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What I learned as a Consultant at PwC Part 1 - Page 2

Blogs > MightyAtom
Post a Reply
Prev 1 2 All
Ciryandor
Profile Blog Joined May 2010
United States3735 Posts
August 27 2010 03:52 GMT
#21
On August 27 2010 10:33 MightyAtom wrote:
Show nested quote +
On August 27 2010 08:25 Gnial wrote:
Wow, thanks for the awesome read. (I'm referring also to everything at your site, I just spent entirely too much time browsing through it)

It is great that you are giving this down to earth, basic explanation of business that the vast majority of us don't get to experience.

Anyone who grows up with family in law, medicine, politics, accounting, marketing, business etc. has this familiarity, or an understanding of the "know how", that opens the field up to you.

Trying to get into a field that you don't have this "know how" for can be so intimidating, and often-times appear completely unattainable.

For myself growing up in a law family, I've grown up with a relatively sophisticated understanding of the legal profession, and it has been a fairly simple and easy journey to law school. However, I've always had this fascination with business, stock markets, debt management, venture capital investments, etc. I have just never had a sophisticated understanding of it - the "know how" has eluded me, and without that know how it seems difficult, and intimidating, to pursue it.

I really appreciate the effort you put into making business "real".




Hey, thanks, I'm so glad that the blog actually comes across as that. ^^ But, yeah, that 'knowhow' is just so crucial. When I spend time with my uncle, its like I'm his favorite child now lol. Small things he says just always point in a certain direction that I fully understand what the significance is now, whereas I think when I first started in business, I would have never even picked up that his musing was something other than just an off hand comment.
But I hope I can get all my geek juniors to build a geek empire of domination. ^^ Cheers!


Living in the Philippines makes it look a bit similar and dissimilar to how things work there in Korea. Lots of places here put a premium on who you know and studied and worked with, but for everyone else, it's a virtual rat race like what you'd see in the West; only with the problem of a misfit in people skills and competencies. It makes me really appreciate how damn hard it is to break into the upper echelons of management nowadays. You can have everything; best school in the country, perfect course to take advantage of it, graduate early, have an excellent non-academic record to go with it; but not having that two Latin words after your degree title = NO GO right there. Also, now I realize; a marketer has to just BS their way to get their foot in the door. If you want to make it right, once you get that foot in, you have to prove every bit of it yourself. I hate missing out on opportunities, but I feel like I've hit my quarter-life crisis a year or two too early, and in the worst position possible; that of having no cushion of employment to catch me if I ever do strike out on it. It sucks, being 23, 2 years in the work force and only nine months activity to show for it; while my friends are already being promoted, transferred; and one of them's already out of the country as a regional office guy. >,<
에일리 and 아이유 <3 - O Captain 박재혁 ・゚✧*:・*゚+..。✧・゚:*・..。 ✧・゚ :・゚* ゜・*:・ ✧・゚:・゚:.。 ✧・゚ SPARKULING ・゜・:・゚✧*:・゚✧。*゚+..。 ✧・゚: ✧・゚:*・゜・:・゚✧*::
nayumi
Profile Blog Joined May 2009
Australia6499 Posts
August 27 2010 04:24 GMT
#22
such a cock tease D:

(yes I get orgasm over successful businessmen)
Sugoi monogatari onii-chan!
thedeadhaji *
Profile Blog Joined January 2006
39489 Posts
August 27 2010 05:52 GMT
#23
definitely a big fan of the Rich Dad Poor Dad series
MightyAtom
Profile Blog Joined June 2004
Korea (South)1897 Posts
August 27 2010 09:34 GMT
#24
Yes, its quite good to break that first level of perception in business. ^^
Administrator-I am the universe- Morihei Ueshiba
MightyAtom
Profile Blog Joined June 2004
Korea (South)1897 Posts
August 27 2010 09:35 GMT
#25
On August 27 2010 12:52 Ciryandor wrote:
Show nested quote +
On August 27 2010 10:33 MightyAtom wrote:
On August 27 2010 08:25 Gnial wrote:
Wow, thanks for the awesome read. (I'm referring also to everything at your site, I just spent entirely too much time browsing through it)

It is great that you are giving this down to earth, basic explanation of business that the vast majority of us don't get to experience.

Anyone who grows up with family in law, medicine, politics, accounting, marketing, business etc. has this familiarity, or an understanding of the "know how", that opens the field up to you.

Trying to get into a field that you don't have this "know how" for can be so intimidating, and often-times appear completely unattainable.

For myself growing up in a law family, I've grown up with a relatively sophisticated understanding of the legal profession, and it has been a fairly simple and easy journey to law school. However, I've always had this fascination with business, stock markets, debt management, venture capital investments, etc. I have just never had a sophisticated understanding of it - the "know how" has eluded me, and without that know how it seems difficult, and intimidating, to pursue it.

I really appreciate the effort you put into making business "real".




Ur right in your attitude though. If you were fully qualfied, you wouldn't need to accept that job. The jobs you get are the ones you aren't completely qualified. Just get the hell in and do your damnest to learn as quickly as you and work like a mofo. Hustle Hustle Hustle.
Cheers.

Hey, thanks, I'm so glad that the blog actually comes across as that. ^^ But, yeah, that 'knowhow' is just so crucial. When I spend time with my uncle, its like I'm his favorite child now lol. Small things he says just always point in a certain direction that I fully understand what the significance is now, whereas I think when I first started in business, I would have never even picked up that his musing was something other than just an off hand comment.
But I hope I can get all my geek juniors to build a geek empire of domination. ^^ Cheers!


Living in the Philippines makes it look a bit similar and dissimilar to how things work there in Korea. Lots of places here put a premium on who you know and studied and worked with, but for everyone else, it's a virtual rat race like what you'd see in the West; only with the problem of a misfit in people skills and competencies. It makes me really appreciate how damn hard it is to break into the upper echelons of management nowadays. You can have everything; best school in the country, perfect course to take advantage of it, graduate early, have an excellent non-academic record to go with it; but not having that two Latin words after your degree title = NO GO right there. Also, now I realize; a marketer has to just BS their way to get their foot in the door. If you want to make it right, once you get that foot in, you have to prove every bit of it yourself. I hate missing out on opportunities, but I feel like I've hit my quarter-life crisis a year or two too early, and in the worst position possible; that of having no cushion of employment to catch me if I ever do strike out on it. It sucks, being 23, 2 years in the work force and only nine months activity to show for it; while my friends are already being promoted, transferred; and one of them's already out of the country as a regional office guy. >,<

Administrator-I am the universe- Morihei Ueshiba
foeffa
Profile Blog Joined August 2007
Belgium2115 Posts
August 27 2010 13:16 GMT
#26
Interesting read, tx.
觀過斯知仁矣.
goldrush
Profile Blog Joined June 2004
Canada709 Posts
August 27 2010 14:02 GMT
#27
Working as a coop student in PwC's Advisory office here, I think that the experience greatly varies depending on where you work, which team you work with and the people in the office.

That said,I am going back for another semester and think that it's been a great learning experience for me. I have nothing but good things to say about how I have been treated so far.
MightyAtom
Profile Blog Joined June 2004
Korea (South)1897 Posts
August 27 2010 17:46 GMT
#28
On August 27 2010 23:02 goldrush wrote:
Working as a coop student in PwC's Advisory office here, I think that the experience greatly varies depending on where you work, which team you work with and the people in the office.

That said,I am going back for another semester and think that it's been a great learning experience for me. I have nothing but good things to say about how I have been treated so far.


For the Advisory side it is extremely different, as you know all firms are connected by a network structure to limit liability, so it depends on how much your firms and consulants are participating along the lines with PwC Global. But the Canadian firm is very solid from all accounts. But I'll give you an example, Samil PwC has had a number of exchanges with the PwC located in Taiwan because they don't make any money with their consulting division whatsoever. And I think about 5 years ago there was a scandel with the Japan PwC office, so the entire brand had switched firms.
But regardless of what country firm you are at (and most of the uniquiness of the story here is because it is Korea and the market position at 50%, here people don't know PwC as PwC, they know it by its Korean name of Samil), I have always appreciated the level of professionalism our firm has exhibited and I've a very proud graduate of PwC as well ^^

I have a friend in the vancouver office now- In koo. you should say hi to him, if you are in vancouver. Tell him that Dong Sup says hi. kekeke
Administrator-I am the universe- Morihei Ueshiba
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