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Published byMartin William Robinson Modified over 9 years ago
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A Career in Management Consulting
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Who is this guy? Bob Copeland, Principal: ksa n Purdue Graduate n Texas MBA Three Years with Andersen Consulting Seven Years with K n Information Technology Consulting n Process Improvement Consulting n Supply Chain Management Focus
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Who are K and Andersen Consulting ? K : The leading global management consulting firm specializing in the retail and consumer products industries Andersen Consulting: The worlds largest management consulting firm, providing an array of services, primarily focused on information technology
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What is management consulting? Providing assistance to individuals and organizations to successfully achieve change
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Why use consultants? Bring expertise Possess objectivity Possess objectivity Provide access to data Understand the process of change
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n Challenging work n Project focus n Creative environment n Thought leadership n Variety n Rapid career and skill development Ø early responsibility Ø leadership role n Challenging work n Project focus n Creative environment n Thought leadership n Variety n Rapid career and skill development Ø early responsibility Ø leadership role Why a career in consulting?
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Management Consulting: More than one thing Strategy Operations Finance ProcessImprovement Change Management Logistics Systems HumanResources
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Consultant’s moving towards broader services AndersenConsulting SoloPractitioners EDS / A.T. Kearney K singleservicebroadservice generalist sectorfocused Balance of Service Mix Breadth of Client Base McKinsey & Co.
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n Technology increasingly important for business advantage n Technology consultants with business focus n Lean companies, Internal expertise too expensive n Large integration projects IT Consulting: A growing opportunity
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Examples of challenging initial opportunities - IT n Assist in package software evaluation and selection n Create and execute test plans n Develop application prototypes n Flow chart existing processes n Assist in business process redesign
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Strategy Consulting Services n Business Strategy n Growth Strategy n Operating Strategy n New Capability Development
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Examples of challenging initial opportunities - strategy n Strategy study and competitive response formulation for a major discount retailer n Sourcing strategy for an entertainment giant’s retail stores n Revenue enhancement project for a movie theater chain n Process improvement projects for major high-end footwear manufacturer
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Recent K Clients T IFFANY & C O. JONES NEW YORK ®
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Strong Career Growth In Management Consulting
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Consulting career path Principal Manager Consultant
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Consultant: Gaining skills and responsibility n Develop technical skills n Gain early responsibility in leading client and consulting staff n Deliver quality work Consultant
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Manager: Leading the way n Manage projects n Become heavily involved in business development n Further develop industry and services expertise Manager
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Principal/Partner : The pinnacle n Manage complex, multi- functional projects n Cultivate long-term client relationships n Actively market consulting services n Develop new services and clients n Become shareholder Principal/Partner
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Ongoing professional development is key New Hires Initial training and orientation Each Year Ongoing training covering: technical & business skills technical & business skills areas of specialization areas of specialization industry developments industry developments On- Going end-of-project reviews end-of-project reviews career reviews career reviews
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Top students and strong compensation growth n Good academic performance n Relevant work experience n Leadership in campus activities n Good starting compensation n Fast growth: salary and bonus n Good starting compensation n Fast growth: salary and bonus
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Typical consulting recruiting process Steps Information sessions Information sessions First-round interviews on First-round interviews on campus campus Possible second-round interviews on campus Possible second-round interviews on campus Final-round interviews in Final-round interviews in office office
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