| Topic Name: |
Back Bay/Kendall Strategies |
| Message Name: |
Sparky...little more help? |
| Date Posted: |
09/29/2003 |
| In Reply To: |
I don't know Back Bay Strategies, but Kendall strategies does focus on healthcare, particularly biotech. However, Kendall is more of a market research house than a strategy consulting firm. I would ask specific questions in your interview to make sure that there is actual market analysis going on there and that your "consulting" job isn't really two years of you conducting phone surveys.
Here's what I would look for in a small firm:
* Is the firm growing, and growing consistently?
* What is the firm's turnover? What percent of the firm left last year? If the number is more than about 15% of employees, watch out.
* Talk to people at your level. Are they happy? How long have they been at the firm? Are there clear examples of people being developed or promoted?
* I would also ask many questions for (or about!) senior management.
* How many people generate revenue for the firm? More is better.
* Are you impressed by the partners? Do you think that you could learn from them?
* In the smallest firms, the personalities of leadership matter a whole lot. If you get any suspicion that the company's leader (president, managing partner, whatever) is not trustworthy, move on.
Good luck.
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| Message: |
Sparkytheclown,
Thanks for the input. You mention that Kendall was more research than analysis. How would that affect downstream opportunities. I have a Ph.D. in life science with some limited Bus. Dev. exp. and am trying to break into consulting. Is it worth trying to get my foot in the door (if given the opportunity) or will a market research position pigeonhole me as I try to move forward.
Thanks!
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