This Might Be the Job You Never Thought Would Be Right for You: Consider a Career in Consulting Part 1

Career Guide July 24, 2018

This Might Be the Job You Never Thought Would Be Right for You: Consider a Career in Consulting Part 1

Choosing the right career always comes with the price of understanding what you truly want to pursue. However, this choice never comes naturally – contrary to the broad assumption that it does.

It all boils down to the question: what do you want to do with your life?

It’s not that easy to answer, especially when we’re talking about career. What you want to be when you were a kid may not hold true now, or you’ll find that some things are just not possible if you consider the personal, academic and geographic factors. As easy it is to choose by default – based on what your parents say, what your friends think or which jobs seem prestigious enough – having more choice is empowering.

Sure, there may be many things to choose from, but shouldn’t your career deserve as much attention and deliberation as many aspects of your life?

As John Krumboltz – Leona Tyler Awardee of the American Psychological Association – once said:

Here is a decision that affects everything in our future – not just how we spend eight hours a day, 50 weeks a year – but probably who we’re going to marry, the neighbourhood in which we live, who our friends are going to be, and how much money we have to spend.

Investing as much time and effort into choosing what you can genuinely do comes with a reward.

Helping people figure out what use to make of their precious lives is a crucial task. People’s sense of personal worth and their motivation to achieve depend on finding a direction that makes sense to them.

Finding the Right “Gig”

Ever tried going to a supermarket to buy tissues only to find so many variants? Too many options can be problematic, it can lead to analysis paralysis. Similarly, with career choices, even if you did a major in something, there can still be a multitude of jobs for you to consider.

How do you arrive at the right decision?

Don’t let your mind fly out too far into the future.
  • Don’t let your mind fly out too far into the future.

Many people find career choice stressful because they frame it into a large block of decision. You can’t decide what will happen to you in the next ten years just because everything is always changing. Industries and jobs that exist now may be obsolete in less than a decade. Work on making the next decision first.Think of your career as a series of building blocks.

Your next decision will depend on your current situation. That can be choosing the appropriate internship to take, finding a job to do for the next couple of years or switching careers. This doesn’t mean you don’t need to think about your future for the long run. You still need to have a broad vision of what you want to achieve, but don’t struggle against figuring it all together at once.

  • Getting the Formula Right

There’s no correct equation to follow if you want to succeed in your career. Following your gut isn’t also advisable – as much as many people will tell you. The adage “follow your gut” isn’t as helpful as many would believe. Our gut is reliable in environments where there is much regularity and you can understand how your decisions turn. Career choice is not part of that domain.

Many of our life’s decisions will confuse us. We won’t know honestly what factors play into them; this is the same with career choices. The best way to go about it is to set some criteria. What factors are essential for you? Be careful though with brainstorming things.

Getting the Formula Right

These coupled with a wide range of options can paralyse your decision-making process. You can use checklist and frameworks to break down complex tasks into smaller concerns. Use friends and family to put together independent perspectives, then consider the opposite. Put some room of doubt into your ideas and concerns to challenge if they are right, then rank your options. After ingesting and organising all that information, follow your intuition. It’s easier said than done but processing all this information based on intuition may help you arrive at a decision – if not yet, trying out something that improves your overall professional experience may help at arriving at a conclusion soon enough.

Consulting Can Be for You

Plenty of people know the  perks of being a consultant (or at least if you have seen the film Up in the Air ), it’s enough to see they have the travel perks, flashy office attire, and even good pay. On the average, the salary for most consulting jobs is competitive above that of an average office worker, but if we go beyond the face value, consulting is just as profound concerning career development. Why?

  • Fast track the C-Suite Lane

You don’t often get to work on company-wide strategic problems if you’re not a C-suite. Consulting gives you that chance. The profession offers a unique opportunity for you to take on strategy and practice this line of thinking. Even without pursuing consulting in the future, knowing how company leaders think will help you a long way.

  • Variety

Consulting works especially well for those straight out of the university. Often, people have not set career goals. Consulting has enough variety – location, industry and functional areas – that it can give you the opportunity to try out different company cultures, work with different teams and different types of clients. This exposure can give you enough help to pick where you can be successful next. If you decide to stay, the skills can help you find many niches and practice areas.

  • Network and Expertise

Suffice to say that consulting will allow you to meet so many people that can help you build a valuable network in the future. Projects can be comprised of multiple stakeholders, clients, and team members.

Consulting also works in a fast-paced environment usually. The speed of work and training required for many consultants are often unparalleled. Expect to be asked to work on projects you barely know that you must learn on the job. This is also an opportune moment to learn from more experienced colleagues. More importantly, consultants need to stay ahead of the trends. You’ll learn how to see things from a mile ahead and adapt based on what will happen – a skill useful in almost every aspect of our lives.

Picking the Right Company

Consulting may require you to spend long hours in the office and away from home and expect you to learn on the job. But just as it has its downsides, you’ll find plenty of opportunities to explore. You can progress as a professional, no matter what you want to do in the future. Which company should you pick to start your consulting career? This depends on their specialisation. You must research as much as possible into what the firm offers including the career options you’ll get. Some may require some industry experience, others not as much. Look into their training and career development program to see how you can grow and progress as a professional.

Orbium’s expertise lies in wealth management. Our industry experience makes us one of the best for IT and management consulting. We recently conducted the Orbium Wealth Management C-Level Survey which offers an insider’s view of the current and future look of the wealth management industry in Europe and Asia. If you want to explore career opportunities with us, check out our open positions. To understand more about our company, you can visit Orbium.com.

You can learn more about a  career in consulting in the next part of the series.

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