Download PDF Succeeding as a Management Consultant: Learn the skills used by the leading management consulting firms, such as McKinsey, BCG, et al. By Safarova Kristina

Download PDF Succeeding as a Management Consultant: Learn the skills used by the leading management consulting firms, such as McKinsey, BCG, et al. By Safarova Kristina

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Succeeding as a Management Consultant: Learn the skills used by the leading management consulting firms, such as McKinsey, BCG, et al.-Safarova Kristina

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Ebook About
You need to learn to manage a study like a McKinsey or BCG consultant, without having to work at the firm, and develop deep insights.Now in its 10th year of publication, in its 2nd edition and having been used in over 150 countries, this book summarizes the teaching of the author and the eminent ex-McKinsey, BCG et al. partners who produce all our content on StategyTraining.com. This is the companion guide to our popular book, The Strategy Journal.Follow an engagement team as they assist a large company in diagnosing and fixing deep and persistent organizational issues over an 8-week assignment. Learn how they successfully navigate a challenging client environment, frame the problem and limit the scope, develop hypotheses, build the analyses and provide the final recommendations.For the last 10 years you have seen us solve significant business problems and publish them on StrategyTraining.com. These include helping a bank enter the US market, merging IT companies, developing a digital strategy for a bank, launching an electric car business and more. This book summarizes the underlying process common to all those studies.You will learn how to:Define the problem statement.Build a unique framework for the problem.Prioritize the framework for analyses.Develop hypotheses.Prepare tests for the hypotheses.Collect data for the tests.Build a storyboard.Yet, studies are about managing teams of consultants. This book shows you how to use the tools, and the soft skills, to manage the study and team:Project chartersProject logicTimelinesOpportunity chartsBenefits chartsTop-down vs Bottom-up analysesFocus interviewsInternal / Client project update meetingsPre-PresentsImplementation PlanningQuick win developmentManaging a client workshopWritten as a story running week by week, the book takes you into a study, as seen through the eyes of the business case leader. You can follow step-by-step as the team prepares for the study, all the way to the final report. You will be able to see the analyses produced and slides developed.Clients who have used the book report:Greater influenceGreater recognitionRapid promotionsFaster projectsDeeper insightsA sense of purposeRESERVE YOUR SPOT FOR FREE EPISODES FROM EX-MCK ET AL. PARTNERS AT FIRMSCONSULTING.COM/PROMO

Book Succeeding as a Management Consultant: Learn the skills used by the leading management consulting firms, such as McKinsey, BCG, et al. Review :



Let me preface this review by saying that I have been both a Consultant and a consulting Client in various roles for the past 15 years. As a Consultant, working for a boutique firm I never had any formal training. Everything was “on-the-job” and learned through experience. This book is a must-read for those in consulting and aspiring to be in consulting. It’s an outstanding read and one that I would not only recommend for those in advisory roles but, for leaders in client organizations who want to understand the anatomy of a consulting engagement.I loved the first several chapters of this book which introduced the important topics of Ethics and Business Judgement. These are so important in today’s business environment and the perspective of the author was very insightful.The flow of the book was outstanding - following a consulting engagement week-by-week and day-by-day and highlighting the thinking, problem solving, and client interactions along the way. It was a thought-provoking read that taught this career-advisor some new and interesting things.I loved the book and am thrilled that there is a resource for those, like me, who are passionate about becoming better advisors and want resources like this one that help highlight how to drive towards better client outcomes.
As someone who went through an MBA program and ended up working at a Big 4 consulting firm I want to add some perspective on why I really enjoyed reading this book and why the lessons contained within it are worth their price in gold. Most MBA programs make their students read a book known as the “The Goal” which disguises key learnings for Operations Management within the form of a novel. This book does the same thing but WAY better using the brilliantly illustrated story of Goldy, a fictional gold mining company in Brazil, that hires a consulting team to help solve its big issues. This book is to Consulting as The Goal is to Operations.Right from the prologue, the story captures you and invests you in the story of the engagement team. I especially liked how the book is written in chronological order going from Week 0 to Week 8 of the engagement sprinkling in the right contextual learnings throughout. This book really helps you think about problems differently and in a systematic way that makes sense that I haven’t seen taught anywhere else. Not even during my MBA program. As someone who now works in consulting I can attest that this book should be required reading for all new hires before their first day on the job. There is no training equivalent for the skills taught in this book.Additionally, as someone who has read the 1st version of this book, I can attest that the improvements to the 2nd edition are incredible and really enhance the reading! For example, there are new sections on business judgment and ethics that really help put the story in context but at the same time take the teaching to a much deeper level. These principles then show up in the story and give it more color and depth. Finally, there are new diagrams added that really help illustrate the points better. A picture is worth a thousand words.Overall, I would highly recommend this book to anyone that is interested in learning some of the most effective problem solving methods available and would absolutely make this mandatory reading for anyone even thinking about being a consultant at any point in their life. Currently consultants would be doing themselves a huge disservice not reading this book. Basically, if you’re even thinking about going into consulting someday, make sure you’ve read this book twice before your first day on the job!

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