I don't think internal BD department is so promising because, generally, it is no a core department. This department which doesn't control P&L often looks like very shining but holds weak power inside a company. Consultants prefer to jump into that department is just because this is the only department that opens door for most consultants. for example, for a EM in McK, which position is more attractive(generally) to catch: strategy head or BU head? I guess the latter -- by 会员 pursueMBA2010 (2011/7/9 0:37:35)
To my knowledge, the internal BD department has very solid exposure opportunity to high level executives. And the job is interesting. Yet it really depends on people as each may have quite different aspirations/pursuits. For an EM from McK, the BU head position definitely is more appealing, but I really doubt he/she has prepared enough for this post and whether an industry corporate would offer such a position to a consultant with comparatively less domain expertise or sense. His/her skill sets honed might be ok to a B2C company(FMCG, food, beverage etc ), but for a B2B company, it is totally another story. I guess corporate value consulting experience less in China than in US. -- by 会员 tianya111 (2011/7/9 1:15:39)
In the state, probably yes; but in EU and China, not really. I witness many ex-consultant(might be not many but a few), who are taking high positions in strategy office currently, are struggling for switching to manage huge P&L. But, agree with you partial, it depends. It varies individual by individual. All in all, consulting offers a relative guaranteed path; but leadership programs really depend(in many cases, it depends on senior individuals like CEO, HR VP.....etc) -- by 会员 pursueMBA2010 (2011/7/9 4:27:12)
The reason why many ex-consultants are chasing BU leader positions managing huge P&L is that they probably know, after years of being consultants in "strategy" houses, what the hardcore of consulting business is. In any F500, a promising upward way is being a BU manager, while in many respects, corporate BD is a good job, especially in terms of the fun of the work and life-work balance.
Neither consulting nor leadership program will guarantee anything. It's up to you in the end. The former guarantees even less. In EU and China especially, most high level leaders moved to their posts by outstanding performances of pushing sales numbers. Will consulting job equip you well in a sales position? It is over-rated too. In many corporate executives' eyes, a consultant from McK is smart, but do they really value his work much? In many cases, NO. |