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Do you stumble when asked why you’d be a great consultant? Learn more about the interview preparation course and guide that helped land offers at BCG, Accenture, and McKinsey. Master fit questions, conquer case studies, and become the smartest interviewer in the room. ” -Giulia, Chicago Booth alum.
All consultants and coaches need to be clear on the differences between their role and the role of their clients. Related: Consulting vs. Leading. If you don't feel comfortable selling your consulting and coaching services - hooray! Related: Framing & Empathy - The Little Known Way of Establishing Consulting Credibility.
As a self-employed consultant do you really need a website? I’m asked this a lot, particularly if a consultant gets most business from referrals or they contract through agencies or boutique firms. Indeed, I know dozens of independent consultants making six-figure incomes without one. If you don’t, keep reading!
Download Episode Transcript. As the consultant on the project, I took a lot of time and care to interview each executive. If that's the case for you, I'd love for you to grab your copy of my guidebook "Organizational Consulting 101." I'll never forget the moment when I first fell in love with corporate politics.
The journey to management consulting has many pitfalls that a candidate needs to navigate. Along the way, every candidate will encounter the caseinterview. As monstrous as it may look, it is said that the caseinterview reflects the reality of day-to-day consulting. Caseinterview structure.
Case questions form the cornerstone of the consultinginterview, and reading this blog or reviewing the case prep resources listed below will not be sufficient preparation. Many experts recommend at least 30 mock caseinterviews with friends, classmates, contacts in the industry and anyone else who is willing to help.
Do you stumble when asked why you want to do consulting? Through Management Consulted, I’ve written article upon article about the consulting industry. From salaries to travel, from boutiques to MBB, I’ve helped people understand the job, write the perfect resumes , and ace the toughest interviews.
If you get stuck during a case question then there are four (4) things you can do to regain momentum. If the interviewer has just given you some information then you can say something like “let me take a second to consider that information”. Is there an obvious element of the case that you haven’t considered?
ARE you preparing for consultinginterviews? In this post we provide 10 tips for nailing the caseinterview, written in stone. When it comes to the caseinterview, preparation is crucial for three reasons: The interview process is extremely competitive. Practice, practice, practice. Take notes.
Are you applying to consulting jobs in the good ol’ U.S. We have prepared a guidebook that profiles the most prominent consulting firms in America. You can download the guidebook here for free, no member sign-up required. Wanting to pursue prosperity, success and a better life? Are you faster than a speeding bullet?
“What are examples of some of the best consultant websites?” ” “Why does an independent consultant need a website?” ” As a specialist in design, copywriting, and marketing for consultants, I’m biased. I believe every consultant should have a website. It even instills confidence in you.
IN this post we look at the structure of the consultinginterview. Firms will normally conduct two or three interview rounds, and each round will consist of two or more interviews back-to-back. In these firms the interviewer will lead the interview.
As part of a case question a candidate will be required to consider a hypothetical business situation, uncover the source of the problem, develop a solution, and provide recommendations. This process will involve presenting a structure for analysis, making a series of common-sense assumptions, and asking the interviewer clarifying questions.
There are six types of questions that you may encounter in the consultinginterview: Behavioural interview questions; Guesstimate questions (aka market sizing); Math questions; Brainteasers; Factor questions; and. Business case questions (these form the cornerstone of the consultinginterview).
At the end of a case question it is important to provide a summary of the problem and a set of actionable recommendations that answer the question. Recommendations should be justified with the key findings that you had been noting down as you progressed through the case. (Source: Flickr ).
CaseInterview Dress Code. I often get questions about the dress code in a caseinterview. I cannot thank you enough for providing: The free caseinterview preparation videos on your blog. your frequent "insightful" emails sharing interview experience of other candidates.
Here are five ways that you, your business or your client’s business might benefit from creating an app: Pay per download – some apps cost money, so you might decide to charge users a fee to download your app. Each download means money in your pocket. Graduate Consulting Group. CaseInterviews.
IN this post we consider some consultinginterview basics: what to expect, what to wear, and what to bring. Consultants are the public face of a consulting firm, and firms need to be able to trust consultants to interact with senior clients including CEOs and executive board members. What to Expect.
The second stage of a consultingcase question, after setting it up, is to solve the problem. Here are six (6) tips for successfully tackling a case question: Find the source of the problem – You might get asked a question such as “Profits have declined, what should we do?” (Source: Flickr ).
ARE you an aspiring management consultant? Over the coming months we will be posting about the consultinginterview. In this post we look at the purpose of the consultinginterview. The purpose of the consultinginterview is twofold. Why do interviewers use the Airport Test? Two reasons.
If you are a STEM major looking to go into technical consulting, whether at a large generalist firm or a small boutique one, you will likely need to draw upon your knowledge of digital tools and skills. However, some of the specific technical software you might use in graduate school may not be the same ones used in consulting.
I interviewed with a number of top firms, and despite feeling well prepared, I wasn't invited to the next round. After much soul searching I discovered your website and watched your videos and downloaded LOMS. Your advice on how consultants think was excellent. I had thought doing 7 or 8 'live' cases was good practice.
If you want to practice case questions, I highly recommend Marc Cosentino’s book Case in Point. You can also access sample case questions from various consulting clubs here , and from the following consulting firm websites: McKinsey & Company ; Bain & Company ; Oliver Wyman ; Deloitte ; A.T. Consulting.
IN this post we look at researching consulting firms. Researching consulting firms doesn’t just help you prepare your application and improve your interview performance, it will also help you decide whether you are really interested in pursuing a career in the consulting industry. Why, how and what should you research?
So, you recently graduated high school, got into a top school, and now suddenly you are bombarded with talk about internships, clubs, top firms, consultinginterviews, and more. All the case prep, interview practice, and networking in the world will be for naught if your resume lets you down. Build out your resume.
Consultants work on projects of varying lengths, and are often required to travel to work on site with the client. The specific tasks that a consultant undertakes will depend on which firm she works for, the project requirements, as well as her level of seniority and experience. (Source: Flickr ). Research and Analysis. Implementation.
Value Chain Analysis is another tool that may prove useful during the consultingcaseinterview. It can be used to analyse the cost structure of a company as part of a declining profitability case, or to analyse the supply chain as part of an operations case. (Source: Flickr ).
The product-market expansion matrix may prove useful in the consultingcaseinterview and is relevant when considering growth strategies. For more information on consultinginterviews, please download “ The HUB’s Guide to ConsultingInterviews “ ]. (Source: Flickr ).
Whether you’re recruiting for consulting via a graduate program or going it alone, the process is extremely time-consuming and chaotic. Effectively managing the flood of information on companies, contacts, and case-prep is half the battle. Purpose: To track cases both given and received. Companies (Applications).
When it comes to answering a consultingcase question, there are three stages to the answer: setting it up, solving it, and providing a recommendation. The first stage is setting it up, and below we provide five (5) steps to setting up a case question: 1. Be clear about the objective of the case. (Source: Flickr ).
While you may not directly use the 7 S Model in the consultingcaseinterview, it will give you a deeper understanding of how to examine the inner workings of an organisation, identify strengths and sources of competitive advantage, as well as weaknesses and reasons why an organisation may not be operating effectively.
Below we provide a selection of sample consultingcase questions. For more information on consultinginterviews, please download “ The HUB’s Guide to ConsultingInterviews “ ]. (Source: Flickr ). Declining Profitability. Our client is eBay.
The outsourcing matrix may prove useful in the consultingcaseinterview, either as a standalone framework or as part of a larger profitability framework. For more information on consultinginterviews, please download “ The HUB’s Guide to ConsultingInterviews “ ].
The guesstimate question frequently comes up in consultinginterviews. It will often be a market sizing question, which may be a standalone question or part of a larger case question. The guesstimate question is quite different from the kind of interview questions that you are probably used to. (Source: Flickr ).
While it may not be a core framework for solving consultingcase questions, the BCG Growth Share Matrix can help to broaden your understanding of how a company might want to allocate cash between products and business units. (Source: Flickr ). Dogs are low market share low growth products. BCG refers to these products as “cash traps”.
If you are offered a position with a consulting firm (and are happy with the terms of the offer) then feel free to accept it. However, the recruitment manager may conveniently forget to provide this, in which case you should set out the agreed terms in an email and send it to the recruitment manager. (Source: Flickr ).
Consulting lead generation isn’t easy, especially when done online. Now, B2B decision makers are actively looking for consultants online, and your digital presence can be a huge part of how you generate new conversations with buyers. Downloadable, Educational Content. 64 Lead Generation Techniques for Consulting Companies.
Four P’s Analysis is a framework that may prove useful for solving consultingcase questions. For more information on consultinginterviews, please download “ The HUB’s Guide to ConsultingInterviews “ ]. (Source: Flickr ). There are three key pricing strategies to consider.
CASE STUDY. Key to her success was filtering the vast amounts of materiality data, confirming and prioritizing ongoing sustainability projects around the globe, identifying internal allies, and building a case for change in parallel to the expectations of the senior leadership team. DownloadCase Study.
In this post we outline some mathematical concepts that may prove useful for solving consultingcase questions. The rule can be described by the following equation: [For more information on the consultinginterview, download “ The HUB’s Guide to the ConsultingInterview “ ].
I used your framework in every caseinterview and constantly reminded myself of the things you taught me! There's no way I would have been as confident as I was in the final round interview, if I had not used your Look Over My Shoulder ® Program. Thank you so much for all of your help throughout the process.
I wanted to share this field report from an F1Y who took a non-traditional route into consulting, had to prepare without the resources available on campus, and faced numerous disadvantages but still secured an offer. I have a unique background, and am what I consider an unlikely candidate for a top 3 consulting firm.
The profitability framework is probably the most important framework for solving consultingcase questions. For more information on the consultinginterview, download “ The HUB’s Guide to the ConsultingInterview “ ]. Profit equals revenue minus cost. Refinance outstanding debt.
The Three C’s Framework may prove extremely valuable for consultingcase questions. For more information on consultinginterviews, please download “ The HUB’s Guide to ConsultingInterviews “ ]. (Source: Flickr ). It involves examining customers, competition, and the company.
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