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Size Matters: Which Company is Better?
Bob Weinstein is a journalist who covers technology, project management, the workplace and career development.
Ten years ago I posed that question, and guess what my answer was? If you said “small company,” you are right. Right now, in June 2008, I’d say “large company.”
A lot of folks would disagree with me, especially small-company owners and thousands of people who are happy and content building careers with them. I’m not suggesting that they should think differently and start looking for jobs in large companies. There are thousands of small companies that are doing fantastically well, and that are likely to become successful global conglomerates one day. But there are just as many small companies that will go under rapidly. For that reason, young career-builders and career-changers might do better working for large, established companies with a strong future.
This doesn’t mean that all large companies are secure and safe havens, immune to the winds of economic change. Big companies also get taken over and merge with other big companies. And they occasionally topple because of corrupt or inept management. (Remember Enron?)
Whatever the marketplace realities, your chances of making a sound beginning are a lot better with a big company. Here’s why:
Likely to weather uncertain economies. In the late 1990s, small dot-coms were funded by overzealous venture capital firms literally bolting to superstar …
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"Conventional people are roused to fury by departure from convention, largely because they regard such departure as a criticism of themselves." - Bertrand Russell |