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One can earn as much from consultancy as from working for a company, say former execs

31.03.2010, 23:11 20

Dragos Dinu, former CEO of pharmaceutical group A&D Pharma,and Nicolae Voiculescu, former head of Novartis Romania, say onecan earn as much from consulting as in a private company.
In 2008 they established healthcare industry consultancy LinkResource together with Ion Nestor, managing partner of law firmNestor Nestor Diculescu Kingston Petersen (NNDK), and last yearposted an over 1 million-euro turnover.
"2009 was a good year, and results were above forecasts. For 2010we have set a growth target of 25-30%," said Nicolae Voiculescu,Link Resource partner. He specified that the growth would mainlycome from new clients. At the beginning of last year the companyhad 3-4 clients, with its portfolio currently including 20 names.The biggest contract was worth "a little over 200,000 euros," butLink Resource shareholders did not specify the names of theclients.
As for the reasons for which managers leave companies in favour ofconsulting, Link Resource representatives say there are times whenmoney is no longer an incentive. "You gather expertise and feel youwant to generate value. It can happen within a company, as well,but what do you do when you have reached a top position and havenowhere to go from there?," says Dragos Dinu, Link Resourcepartner.
Dragos Dinu is one of the best-known people in the pharmaceuticalindustry, with a six-year mandate at the helm of the biggest localpharmaceutical group, A&D Pharma, under his belt.

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