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What are your side hustles?
Hello Guys, How is DXC (HP) account in Mphasis?
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is the first one LEK 🤣
Ha, no, I understand that's burnout-ville! I basically got outreach from every T2 recruiter on some sort of CDD/value creation role though (chose the one whose people I liked the most and honestly think it's a great place). I think the market whipsawed back and people were missing the delivery layer to accommodate.
If it were me I would just choose the one that was more interesting to me personally. Don’t think you need to worry about cdd going anywhere in the short to medium term. After that who knows
The 5-10 year term is really my main concern, especially as it relates to CDD. What are your thoughts on how it has changed for you in PEG (if applicable) or will change?
The downside option I'm trying to avoid with the CDD route, for instance, is one where I could be trying to make partner in a world that needs senior people with industry depth to deliver, but is a potentially smaller/more competitive market; which just structurally argues for a lot of principals but fewer partners.
On the ML/AI-side, it feels like downside is it may not work and I may be looking for another job, but with more niche and possibly in demand skills than an AP with just an extra 150-200 diligences under my belt and some varied value creation work.
I've done both types of work in the past and enjoy them both, but I guess I'd lean towards the excitement of building an ML/AI business as probably more interesting than diligence work (which always starts to feel formulaic to me after a while).
Some further context, I'm not looking at either of these opportunities as something to exit from, but both carry risks so I am thinking of exit path. The first role has the risk of the CDD market being rapidly transformed/shrunk, the second role has a risk of just not working out, as a bit of an internal startup trying to define a sales play.
What scares me with the more-CDD role, is that I really think the diligence market is going to significantly change / possibly shrink. As I think about the work a diligence team does, much of the junior work is being and could be automated (e.g., survey creation and excel-based cutting; unstructured verbatim text synthesis; expert interview transcription, synthesis, takeaways). It will still exist, I just see the process being much more efficient, probably more top-heavy, with eventual price declines forced by the market/efficiency; so a bit of a shrinking pie problem assuming savings on diligence aren't reinvested into more diligences, different questions, etc.
On the other opportunity (ML+AI business lead); this could just not work out. A lot of smaller PE PortCos have a need, but not necessarily a budget or an internal resource to hand off valuable models, tools, etc to for maintenance and ongoing use; so that model needs to be addressed. However, I do see that many PE firms are recruiting for exactly this type of role: someone who can work with Portcos to diagnose, prioritize, and build business cases for ML+AI deployment; and most PE firms I'd think will invest in some overhead ability to start to sustain those models and tools on behalf of their Portcos, solving one part of the problem.
So, what do you all think? Are my risks/concerns on CDD valid? Do you think either path could be a good exit to a PE Ops or Portco role?
How’d this work out for you? I’m looking at a MF PE ops AI role, would love to hear where you landed and why
I think you can only really do the old, "please describe your typical work in a given week ..."