{ "media_type": "text", "post_content": "Anyone know what it’s like to exit from LS consulting to a Product Manager role at an LS tools company (like a Thermo Fisher)? Is the work similar to LS consulting, and would the pay be a step up or down from consulting?", "post_id": "616c71f80636f200351d8b2e", "reply_count": 6, "vote_count": 2, "bowl_id": "5ae46a9f9f9aa00018cc41d5", "bowl_name": "Life Sciences Consulting" }

Anyone know what it’s like to exit from LS consulting to a Product Manager role at an LS tools company (like a Thermo Fisher)? Is the work similar to LS consulting, and would the pay be a step up or down from consulting?

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Really interested in this as well

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Not a PM but have exited from consulting to strategy in a large LS tools company, and interact with product management. Biggest thing to keep in mind is to really understand the details of the role and level - they vary a lot between LS companies and even divisions. Responsibilities can be anywhere from "mini CEO" with a lot of decision rights on portfolio, GTM approach, pricing, segment strategy, etc. to making slides for quarterly updates. Generally, PM is more attractive and more likely to feed into corporate leadership in marketing driven businesses than in sales driven businesses.

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Thank you, M1! Really insightful and helpful. Do you mind explaining how your role in strategy differs from the work a PM at your company does? I would assume your work is more high-level and PMs are focused specifically on the product they manage. Also, any insight into compensation differences between PMs and roles in strategy in the LS tools industry?

This is truly really helpful. Thank you so much M1!!

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