Can you break away from your consulting firm?


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Read through this SlideShare for a better understanding of how to make this transition at the right time for you.
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Can you break away from your consulting firm?

  1. 1. Challenges In Leaving a Firm For Contracting
  2. 2. Breaking Away From Your Firm When you’re an employee of a consulting firm and you’re thinking about getting into contracting, one of the challenges you’ll face is being able to break away from that firm in a smooth manner.
  3. 3. The Majority of Consultants Most people who I talk to don’t want to leave a consulting firm in the middle of a project. Over the course of the contract, they build a relationship with the client and a personal investment in the project’s success.
  4. 4. What a Health IT consultant will inevitably tell me is . . . “I want to finish this project and look for a new project as soon as this project is completed.”
  5. 5. What they don’t realize is that, although they’re doing the right thing for their current project, they’re making things difficult on themselves if they don’t tell their employer consulting firm that they’re leaving after the project’s completion.
  6. 6. Trouble With Transitioning So, let’s say John is an employee of a consulting firm. Unaware of John’s decision to leave after his current project, the consulting firm begins to find a new project for John to start after his current one ends. What this means is that John’s profile may begin to be submitted to other clients, unbeknownst to him, anywhere from 30 to 60 days before his contract ends.
  7. 7. There’s really no reason for the firm to inform John each time his profile is sent out, because he’s their employee and this is how things generally work. However, each time John’s profile is sent out under the representation of this current firm, it will only create one fewer place that John can be presented by another firm on a contract basis. The consulting firm obviously does this to increase the chances of having another project for John, thus avoiding having to pay for unnecessary bench time.
  8. 8. This leaves only two options for John: 1. Leave in the middle of a 2. Inform his consulting project, when a new ideal contract opportunity is presented. firm 60 days prior to his project’s completion date that he’ll be leaving the firm once the project is completed.
  9. 9. There are, of course, a variety of other scenarios that can arise, which can be dealt with on a case-by-case basis, and no two situations ever seem to be similar. The point of this presentation is to call attention to the fact that some thought must be given ahead of time to making this transition as smooth as possible for all parties involved.
  10. 10. Learn More At Receive weekly tips from Healthcare IS on ways to improve your contracting career. •  •  •  •  Ways to negotiate How to get the right contract Who to work with Tips for traveling consultants