Why move from industry to consulting?

For consultants, the move into the industry commonly occurs for several reasons. They can gain more line responsibility, and improve their work-life, dodging work weeks which often top 70 hours. The jump can also provide for a better salary package in many cases.

Is industry better than consulting?

People in the industry generally have a better work life balance than people in consulting, due to their travel for 4 or 5 days travel and away from their families and so on.

Do people switch between consulting firms?

However, in practice, consultants switching between competitors happens frequently. The remaining two thirds were leaving consultancy for an industry role, starting their own company or working as an independent consultant.

Can I shift from sales to consulting?

Yes, it is absolutely possible to switch from Sales and Marketing to Strategy/ Management consulting. Your entry is dependent upon several factors: Years of relevant experience you hold in the specific industry. Expertise in the industry.

What is the role of FMCG?

The fast-moving consumer goods (FMCG) industry or consumer packaged goods (CPG) industry is mainly responsible for producing, distributing and marketing fast-moving consumer goods. The FMCG industry is the fourth largest sector in the Indian economy.

Can you move from industry to consulting?

If you are serious about moving into consulting from industry, I encourage you to do your homework on any potential employer and look beyond salary and benefits to the culture you will be stepping into. The right cultural fit matters.

Do people move from BCG to McKinsey?

Lack of fit with a consulting company is not unusual. I know a few people that moved from one to another and did pretty well. One guy I know did the opposite you are planning (from McKinsey EM to BCG PL) and is now a Partner at BCG. Thus the move is definitely possible and you can be very successful afterward.

How consumerism is affecting the FMCG sector in India?

Consumerism has broadened the spectrum of opportunities for the Indian FMCG sector. Eventually, companies will have to find innovative ways of balancing market penetration and logistics cost. The difference in the supply chain functions defines the sales and revenue for the company to some extent.

Why are FMCG distributors wasting their sales?

This is due to the fact that many distributors work unscrupulously. Rather than playing the role of the facilitator, they try to grab a significant part of the promotion budget for themselves. This results in FMCG companies wasting a significant portion of their sales.

What is it like to work in the FMCG industry?

FMCG is an industry that thrives on innovation. That means that if you are interested in working in an environment that is always open to new ideas and unique ways of working, this could be the perfect place for you.

What are the major challenges in FMCG sales process?

There are however some major challenges in FMCG sales process. The household-products area, for example, has dropped from the sixth most profit-generating industry at the start of the century to the tenth, measured by economic profit. Food products fell from 21st place to 32nd.