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Management Consulting : A Guide to the Profession
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Business and Management Consulting : Delivering An Effective Project
For undergraduate and postgraduate students in management consulting and MBA courses with a consulting module. Gain consulting insights into business decision making in today’s environment Business and Management Consulting, 6th Edition, by Wickham and Wilcock, was first published as Management Consulting over 20 years ago to guide students through the consultancy process.This new, renamed edition reflects the way in which the consulting world has changed over the past two decades.New digital technologies have made information more accessible and changed the way businesses operate in today’s faster-paced, more volatile environment, so management consultants need to have a wider view of their client company. Management consulting remains a popular career choice but undertaking a consulting project for the first time can seem daunting.This book continues to offer a practical guide to balancing theory and practice, while also giving tips and techniques to the more seasoned practitioner, so it is ideal for anyone who is undertaking a consulting project.This is delivered from the accumulated knowledge and insight of the authors and contributors, who all have been consultants. Pearson, the world's learning company.
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Statistical Consulting
The motivation for this book arose from the statistical consulting course that we have taught regularly for several years.In that course, we focus on the themes: • Understanding the statistical consulting "process" • Developing effective communication skills • Obtaining experience through case studies.In reality, there is no substitute for consulting directly with a client and for this interaction to be effective, good communication skills are essential.Unfortunately, this aspect of a statistician's training is often neglected and statistics graduates have little choice but to learn these skills on the job.One of the purposes of this book is to address this need.Statistical consulting occurs in a diverse range of environments and for tackling real-life statistical problems, the statistician needs to have a strong interest in the scientific method.History itself provides the best examples for developing this interest and so we begin with a brief historical voyage in Chapter 1.There's no time like the present, of course, and in the remainder of this chapter we describe some of the environments in which statistical consulting plays a major role.A detailed discussion on verbal and written communication skills that will be required in a consulting environment is presented in Chapter 2.
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Portfolio Management : Delivering on Strategy
Portfolio management is becoming the ‘must have’ for organizations to prosper and survive in this decade and beyond.No longer can the organizational focus be one of following best and repeatable practices as resource limitations mean only those programs, projects, and operational work that add business value can and should be pursued.Executives are focusing on strategic ability and managing complexity, which can only be done through a disciplined portfolio process in ensuring the best mix of programs, projects, and operational work is under way.In turn, the portfolio is constantly in flux as difficult decisions are made if a project, for example, is no longer contributing to business value and providing benefits and should be terminated to reallocate resources to one of higher priority.Commitment to this difficult approach is necessary at all levels, and communication is required so everyone knows how their work contributes to the organization’s strategic goals and objectives. Portfolio Management: Delivering on Strategy, Second Edition focuses on the benefits of portfolio management to the organization.Its goal is to provide senior executives a view on how portfolio management can deliver organizational strategy.The emphasis is on the specific aspects within the portfolio management discipline and how each aspect should be managed from a business perspective and not necessarily from a portfolio management perspective.Highlights of the book include:Agile portfolio management Delivering organizational value Portfolio management and uncertainty Portfolio governance Marketing a portfolio Portfolio management success Starting with a review of the project portfolio concept and its development, this book is a reference for executives and practitioners in the field, as well as a students and researchers studying portfolio management.
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How much power do management consulting firms have?
Management consulting firms have significant power due to their expertise in providing strategic advice and solutions to businesses. They often have influence over decision-making processes and can shape the direction of a company's operations and growth. Their recommendations can have a major impact on a company's success, making them powerful players in the business world. Additionally, their access to a wide network of industry contacts and resources further enhances their influence and power.
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How can one get into investment banking or strategy consulting?
To get into investment banking or strategy consulting, one should focus on building a strong academic background, preferably in finance, economics, or business. It is also important to gain relevant work experience through internships or entry-level positions in finance or consulting firms. Networking and building connections within the industry can also be beneficial, as well as obtaining relevant certifications such as the Chartered Financial Analyst (CFA) designation for investment banking or the Certified Management Consultant (CMC) designation for strategy consulting. Finally, preparing for and excelling in the rigorous interview process for these competitive fields is crucial.
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How does one get into investment banking or strategy consulting?
To get into investment banking or strategy consulting, one typically needs a strong academic background, such as a degree in finance, economics, business, or a related field. Internships or work experience in relevant industries can also be beneficial. Networking is crucial in these competitive fields, so attending industry events, reaching out to professionals for informational interviews, and building relationships with recruiters can help open doors. Additionally, preparing for case interviews and demonstrating strong analytical and problem-solving skills are important for securing a position in investment banking or strategy consulting.
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What career opportunities are there after studying in the field of financial management and tax consulting?
After studying financial management and tax consulting, there are various career opportunities available. Graduates can pursue careers as financial analysts, tax consultants, investment bankers, financial managers, or even start their own consulting firms. They can also work in accounting firms, financial institutions, government agencies, or corporate finance departments. Additionally, they may choose to specialize in areas such as international taxation, mergers and acquisitions, or risk management, providing them with a wide range of career options in the finance and tax consulting industry.
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Management Consulting Projects : A Step-by-Step Experiential Guide
This textbook provides students with an easy to use, proven roadmap for completing a successful consulting project from start to finish. Primarily designed for students who work as outside consultants on solving client problems and investigating potential opportunities, the textbook’s structure first explains the consulting process to students and then depicts it in a chronological flow, using real-life examples to demonstrate practical application.Each section builds upon the previous one, focusing on the development of critical thinking, problem solving, and communication skills for employability.Now in its sixth edition, this text has been fully revised to bring it up to date with the current business context and global environment, including: A major expansion of the tools and resources needed for students to conduct research on a client’s situation. A new final chapter that ties the overarching consulting process together and focuses on how the student should use this experience for their own professional development. New examples of award-winning projects to provide practical guidance. Fresh material on the use of new technologies in the consulting process, ethics and data management, and remote working. This well-renowned model promotes a conceptual understanding of the consulting process and the interactions between and among students, the team, the client, and the instructor.Management Consulting Projects should be essential reading for experiential Business Consulting modules, Small Business Management, and Strategic Management at postgraduate and MBA level.
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Consulting For Dummies
A clear, concise resource for entering this lucrative career fieldConsulting For Dummies, 2nd Edition includes a reorganization and narrower focus of the topic, with new or updated information that delves into the specifics of running your own consulting business.There is greater emphasis on the business of consulting, along with financial and legal issues involved in setting up a consulting business, deepening coverage of consulting proposals, and entirely new chapters on higher-level consulting issues that more-established consultants are demanding.
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The Boston Consulting Group on Strategy : Classic Concepts and New Perspectives
A collection of the best thinking from one of the most innovative management consulting firms in the world For more than forty years, The Boston Consulting Group has been shaping strategic thinking in business.The Boston Consulting Group on Strategy offers a broad and up-to-date selection of the firm's best ideas on strategy with fresh ideas, insights, and practical lessons for managers, executives, and entrepreneurs in every industry.Here's a sampling of the provocative thinking you'll find inside: "You have to be the scientist of your own life and be astonished four times:at what is, what always has been, what once was, and what could be." "The majority of products in most companies are cash traps . . . .[They] are not only worthless, but a perpetual drain on corporate resources." "Use more debt than your competition or get out of the business." "When information flows freely, reputation, more than reciprocity,becomes the basis for trust." "As a strategic weapon, time is the equivalent of money, productivity,quality, even innovation." "When brands become business systems, brand management becomes far too important to leave to the marketing department." "The winning organization of the future will look more like a collection ofjazz ensembles than a symphony orchestra." "Most of our organizations today derive from a model whose original purpose was to control creativity." "Rather than being an obstacle, uncertainty is the very engine of transformation in a business, a continuous source of new opportunities." "IP assets lack clear property lines.Every bit of intellectual property you can own comes with connections to other valuable innovations."
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Socio-Economic Approach to Management : Science-Based Consulting for Sustainability
The Socio-Economic Approach to Management (SEAM) is a management methodology for developing the sustainable performance of organizations.It finds its roots in a socially responsible vision of capitalism and its originality is to offer a unique management model useful for sustainably managing people and providing socially responsible consulting, as well as for carrying out research-interventions and creating knowledge.This book is the first to present in a synthetic way and illustrate with case studies the political, managerial and scientific dimensions of SEAM. This methodology has been successfully tested on thousands of companies and organizations from 48 different countries since 1974 and distinguished by prestigious French and American academies.It aims to convert the hidden costs of social dissatisfaction (absenteeism, excessive staff turnover, underproductivity) into economic value for the organization, which can be used to increase salaries, self-financedinvestments, master budgets or remunerate shareholders.It will be of great interest to students and scholars of management, as well as practitioners and consultants.
Price: 34.99 £ | Shipping*: 0.00 £
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What exactly does one do in a management consulting firm?
In a management consulting firm, one typically works with clients to solve complex business problems and improve their performance. This can involve conducting research and analysis, developing strategic plans, implementing new processes or technologies, and providing recommendations for organizational change. Consultants often work closely with client teams, providing expertise and guidance to help them achieve their goals. Additionally, they may also be involved in business development activities, such as identifying and pursuing new client opportunities. Overall, the role of a management consultant is to help organizations improve their operations and achieve their objectives.
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Who works in HR recruiting at a management consulting firm?
In a management consulting firm, the HR recruiting team typically consists of HR recruiters, talent acquisition specialists, and HR coordinators. These professionals are responsible for sourcing, screening, and hiring candidates for various positions within the firm. They work closely with hiring managers and partners to understand the staffing needs and requirements for each role, and they play a crucial role in attracting top talent to the organization. Additionally, they may also be involved in onboarding and orientation processes for new hires.
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What is tax consulting?
Tax consulting is a service provided by professionals who specialize in tax law and regulations. These consultants help individuals and businesses navigate the complexities of tax laws to minimize their tax liabilities and ensure compliance with regulations. They provide advice on tax planning, preparation, and filing, as well as help clients understand the implications of various financial decisions on their tax obligations. Overall, tax consulting aims to help clients optimize their tax situation and make informed financial decisions.
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What is technical consulting?
Technical consulting is a service provided by experts in a specific field to help businesses solve complex technical problems or improve their technical processes. These consultants offer advice, guidance, and expertise to help companies make informed decisions and implement effective solutions. Technical consulting can cover a wide range of areas such as IT, engineering, software development, and more, depending on the specific needs of the client.
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