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Big or small firms - a dilemma.

 
#1 Big or small firms - a dilemma.
06/01/2003 00:00

Natalie Johnson

Dear All,

My aim throughtout university has been to enter the strategy consulting field. Having graduated with a first I have a few interviews with firms (not specific strategy houses). However, in the meantime I am working for a small firm that has a knowledge management solution that we are currently implementing in a major investment bank. The firm is very successful and the client's seem to keep rolling in. They have offered me a permanent contract with the possibility of moving into a large management consulting firm in a few years as a specialist in their software for the financial sector.

I am concerned that if I stay with the small firm I will be drawn down a track too focused on technology and operations - which is not where I want to be - as well as not experiencing enough project diversity. But at the same time if I join a large consulting firm I will not get the hands-on experience I am currently experiencing, and am liable to get spat out if the sector takes a new dive.

Would appreciate any thoughts, views and guidance.

Many thanks.

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#2 Re: Big or small firms - a dilemma.
08/01/2003 00:00

headhunter

Hi Natalie

My personal advice is to try and get to a big firm now that you have some experience under your belt. Small firms can provide you with quicker learning and give you more specific skills, but they are risky. Bigger firms are better looked at on a CV for the rest of your career. If you have the chance now to move to a bigger firm do it. There are always less chances to get into a blue chip that they are to work for small boutique firms. That is my advice and what I would do if I was in your position.

Good luck

Headhunter

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#3 Re: Big or small firms - a dilemma.
08/01/2003 00:00

headhunter

Hi Natalie

My personal advice is to try and get to a big firm now that you have some experience under your belt. Small firms can provide you with quicker learning and give you more specific skills, but they are risky. Bigger firms are better looked at on a CV for the rest of your career. If you have the chance now to move to a bigger firm do it. There are always less chances to get into a blue chip that they are to work for small boutique firms. That is my advice and what I would do if I was in your position.

Good luck

Headhunter

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#4 Re: Big or small firms - a dilemma.
08/01/2003 00:00

Sean Healy

Natalie

I think that getting good operational, technology and hands on experience is a wonderful way to build skills. Most of us dream of "strategy consulting" at one point or another, but it is the strategists who have been in the trenches and understand people, processes, and organizations that are most effective. The ability to understand the difficulties of implementation will make you a better consultant and thinker....and therfore better able to propose effective strategies.

good luck

Sean

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#5 Re: Big or small firms - a dilemma.
13/01/2003 00:00

Richard

First define your short/medium term career aspirations: Learning og work tasks.

Big firm: Tap into large pool of knowledge, get less responsibility and (maybe) less exciting work tasks. Small firm: Tap into small pool of knowledge, get more responsibility and (maybe) more interesting work tasks.

RR

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