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Advice for someone potentially considering industry to consultant move.

 
#1 Advice for someone potentially considering industry to consultant move.
08/10/2013 20:40

FR318

Hi All,

This is my first post on here (have browsed a bit), and I was just asking for any advice you may have about my situation.

Background: Mechanical Engineer from GATech who has worked 4 years in industry. I have been a Frac Engineer for Schlumberger.

Goal: I would like to expand past just Fracturing, however in Schlumberger (OFS), this is very difficult. I would like a broader take on the industry as a whole.

Situation: Basically I have a chance to move into the Schlumberger Business Consulting group. Consulting would be very new to me, which I’m OK with, however I am seeking the advice of some people that moved from industry to consulting and then back into the industry. The reason I ask is because I do like working in the industry, and there are 2 options I see:

1) I like consulting and stay in it for a while.

2) A possibility consulting for me a relatively short term (less than 5 years) position that will allow me to experience other aspects of the industry and then potentially move back into the industry in a segment other than just fracturing.

I have 2 questions:

1) What is the reputation of SBC in general?

2) Has anyone done option 2 above before? (Does not matter if it’s in Oil/Gas.)

Any feedback would be appreciated.

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#2 RE: Advice for someone potentially considering industry to consultant move.
08/10/2013 20:58

Tony Restell (Top-Consultant.com) to FR318 (#1)

It's been a little while since I've had dealings with anyone from Schlumberger Business Consulting group, however overall my impression of their brand and how they are perceived in the market is positive.

My own gut instinct is that if you can get some years of broader Oil & Gas consulting under your belt then you will become very marketable. Certainly other major brand consultancies are hiring actively in this space at present - and have been for many years. Consulting firms tend to pick up the most business from those industries and countries with the budgets to accommodate them - and that's certainly meant the oil & gas industry has been an important sector for many years (and is likely to be for many years to come).

If you decide you want to get back into industry, I would fully expect the years in consulting to be very beneficial - as in your case you'll be focused on that one industry - which is quite different from spending those years as a generalist somewhere. When I think of fast-track schemes at BP, Shell, etc. they typically involve moving around the business and learning about various aspects of the industry and the company. So broadening your experience with SBC in my opinion could only be beneficial to your longer term prospects in industry.

Hope this is helpful and good luck making the right call.

Tony Restell

Founder - http://www.Top-Consultant.com and http://www.Social-Hire.com

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#3 RE: Advice for someone potentially considering industry to consultant move.
08/10/2013 21:47

FR318 to Tony Restell (Top-Consultant.com) (#2)

Tony,

I appreciate the response. Pretty much what you described was the same thought process I had. Some other options for me within Schlumberger (OFS) were pretty much requiring me to be more specific in my knowledge, which I looked at as a downside. While SLB does train very well and I have learned quite a bit, they typically train you in one area.

The SBC opportunity opened up rather unexpectedly (and is not the norm for people in my position), and it seemed like a good chance to break free of that. Since I haven't really considered Consulting before, I was just reaching out for opinions. I really appreciate the advice.

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#4 RE: Advice for someone potentially considering industry to consultant move.
08/10/2013 21:50

Mr Cool to FR318 (#3)

+1 to Tonys advice - seems a good opportunity with a good route back to industry if you want it.

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