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Vault Message Board: Management and Strategy Consulting

Topic Name: Back Bay/Kendall Strategies
Message Name: Good luck
Date Posted: 09/29/2003
In Reply To: I'm still in the fact gathering stage and have an interview set up next week so I can't actually say whether its a better opportunity. Currently, I work in licensing at a University and my exposure is in very early stage technologies and limited to those discovered in my small world. Nonetheless, its a great job and has given me a decent foundation in evaluating technology, developing licensing strategies, negotiating etc. My reason for applying to this position was to gain a broader exposure to the biotech/pharm industry. I think I could benefit from working on different projects and getting closer to the "real needs" of the pharm/biotech industry. Also, I think it may be important to get outside of the Ivory Towers so as to diversify my resume. Ultimately, I would like to transition into VC (like everyone) but I realize that these positions are hard to come by. I would be equally interested in pursuing a career in marketing. Truth be told, its a little premature for me to be getting into so much detail before knowing more about the position, but your input has been very helpful. As I gain more info, I hope you will allow me to bounce more questions off you. Thanks for everything. Do you mind my asking what you do? I have noticed that you seem to be know a lot about the biotech/pharm industry.
Message: Tbox, I think your job search strategy is well thought out. I think that Kendall or a firm like them would be a good transition job for you. Getting out of the ivory tower is a good idea IMHO. Kendall should offer some skills that are transferable, and contacts that are indispensable. Worst case, it's a two-year stint until you find an industry job [in market research or decision support?]. Best case, you'll love the firm and grow and develop there. In answer to your other question, I am an executive in a consulting firm. My expertise is in the pharmaceutical industry.

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