What would you do? Offered an operational role

Need some advice from finance / corporate guys. Currently a corp dev analyst, recently part of an acquisition of a SaaS technology platform. The GM of that business unit wants me to consider an operations manager position (newly created) to improve business processes, with a strong emphasis on reporting. Would not have any direct reports to my understanding.

The trade off seems pretty simple. Promotion to a less exciting type of role or squat in my analyst position until something better comes up. Any immediate thoughts? I do enjoy corporate development, I am also considering b-school in the next 2-3 years and wonder if getting a promotion will be a valuable experience to have.

 
Best Response

Manager role with no one under you? So you aren't a manager? I guess my thoughts are this. A good friend of mine once told me to "go where the most problems are". And he's the fastest riser of anyone I know. So if you can go into this role and really do a great job and improve the processes for the company in a visible way, you are probably going to get far more exposure than you are as a corp dev analyst. Likewise, a promotion to a manager role (if it actually is) shows you being able to take on more responsibility which is good for both in the company and b school apps.

But, if it's not something you think you could do well in or something you think you would be interested in doing for the next few years, don't take it. It seems pretty highly visible, so you want to feel confident about it before you do.

 
AllDay_028:
A good friend of mine once told me to "go where the most problems are".

This could quite possibly be the best advice I've heard on the CorpFin forum (no offense to all the contributors who've offered their experience/time). SB for sharing it with us.

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 

Dolores et nesciunt magnam et. Dolor accusamus nam ut ratione alias ab. Qui quis eos vero explicabo et.

Veniam odit recusandae eos aut. Et dolorem iusto et. Pariatur optio explicabo asperiores sapiente corrupti inventore commodi excepturi. Ut dolores explicabo consequuntur voluptas quo. Officia eos sit aut aut.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”