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McKinsey CEO Bob Sternfels says AI is changing how the firm views the perfect job candidate

Landing a job at McKinsey & Company has never been easy. The firm has long been known for recruiting top talent from top schools and leading industry experts.

AI, however, is forcing the firm to rethink the types of applicants it considers in the hiring process, CEO Bob Sternfels said.

On Harvard Business Review’s IdeaCast podcast this week, Sternfels said the firm used AI to analyze its past 20 years of hiring data to understand where it may have overlooked talent for its coveted class of partners.

The firm found that applicants who had setbacks and recovered were more likely to become partners. So, now, Stenfels said, the firm looks for resilience in its interview process.

“It turned out we had some bias in our system,” he said, adding that the firm was too focused on whether candidates had “perfect marks” instead of how they bounced back from difficulties.

In December, the firm promoted about 200 employees to partner — one of the smallest classes in years, The Wall Street Journal reported. In 2022, it promoted about 400 people to partner.

McKinsey partners typically earn under $500,000 in base pay, but they can expect to earn hundreds of thousands more in bonuses and profit sharing.

McKinsey receives about 1 million résumés annually. In 2024, the firm told Business Insider that it planned to hire about 1% of applicants, in line with 2023.

The firm’s spokesperson also said at the time that it looks for “distinctive students just starting their careers” and experts in industries ranging from technology to finance to law.

The company also looks for strong problem-solving skills, which it gauges through a game-based assessment called Solve.

To help candidates prepare, the company offers candidates resources ahead of time.

“This helps to ensure candidates from any background — regardless of whether they have exposure to resources like consulting clubs — can demonstrate their distinctiveness in our process,” the firm told Business Insider.




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Women at the top are exhausted and burned out, according to a McKinsey and Lean In report

Women are hitting the top of the corporate ladder only to find something waiting for them: exhaustion.

According to a report published Tuesday by McKinsey and LeanIn.org, a nonprofit founded by Sheryl Sandberg, burnout among senior-level women is the highest it has been in the past five years.

Around 60% of these women said they have frequently felt burned out at work in the past few months, compared with 50% of senior-level men, per numbers from the “Women in the Workplace” 2025 study.

Women who are newer to leadership roles are feeling the strain more acutely. Among senior-level women who have been at their companies for five years or less, 70% reported frequent burnout, and 81% said they are concerned about their job security.

“These high levels of concern align with research that shows women often face extra scrutiny when they’re new to organizations and have to work harder to prove themselves,” the report said, adding that Black women in leadership face exceptionally high burnout and job insecurity. “In contrast, when women and men in leadership have longer tenures, their levels of burnout and job security are quite similar.”

The report, an annual study of women in corporate America, surveyed 9,500 employees across 124 companies between July and August. The study also includes interviews with 62 HR executives and company-reported data from 124 organizations that together employ about 3 million people.

LeanIn.org launched a study with McKinsey in 2015 to track how women progress through the corporate pipeline and where companies fall short. The group is named after Sandberg’s 2013 book “Lean In,” which sparked a national debate about women’s ambition, leadership, and workplace equality.

This year’s findings paint a bleak picture for women at the top. Senior-level women who are hesitant to advance their careers say they see a steeper path forward compared to their male counterparts. Eleven percent of senior women who don’t want to advance say they don’t see a realistic route to promotion, compared with 3% of senior men. And 21% say more senior-level people look burned out or unhappy, nearly double the share of men who say the same.

It’s not because women are less committed — the report found that women and men are equally locked in. What differs is the desire to keep climbing, per the report.

The data shows a clear ambition gap: 80% of women want to be promoted to the next level, compared with 86% of men. That gap is widest at the beginning and the top of the pipeline — 69% vs. 80% at the entry level, and 84% vs. 92% among senior leaders.

This is the first time in the report’s 11-year history that women have shown lower interest in promotion than men, it said.

This gap in ambition to advance falls away “when women receive the same career support that men do,” the report added. In other words, companies are responsible for creating the burnout problem for women.

“This is only happening in the companies that aren’t doing the right thing when women get the full support and the same stretch opportunities. They’re not leaning out at all,” Sandberg said in a Tuesday interview with Bloomberg Television.

“What’s happening is that women face more barriers at every level of the career,” she added.

More companies are cutting back on DEI and support for women

Even as companies say they are committed to diversity and inclusion, at least one in six have reduced the teams or resources behind those efforts, the report said.

About 13% of employers have pulled back or eliminated women-focused career-development programs, and another 13% have cut formal sponsorship programs, which play a key role in helping employees advance, it added.

“Women overall are less likely to have sponsors — and this really matters. Employees with sponsors are promoted at nearly twice the rate of those without,” the report said.

The report also found that companies are rolling back remote and flexible work options, which can hinder women’s ability to stay and advance in their careers. One in four has scaled back remote or hybrid work arrangements, and 13% have reduced flexible working hours over the past year.

At the same time, the report said that women who work remotely most of the time are “less likely to have a sponsor and far less likely to have been promoted in the last two years than women who work mostly on-site.” Meanwhile, men receive more similar levels of sponsorship and promotions regardless of their work arrangement.

At the entry level, a stage where advocacy and visibility are essential, women are also less likely than men to receive stretch assignments and other opportunities, the report added.

Last year, the “Women in the Workplace” study found that more women were advancing to senior leadership roles. By 2024, women held 29% of C-suite roles, up from 17% in 2015.

However, progress fades at the entry and management levels, per the report. “For every 100 men promoted to manager in 2018, 79 women were promoted. And this year, just 81 women were,” it added.




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