Our topic for today is focused about what it takes to manage a consulting interview and ace it. We shall split the topic into areas of generic interview and preparation and at a bird’s-eye view touch upon specifics of understanding what technology related interview versus process related interview.
So are you experiencing what it takes to ace a consulting interview?
While you spending some time analyzing if you are ready for a consulting interview, let us look at what it takes to prepare for the interview.While a consulting interview in lots of ways might be much like a regular meeting, there are areas of the interview that grossly differs from any other job interviews.
As could be the case with every other interview, this interview would begin with the interviewer asking you to spell out something about yourself, your experience in the consulting industry. IT Jobs for UK and Europe If you do not have any experience in consulting, there’s a higher probability that the you’d be anticipated to map your present experience to consulting experience requirements. But when you do not have any experience at all, there’s a higher likelihood you’re not shortlisted for an interview in a consulting firm.
For experience consulting professionals this part becomes easy as all you could do is explain your present role and how it maps to the brand new role you’re seeking. For newbies, it becomes a little more challenging to manage a consulting interview. So it would help newbies to get in touch with consulting professionals as a the main networking exercise prior to presenting themselves for a consulting interview. This will help you get familiarized with the consulting industry and specifically the role of a consultant. You could best leverage networking sites and informal communications with this purpose.
Ensure you research enough about the consulting firm you’re taking the consulting interview with. Typically consulting organizations showcase case studies of these client problems and the perfect solution is they provided as part of their case studies. They could be available in brief on their website. Take the time to see and understand these case studies. It could allow you to through your consulting interview.
Indeed, it may not be a good idea to assume why these cases would be presented to you through your consulting interview. But reviewing these cases could help provide you with insight about what the organization is looking for.
It can also be advisable for you yourself to review their service offerings and align your experience to one of many service offerings. While it is fantastic that you may carry some experience, it is essential that the experience maps as to the the consulting firm offers to its clients. This could definitely be tested in your consulting interview. Ensure that you take the time to know their service offerings and convince the firm of one’s value add to the offering.
Be well prepared to fix for an instance study. If you are an experienced and an experienced consultant attending a consulting interview, there’s a very good likelihood that you are not given an instance study to solve.
But if you are a beginner, there’s no skipping this step. Please remember that through your consulting interview, the firm won’t look for you yourself to solve the case study. It is more vital and probable that the firm will undoubtedly be examining your ability to think away from box, structured thinking, your analytical skills, your problem solving abilities and your communication skills although the case study. Prepare for multiple case studies is essential for the consulting interview success. Check to see if you will get insights for consulting case studies from HBR magazine or others of similar nature for the consulting interview.
So so how exactly does this impact my consulting interview?
The answer is fairly simple if you were to think about it. Consulting spans in numerous forms. As always, given the boom in IT and ITES outsourcing, the demand for management consultants along the way and the technology space has been on the rise. If you are conscious of the outsoucing industry, you’d know that the most common processes that any organization would check out outsource are its finance and accounting operations. Interesting isn’t it?
On a single hand some of us think Finance and Accounting are one of many safest jobs on earth, on another they’re the easiest to be outsourced.
So in regards to consulting, you can be either an activity consultant or even a technology impacted management consultant. If you are an activity consultant, the expectation is that you shoulder in-depth expertise and process knowledge locally of expertise. I’m sorry to disappoint all new graduates out there. But process consulting essentially requires prior experiences in the area/ domain you wish to consult in. Which means you will have to work the right path up the ladder from being a beginner to someone with experience in specific processes and domain becoming a process consultant. This may definitely be tested undoubtedly through your consulting interview. If you are from a financing background with a consulting touch, process terms like Quote to Cash, Order to Cash also called O2C. Procure to Pay (P2P) and Record to Report (R2R) should not be a new comer to you.
Also, if you were to think gaining some knowledge and jargon from the consulting industry will help you get through your consulting interview, you’re highly mistaken. This may only get you a negative repute in the market making you unsuitable for consulting jobs.
Another consulting arena I was hoping to the touch upon through this blog is Technology related consulting – When I state technology related consulting I’m most certainly not referring to IT consulting here. I’m referring to management consulting in which firms leverage technology extensively to fix for business problems (not IT problems but business problems). For instance – leveraging business objects solution to reduce the time and energy to report or using a tax bolt on software to execute tax accrual better and releasing cash flow for better investment and reduce litigation fees.
Irrespective of your consulting area, there are few things you may be assured of being tested in your consulting interview.
a) A typical question in your consulting interview would be on domain and section of expertise
b) During your consulting interview also expect questions on definition of one’s client’s problem statement and the perfect solution is delivered and your role as a consultant in delivering the solution.
I rely on today’s world, it is incredibly challenging so that you can be an exclusive process consultant. Technology touches our lives every day. So even though you really are a core process consultant, in my opinion, you’d be forced to brush with technology at some point in time making you a technology related management consultant.