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The new company I’m at now sent me an email from an email address that was HR@companyName.careers saying I was accepted for the position. They gave me paperwork to fill out and sign to accept the position
I fill out the paperwork and send it back to them and it goes through… then a few days later I go back to the email to say something else and I get this…?
Then today I got a check from the company In the mail to setup my home office, and it’s signed by someone I’ve never met before or heard of…?
What…..
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What is your 5 year plan?
I’m exhausted from interviewing and caseing 🥵
What’s your current billable rate and salary?
Hi fishes, Dm me for referrals I can refer you
Additional Posts in Consulting
Looking for some book recommendations :)
Headspace vs. Calm app, which is better?
Rising Star
Has anyone done therapy using Teladoc? Any good?
Stonks don't always go up!
Anyone take SHRM? How many hours did you study?
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Chief
you severely overestimate the capabilities of in house teams and that’s just the honest fact. it’s a running joke bc even we know how dumb it is. our jokes are value add to them. funny, right?
Rising Star
Management consulting is useful to corporate clients in a lot of ways, but these are my top 5 as a former CFO.
1. Quickly brainstorm solutions to problems the leadership team hasn’t been able to solve/doesn’t have the expertise to fully understand
2. Implement solutions when a team is unable to dedicate resources (maybe a team is understaffed or the company needs to make a big change that requires extra work. The accountant can’t stop closing the books just because the company wants to start using standard costs etc)
3. Provide temporary staffing in key roles
4. Document our work and be someone the company can later blame if the solution doesn’t hold
5. Provide an unbiased valuation/assessment before a transaction etc.
Consultants are expensive but they’re also easily put “below the line” and don’t negatively impact EBITDA.
Treating it as a capex and amortizing over 5 years
Rising Star
The cross-industry view for leading practices we can provide is genuinely valuable information that they can't get ahold of themselves.
"Yeah, you are falling behind your peers but not the worst"..... Or "yeah you are ahead of most of your peers but if you do xyz you'll be best in class "
Rising Star
Many teams in industry have very specific niches on top secret info that is definitely not readily available - only informally available relationally. Think regulatory topics, like stress testing as a big example.
Source: worked for big 4 bank for a decade and was a buyer of $MM of consultants at 5 consulting firms
Biggest thing I see is that clients basically already know what they want to do but need consultants to mobilize past the company politics and present validated options to their boss or their bosses boss
Rising Star
There's more than slides and charts. You'll learn that eventually.
Literally anything can be played down from what it is. I mean, there's people that take a stab at those guys (professional footb players) getting paid £250k per week for kicking around a ball. Yet many see the value in their expertise and team owners are willing to pay top bucks to have them in their roster. Same for what other professions do. People don't see the value until they need those services.
This is a great answer, thank you
We are smarter and more hardworking than them.
Rising Star
https://www.amazon.com/Humble-Consulting-Provide-Real-Faster/dp/1626567204
There is more to consulting than you think. For instance, aligning boxes on a slide.
Pro
The value consulting firms and other professional services bring to clients is their ability to generate greater revenue, bring in more clients, optimize spend, manage risk better through resources, and/or operate more efficiently. Usually some combination of the above within a specialized context.
It’s not expensive to spend $8M on a year long engagement vs the $10M you would have spent internally anyway to wade through the problem, maybe not getting anywhere, over 5 years without the consultants.
$8M is also not expensive if it allows you to make $50M more than you would today over the next 10 years as just 2 examples.
I’m a consultant but have been in advisory roles to senior company execs in industry and this is how they — wisely — think. Time and competitive advantage in a dynamic landscape are invaluable in a world that doesn’t know how to prioritize what’s critical to outcomes and what’s not.
Honestly I thought consulting was a joke but these projects have proven that organizations are just winging it… They do need consultants
Pro
Depends which firm you're at
Saving all these answers for the next time someone asks me “so what do you actually do?”