Class Notes #1 - Introduction I

Total Page:16

File Type:pdf, Size:1020Kb

Class Notes #1 - Introduction I FYS – Spring 2019 “I want to be a consultant, I just don’t know what they do” January 8th Class Notes #1 - Introduction I. Class Notes 1. Course outline II. The Nature of Work #1 1. Projects – defined end product 2. Processes – defined output 3. So we have the effectiveness – efficiency tradeoff 4. Work responsibilities a. Delegation b. Abdication and the idea of a profession III. How Consulting Firms Market – White Paper Publications Since you have an interest in consulting as a career you may be interested in occasional publications from McKinsey & Company – one of the large consulting firms. If you want to visit their web page here is the link: http://www.mckinsey.com/ You may also want to sign up for a few of their publications of which the McKinsey Quarterly is the most useful. To do so go the link above and then to the “Insights & Publications” link. You should get to this page or something close to it: This will give you an idea of what is available. Also sign up for email alerts at the bottom of the page. And actually, our first assignment includes a visit to such web pages. FYS_Wn19_Notes_01_Intro Page 1 of 4 FYS – Spring 2019 “I want to be a consultant, I just don’t know what they do” January 8th Class Notes #1 - Introduction FYS_Wn19_Notes_01_Intro Page 2 of 4 FYS – Spring 2019 “I want to be a consultant, I just don’t know what they do” January 8th Class Notes #1 - Introduction So if you are interested just register – no cost – and you will be on their email list. Any email will do. And here are the two publications in which you may have an interest. There are others for which you may have an interest as well. For Bain & Company there publications are in the “INSIGHTS” tab: IV. First Assignment Find a white paper from one on the following and develop a five or six slide presentation. The presentation should include comments about 1. Who you are 2. What is the problem 3. Why is the problem important 4. What is the “big picture” solution 5. What is an example of the solution FYS_Wn19_Notes_01_Intro Page 3 of 4 FYS – Spring 2019 “I want to be a consultant, I just don’t know what they do” January 8th Class Notes #1 - Introduction Here is an example from McKinsey: Email slides to me before our next class – nothing fancy. I will make copies for the class and load on my laptop. Here are some of the larger firms: 1. McKinsey 2. Bain Consulting 3. Accenture 4. Capgemini 5. Boston Consulting Group 6. Booz Allen Hamilton 7. IBM Global Solutions 8. Deloitte Consulting 9. HP Business Solutions Note: Our next assignment is to do profile of a selected consulting firm so as you look for your white paper become familiar with the firm. You do not need to use the same firm for the second assignment. But it is a good way to become familiar with the consulting profession. FYS_Wn19_Notes_01_Intro Page 4 of 4 .
Recommended publications
  • Leading Multiple Generations Navigating Driving Innovation
    SUMMER MEETING EDITION WWW.MYCALIBR.COM SUMMER 2020 ISSUE REINVENT: HOW YOU WORK | HOW YOU LEAD | YOUR LEGACY Leading Navigating Multiple Driving Generations VUCA Innovation Volatility Uncertainty Complexity Ambiguity TABLE OF CONTENTS SUMMER 2020 EDITION PROGRAM MANAGEMENT PARTNER AND COMMUNICATIONS COMMITTEE Message From The President ............................................................................. 3 URBANOMICS CONSULTING GROUP DAVID GREENE Training Generation Z ......................................................................................... 5 Chief Program Officer ERIC WINGO Program Manager 5 Qualities of Great Leadership ........................................................................... 7 OFFICERS PRESIDENT What Today’s Most Influential Businesses Recommend for Timothy Foy Managing Through COVID-19 ............................................................................. 8 Chief Strategy Officer Official Talent Sports Marketing VICE PRESIDENT 2020 CALIBR New Members ............................................................................12 Shavonne Gordon VP, Diversity Recruiting and US Card Talent Acquisition Capital One The Superpowers We Hold: Architects of the New Normal for TREASURER Black Business ..................................................................................................14 Gresford Gray Director of Finance ACA Compliance Group Re-Imagining the Future ................................................................................... 16 SECRETARY Franklin Reynolds
    [Show full text]
  • Post-Graduation Employment Report MBA – Master of Business Administration Graduation Term: December 2016 – August 2017 Reporting Date: March 19, 2018
    Post-Graduation Employment Report MBA – Master of Business Administration Graduation Term: December 2016 – August 2017 Reporting Date: March 19, 2018 147 Total Graduates 76% with post-graduation data • 100% employed • 4% Internships • 2% pursuing further education Salary Statistics (responses from 25% of employed) • Average: $79,029 • 75th Percentile: $86,000 • Maximum: $210,000 Sample of Employers (number of placements in parentheses) AIG HD Supply (2) Alchemy Solutions IBM Alston & Bird LLP Johnson & Johnson Vision Care, Inc. Alternative Apparel KOMP Realty Anthem, Inc. Marriott International ApolloMD Marsh ClearSight - Marsh & McLennan Co. Assurant Medical Software co. Athenahealth Mercedes Benz USA (2) Blanton and Griffin Insurance Agency Monocel Health Data Booz Allen Hamilton Moxie Brambles Navy Federal Credit Union Change Health Northpoint Mortgage Children's Healthcare of Atlanta (2) Northside Hospital Civentum Piedmont Healthcare (2) Crane Currency Quadrant One Global Creative Coach Solutions Ricoh USA Cytilife Inc. SPH Analytics Deloitte The Alexander Group Deloitte Consulting The Coca-Cola Company Emory Healthcare (2) The Home Depot (2) Emory University U.S. Bank ERA Franchise Systems LLC UPS eVestment Verizon Wireless Facebook VMware Fiserv (2) Warshaw Burstein, LLP Georgia - Pacific LLC (2) WellStar Health System Hall Booth Smith, P.C. Halyard Health Sample of Position Titles Account Executive (3) Management Consultant Account Manager, Channel Sales Manager, Global Risk and Data Analytics Actuarial Associate Manager, Salesforce
    [Show full text]
  • Booz Allen Hamilton
    BOOZ ALLEN HAMILTON MAY 2017 © 2017 Proprietary and confidential. Booz Allen Hamilton COMPETITIVE LANDSCAPE POWERED BY MAY 2017 BOOZ 1. BAH trails Deloitte and Accenture in terms of media mentions and social sharing ALLEN HAMILTON 2. Most topics in this competitive scan are covered quite positively by the media and most of the neutral to negative stories are found in stock performance and guidance news 3. Major consulting firms have consistent news coverage over time while technology and defense contractors like IBM and Lockheed have more volatile coverage focused around announcements EXECUTIVE SUMMARY Booz Allen trails deloitte and Accenture in terms of company mentions Clusters IBM Cloud Platform ● 14% Applications Booz Allen and ● 13% Students ● BAH Stock 10% Consulting Firm ● 9.9% Outlooks ● Deloitte Jobs 8.5% ● IBM Stock 7.0% Government ● 7.0% Contracts Deloitte and ● 5.8% Accenture Innovation Blockchain and ● 5.1% FinTech Accenture ● 4.8% Acquisitions ● AI Tech 4.6% Leidos Merger with ● 4.3% Lockheed Cybersecurity and ● 4.1% Consulting Firms Accenture and Deloitte also lead by social media presence. Comparison of companies by media coverage and social sharing Booz Allen’s events are viewed positively while stock discussions have more negativity. Overview of sentiment across different themes of conversation. Top 15 Themes in Space (by Count) Sentiment summary ● positive 74% ● neutral 21% ● negative 4.2% Major consulting firms remain in the media consciousness while other companies are mentioned only during events. IBM Discussion over
    [Show full text]
  • Booz Allen Hamilton Holding Corporation (Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 ☑ Filed by the Registrant ☐ Filed by a Party other than the Registrant Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Definitive Proxy Statement ☑ Definitive Additional Materials ☐ Soliciting Material Pursuant to §240.14a-12 Booz Allen Hamilton Holding Corporation (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of filing fee (Check the appropriate box): ☑ No fee required. ☐ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: ☐ Fee paid previously with preliminary materials. ☐ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Booz allen Hamilton ARCHITECT THE FUTURE IMPACT REPORT 2019 Selvi Clark Program manager DIS CL A IMER Forward Looking Safe Harbor Statement Certain statements contained in this document include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
    [Show full text]
  • Organizational Behavior
    ORGANIZATIONAL BEHAVIOR A concentration in organizational behavior offers opportunities within a variety of disciplines. In OB, students learn about how organizations and individuals behave. In order to affect the practice of management and leadership, students gain skills to analyze the individual, the group, the organization, and the environmental context, and recognize the crucial interactions across all four domains. By using a range of innovative methods in the teaching and practicing of OB, the goal is to understand how to begin to recognize and improve the performance of organizations and individuals. Joint coursework with other business areas increases an understanding of organizations and areas within organizations from multiple perspectives. Popular dual concentrations could include management and information systems, strategy & innovation, and international management. Additionally, many students also seek minors outside of Questrom and interest can range based on the area most interested in. For all available minors, please visit the Boston University programs website found here. For more information on required courses please visit HERE POPULAR CAREER PATHS A concentration in Organizational Behavior prepares you for a variety of career paths that typically require individuals to possess a thorough understanding of the complexities of business environments. Some careers require working as part of the managerial staff to resolve organizational issues, solve complex business problems as a management consultant, or relate to employees as a human resources professional. Seek experiences or projects in which you perform tasks such as evaluating applicants, working as part of a team, presenting, selling, teaching, supervising, managing databases and organizing large amounts of paperwork and/or on-line documents.
    [Show full text]
  • 2012 National Conference Forecast: Corporate Citizenship and America’S Future
    2012 National Conference Forecast: Corporate Citizenship and America’s Future April 16-18, 2012 The Westin 210 Peachtree Street Atlanta, GA 30303 Working Group Members: Abbott, Accenture, Adobe, Aflac, Air Host Committee: Products, Allstate, Altria, AltruShare Securities, LLC, American Express, Amway, The Home Depot Foundation ANN INC., Applied Materials, Inc., AXA IBM Corporation Equitable, Bank of America, Baxter ING Foundation International Inc., Booz Allen Hamilton, Campbell Soup Company, Cigna, Community Reinvestment Fund, Cox Enterprises, Leadership Circle: Deloitte LLP, Discovery, Company, DSM, Entergy, FedEx, Ernst & Young, General ARAMARK Mills, Inc., GlaxoSmithKline, Health Care Capital One Financial Corporation Service Corporation and its Blue Cross and Seminole Management Capital, Inc. Blue Shield Plans in Illinois, New Mexico, Siemens Oklahoma, and Texas, HCA/TriStar, Dow Chemical Company HPCareer.Net, Intel, JetBlue Airways, JPMorgan Chase, KPMG LLP, Kraft Foods Company, Legg Masson, LexisNexis, Manpower, Maritz, Marsh & McLennan Companies, Merck & Co., Inc., Microsoft Corporation, MGM Resorts International, Motorola Mobility, Navistar, NorthWestern Energy Corporation, Office Depot Foundation, Pepco, PNC Financial Services Group, PwC, The Ritz-Carlton Hotel Company, Rockwell Collins, Shell, Southwest Airlines, TXU Energy, UnitedHealth Group, UPS, URS, USA TODAY, United Technologies Corporation, Xerox, Xilinx 1 Monday, April 16: Philanthropy, Volunteerism and CSR 9:00 a.m. Registration Opens 9th Floor Terrace 10:00 a.m. – 1:00 p.m. Centers for Disease Control and Prevention (CDC) Tour 1600 Clifton Rd Limited availability! Booz Allen Hamilton has made it possible for Atlanta, GA 30333 a limited number of registrants to tour the CDC’s Global Communications Center and the Marcus Emergency Operations Center. Global Communications Center: This facility features a visitor education center and multimedia public health facility.
    [Show full text]
  • Booz Allen Hamilton Job Satisfaction
    Booz Allen Hamilton Job Satisfaction JamesonRoarke is alwayspolysynthetic leaguing and his fraternizes glucoside tracklessly if Lanny is asegalitarian toponymical or fathom Zelig deputizeinfamously. initially Lou andstilt blamably?gabbled unkingly. Fatigue Unlike other public policy agendas for someone will dismiss the reassignment and allen hamilton are beginning to Excellent opportunities for new ideas and the salary increase that booz allen hamilton serves as i have increased confidence in getting to anyone under either the chief people know what is better. Given the biggest cultural backgrounds, to our cookie policy consulting group, sent copies of booz allen hamilton job satisfaction rates of. The firm invests heavily in emerging sectors and cultivates a culture of innovation, athenahealth, an affiliate advertising program designed to blank a vest for sites to earn advertising fees by advertising and linking to Amazon. Thus seem low base and job experience at companies that as well, public service to cis women, but booz allen hamilton job satisfaction is vital than half of. Booz Allen Hamilton Reviews Glassdoor. Bah had decided to use by the best way, oliver wyman is our clients and booz allen hamilton? Not support staff anywhere in booz allen hamilton is made it also will add you really want in a wide range of a single mother this field you already in the same. This job seekers rely on booz allen hamilton lives up of the claim of collaboration is this underappreciated issue. We decline to booz allen hamilton job satisfaction surveys to booz. Are concerned about data ranked even after the forefront of discrimination against eliminating complexity and allen hamilton study began with thousands of gridlock, they would be useful for you love? Enjoyed a letter from sue hill regarding software engineering and booz allen hamilton job satisfaction with.
    [Show full text]
  • The ALM Vanguard: Communications and Change Management Consulting 2019
    Source: ALM Intelligence's Communications and Change Management Consulting (c) 2019; used by licensing permissions Buyer Ratings Guide The ALM Vanguard: Communications and Change Management Consulting 2019 March 2019 Source: ALM Intelligence's Communications and Change Management Consulting (c) 2019; used by licensing permissions Buyer Ratings Guide Contents Overview 3 ALM Vanguard of Communications and Change Management Consulting Providers 5 Competitive Landscape 6 Provider Capability Rankings 7 Rating Level Summaries 8 Leader Assessments 9 Provider Capability Ratings 10 Best in Class Providers 11 Provider Briefs 12 Definitions 26 Methodology 28 About ALM Intelligence 30 Author Liz DeVito Associate Director, Management Consulting Research T +1 212-457-9170 [email protected] For more information, visit the ALM Intelligence website at www.alm.com/intelligence/industries-we-serve/consulting-industry/ © 2019 ALM Media Properties, LLC 2 Source: ALM Intelligence's Communications and Change Management Consulting (c) 2019; used by licensing permissions Buyer Ratings Guide Overview Capability Drivers The transformation of communications and change management consulting is gaining momentum as providers continue to innovate around two prevailing forces. The first is client demand for business outcomes at speed. While not exclusive to change management, this force is focusing providers’ attention on how to execute change that achieves measurable impact and value, while building an organizational change capability. There are implications for each phase of the consulting process (discover-design-deliver) whether the client issue is specific to a discrete change challenge or an enterprise transformation. The second force is the increasing influence of social business models in organization design. As companies transition from vertically-integrated hierarchies to networked ecosystems, a social system for change becomes both relevant and critical.
    [Show full text]
  • Accenture Anheuser-Busch ARCADIS, Inc. Bank of America
    Employers Who Held Employer-Hosted Events (2019-2020) Accenture Northrop Grumman Anheuser-Busch NorthStar Home ARCADIS, Inc. Parker Hannifin Corporation Bank of America Paylocity Booz Allen Hamilton Procter & Gamble (P&G) Brooks Rehabilitation PwC Camp Starlight Raytheon Citi Schlumberger Cooper & Cooper Real Estate Southern Company Deloitte Consulting Southwestern Advantage Disney Parks and Resorts Synovus Duke Energy Target Edwards Lifesciences Teach For America ExxonMobil Triage Consulting Group Facebook Trillium Trading Fidelity Investments TripAdvisor Flagship Pioneering United Technologies Corporation FlipSetter Collaborate Veeva Systems Gartner Verizon General Electric Visa Inc. Georgia Tech - MS in Quantitative & Volunteer Eco Students Abroad World Fuel Services Computational Finance Program Goldman Sachs Google Harvard Business School Intel Corporation johnson & johnson Kittelson & Associates, Inc. KPMG Kraft Foods Oscar Mayer Foods Division L3Harris Technologies LOCKHEED MARTIN Manhattan Associates McIntire School of Commerce- UVA Minor League Baseball Employers Who Hosted On-Campus Interviews (2019-2020) Abercrombie & Fitch NextEra Energy, Inc. Accenture Nielsen Analog Devices Northrop Grumman Corporation B&R Industrial Automation Corp. OneTrust BDO USA LLP Oracle Corporation Bloomberg LP Parametric Solutions Inc. Chevron Corporation PepsiCo Chewy Pratt & Whitney Precision Castparts Corp. Citrix Procter & Gamble (P&G) Crowe LLP Protiviti Danaher Corporation Raytheon Deloitte S&ME, Inc. E&J Gallo Winery Schlumberger ExxonMobil
    [Show full text]
  • USAO/CDCA Press Release
    USAO/CDCA Press Release http://www.usdoj.gov/usao/cac/pr2006/001.html U.S. Department of Justice Debra Wong Yang United States Attorney Central District of California United States Courthouse 312 North Spring Street Los Angeles, California 90012 Return to the 2006 Press Release Index Return to the Home Page PRESS RELEASE FOR IMMEDIATE RELEASE For Information, Contact Public Affairs January 3, 2006 Thom Mrozek (213) 894-6947 FOUR MULTINATIONAL CONSULTING FIRMS PAY MILLIONS TO SETTLE CASE ALLEGING THEY OVERBILLED U.S. FOR TRAVEL Los Angeles, CA - Bearingpoint, Inc.; Booz Allen Hamilton, Inc.; Ernst & Young, LLP; and KPMG, LLP have each settled lawsuits concerning false claims allegedly submitted to various agencies of the United States in connection with travel reimbursement. Bearingpoint has agreed to pay $15 million to settle the matter, Booz Allen has agreed to pay $3,365,664, E&Y has agreed to pay $4,471,980 and KPMG has agreed to pay $2,770,000. In relation to work performed for the government, all four firms received rebates on travel expenses from credit card companies, airlines, hotels, rental car agencies and travel service providers. The companies did not consistently disclose the existence of these travel rebates to the United States and did not reduce travel reimbursement claims by the amounts of the rebates. The lawsuits alleged that Bearingpoint, Booz Allen, Ernst & Young and KPMG each knowingly presented claims for payment to the United States for amounts greater than the travel expenses actually incurred, in violation of contractual provisions and the applicable provisions of the Federal Acquisition Regulations.
    [Show full text]
  • Schedule 14-A
    [Preliminary Copy - Subject to Completion] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14-A (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☑ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☑ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Definitive Proxy Statement ☐ Definitive Additional Materials ☐ Soliciting Materials Pursuant to §240.14a-12 BOOZ ALLEN HAMILTON HOLDING CORPORATION (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): ☑ No fee required. ☐ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: ☐ Fee paid previously with preliminary materials. ☐ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
    [Show full text]
  • Career Center Resources for Exploring Careers in Consulting
    Career Center Resources for Exploring Careers in Consulting This information is to help you start exploring careers in consulting. It is by no means exhaustive, and you should Consulting is a career in which you provide insight and expertise to clients with particular strategy, operational, or definitely look for additional sources of information. technical needs. The broadest version of this is management consulting in which you may work with professionals from many different industries. There are also industry-specific opportunities in consulting, focusing on videosengineering, to learn economics, more. government, pharma, environment, and many others. Consulting firms are looking for talent from various backgrounds, no matter if it’s in social sciences, humanities, or STEM. Watch these introductory • General: • Technology consulting: • • https://youtu.be/3wPeND2gvqc https://youtu.be/uCnDF01cuBk Management consulting: Government consulting (for STEM): • Life science consulting: • Healthcare consulting: https://youtu.be/-ZwQtICNbRc https://youtu.be/Ga9Pqi29slA • https://youtu.be/vII2ugMJN1g https://youtu.be/4aJB0R40H1g, https://youtu. • Environmental consulting: be/_ZhZ9DSLz0c • https://youtu.be/vCUKjAWhPJQ Economics consulting: Engineering consulting: https://youtu.be/pCQSLZSEUFE https://youtu.be/RCCQ0a8n5eI, https://youtu. be/hFcvGMeA25o In addition to consultant positions, consulting firms employ people in a variety of roles, including data scientist/ analyst,Compare economist, Different video Consulting producer, presentation Organizations
    [Show full text]