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Finalta?

 
forum comment
#0 Finalta?
 
MikeTC
25.07.13 00:00
 
Hi all. Just wondering if anyone has any thoughts about Finalta? Any thoughts on the respectability of the brand? They seem keen to mention they're a McKinsey sub, but does the brand actually stand out well on its own in people opinion?Would it make a good place to break in to consulting? Obviously it's not comparable to MBB, but to the likes of big 4?Any thoughts on the work they do? I know the basics, but do they actually get involved in 'management consulting' or is it mainly analytics?Thanks to anyone who can offer any insight!
 
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forum comment
#0 RE: Finalta?
 
detoilet Consultant
25.07.13 00:00
 
I flew with them a couple of times to Helsinki - they were really expensive and I mean really expensive - still got there in one piece.DC
 
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forum comment
#0 RE: Finalta?
 
MikeTC
26.07.13 00:00
 
[quote]I flew with them a couple of times to Helsinki - they were really expensive and I mean really expensive - still got there in one piece.DC[/quote]Good to know ;)
 
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forum comment
#0 RE: Finalta?
 
MikeTC
26.07.13 00:00
 
Honestly, any comments welcomed, even if they involve airplanes!Any thoughts anyone?
 
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forum comment
#0 RE: Finalta?
 
MikeTC
28.07.13 00:00
 
*cough*
 
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forum comment
#0 RE: Finalta?
 
Bushy Eyebrow Partner
29.07.13 00:00
 
It would appear that they do benchmarking, not sure if that counts as traditional "consulting" as such? but looks like a nice company anyway!
 
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forum comment
#0 RE: Finalta?
 
MikeTC
29.07.13 00:00
 
[quote]It would appear that they do benchmarking, not sure if that counts as traditional "consulting" as such? but looks like a nice company anyway![/quote]Yea, I'm a bit worried about that. Might just be a waste of time, and seems tough to find any info on working for this company which again is a bit worrying. At the same time, they were very small until the recent acquisition, so that may be the cause."Finalta provides retail banks with fact-based analysis and practical recommendations designed to support rapid performance improvement."Depending on how you read that it could mean very different things =/
 
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forum comment
#0 RE: Finalta?
 
Bushy Eyebrow Partner
29.07.13 00:00
 
But when you read the next few sentences, it all becomes pretty unambiguous, don't you think?Finalta is the market leader in retail banking benchmarking... It works with senior management to provide an objective assessment of performance against peers... Finalta offers six annual benchmarks, covering bank-wide, channel, and segment topics...
 
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forum comment
#0 RE: Finalta?
 
MikeTC
29.07.13 00:00
 
[quote]But when you read the next few sentences, it all becomes pretty unambiguous, don't you think?Finalta is the market leader in retail banking benchmarking... It works with senior management to provide an objective assessment of performance against peers... Finalta offers six annual benchmarks, covering bank-wide, channel, and segment topics...[/quote]Yea, to be honest you're most likely right. Disappointing!
 
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forum comment
#0 RE: Finalta?
 
detoilet Consultant
29.07.13 00:00
 
Yeah just make sure you have a good exit strategy if you go for a career journey with them.Normally consists of 2 doors at the front two at the rear and another two over the wings. BEP will just point them out to you now.Who know's things may take off....how many puns can I get in this reply - i'm not even scratching the surface - best get my head down and do some work.It's a bit quiet on here at the moment most people will be on hols hence the lack of further insight from those normally in the know.DC
 
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forum comment
#0 RE: Finalta?
 
Bushy Eyebrow Partner
29.07.13 00:00
 
the exits are:<---- herehere ---->and here ^^^All routes lead to career success :)
 
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forum comment
#0 RE: Finalta?
 
abc123
29.07.13 00:00
 
I had a number of meetings with Finalta last year. All of the people I met seemed very good and it sounds like the business has some great plans. From what I understood, the McKinsey support will certainly help future expansion from an infrastructure perspective. Unfortunately the role wasn&apos;t quite right for me, but I had to think long and hard about it.
 
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forum comment
#0 RE: Finalta?
 
Bushy Eyebrow Partner
29.07.13 00:00
 
how many staff do they have?
 
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forum comment
#0 RE: Finalta?
 
MikeTC
29.07.13 00:00
 
[quote]I had a number of meetings with Finalta last year. All of the people I met seemed very good and it sounds like the business has some great plans. From what I understood, the McKinsey support will certainly help future expansion from an infrastructure perspective. Unfortunately the role wasn&apos;t quite right for me, but I had to think long and hard about it.[/quote]Hi. Thanks for responding, it&apos;d be great to get a little more insight if you don&apos;t mind.From your experience, did it appear that they were offering true &apos;consulting&apos; or purely performance monitoring? It&apos;s hard to tell from the website whether they are mainly just outsourced monitoring and performance reporting (with a bit of benchmarking), or whether they are actually advising their clients on how to improve performance etcetera?Thanks!
 
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forum comment
#0 RE: Finalta?
 
MikeTC
29.07.13 00:00
 
[quote]how many staff do they have?[/quote]I believe between 100-150 from what I&apos;ve been reading, but that&apos;s unconfirmed. Growing quite rapidly apparently.
 
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forum comment
#0 RE: Finalta?
 
abc123
30.07.13 00:00
 
Staff, around 30-40 when I was there last year. Unless they have gone crazy and tripled headcount in the last year, I think it will still be sub-100!My understanding was that a lot of analysis was completed in the UK, recommendations created, and then short trips were made to clients to present the results & advice...a bit different to the usual consulting arrangement.
 
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