Where your experience becomes your business.
If you're reading this, you must have an interest in consulting as a career. Consulting is an ideal career choice for experienced professionals who are ready to help others with their knowledge and expertise. However, not all consulting jobs are the same. In this blog article, I'd like to discuss some of the different consulting jobs out there, and talk about the pros and cons of each category. If you're interested in becoming a consultant, but you're not sure what that might look like, this is valuable information.
Like any industry, consulting is home to some big names. McKinsey, Deloitte and Accenture are just a few of the consulting firms that set the standard for the industry. What is it like to work for them?
Advantages
Big, important projects
Well-developed training programs
Plenty of work to be done
Disadvantages
A bias toward younger workers
Lack of innovation
Slow-moving action
An abundance of bureaucracy
These firms tend to be much smaller than the industry's big names, but they have made an impact by specializing in a particular industry or by utilizing a unique approach. Marakon and Katzenbach Partners are examples of firms that fit the “boutique” designation.
Advantages
Better, more direct access to senior consultants and leaders, which leads to greater opportunities
Greater potential for client contact and innovation
Disadvantages
Less exposure to different industries and situations
Less infrastructure and support
Fewer advanced training opportunities for new consultants
Some companies are so massive that they feature their own consulting divisions. For the most part, these companies (IBM and Oracle are good examples) use their in-house consultants to help them promote their products and provide education for the masses.
Advantages
Excellent training programs
Job security
Well-developed methodologies and procedures
Opportunities for those eager to advance
Disadvantages
High levels of bureaucracy and internal politics
Lack of product/solution diversity (you may be stuck offering your company's solutions exclusively when more appropriate solutions exist)
Overwhelming corporate policies
If you're looking for consulting jobs for your next career, you can't forget about the opportunities that are available by working independently. Going to work for yourself offers a number of unique opportunities and advantages.
Advantages
Complete control over your approach and your preferred strategies
The ability to work directly with clients and key decision makers
The ability to keep your profits for yourself
Disadvantages
Less support from outside entities
No established methods or training
Pressure to perform for the business to survive
If you've got your heart set on a career as a consultant, you have a number of opportunities available to you. Perhaps you're better suited to a career as a consultant for one of the larger, corporate firms or within a well-known company's own consulting division. Maybe you'll fit better within a “boutique” consulting setting.
If you're not sure where you fit in, I would encourage you to consider independent consulting jobs. Sure, there are some unique challenges associated with hanging out your own shingle, but the benefits of working independently are amazing. If you're concerned that you might not have what it takes to go it alone, the good news is that there's help available.
With the assistance of Ex3 Matters, you can enter the field of independent consulting without feeling alone. We have tremendous resources that can help you train yourself properly for your new career, and we're also home to a wonderful community of consultants who are always available to offer insights and guidance from the heart of this exciting industry.
Are you searching for a rewarding new career? Are you ready to learn more about consulting jobs? Let Ex3 Matters help you understand what it takes to work as an independent consultant in today's business world. To get started, download your free copy of Buddy Hobart's eBook, “Experience Matters.” Then, take a look at the exclusive Ex3 Matters Consulting Guides, which are also available at no cost to you.