Showing posts with label Consulting. Show all posts
Showing posts with label Consulting. Show all posts

Wednesday, February 16, 2011

The Future of Information Technology

Accenture's latest report on the IT sector challenges traditional and conventional structure of enterprise computing. Out of 400 hypotheses developed by their research team, 50 were finally found to be defensible and these were developed into 8 significant trends. The essence of the vision lies in the changing role of IT - from being a support function, it will now be taking center-stage by actually driving business performance.
"Accenture Technology Vision 2011" will be an interesting read for anyone interested in IT and its future direction. Download the entire report or an executive summary here.

Sunday, September 12, 2010

The A-Z of Consulting Interviews

How many autorickshaws ply in Delhi everyday?
How much do the Rajasthan Royals earn each year?
How much does the Empire State Building weigh?
How many petrol pumps are there in Jamshedpur?

To find-or speculate- about the answers to all these questions, and much more, check out the links to a few good consulting case books mentioned below. A must-read for all consulting enthusiasts, these case books will guide you on the A-Z of consulting interviews, ranging from typical frameworks that might come handy, to common case types (guesstimates, profit maximization cases, etc.), to useful tips and conversion ratios.  Happy reading!

Tuck Consulting Case Guide: http://www.ruf.rice.edu/~jgsmcc/1999-2000_Tuck_Guide_To_Case_Interviews.pdf

Kellogg Casepack : http://www.kellogg.northwestern.edu/student/club/consulting/File%20Downloads/cases/Kellogg_casepack2001_CASES.pdf

Columbia Business School Guidebook : http://www.kellogg.northwestern.edu/student/club/consulting/File%20Downloads/cases/2002%20CBS%20Casebook.pdf

AT Kearney Consulting Case Book: http://www.atkearney.com/images/global/pdf/interview_casebook_S.pdf

Friday, September 10, 2010

6 Consulting Fields To Get Into Now


Investopedia in an recent article (August 9, 2010) suggested six best fields to get a consulting job.




Computer and Information SystemsIf you're wondering where to find job growth in the future, look no further than IT - especially in the field of computer software engineering. If you're already experienced in this industry and want to consult, look at specializing in areas like cyber security, networking, troubleshooting, banking and finance. If you're looking for a new career, this industry may be a good place to start: many consulting jobs require just certification and the skills to do the job.
Human ResourcesOften seen as a soft sector when it comes to jobs, human resources is the place to be for consultants. Look for consulting positions within a corporate structure, advising on ways to improve anything from hiring policies to record keeping. With a more fluid job market, you'll also find good HR consulting opportunities in recruitment services (like temp services) or headhunting. An undergraduate degree is expected to be successful in HR consulting.
ManagementIt's not easy to run a corporation. Management consultants comprise the largest part of the consulting industry in general but expect the competition to be stiff in this sector. To be successful as a management consultant, a graduate degree (like an MBA) and a good sense of sales and marketing are key. 
Environmental and ConservationEnergy is a hot commodity and so are jobs in the field of conservation of the environment. A large portion of work is in the government sector, but consulting jobs will increase in the private sector as regulation and cost savings will force corporations to improve waste management and other practices that have an environmental impact. Consulting makes up 21% of the environmental engineering sector - a great place to be if this is your niche. 
AccountingIf you know your way around financial statements, consulting is a great career move. With increased regulation, accountants and auditors will be in high demand. For increased success as a consultant, consider specializing in forensic accounting, accounting software or international finance law, and continuing your education to a Masters degree if you don't have one already. CPA licensing is a plus.
Sales, Marketing and Public RelationsDo you have a nose for sales or marketing? Consulting may just be for you - though expect the competition to be fierce in all sales and marketing consulting branches. For success as a consultant, look at specializing in areas like international business or internet marketing utilization. 
The Bottom LineThis is just the tip of the consulting iceberg; if you're an expert in your field, no matter what it is, you can be a consultant. With corporate outsourcing and cost cutting measures being made across the board, you may find that your old job is now being performed by a consultant. Look for new career paths in consulting, like as a personal trainer, image consultant, or graphic designer. 
If you're unsure about consulting as a career path, consider this: consultants make on average 50% more than their employee counterparts. If you use your connections, plan your consulting business carefully and take the leap, you may find you're blazing a great, profitable new career path.