responsive to your questions?Transportation How close is the T(subway)or bus?Conveniences Are th

25、ere nearby supermarkets?Some Boston neighborhoods are charming but have only cute local shops for day-to-day needs(e.g.Beacon Hills only supermarket is a Whole Foods).Parking Whats the parking situation like?Does the apartment include parking?Resident permits require Mass plates cost of Mass insuran

26、ce?(Do I really need a car?most consultants would say“no”).Utilities Who pays for utilities?And how are they powered?Gas is cheaper than electric,and oil fluctuates along with OPEC.What is the average winter utility bill for the unit?Can you control the heat in your unit?Neighbors Does your building

27、 rent to students?Though frat boys can be adorable,when theyre breaking things in your hallway at 3am they become increasingly less cute.Crime What is the crime rate like?Call the local police office to double check,as your landlord could be less than honest on this one.Brokers are legally not allow

28、ed to comment on the safety of a neighborhood.Ask residents or passers-by if they feel safe there.,BOSTON EDITION,The Unauthorized Guide,Those First Day Jitters,First Day:You will receive an email 1-2 weeks before starting that lays out your initial schedule,so dont worry if its a few weeks away and

29、 you havent heard anything.It will come!Where Will I Be?You will be in your home office for the first day regardless of whether your are a summer or full-time consultant.The remainder of that week you may head to a different office for 1 or 2 weeks for Toolkit training and social events.What Do I Br

30、ing?Just yourself and the identification materials needed for some paperwork,along with any paperwork you didnt mail in.What Do You Need:Will Need:Luggage-A small rolling suitcase that fits into the airline overhead compartments is the main piece of luggage youll need.If you go on longer assignments

31、,you may need something bigger,but a good small suitcase is a worthwhile investment.You will use it!Good brands are:Travelpro,Briggs however,we strongly encourage everyone to review these materials.We will spend more time on these topics once you start work,but this should give you a great start.Rec

32、ommended Reading:In addition,you should review Oliver Wyman intellectual capital through the publications listed on our recommended reading list.You will not be quizzed on the material,but it can be useful to familiarize yourself with the topics and industry jargon you will be hearing.,Attire,The Ol

33、iver Wyman office is business casual and most clients are business casual as well.Day One should give you a pretty good feel for the general dress code of the office.Look to other GCG and base your decisions on what you observe.,Note:These are actual Oliver Wyman employees,not paid celebrities.,Busi

34、ness Casual In general both men and women tend to stick to some combination of the following for business casual:Dress pants/skirtsButton-down shirt/blouseSweater,twin setSuits We follow the dress code of the client,so if your client is business formal,youll be expected to wear the same(always a goo

35、d thing to ask before starting a case).Nevertheless,this is definitely rare and the number of suits you have already from recruiting is probably enough.Jeans Friday On Fridays that dont involve a recruiting event(theyll be very clear when those days are),youre allowed to wear jeans.Youre still expec

36、ted to look neat(no flip flops and t-shirts,and no ripped jeans even if you overpaid a designer to fashionably tear them for you).A collared shirt and/or sweater with jeans is generally fine.In general,just use common sense.You dont want to be noticed inappropriately for something youre wearing.Dont

37、 be that new consultant!and always remember,no New York Yankees hats(in or outside the office)!,Staffing can be one of the more stressful parts of your job,but the most important thing is to RELAX.You will get staffed.It may not be your dream assignment,and you may not go to your dream location righ

38、t away,but be patient.Do well on your cases!The best way to have some say in your staffing assignments is to make others want you on their team.Build a skill set and a good reputation,and the good cases will come.That being said,do not lie or exaggerate your skill set especially in the beginning.Int

39、erviews are over and youre already hired.It will only hurt you to say youre an expert in SQL if in reality you saw your lab partner work in it twice.Some of the worst experiences by new consultants are when they claim to know more about a topic or software program than they actually do.I.e.If youve

40、never opened an Excel spreadsheet,tell staffing!Youll be much happier in the long run.On the other side,tell staffing what youre good at and what skills you may have.If you are a wiz in Excel,dont hide that it can definitely help you get staffed faster.Similarly,if you are fluent in a language,make

41、that known also(however,being able to ask wheres the bathroom in Italian will not necessarily get you sent to Florence for a case trust us,weve tried).Be upfront about your concerns.Youll probably be scared of most assignments when you first arrive(we were),but if youre particularly concerned about,

42、say,a quant-heavy case,interviewing,or a particular location(e.g.the Middle East)make that known.While staffing cant always accommodate your concerns,they can do the best they can to place you in an environment where you feel as comfortable as possible.However,be flexible and willing!Staffing will l

43、ike you a lot more with a“can do”attitude rather than a long list of“nos”and demands.And remember,many cases that dont sound as glamorous end up being the best experiences for their case team members,so dont blindly write-off assignments based on how they sound.Remember,every case is a learning expe

44、rience,good or bad.Fill out the staffing pages and bios as soon as possible(once you start working that is).Skills&Preferences profile,PowerPoint bio,and uploaded resume all help staffing gain better insight into your strengths and background.Especially in the beginning,this will definitely help you

45、 get staffed faster.Be nice to the Staffing Team!Ann Laaff and Jen Thomas will ultimately decide what you get staffed on,so being obnoxious and/or difficult will not help your cause.A lot of times assignments are based on luck of your timing,such as when you roll-off another case,etc.They try to mak

46、e fairness a top priority.They know you are there and are pleased that youre willing and eager to get staffed,but be patient.That being said,an inside source tipped us that Ann has a sweet tooth and loves baked goods and chocolate of any shape or kind not a bad way to lead into a casual conversation

47、 about your staffing situation come with gifts,Staffing,Beach Time,The“beach”is the consulting term for unstaffed time between cases(sorry if you had higher expectations for the term).Its a great time to catch up on appointments,catch up on sleep,and generally just catch up on life.But be aware that

48、 you are expected to be available to be re-staffed at a moments notice.Different people approach the beach in different ways,especially depending on how long youve been at the firm.Be mindful of what people tell you about how to act on the beach because everyones situation is different.While you may

49、 spend very little time in your career on the beach(especially Summer Interns),it is definitely the area where new hires have a lot of questions.Here are some classic Dos and Donts for your time on the beach:DOsEnjoy yourself!The beach is a great time to take it easy and de-stress.Youll be looking f

50、ondly back on that time once you get staffed on a busy case.Check in with Ann It is good to occasionally check-in with Ann and make sure she knows youre available.Staffing contracts may change,so its good to make sure everyones on the same page.Ask around and see whats out there(both from Ann and ot

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