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

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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

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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.

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