7 Reasons Your Billing Rate is Low

billing rate is low
Why your billing rate is low

We probably all know someone who does the same thing as we do but makes a lot more money doing it. We can sit there in jealousy, wondering how he or she does it. But they are obviously doing something we are not. It’s probably more than one of the items below.

You’re not up to date on technology

There is still demand for mainframe COBOL programmers. But everyone knows it’s not the hottest skill in demand. While organizations still need people to maintain their old back-end systems, they’re paying top dollar for cyber security skills and mobile app developers.

Technology changes at a more rapid rate than ever. Last year’s hot technologies may be obsolete by next year. If you don’t invest the time and money to keep up to date on the latest technologies, you will find fewer companies willing to shell out high billing rates for you.

You’re not up to date on business trends

Similar to technology, business trends also evolve. If you’re recommending direct mail strategies to your clients in a world that that is developing email lists, clients will see you as out of touch.

Consultants need to follow business trends in trade journals, blogs, Ted Talks, and anything else they can get their hands on. Additionally, consultants should belong to industry groups that meet regularly to share ideas and keep each other up on the latest trends.

You’re locked in on a contract

A long-term contract with a client can provide the security you may be looking for. Depending on the terms, it can also keep you locked in at a rate while other consultants are passing you by.

When signing long-term contracts, it is wise to include increases that will at least keep you in line with the cost of living. Otherwise, keep in mind that risk and reward have a direct correlation. If you’re not willing to risk being unbillable, you may not have the luxury of demanding high rates.

You can’t be found

Whether you work as an independent consultant or as part of a large firm, people need to be aware of your skills. As an independent, do you have a website that people can find? You may need to invest in some search engine optimization (SEO) tools to make sure that potential clients can find you for the right skill searches.

Independents should also make sure that they’re always expanding their network. Networking is the greatest way to develop a pipeline of clients.

If you are a consultant working for an established firm, you still need to make sure the decision makers at the firm know your abilities and strengths. If the people who staff projects don’t know you or your skills, your chances of being staffed on the high-billing projects goes down significantly.

You pigeon-holed yourself

Maybe you’ve always had a niche skill. That’s great, until it’s not. Skills that are in high demand can demand high rates. But that demand can fall to the wayside quickly. If your skill is transferrable to another in-demand skill, you can sometimes expand your market with limited retooling.

For instance, let’s say you have several years of web development experience creating user interfaces. With limited training and a little experience, you can expand your marketability to be a mobile app developer. Always consider similar skills that your existing knowledge and experience may cover.

You aren’t selling value

It is the age-old sales debate of features vs. benefits. Features sound great but they don’t necessarily solve problems. Benefits on the other hand, are what really add value for the customer.

When IT consultants sell themselves, they often talk about the skills, knowledge, and experience they have. A technical client may be able to translate that into value. But it shouldn’t be the client’s responsibility. Consultants that want to increase their billing rates should be savvy at explaining to the client why their skill is of value to the client and why they should pay more for it.

You are inefficient

If you waste a lot of time repeating questions or missing important meetings, clients will have problems increasing your rates. Clients see value in productivity. If you can prove to the client that you can produce more than your competition in the same hour that they are working, the client will pay a premium for your hours.

One of the best ways to do this is to be organized. This includes knowing where to access documents and emails from the past. An efficient filing system – for physical and virtual files – will definitely increase your productivity.

Additionally, having a well thought out process for identifying priority tasks and getting them done is imperative. Having a to-do list for each day helps to make sure you’re working on the right things at the right time.

Conclusion

Like any business person, consultants want to maximize their income to the best of their abilities. It’s easy to develop practices that limit your ability to do that. Being aware of those practices can help you avoid those ruts and greatly increase your income.

Are you billing as much as you should be?

As always, I welcome your comments and criticisms.

If you would like to learn more about working in consulting, get Lew’s book Consulting 101: 101 Tips for Success in Consulting at Amazon.com

Image courtesy of Flare at FreeDigitalPhotos.net

The Boss’s Unreasonably High Expectations

High Expectations
The Boss’s Unreasonably High Expectations

The movie “Eight Men Out” is about the 1919 “Black Sox” scandal in which several members of the Chicago White Sox fixed the World Series by losing games on purpose. They did this based on an agreement with two gamblers who promised to pay them more for losing than they would have gained by winning the World Series.

Eddie Cicotte was a pitcher on that team and had a $10,000 bonus clause in his contract if he won 30 games. When Cicotte reached 29 wins, White Sox owner Charles Comiskey ordered the manager to bench him for the remaining two weeks of the season.

And such is the world of business. People are provided incentives to reach milestones that can be manipulated, preventing them from being reached. In other situations, the carrot is set so far out of reach that few, if anyone on the team can reach them.
Continue reading The Boss’s Unreasonably High Expectations

I Took My Eye Off the Ball

Took My Eye Off the Ball
Took My Eye Off the Ball

Boy, did I screw up last week. We had a big opportunity for one of our biggest clients. They asked if we could help them place a very specific resource. They only needed this resource for about two or three months. It wasn’t going to result in a lot of direct profit for the placement itself.

But this was still a big opportunity for a number of reasons. It was an opportunity to show them how responsive we could be. The company I work for has a vast network of IT resources. We could have proven that to our client by providing them exactly what they were looking for.

It was an opportunity to move closer to being our client’s trusted advisor. In consulting, that’s the goal with any client. You want to be the go-to team that the client turns to without considering any competitors. When they know that you have the client’s best interests in mind, they don’t think of you as an outsider. They become reliant on you to help them be successful.

It was an opportunity to remove friction from our client’s daily work. They had a need. Something was missing that was making their job more difficult. We could have filled that void and made the client more productive, more profitable, more successful.

It was an opportunity for future business with this client. They would have said to themselves, “They did a great job in that other situation, I want to work with them again”.

When we got the request from the client, I immediately sent it to our sourcing team to find this rare talent. But then, I didn’t follow up. I got busy working on some other things. Before I knew it, a week had passed. The client notified me that one of their other vendors found the resource they were looking for.

For more information see Managing Your Consulting Career

I could argue that I had nine other major initiatives that I was working on. I could blame our sourcing team for not providing someone promptly and keeping me in the loop.

I could probably come up with as many excuses as there were opportunities. But the bottom line is that I should have owned that. I should have done my job by making sure others were doing their job.

I lost all of the above opportunities. I also let my team down. All those years of coaching my son in baseball, telling him to keep his eye on the ball, and I took my eye off the ball.

It doesn’t matter how much experience we have or how good we think we are at what we do. We still have to keep our eye on the ball and execute for the client.

If we don’t execute, someone else is always in line with their eye on the ball, waiting for the opportunity to execute better.

When has taking your eye off the ball cost you opportunities?

As always, I welcome your comments and criticisms.

If you would like to learn more about working in consulting, get Lew’s book Consulting 101: 101 Tips for Success in Consulting at Amazon.com

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The Stone Soup Approach to Consulting

stone soup
Stone soup made in a village

The old folk story of stone soup is about three vagrant travelers passing through a small town with nothing but a cooking pot. They ask residents of the town for food but meet resistance at every door.

Finally, they go to the local stream and fill their cooking pot with water. They place a large stone in it and put it over a fire they built in the center of town.

This piques the interest of the towns folk and they asked the vagrants about their endeavor. The three men explain that they are making stone soup. They describe how delicious it is, but it just needs a little garnish to finish it off

One of the townspeople doesn’t mind providing a few carrots. Another offers come celery. Other people offer various herbs and spices.

Before long, a delicious pot of soup is enjoyed by the whole town.

Consultants are often brought in to a client to implement changes at a client. Consultants should realize that, like the three travelers, they are only facilitators. Consultants rely on the inputs of other fellow consultants, client employees, and other third party stakeholders.

The knowledge the consultants brings to the table is the result of learning from managers, mentors, authors, and previous client.

No matter how much impact you feel you have, make sure to remember that there is a team involved that has impact on your impact.

How have others from your past impacted your impact?

As always, I welcome your comments and criticisms.

If you would like to learn more about working in consulting, get Lew’s book Consulting 101: 101 Tips for Success in Consulting at Amazon.com

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How to Help the Client Make Decisions

How to Help the Client Make Decisions
How to Help the Client Make Decisions

I have an aunt who up until the age of 93 drove herself to the doctor for each visit. At each of those visits, the doctor would to tell her to stop smoking. She didn’t heed his advice and her life was cut short at 95 years of age.

We tend to look to doctors to heal us. But they are really just advisers. They can prescribe medicine, suggest different ways to eat, and advise us to change bad habits. But we have the final decision over how we live and how it will affect our health.

Consulting works in the same way. Consultants can advise their clients on recommended business practices. The client can choose whether they want to follow that advice. They may disagree with it. They feel it’s too big of an investment. There are ways that the consultant can help the client make the right decision.

Be like an auto mechanic

When you hear a clanking sound in your engine, you probably take your car to the mechanic. The mechanic will investigate the noise and advise you on what needs to be done. If it’s very expensive, you may decide you want to live with the clatter. The mechanic should tell you whether it is dangerous to drive with the noise.

A self-serving mechanic may try to sell you something you don’t need. But a good mechanic may show you the damaged part and explain whether it is dangerous to drive in that condition. He will educate you to allow you to make a decision.

Explain the impact

When you suggest a form of action, it is important to explain the pros and cons of any options you provide. Your solution may have a high cost, but a potentially high payback. Doing nothing may have no initial cost, but may cause the client to fall behind the competition.

Part of the education process is explaining the good and the bad of each option to enable them to make the best decision.

Understand client’s objectives

Consultants should be aware of the client’s business strategy. What are they trying to accomplish? Are they seeking growth in market share? Do they want to maximize revenues? Or do they want to reduce costs? Each option may require a different approach.

In order to give the client advice they can act upon, the consultant needs to understand where the client is trying to go.

Advise from the customer’s perspective

Like the self-serving mechanic, some consultants advise clients based on what the consultant has to sell. If the consultant installs a specific software system, that is what they suggest the client buy.

This type of advice does not consider the client’s best interest. It also is not a long-term solution. If the consultant convinces the client to purchase a product or service the client does not need, he probably won’t be a client for long.

Providing the client advice based on the client’s needs will help them make good decisions. It will also make the consultant more likely to be the client’s trusted adviser for the long haul.

Make a recommendation

Simply providing a consultant with some options and providing the pros and cons is not very helpful. The client is looking for advice. Telling him all of the options like the scarecrow from The Wizard of Oz, listing out possible directions may further confuse the client.

There are times when the consultant must say, these are all the options, here are the pros and cons, and this is our recommendation.  Once the recommendation is offered, provide the rationale for the suggestion. Like a patient, the client may decide against your recommendation. But that’s their prerogative.

Implement according to the customer’s preferences

Regardless of your suggestions and any information you provide, the client will make a decision. That decision may result in a project the client wants your firm to implement. If that happens, implement it according to the client’s wishes.

Some firms are contracted to implement a system that goes against what they recommended. They will make decisions based on what they think is best rather than what the client ordered. This again will hurt your relationship with the client and keep you from becoming the client’s trusted adviser.

Conclusion

Consultants have a lot of expertise and are paid to share that expertise with their clients. But like a doctor, their expertise is sometimes not followed. A good doctor provides sound advice with sound reasoning, hoping the patient will follow it. A good consultant must do the same. Provide advice with reasoning and allow the client to make her own decision.

How have you influenced client decisions?

As always, I welcome your comments and criticisms.

If you would like to learn more about working in consulting, get Lew’s book Consulting 101: 101 Tips for Success in Consulting at Amazon.com

Image courtesy of imagerymajestic at FreeDigitalPhotos.net

3 Skills Required to Get Hired in Management Consulting

How to Get Hired in Management Consulting
How to Get Hired in Management Consulting

If somebody mentions consulting, many things may come to mind, mainly because there are so many types of consulting. There are consultants in virtually every industry that will provide any number of services needed by their clients. But regardless of the industry or service sector, there are three primary categories of consultants.

Staff augmentation (Staff Aug) consulting: This is a filler role. It’s usually used when a person or a group of people with a specific skill is needed for a temporary project or a peak time. This can be handled by an individual, but they usually work with intermediary firms that connect people and skills with an organization’s needs.
Continue reading 3 Skills Required to Get Hired in Management Consulting

Consulting Sales and Business Development

Consulting Sales and Business Development
Consulting Sales and Business Development

I recently had a conversation with someone who owns his own small sporting goods business. He told me he wasn’t interested in sales. “I just don’t like cramming something down somebody’s throat that they don’t want.” He told me.

That doesn’t sound very desirable. But then again, that is not what good selling is about.  Consulting is a form of professional services. Consultants serve professionals to help them become more successful. It follows logically that consultants must deliver value. If a consulting firm’s sales team crams a project or service down the client’s throat that they don’t want, there is no value involved.

This is why so many consulting firms involve delivery people in sales. Sales people have their place in the sales cycle to help close a deal. But delivery people are better equipped to ensure that what is being delivered has value to the client.

Preparation

One of the key aspects of selling consulting services is doing the necessary homework on the client. I’ve seen many sales-focused consulting organizations who meet a client for an initial introduction. The majority of the meeting is focused on the consulting firm. They go into great detail about their history, what they do and why they have been so successful. They have solutions and they’re not afraid to use them, regardless of whether they help the client. Their primary goal is to sell.

Customer focused firms do their homework to understand the client’s business, they make the initial conversation about the client’s business issues and try to determine where they need help the most. Instead of trying to fit the firm’s solutions to the client’s problems, they try to learn about the problems to see if they can provide a solution.

Trust and Credibility

The standard joke about sales people is that their favorite sentence is, “We can do that.” Sales people never want to turn away a sale. Our delivery people will figure out a way to make it work.

Michael Porter, Harvard’s strategy guru, says that the essence of strategy is defining what you don’t do. Consulting firms should define what it is that they do based on their strengths. They should also define what is outside of their expertise. I was once with a firm who had a client ask us to propose on a business intelligence project. We had no experience with BI. We could have contracted with some independent BI consultants and proposed, using their experience as ours.

Instead, we declined to propose. Additionally, we gave the client the names of two of our competing firms that actually focus on BI. We told them, “We can deliver the appropriate value that you need. But here are the names of some firms that are very good at it. You should talk to them.”

At first the client was frustrated. They wanted to know why we were turning down business with them. They wanted to work with us. When they realized that we were adding value by not selling, we developed trust and credibility with them.

Customer service

Thinking about selling invokes images of a transactional relationship. When you go to the local department store and purchase a shirt, that seems like a transaction, plain and simple. You bought the shirt. They sold it to you. End of transaction. But if you get home and find a flaw in that shirt, you will probably want to go back to the store and get either a refund or a replacement.

How would you feel if you went back to that store and they refused to make good on the damaged shirt? If they said “buyer beware,” you might tell them you’ll never come back to their store.

Some stores do have strict policies to reduce fraud. But they need to be aware that they might lose good customers. And they want customers for long-term relationships. If they provide excellent customer service, they might become the customer’s favorite store. Customers go there regardless of competitor advertising and they don’t have to compete on price.

The same principles apply to consulting. If the client is ever dissatisfied with their service, most consulting firms will do whatever it takes to satisfy them. They know that it’s harder and more expensive to find a new client than to keep an existing one. Making sure they give excellent client service and exceed the client’s expectations will result in better value delivered and greater sales.

Networking

Great salespeople have strong networks. A large volume of contacts is nice, but it has limited value if those contacts aren’t strong. If you meet someone at a professional conference and connect with them on LinkedIn, that’s a nice start. But if you never interact with that person again, it’s a very weak connection. Imagine that three years down the road, if you identify a potential client who is connected to that person. You could send a message to that connection asking for an introduction. That person may be reluctant to introduce their friend to someone they don’t know very well. They may not even remember you or the circumstances around how you met.

It’s great to connect with people who work in the same or similar industries. But it should not end at the connection. Once you connect, review their profile. Identify areas in which they are interested. Seek out articles and blogs that are related and that they might be interested in.

Reach out to them occasionally to see how they are. If they change jobs or anything on their profile, send a congratulatory greeting. All of this will help them remember who you are and make you stick out. They will know more about what you do and be more interested in introducing you to other people they trust.

Leadership

Clients that establish long term relationships with consultants do so because they want an expert. They know that nobody is an expert in every area, but they want your expertise in your area. Chances are the client is a leader in his or her business area. They are looking for a leader in consulting.

Consultants have to develop and demonstrate leadership with their clients in order to become their trusted advisor.  Simply being a loyal servant to the client is not the leadership they are looking for. If they are considering a decision that the consultant disagrees with, a good consultant offers a diplomatic dissenting opinion. Provide evidence and data that might help them change their mind.

The client may not agree, but will appreciate your sincere effort to help them make the best decision for their business.

Conclusion

When we think of sales, we often think of the slick salesperson or the person who goes door to door using high pressure and fast talk to fool you. These techniques may work if you only want one sale from each customer and you will never deal with them again. It is the definition of fly-by-night.

Using those techniques to sell consulting services will fail. Consulting is not transactional. It is a long term relationship based on trust. In consulting sales, helping is selling and selling is helping.

How do you approach sales for consulting services?

As always, I welcome your comments and criticisms.

If you would like to learn more about working in consulting, get Lew’s book Consulting 101: 101 Tips for Success in Consulting at Amazon.com

Image courtesy of hin225 at FreeDigitalPhotos.net

Consulting On the Bench – Still Part of the Team

Consulting on the bench
Consulting on the bench

My son, a senior in high school, is a pitcher for the school’s baseball team. He’s been playing since he was five years old. I’ve watched him and many of his teammates grow up playing baseball.

It’s been fun watching these boys develop as young men and as baseball players. Some have a natural talent. Others have worked very hard to make the team and continue to be competitive. I’ve seen some that got to the point where their talents didn’t allow them to go to the next level and be competitive.

These boys continued to go out for the baseball team every year. Some years they made it and sat on the bench for most games. Others simply didn’t make the team. In his junior year, the coach transitioned my son from catcher to pitcher. He sat the bench most of last year as a result. But was told he would play more this year.

Playing baseball from the bench

My son had a couple of friends who went out for the team for their senior year and didn’t make it. He felt bad for them. I told him it was probably better in the long run not to make the team than to sit the bench for their whole senior season.

He disagreed. “Even when you sit the bench, you’re still part of the team,” He countered. I thought about some of the stories he told of games when he was on the bench. He talked about working the field with the team.

He talked about joking with the other players. He didn’t have stories of great plays or winning hits he made. But he had stories of the fun he had. He had stories of contributing in ways other than playing baseball.

Consulting on the bench

That opened my eyes a bit. I hated watching him sit the bench last year. But as much as he would have rather been playing, he still had fun because he was part of the team. He felt good when they won and was sore when they lost.

It made me realize a situation I was dealing with – or not dealing with – at work.

I had been on a project that started out behind and went downhill from there. After some time of spinning our wheels, the client complained. My firm responded by making some changes. One of those changes was to take me off the project. They were very clear with me that they didn’t blame me for the problems. They just needed to demonstrate to the client that they were serious.

I was kept on the project to help with transition and to help wherever I could. But I was clearly on the bench.

I started out doing what I could do to help. But as my replacement came more up to speed, he didn’t need as much help. I went in to a funk. As much as my teammates were struggling with a difficult project, I felt like I was on the outside looking in.

I felt like the guy whose girlfriend broke up with him, but he couldn’t afford to move out yet. So he had to sit there and watch her have sex with the new boyfriend.

Everyone in the firm knew I was taken off of the project. I wasn’t billing, which is never good in consulting. In our daily stand-up meetings, I was the one who didn’t report doing much. It was a pretty humiliating experience.

Boo hoo. Woe is me.

Adding value from the bench

The conversation with my son resonated with me. He wasn’t out in the field playing. He wasn’t getting any RBIs. He could have been humiliated and quit. He could have come home sulking after every game about his lack of glory. Instead, he talked about his friends on the “bench crew” like they were their own team.

He added value where he could. He helped rake the field before and after every game. He cheered the team on when they won. He consoled them and shared in the disappointment when they lost.

He found ways to add value.

I looked around me and saw that there really were a lot of things I could do that would add value consulting on the bench.

Internal projects

There are usually a few people in the office that are unassigned. Consulting firms have to maintain some form of a bench to keep a staffing pipeline for the sales pipeline. I got together with few unassigned coworkers (our own “bench crew.”) We worked on designing a second release of an internal application that the firm used.

At least we could add value for future projects.

Recruiting

Most consulting firms fuel their growth in three ways. They have to sell projects to clients to make money. They have to deliver those projects in order to bill the clients.  And they have to hire competent people in order to deliver those projects. You can’t be good in only two of those areas.

So I kept my eyes open for anyone in my network who might be in the job market. When that happens and I’m busy on a project, I might refer them to my favorite head hunter or send their resume to our firm’s recruiter.

Since I had time, it gave some back to them. When people told me they were looking for a job, I’d meet them for coffee and find out what they were looking for. I tried to find people who might be a good fit for our firm that I could refer. If they weren’t a good fit, at least I had done a little networking. You never know when they might be a fit down the road.

Business development

In the old days, we used to call it sales. But that sounds so used car-ish. It’s really about developing relationships though. I kept my eyes open for new opportunities from my network. When there was something that looked like an opportunity, I referred it to our business development team.

I also talk to them about anything I could do to help. Could I provide delivery expertise in a proposal or in a prospect meeting? Was there any running they needed that they were too busy to do?

Miscellaneous

In addition to the above items, there is usually a lot you can do to help out if you just look around. Is there any testing you can do for any of the teams before they hand things over to a client? Can you help out the receptionist with anything? Does anyone, anywhere in the office need a hand with anything?

Get over yourself

Most consultants associate their value with billable hours. If they aren’t serving a client, they feel as though they aren’t adding value. They think of a client project team as their team.

But consultants are also on a firm-wide team. You might be on the bench, but there are other ways you can serve that team. If you feel that you are above that kind of work or that it is outside of your job description, you’re wrong. There are many other ways you can add value to your firm.

Perhaps your ego has been bruised for being taken off of a project, or for just going a period of time without a billable assignment. Work on developing a thicker skin, get over yourself, and figure out ways to help in other ways. It might just get you your next assignment.

Conclusion

I always thought my son and his friends felt left out sitting the bench. But I realized that they would have felt much more like outcasts if they were not part of the team.

For whatever reason you find yourself unbillable, consulting on the bench can allow you to do some other consulting-related activities that you don’t otherwise have the opportunity to do. It also might help you turn humiliation to humility.

What have you done to add value when consulting on the bench?

As always, I welcome your comments and criticisms.

If you would like to learn more about working in consulting, get Lew’s book Consulting 101: 101 Tips for Success in Consulting at Amazon.com

Not Getting Credit: Consultant’s Dilemma

Not Getting Credit
Not Getting Credit

In the 1990s, I rarely missed an episode of Seinfeld. I still watch repeats when I find one while I’m channel surfing. I remember one episode where the consummate loser George Costanza gives a tip at the counter of a fast food restaurant. The server didn’t see him put the money in the jar. When he realizes that his good gesture was not witnessed, he reaches in to get the money back so he could put it in for the server to see him tip.

Unfortunately – and predictably – for George, the server sees him taking money out of the tip jar and thinks he’s stealing from it.

For George, it wasn’t enough to tip the server to enhance his earnings. George needed the server to see that he was tipping so he could get the recognition of appreciation.

Seeking recognition for our hard work

In the business world, we thrive on getting credit. Sure, we all get that paycheck every 15 days, but we also seek recognition for our accomplishments. Managers are taught to give recognition in kind words of praise and in monetary terms.

We learn early in life with our siblings and classmates how unfair it is to see someone get recognition and praise for something you did. If I had washed all of the dishes and my mother had praised my sister for it, I would have raised some serious hell.

In high school or college, you may have worked on group projects in which the entire group received the same assignment. Even if that one guy in the group did little to nothing to contribute.

We expect recognition to be fair. And we rarely deal well with someone taking credit for our own hard work. A consultant, however, must sometimes deal with not getting credit for his or her hard work.

Getting the job done, but not getting credit

Clients hire consultants to get a job done. The consultant is paid for his or her expertise. Come in and make the client successful. If you did what you were paid to do, you get paid. If you did well enough, you might even get additional business.

The client manager will usually take the work you did, present it to the boss, and boast about his or her accomplishments on the project. The boss usually knows there was a team involved. But the boss hired the manager to get things done. And that’s what the manager is evaluated on.

If the manager is good, he or she will make sure the executives know that there was a hard working team that was a big part of the success. A good leader deserves a lot of credit for directing the team the right way and motivating them to get the most productivity out of them.

Payment for expertise

Consultants are often brought in for their expertise in a certain area. Sometimes that expertise is that they just know how to get things done. The client team is so bogged down in politics that they can’t get anything done. While they deal with the back-stabbing, positioning, and CYA emails, the consultants are busy doing the work.

Related post: How Conflicting Objectives Cause Office Politics

The client manager gets praise from the executives for a “job well done.” The praise the consultants get is another contract. That may come from the client manager, or other managers who see how effective the firm can be.

Internally, the consulting firm should be giving the consultants the praise they deserve. Firm management should also train the consultants not to expect that praise from the client. It may come, but it should not be expected.

We can claim that we don’t need to get credit for everything, but deep down we all want the love. We certainly like to see that direct deposit notification whenever we get paid. But nothing beats that pat on the back and an “atta boy” from the boss. Consultants just need to realize that the client may claim all the credit for the work. And that’s just how the game is played.

It is amazing what you can accomplish if you do not care who gets the credit.
– Harry S. Truman

How much credit do you demand?

As always, I welcome your comments and criticisms.

If you would like to learn more about working in consulting, get Lew’s book Consulting 101: 101 Tips for Success in Consulting at Amazon.com

Image courtesy of Pixtawan at FreeDigitalPhotos.net

Does Your Alma Mater Matter?

Does your alma mater matter?
Does your alma mater matter?

Throughout my career, I’ve spent a lot of time on both sides of the interviewing desk. It is nerve-racking sitting on the opposite side of that desk. No matter how confident I was, I was sure they would ask that zinger that I couldn’t answer. Worse yet, I was afraid they would ask an easy one, to which I would blurt out something so stupid, they would just get up and walk out.

Over the years, I began interviewing people for entry into the firms I worked for. I found that that made me a better interviewer. I could identify the ones that hadn’t prepared. They were just going down the same list of questions they ask everyone. I knew when they had read my resume or were reading it for the first time as they sat down.

At one large firm that I worked for, we held recruiting days. The firm would arrange for several candidates – mostly college entry – to come to our office and go through a full day of four interviews. They would meet with two managers, one senior manager and one partner. At the end of the day, all of the interviewers would meet at a “round table” meeting. There, we would go through each candidate and the interviewers would give their assessment.

In these round table meetings, I learned about the various things different interviewers focused on. Some discussed the candidates’ confidence. Others focused on appearance and their ability to face a client.

I found that many people focused on the college the particular candidate went to. It caused me to wonder what the value was of the school a candidate attended.

Experience reduces risk

When I went to school in the 1980s, school was cheap compared to today’s tuition rates. I graduated from Illinois State University. ISU is not heavily recruited from the top consulting firms. Those that give it the time of day only hire a select few. I received, at best, a passing glance from them. There were no second interviews.

Instead, I took a job at a small, privately held consulting firm as a computer programmer. I did the same as a lot of new developers for the big firms. I didn’t get paid as much, because my firm couldn’t bill me out for as much.

After four years with that small firm, they went out of business. It was a scary feeling. But within a couple of days, one of those large firms came in and said they would interview anyone interesting in talking to them.

Many of our people interviewed. That firm ended up extending offers to four people, and I was lucky enough to be one of them. It made me wonder, why was it that they couldn’t be bothered with me four years ago, but now I was so valuable.

It was pretty obvious to me that my four years of consulting experience proved a lot more than a four-year degree. Lots of people can eek through college. They can even get good grades. But they aren’t necessarily consulting material. Consulting demands more than just smarts. It requires the ability to think on ones feet. It requires people that have the confidence to make decisions, do hard work, lead others, and sell, all at once.

My four years of experience in consulting, and my willingness for more, showed them that I was good enough for them. At that point, they didn’t care what school I went to.

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It goes both ways

When I began interviewing experienced people, I found that some would draw attention to where they went to school. I would ask a question and they would reference an experience they had in college.

If someone went to the trouble of looking up my LinkedIn profile, they might bring up the fact that we both did our graduate work at Northwestern. Wink, wink, nudge, nudge.

I’ve always wanted to say, “Oh! I get it. The old boys’ network. You want me to hire you because we’re both in the same ‘club’.”

“Yeah. That’s how it works,” was the response I imagined.

When I interview experienced people, I might glance at their alma mater at the bottom of their resume (and it should be at the bottom). But it isn’t a factor in my decision. In my opinion, if you have four or more years of experience, you should have an entirely different set of laurels to rest upon.

If you have that much experience, and you’re still counting on the alumni network to get you a job, you might be doing something wrong with how you manage your career.

I’m not alone, but I’m not the majority

There are many people who feel the same way I do. Particularly those that have had to prove themselves every day because they didn’t go to Harvard. There is a large population of people who went to nobody schools, community colleges, or didn’t even finish. Many of them figured things out for themselves. They are successful despite a so-called limited education. Some of them are more successful because they were getting experience when many others were partying and going to football games in college.

There are many interviewers like me that look for those people. However, there are still those in power that will hire a twenty-year veteran because they were in the same fraternity at the same university. They may pass up someone with better experience, but with the bad DNA of a lowly college.

Conclusion

I suppose, what it comes down to is that you should market yourself with as many positive values as you can. Attend the most prestigious school that will accept you and that you can afford.

Once you get that education, make it count. A 3.6 GPA doesn’t add to a company’s bottom line. That GPA should translate to knowledge. Knowledge should transfer to ability. Ability should transfer to results. And those results should contribute to the bottom line.

What is the focal point of your resume?

As always, I welcome your comments and criticisms.

If you would like to learn more about working in consulting, get Lew’s book Consulting 101: 101 Tips for Success in Consulting at Amazon.com

101 Tips for Success in Consulting