Some dream of transitioning from a corporate software developer role to consulting or Big 4. Travel and the potential for more money add allure. However, the move is not for everyone and can be stressful if unprepared. Does it accelerate the path to becoming a tech exec?
Let’s determine if the consulting world is right for you. As a software developer, you’ll work on projects with a team, either at a client site or virtually. Junior focus on coding, while senior roles also involve pre-sales as a subject matter expert.
What’s the difference?
This is not much different from your current corporate software development team. The point is, you’ll be leaving a well-structured environment one with more stress. Clients have high expectations and constantly assess the quality of your work. If you excel at what you do, this won’t be a big deal. However, consulting company leaders are often pressured to quickly place you in a role, so you’re not sitting on the bench.
Project assignments
Leadership “markets” you to assign you to a project. Ideal fit can be secondary to project assignment, with revenue generation as the primary factor. Consider your flexibility and adaptability in handling change and stress. Making it past the first two years is a good sign for growth and advancement.
Up or out
Big 4 consulting firms (Deloitte, E&Y, PWC, and KPMG) follow an up-or-out model. you don’t get promoted within a specific timeframe (usually two years), they let you go. This can be unsettling for those transitioning from a corporate setup with no fixed promotion expectations.
Mix of assignments
Assuming you’re not assigned to a long-term project, rotating clients and projects is a great way to build experience. It keeps things interesting, avoiding the mundane grind of doing the same thing every day for years. However, if you prefer certainty and not having to learn anything new, consulting might not be the right fit for you.
As a consultant, each role offers an opportunity to learn and adapt to new job requirements and work environments. The pace can be demanding, as clients expect more productivity. However, there are chances to shine and make a lasting impression. Building a good rapport with clients may result in project extensions, which are highly valued by consulting companies. Consultants who excel in extending projects are rewarded with higher raises and promotions. If you thrive in a competitive environment, consulting is ideal for you.
I’m rambling and there is a lot more to this topic, but let’s summarize the pros and cons of the consulting world:
Pros:
- Dynamic and fast paces
- Quicker promotions and more money
- Travel and interesting project locations
Cons:
- Fast paced and lots of uncertainty
- Stress and high expectations
- Uncertainty of roles or work assignments
Being a consultant requires a particular mindset. Work-life balance may be challenging, with frequent on-the-road assignments. Temporary dislike of assigned work and constant self-evaluation can induce stress. However, if you progress up the chain (up-or-out), the rewards are significant.