Learn The Management Consulting Career, Industry & Practices

Management consulting as a career, management consulting engagements and how management consultants create value
What you'll learn
Fixed Price billing versus Time & Materials and how this drives client engagement
How to set up a client engagement and the main phases of delivering value
The career path of management consulting and the differences between the career levels
Typical management consulting roles and how they contribute to client success
Best practice, what it means and why clients need it from consultants they hire
Billable hours and the importance of time management and delegation
The travelling lifestyle of a management consultant and a typical day
Solving client problems through structured, well managed engagements
The importance of easily accessible knowledge across a global workforce
The big names in the industry like McKinsey and Accenture
The mindset of a successful consultant and how they handle the pressure
The role of case studies and problem solving skills to drive value
Requirements
No course requirements
Description
"The resources are the best. Had no idea, now I feel equipped" - Shenayleigh S.""You need to know how to translate what you know into business value" - Peter Alkema. It was great to hear about the consulting world straight from the horse's mouth. I urge you to take this course before you consider consulting as a profession." - Calvin"This was a valuable course. I found it really expanded my knowledge of management consulting. I could reflect on my own career goals, my skill set, knowledge and experience and whether pursuing management consulting would be something worth pursuing." - Lorna W."Fantastic course on learning Management consulting with well articulated explanations. I have over a decade in IT consulting and all my personal experiences has been distilled in this course learning about Management consulting. Learned new concepts as well. Strongly recommend it to anyone who wants to start a career in Management Consulting." - Roger D."The use of digestible language and courses helps demystify the world of management consulting; and it answered questions I had with ease." - Kalin M."This course answers all the questions for someone who wants to know how a career in management consulting is all about. It is explains how diverse management consulting is and how it is a good career to pursue as it makes one an all rounder. Great course from Peter especially for those seeking a career in Management consulting." - Peter R.This course gives you the inside track on one of the most lucrative professions in the world. Management consultants are highly sought after by firms who want to achieve higher performance and need experts in best practices and solving complex business problems. In this course I draw on my ten years of experience in management consulting to teach you how the profession works, what you can expect as a consultant and how they work with clients to add value. If you ever wanted to learn about management consulting from someone who has truly been there and worked their way up through the system, then this course will give you that outcome. Each lesson includes a handy worksheet that provides quick reference to the key skills and insights that I teach you.In this course you will learn the following about management consulting:Which are the big firms and how do they differ from the specialist consultanciesA typical management consulting career path and how you can work your way up the ladderThe typical skills that you need to deliver value on client engagementsPricing and billing of client engagements and the role you play in managing financesThe reasons a firm will engage a team of management consultantsWhat type of roles you can expect if you become a consultant and how to position yourselfThe importance of always demonstrating business value to a clientThe increasing importance of delivering sales targets as you advance in a consulting careerA typical day in the life of a management consultantThe importance of being mobile in your management consulting careerThe reason I left management consulting despite enjoying numerous international projectsHow to integrate into the client's organisational culture and the pressures this createsWorking with multiple consultancies and my experience of working with McKinseyThe stages of a client engagement from the RFP through the project and close-outKnowledge exchanges and the importance of access to the skills of a global workforceThe reason that management consultants use case studies in their interviewsFixed price versus Time & Materials as different methods of billing and the pros and consBest practice in different industries, functions and what clients expect when they hire consultantsThe important difference between knowing best practice and being able to apply itTypical expectations of the different levels such as analyst, consultant and managerHow to understand the difference between specialist consulting and management consultingThe importance of delegating to empower younger, cheaper consultantsThe increasing levels of ownership that you need to demonstrate to get promotedThis course provides you with an indepth look at management consulting that can only come from extensive experience in the industry and inside knowledge. The lessons all build on eachother and fit together to give you a holistic learning experience that will position you with the knowledge and insights about management consulting that you need.
Overview
Section 1: Introduction
Lecture 1 Introduction
Lecture 2 Let's Celebrate Your Progress In This Course: 25% > 50% > 75% > 100%!!
Lecture 3 Introduce Yourself To Your Fellow Students And Tell Everyone What Are Your Goals
Section 2: Get The Inside Track On The Management Consulting Industry
Lecture 4 Learn About The Highly Competitive Management Consulting Industry
Lecture 5 You've Achieved 25% >> Let's Celebrate Your Progress And Keep Going To 50% >>
Lecture 6 The Management Consulting Industry
Section 3: Master A Career In Management Consulting
Lecture 7 Learn All About The Career Path Of A Management Consultant
Lecture 8 A Day In The Life Of A Management Consultant
Lecture 9 You've Achieved 50% >> Let's Celebrate Your Progress And Keep Going To 75% >>
Section 4: Understand How Management Consulting Engagements Work
Lecture 10 How Management Consultants Solve Strategic Business Problems
Lecture 11 Find Out How Management Consultants Make Money
Section 5: Learn About The Value That Management Consulting Offers
Lecture 12 You've Achieved 75% >> Let's Celebrate Your Progress And Keep Going To 100% >>
Lecture 13 Best Practice: Learn Why Firms Need It And How Management Consultants Deliver It
Lecture 14 Profile Of A Management Consultant: Skills For Accelerated Maximum Client Value
Section 6: Conclusion
Lecture 15 Bonus Lecture
Lecture 16 You've Achieved 100% >> Let's Celebrate! Remember To Share Your Certificate!!
Anyone who wants to find out more about management consulting


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