Has anyone made the move from Partner to an executive level role in industry? Looking at the pros/cons. For reference comp is going to be more and instead of a funded retirement plan there are RSUs . Think the quality of life would be better and moving out of constantly selling to an operator role. Hearing your thoughts would be greatly appreciated.

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I was a partner in a 250 person boutique firm and went to C-Suite industry role with a client I had worked with and knew well.

Work life balance was better in industry, c suite peers were stronger in industry than business leader in consulting (both at my boutique and my current B4), staff were stronger in consulting.

Not selling consulting services was a big plus. You have to sell some product for the company, but somewhat easier depending on the industry. Could work to implement ideas at the company. Politics is way tougher in industry. Consulting is child’s play comparatively.

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Thanks - this all makes sense and is what I would have expected.

Going through the process now. It’s even longer than the partnership process.

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Best of luck! What attracted you to making the move?

Also going through the process and would be interested in your guys thinking and what are your must haves in the role and package.

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P2 thank you. Compared to B4 life (comp, quality of life, other thoughts) what’s your observation? I’m at B4 and considering at a senior MD role with a global FS client for context.

Comp is similar, in my experience but likely depends on industry, location, etc. I found more variable comp in industry then in consulting.

Job stability is much better in consulting. We’ve all seen successful clients get turfed over the changing of the guard, a bad quarterly outcome, etc. In consulting if you can hit a number you can stay.

I mentioned politics. Consulting barely has politics compared to industry roles. The angling for the next role, going after rivals, etc. all are front and center in C suite industry roles. Consulting firms are much more egalitarian.

Work life balance was better in industry. No doubt.

I loved the industry role since you got to/had to implement your changes. Got to launch new products. Grow the business. Make the PL. very different and more personally rewarding in industry. Have seen others that didn’t like that, totally depends on what you desire.

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