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Where do partners go when they leave?

 
forum comment
#0 Where do partners go when they leave?
 
anon
16.09.10 00:00
 
Where do partners of the big consultancies (Accenture, E&Y etc.) go when they leave these firms? I rarely see people in top jobs in FTSE 100 companeis coming from such consulting roles (i.e not ex McKinsey) so interested in where they end up?
 
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#0 RE: Where do partners go when they leave?
 
anon
16.09.10 00:00
 
barbados, bahamas, majorca, santorini..
 
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#0 RE: RE: Where do partners go when they leave?
 
Bob
16.09.10 00:00
 
Change Directors, Head of Strategy, CIO of non-FTSE-100, Programme Delivery contractors
 
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#0 RE: RE: RE: Where do partners go when they leave?
 
billum
16.09.10 00:00
 
the big investment bank back operations and technology functions are stuffed full of them, which is one reason why you don't get an easy ride as a consultant in those places!
 
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#0 RE: RE: RE: RE: Where do partners go when they leave?
 
ZB
16.09.10 00:00
 
ZB,A good question. Very good in fact. Remember what do these partners sell to clients: change (and overwhemingly it involves the imposition of a new IT system, integration of disparate IT systems etc)Very very few really get a commercial role in an oganisation at the pay they want, because they fundamentally don't understand the commercial aspects pf the business. Let me explicate this: you run a multi-year programme at credit suisse integrating five trading hubs IT systems. if you were to apply to credit suisse directly where would you go: into its internal change team. You obviously can't be in charge of a revenue generating part of the business, because you know nothing about the business.The only people I've seen from consultancy that go directly into commercial/strategic (not IT strategy..lord bless!) roles at senior management are from Mck. It really does show you whom the industry respects and whom it thinks just bring a highly commoditised generic offering.I did miss one important points: contacts. If you consult top management on commercial/strategic issues you are more likely to have the opportunity to impress them and land a senior role in that type of field. If however all you do is report to and send vague, unstructured boring status reports to the internal programme manager, the only avenue to get into that org is through the programme director route and hence you'll be doing the same turgid stuff that he does if you join them.ZB
 
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#0 RE: RE: RE: RE: RE: Where do partners go when they leave?
 
anon
16.09.10 00:00
 
I feared as much. I'm a consultant at one of the afore mentioned firms, doing business focused consulting work (i.e. not IT/SAP etc.) and have the opportunity to move into industry as a strategy manager. Struggling to see any benefit in the long run of staying in consultancy, in fact i'm concerned it might actually hamper any chances of progressing to a senior strategy role in industry instead pigeon holing msyelf as a programme manager or similar.
 
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#0 RE: RE: RE: RE: RE: RE: Where do partners go when they leave?
 
Footsie
16.09.10 00:00
 
I work for a FTSE100 company and the CIO was a partner at PWC
 
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#0 RE: RE: RE: RE: RE: RE: RE: Where do partners go when they leave?
 
anon
16.09.10 00:00
 
Run the FA, senior civil servants, start their own companies, retire.
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: Where do partners go when they leave?
 
Bob
17.09.10 00:00
 
Somehow I always thought that ZB would lose some of his bitterness over time. But three years on...What did they do to you mate?!
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: Where do partners go when they leave?
 
notthesharpesttool
05.10.10 00:00
 
Probably got a Below in end of year laddering despite working his *****s off all year with an explanation of 'being in a tough peer group' and then finding in small print that in addition to 0% pay rise he wasn't eligible for any bonus.
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Where do partners go when they leave?
 
cop tonsultant
05.10.10 00:00
 
why accuse ZB of bitterness? He's only depicting things as they are.... Partners in Big4 and big4-type consulting outfits go into roles like programme directors when they go into industry, very rarely do they go in top-level commercial roles, unlike MBB partners..
 
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