Reply to What is “consulting” in the business world

Forum Index » Off-Topic

Reply to "What is “consulting” in the business world"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Lots of good answers in this thread, except the post directly above, which while it has a kernel of truth behind it, is pushing it.

I spent 5 years in consulting, and have now been client-side for 12, and often hire consultants. I started as your typical 22 y/o out of a H/P/Y, and really enjoyed my time. You generally work with and for smart people, do interesting work, and make valuable contacts. Downsides are the hours (although not nearly as bad as IB) and the travel.

Examples of projects I worked on:

- A competitive benchmark of small business banks. 
- A bundling analysis for several financial services clients. 
- An opportunity assessment for a new B2B product in financial services. 
- Cost cutting opportunities in a company’s customer service department. 
- Creating a new strategic direction (ie vision, mission, purpose) for a travel company. 
- An evaluation of an existing digital JV between two massive companies that wasn’t going well. 
- An evaluation of whether a company should divest of a profitable business line that wasn’t growing no matter what they did with it. 
[/quote]

How do you know about all this at 22?
Is this mostly a  research job? [/quote]

How do anyone do anything at age 22 or anything for that matter?

Leverage prior examples, industry research reports, brainstorming with your team, seek guidance from SME within the company. [/quote]

They don't.  They'll use Google with wild abandon, rewrite senior colleague's experiences in their own words, or just wing it.[/quote]

This. The quality of work is appalling, and it's totally unfair (malpractice?) to expect 22 year olds with zero experience to be able to do something this complex that will hit the mark. I've been at a consulting firm for a few years now after 20 years in industry and am horrified at the quality of some of the work.

But the company would rather use a super low-cost resource than a SME with a clue so they can maximize profit. The smart 22 year olds realize how flawed the model is and get out. The ambitious ones who drank the KoolAid and are chasing Partner stay. And the system perpetuates itself. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics