FIRST 100 DAYS Justus Buchen
At the end of my internship at goetzpartners, I was accepted into the Focus Internship Program and stayed in contact with my colleagues – when I joined the company permanently a few months later, this enabled me to benefit from an accelerated recruiting process. After a case study and interview, I had an offer on the table. And shortly afterwards I started the new job.
Welcome by my new-hire mentor; in the Munich office I meet some familiar and many new faces. I get to know other new recruits over lunch. Afterwards: I join the PE Practice Team, where I spend the next few days assisting with a Commercial Due Diligence (CDD). The week ends with the “Office Friday” get-together, getting to know more people over a late-afternoon beer on the patio.
I take over responsibility for a part of the CDD and analyze international competition in the market for phenolic resins. I discuss the results with my project manager and the responsible partner, and we discuss the next steps. Also on the agenda for this week is the two-day introduction training, which deals with topics such as Excel, PowerPoint, compliance and general admin.
The days become more and more intense as the end of the CDD approaches. We meet the high expectations of the PE fund on the customer side and receive good feedback for our work. A few days after the handover of my first CDD, the PE fund announces the purchase of the asset we have analyzed.
I travel with other new recruits to Lake Spitzing in South Bavaria for the international Joint Bootcamp. We spend the entire week together in workshops, and in training sessions on hard and soft skills, but there is also great conversation at dinner, and outdoor and team-building events. Despite the tough program, the week includes plenty of fun.
After another, somewhat shorter CDD, I am deployed to a transformation project in Guinea: my first assignment in Africa. The mandate of our project is to develop initiatives to increase profitability at a South African telecommunications group. The three of us in the deployment team each assumes responsibility for projects in different departments. The first few days are very intensive, but also super exciting - we interview all the department heads and have dinner with the CEO. At the weekend, we take a leisure trip to Dakar (Senegal). We work a schedule of 10 days in Guinea, followed by three days in Germany.
After landing back in Munich on Thursday morning, I take part in my first goetzpartners Ironman event. I secure 2nd place for our team in the run, giving us a good position in the overall ranking. On Friday, I have a dinner with my new-hire mentor. We talk about my first few weeks at goetzpartners and I gain some valuable pointers. It’s then time for a well-deserved weekend.
Back in Guinea, I assume responsibility for more of our client’s departments. I regularly discuss new initiatives and the status of ongoing projects with the project managers. The Steering Committee meets at the end of the week, and we present the current project status at the client’s head office in South Africa. After an intensive week, we attend a group game of the Africa Cup (Guinea vs. Ivory Coast) at the weekend with the CEO – an unforgettable experience!