| Topic Name: |
Hate Banking.. Want Consulting |
| Message Name: |
It's the opportunity that counts |
| Date Posted: |
10/01/2003 |
| In Reply To: |
"Depends on who you are working for" means
1) The partner/job manager. Some are really good at structuring work/analysis, and points the team in the right direction. Others, not so good...they are aimless, tend to ramble, and torture the team by "boiling the ocean" for answers. If you get the latter, you spend a LOT of time going down wrong paths--which means your analysis ends up being moot in the morning when they (partner/job manager) change their minds.
2) Clients--those who engage MC firms with clear end goals/deliverables in mind tend to be easier--because you are bound by the engagement letter. Those who hire MC for open ended reasons ("we don't know why it's broke/doesn't work") tend to have more open ended problems that require you to spend a lot more time testing/thinking...which may be interesting, but a lot of the time you just keep shaking different trees and seeing what falls out.
I don't know which companies have smaller % of "throw-away" work...I can only comment on my experiences so far.
Hope that helps.
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| Message: |
It is refreshing to get a real point of view from someone who has seen both sides of the fence. I have often heard the views of Consultant_123 regarding both industries. It seems that banking is somewhat better at the end of the day, as there is more "stability" and less "traveling". Although for the intial years of your career it can be exciting to travel alot, this can quickly wear out.
However, both industries are very different in substance, but at the end of the, if you are interested in what you do, and have a good manager to help you grow, you can be successful in either. I would be interested to see whether Consultant_123 agrees. Consulting does have one upside however, and that is the project aspect of the job. If you have a particularly bad manager, it is only a temporary thing. However, if you have a bad manager in banking, it is much more difficult to move out of his/her management and affect your career for many years unless you are nimble enough to switch out of the team. Would you agree Consultant 123, and I would be interested to know why switched from banking to conusulting..assuming that is what you did.
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