September 27, 2009
First Post about Consulting
Wanting to write an elaborate first post about the Consulting industry and my past experiences, instead I came across this description of my former employer, Accenture:
“… Accenture’s model: hiring tech-savvy kids right out of college, making them work long days for large corporate clients, paying them $50 an hour, and then billing them out at $250 an hour. He thinks it is a good deal for the kids, the customers and, especially, Accenture.”
(http://online.barrons.com/article/SB125391748595942289.html?mod=BOL_hpp_dc)
Spoken like a script out of my 4 years with the company. Love it or hate it, their business model works and that’s why I still hold ACN shares.