Is "tech consulting" a dead end?

I am someone who is 2+ years out of school in my last year of an international teaching fellowship (think Teach for America with waaaaay less prestige/name recognition). I've been contacting alumni about getting into management consulting, recently one of the people, who is a partner in the accounting practice of a big 4,passed me along to someone in the "tech sector." The guy who I was put in touch with said he essentially assists in implementing proprietary software. From what he described, it wasn't EXACTLY what I had in mind.

I always wanted to go into more "business consulting" in terms of strategy and and bigger picture. I have no tech experience.

Will this be a dead end in terms of career? Being a couple years out I feel like I'm short on options. What are the possibilities of going into B-school after a spot like that? Would a position like this help me get a position with a tech company? Facebook, Twitter, Google etc. (I highly suspect it won't).

 

Implementation and tech work is actually really huge and will set you up for big $$. Might be boring, but its significantly in demand. Every company needs assistance with their ERP systems so just something to think about...

 

Thanks, SomeConsultant. Is it possible to go into it with no tech experience at all? I use facebook and read news stories about tech websites when they come up but that's about it haha

 

hey man, I didn't get my dream job out of school but the place I got into did a large implementation of an ERP system and I'm now trying to transition into this field now so keep that in mind.

Basically they take a bunch of fresh grads for this and send them to an academy type thing to get certified into whatever system you're going to be implementing so experience isn't a deal breaker.

After, you're basically doing a whole lot of problem solving, making sure things work, ironing out kinks in both software and business processes, etc. It's actually pretty interesting work tbh. Once you're an experienced consultant you can make mid 6 figures if you work for a big integrator or if you establish good connections and go independent you can make 200k + or whatever

Like most consulting there will be a lot of travel/on site work, similar to IB, you are judged on the amount of implementations under your belt.

Overall not a bad career choice but it won't get you a job at facebook since you're not really programming at all and the work is unrelated. It is what you make of it, if you're good at sales etc actually doing the bids and selling the implementation work is highly lucrative.

 
Best Response

Disclaimer: I actually work in Strategy, but have many friends/family that work in tech consulting

So, you don't really need much technical experience in terms of hard coding or anything. You'll learn a lot about whatever service your company is proficient at providing consulting for (SAP, Oracle, Peoplesoft, etc.). These systems are so complex and affect financial statements pretty significantly, so the demand for folks who know how to work in these systems, integrate new modules, etc. is very high in demand. Just do a google search on why ERP implementations fail and you'll see a bevy of problems encountered by many companies.

Because of the complexity and potential cost savings, big companies are willing to spend millions to billions on implementing ERPs. And the kicker? ERPs require constant consulting or servicing, so post-implementation/recurring work is always there as well. Now with tech consulting projects, your timeline will be much longer (maybe 6mo-18mo on one client, compared to 1mo-6mo with a ops/strat project), but, if you put your nose to the grindstone and work it out, you will basically be able to write your ticket to whatever company you want.

TLDR: Google the most needed skillsets in corp america, IT admins/people who know SAP and shit are in the highest demand and can therefore make a shitton of money

 

You're very unlikely to be able to lateral directly from a career in tech consulting to a tech company like Google. IT consulting and consumer tech are apples and oranges.

But is it a dead end? No. I'm not super well-versed in tech consulting exit opps, but I've met a solid handful of people who went to top 15 B-schools after doing systems integration work at Accenture/Deloitte/etc. And when I say Top 15, think places like Darden, McCombs, Ross, Anderson. All very good business schools that open doors into a wide variety of different industries.

 

Thanks so much for the help everyone, it sounds like I should definitely give this more consideration than I initially had. Again, it's not ideal, but it sounds like it's got better opportunities than I initially expected

 

I'd like to reiterate and concur with UFOinsider...

It's a job, if you have nothing better, take it and don't look back. Go in with a good attitude and really care for what you're providing and care for your fellow peers/superiors and you never know what new doors may open up.

 

Firms such as McKinsey (BTO Practice), Bain, and BCG and Big 4 firms such as EY and PWC do not have implementation as part of their Tech Consulting/Advsiory groups. Therefore I'm really interested in what exactly Technology Strategy would be at firms such as these, and the opportunities leading from it.

I'm also not speaking about the Technology Audit practices of the Big 4, which is different then Advisory.

 

Well, it's a good question. In my view, at some point companies are going to realize that they could just pay 4-5 guys $300k/year each (half conditionally) to go and build all these things off open source/latest technologies. The cost goes from millions to thousands or tens of thousands. There are top 100 websites (like Instagram) who had dev teams in the single digits for everything.

This being said, because of the ecosystem and the disconnect between the user and the so called "stakeholders" (like tech consultants), I doubt this will ever happen, and Oracle and the like will continue to charge fortunes for things that cost very little (there's a bank I know who pays in the $10ks per terabyte per year for basic storage thanks to their CTO having had a nice meal with sales people from the "solution provider", which drives its devs nuts).

I used to think CTOs knew what they were doing, then started going to CTO conferences, and realized none of them had any technical experience, nor much of an idea in many cases how to hire smart people, who have a 100x impact on productivity over average people (versus, say, accounting where the delta is only 2-3x). And most importantly, they benefit from this whole pyramid scheme by having ginormous teams to manage the inevitable spaghetti code that results from using these systems, and enormous budgets to cope with the consulting fees and corporately restricted ecosystem (e.g. go find a command line tool for linux for Oracle on the free/evaluation version). As you know, in the corporate world it's not what you do, but how many people you manage that matters.

I did a full migration of an Oracle data mart to something more shall we say, modern, cheaper and faster, it took 2 weeks with 2 guys. The business has millions of customers.

This presents you with an opportunity: if you go learn what the smart people learn, like functional programming, Linux/open source based solutions and really understand the ideas behind the relational model, for example, you can set yourself up for some super value addition later down the road. Then join a smaller place, experiment with what you know, hire smart people, and progress from there upwards.

Alternatively, join Oracle consulting teams, and pray that people like me fail just like we did in the 1980s.

 

I'm from a tech consulting background, its fun and exciting and quite challenging at the same time. Since you said that its a prop software company - you need to be able to essentially see how the technology you are selling works for the customer- and then - map the customers' processes into your tech software- thats where the business angle of the technology comes in. You need to be able to handle word really well, because you will be required to create use cases and write down Business Requirement Documents (BRDs). If you are good at understanding processes and then mapping it to a particular framework -then this is good fun!

Hope this helps and good luck!

Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light, not our darkness that most frightens us.
 

Read madan80's comment... I think you're confusing the term implementation as a service versus what Tech Strategy consultants actually do...? For example, Deloitte Consulting's Technology practice:

http://www.deloitte.com/us/consulting/technology#&panel1-1

does a lot of implementation work. If you dont believe me, check here:

http://www.deloitte.com/view/en_US/us/Services/consulting/technology-co…

"The Technology Strategy & Architecture (TS&A) practice advises clients in areas ranging from strategy development to the implementation of defined tactical responses to help realize business value and service excellence from their IT investments."

TBH most of the work is implementation. The client already kind of knows what they want and they're bringing you in to help achieve that. Hope this helps

 

Yep, Deloitte is huge on implementation. What a EY or a PWC does is the advisement prior to the implementation, but not the actual implementation. Sometimes firms may hire PWC for advisement on security for example, or to change their tech strategy, and then hires Deloitte or Accenture to do the implementation.

EY for example has the following lines:

IT transformation (where the strategy part would be) "-Develop an IT strategy that aligns IT objectives with those of the business -Create an architecture design to align business and technology models -Implement sourcing approaches to improve flexibility and efficiency -Improve the performance of end-to-end processes and infrastructure -Introduce horizon technologies that change business and IT models"

Enterprise intelligence

Enabling technology

Technology risk and security

Now if you were at a Deloitte, would you be expected to do the implementation as well? Or are there other individuals who actually do the implementation?

 

I guess if you look at a consulting company offering Technology consulting vs a technology company offering consulting services- its two different things all together. Since the big 4s have a top down approach, they are going to be doing the technology strategy offering the consulting part and audits etc. However, I had read earlier saying that

"....the guy who I was put in touch with said he essentially assists in implementing proprietary software....."

In that case, you might be drawn into the application/ business side of the "technology consulting" which will be different from a CIO level technology consulting being offered by the biggies.

In my opinion - I don't think its a "dead end" but a stepping stone to the next level.

Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light, not our darkness that most frightens us.
 

In my view, it's pretty simple:

1) Is it a good job in terms of pay and security? = Yes

2) Is it business strategy and big picture? = No

Personally, I don't think its a good choice to do strategy work without solid operational experience, in any industry.

The best bet is to take this job, crush it and then go to a good B-school to open up other options.

 

I agree with YGH- if you have nothing else on the table, definitely worth getting into. One of my close friends worked at a cloud consulting firm out of school for 1 year and was recruited by another firm for $100k+ all-in comp. Shorter hours than MBB consulting as well, but it's implementation vs. strategy. That said, IMO it's better to have a job with the option to switch than no job at all. Continue to network, today you can email anyone.

 

Business consulting is a very similar path to Business Analysis. I'd say that it is an option that people often overlook. It is very far from a dead end especially if you are able to obtain experience on different implementation projects, which will allow you to have a wide array of skills by the end you would hope. The pay is decent too. The exit ops can lead you to the management consultant side if you want. A lot of banking technologies are starting to be updated after remaining the same for up to 20 - 30 years in some instances. This means there will be a lot of work for you. Additionally at the end of the day if your goal is to work for Google or a technology company this path may potentially lead you there if you are able to gain coding knowledge on the side. At the end of the day what is important in "start-up" companies and medium sized technology companies is the execution of the implementation of the technologies they are developing. If you are able to learn how to do this efficiently or learn how to be part of a team that is able to do this efficiently you can really create value in a wide variety of companies.

Any ways I hope this helps.

 

it's fine. Just show interest why you want to change careers into finance, by saying... you enjoyed building models... enjoyed analysis on different companies from your work experience... consulting doesn't create value...

 

FTPiper has zero knowledge about the field. Saying 'consulting doesn't create value' is ridiculous -- it is strategy consulting that often facilitates top-line growth or effiency improvement so, please, shut the fuck up, FTPiper. Also, there is zero building of models or 'analysing different companies' involved in tech consulting, which again proves the point that somebody here doesn't have a clue.

To come back to the original question, whitegamecube, I am not sure whether your experience in tech consulting limits your opportunities or not. If it's actual tech work (i.e. SAP customising) at Accenture, rather than working in the strategy division of the same company, you will not be doing work that is relevant for strategy consulting. I would try to get exposure to projects that are business oriented, but doubt that this is easy. If you haven't started work yet, it's much better to gain useful experience in M&A or in a corporate strategy division, as many people move easily to strategy consulting from there.

This topic has been discussed a couple of times here, check out the search function.

 

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