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Management Consulting

Management consulting refers to both the industry of, and the practice of, helping organizations improve their performance, primarily through the analysis of existing business problems and development of plans for improvement.

Organizations hire the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice, access to the consultants' specialized expertise, or simply as extra temporary help during a one-time project, where the hiring of more permanent employees is not required.

Because of their exposure to and relationships with numerous organizations, consulting firms are also said to be aware of industry "best practices", although the transferability of such practices from one organization to another is the subject of debate[citation needed].

Consultancies may also provide organizational change management assistance, development of coaching skills, technology implementation, strategy development, or operational improvement services. Management consultants generally bring their own, proprietary methodologies or frameworks to guide the identification of problems, and to serve as the basis for recommendations for more effective or efficient ways of performing business tasks. (Wikipedia.org)

Network Leader: Michael Fanelli
 
Claire Veuthey Hi all, looking to get into consulting. Last time I tried, the 'fit' part went well but my quant skills need work. Any advice on how to beef those up? I was thinking of studying for CFA1- is that ...MoreHi all, looking to get into consulting. Last time I tried, the 'fit' part went well but my quant skills need work. Any advice on how to beef those up? I was thinking of studying for CFA1- is that too much as a 1st goal?

14 weeks ago from Management Consulting

Jodi: as a consultant the most important skill to have is attractive interpersonal skills - are you an interesting person who inspires others and ...Moreas a consultant the most important skill to have is attractive interpersonal skills - are you an interesting person who inspires others and motivates them to leave the best work on the table?
13 weeks ago
Scott Rafferty: I agree with Jodi. It also depends on what sphere of consulting you want to get into. I work in a side of consulting, change management, that ...MoreI agree with Jodi. It also depends on what sphere of consulting you want to get into. I work in a side of consulting, change management, that required little quant but a great deal of logical problem solving, relationship building, and interpersonal communication skills. If you want to get into competitive strategy and things like that, then yes you need to beef up the quant skills. Historically, the CFA1 program is for finance and investment folks who use that training to advance their understanding of financial movement. Probably more than you need. However, Andrea is right in that you could probably take some classes at the local U and get the things you need.
1 week ago
 
Jacob Revold How do you manage your cross-cultural teams: MoreHow do you manage your cross-cultural teams: http://www.revold.no/2010/02/cross-cultural-awareness/

5 weeks ago from Management Consulting

Bryon Ownby: Great article! (and such much needed in the work place)
3 weeks ago
Jacob Revold: Thank you Bryon, I'm glad you enjoyed it! Looking forward to hear more from you at Brazen !
3 weeks ago
 
 
Jacob Revold Want some input on IT project management? MoreWant some input on IT project management? http://www.revold.no/2010/02/my-11-main-lessons-for-it-project-management/

6 weeks ago from Management Consulting

 
Ben Baran Hi folks. Just joined this network, looking forward to getting involved!

6 weeks ago from Management Consulting

 
Jacob Revold Difficulty running efficent meetings?
More
Difficulty running efficent meetings?
http://www.revold.no/2010/02/how-to-run-those/

6 weeks ago from Management Consulting

 
Jodi Change agent on board.

15 weeks ago from Management Consulting

Daniel Hoang: Welcome Jodi, what are your tips for affecting positive change?
14 weeks ago
Jodi: my tip for affecting positive change is...be a mentor. If you see something that requires change (there is always something), find one person who ...Moremy tip for affecting positive change is...be a mentor. If you see something that requires change (there is always something), find one person who is open to mentoring. build a personal relationship with them based on what you respect about them (soft skill/ hard skill). share with them your knowledge and skills. let them direct you and enlighten you and do the same for them. other team mates will notice. then encourage more mentoring. great teams are teachable and transparent
13 weeks ago
 
Claire Veuthey Another question: I'm looking to speak to someone who works/has worked at Ergo Consulting (ergo.net). Can anyone put me in touch?

14 weeks ago from Management Consulting

 
Tyler J. Durbin Here's a great way to be more productive and less stressed out...I'm using it now. http://bit.ly/YK8Sl Let me know ...MoreHere's a great way to be more productive and less stressed out...I'm using it now. http://bit.ly/YK8Sl Let me know your thoughts....

18 weeks ago from Management Consulting

 
Tyler J. Durbin I had some issues at work I needed to solve from last week. What do you think of the process I took? Check out how I handled it @ MoreI had some issues at work I needed to solve from last week. What do you think of the process I took? Check out how I handled it @ http://www.genyjourney.com

18 weeks ago from Management Consulting

 
Andrea Rice Guide to getting a good job in management consulting - http://bit.ly/12dClf Links to good articles to help you get ...MoreGuide to getting a good job in management consulting - http://bit.ly/12dClf Links to good articles to help you get a consulting job.

22 weeks ago from Management Consulting

Dhruv Devasher: Thanks for the link Andrea, good stuff.
18 weeks ago
 
Daniel Hoang What industries do you serve? What is your area(s) of expertise?

19 weeks ago from Management Consulting

TroyW: I am a user experience specialist, which means I can potentially serve any industry. (Though I've done a fair amount of work in health care and ...MoreI am a user experience specialist, which means I can potentially serve any industry. (Though I've done a fair amount of work in health care and education.) We seek to understand how people use products, including websites, and design solutions uniquely tailored to them...and to business, since the interactive sphere is typically a twining-together of both. Amazon's a prime example of good UX.
19 weeks ago
JP Michel: Hi Daniel, how are you?
My firm specializes in industrial-organizational psychology, helping organizations tackle HR problems. ...More
Hi Daniel, how are you?
My firm specializes in industrial-organizational psychology, helping organizations tackle HR problems. Specifically, we offer executive coaching, career management and selection and assessment. We work with the federal government, as well as private sector companies including banks and different groups in manufacturing.

19 weeks ago
 
Michael M Hi. I have just graduated from uni. Which jobs/sectors will let me gain the appropriate skills to help me develop a career mangement conslt?

25 weeks ago from Management Consulting

Jack McCallum: It depends on your industry interest. Do your research, though. And good luck because this economy isn't leaving room for many options.
24 weeks ago
 

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