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A Career In Management Consultancy - seeking all bright young graduates

Arthur Andersen | 24.02.2005 00:07

Ever considered working in the field of Management Consultancy?

Fast-track training schemes are open to graduates with a 2:1 from any elite university.

What is Management Consultancy?
Management Consultancy is an exciting profession that can offer a great variety and intellectual challenge for the consultant, whilst also making a very positive impact on clients and society as a whole.

Consultants can enjoy applying their knowledge to a broad range of problems in widely differing situations. They are able to use their highly specialist knowledge and experience in a wider context than one firm can provide, and they are able to gain a more varied experience of management problems.

Whereas 'Management' has been defined as 'the art of getting results through other people'. Consultancy is less easy to define. The key words are probably qualified and professional. Firstly the word 'qualified' implies the experience of management, whilst the word 'professional' implies both an ethical or objective standard, and the backing of a developed and proved body of knowledge. Whilst it is often change that makes management necessary, it is the requirements of change that makes management difficult. Management consultancy is therefore primarily concerned with initiating and implementing technological and behavioural changes. For instance:

Management consultants are used first to provide wider additional expertise than is available within a single organisation. This could be a change in production, or marketing may require expertise in designing and implementing a new system.

Secondly, management consultants are used to provide objective appraisals where it is often easier for the expert's outsider to see the broader picture and recognise the long-term requirements.

Thirdly, the management consultant may be needed to provide additional assistance where there is a temporary increase in the management workload. This may be to cope with a major change or new development in any area of management responsibility.

Who are the Management Consultants?

Those entering management consultancy tend to fall into the 25-35 age group, but there are openings for younger candidates - generally as a prospective consultants. Younger entrants tend to be graduates with MBA's, whilst older entrants will need to bring a t least three years management experience with them

A would-be management consultant must posses

Integrity - your clients interest come first

Intelligence - to follow situation accurately and develop sound solutions

The ability to communicate - listening as well as talking

An enquiring mind - every problem must have a solution

Clarity of expression - both verbally and in writing

Personality - to get on well with people on all levels
How to become a Management Consultant

On joining a firm of management consultants, the new entrant will normally receive several months of induction and training. During that time, they will be under the guidance of an experienced consultant, where their diagnostic skills are developed and the professional standards of their firms are impressed on their mind. Particular attention is drawn to the writing of clear, considered English, and the ability to present thoughts and ideas verbally to clients. In addition, the opportunity will be taken to provide additional training to fill any gaps in knowledge and experience.

Although no organizational framework is common to all consultancies, most have established a formal career structure for their staff: a consultant progressing responsibility for the detailed day -today conduct of an assignment, and later the team leader in a multidiscipline assignment

Management Consultants by their very nature are specialist, and because of the wide variety of management activities, the Institute of Management Consultancy into the following areas of consulting activity has divided the specialisms:

Business Strategy

This involves long-range planning, the re-organization of a company's structure, rationalization of services and products, and a general business appraisal of the company.

Manufacturing & Business Services

Involving a review of the layout of a production department, production control arrangements, productivity and incentive schemes or quality control problems

Financial& Management Controls

The Installation of budgetary control systems, profit planning or capital and revenue budgeting, office reorganization and administrative arrangements,

Human Resources

Advising on personnel policy, manpower planning, job enrichment, job evaluation and industrial relations

Information Technology

Defining information needs, the provision of software, systems analysis and design, computer feasibility studies, implementing computer applications, and making computer hardware evaluations

Environmental Management

This includes urban and regional development planning, international economic research, cost benefit and social analysis studies and physical economic, ecological and sociological studies for the encouragement of quality of lifestyle

Quality Management

Setting of policy strategy, customer satisfaction, performance measurement, people management and processes

If you would like more information on how to become a Management Consultant then contact the Institute of Management consultancy direct on +44 (0) 207 242 2140 or log onto their website on www.imc.co.uk

For MBA advice and information please visit MBA programs and MBA Courses Worldwide


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Comments

Hide the following 6 comments

Dear Arthur

24.02.2005 09:56

Dear Arthur,Thank you for the invitation to apply to join your reputable firm, and congratulations on having the insight to spot the management potential of the readers of Indymedia UK.

Have you considered enrager.net as another possible recruiting ground, or how about turning up at one of the wombles meetings and doing some face-to-face recruiting and publicity.

Good luck,

A. Git

A. Git


smash da state

24.02.2005 17:00

come on, you'll all be accountants with mortgages in 10 years, no fools these management consultants, take it as complement. make a note of the telephone number, don't get nicked for violence and reshape your mischief as "creative ethical responses", and you'll be quids in

i did, and so did everyone else with a decent camper at festies ....

Rik


This is a wind-up

24.02.2005 20:28

Arthur Andersen went tits-up after Enron. Their accounting wing, Accenture, was spun out before hand and is the bit that still survives.

I'd say that this is either some kind of a 'surrealist' joke, or a bored troll trying to clog the site...

laz


Facts.

24.02.2005 22:03

Facts:

Arthur Andersen went tits up.

Arthur Andersen was an accounting firm.

Accenture (originally Andersen Consulting) was their Management Consulting spin-off.

Accenture still survives.

tim


Re: smash da state

24.02.2005 22:05

Me, an accountant with a mortgage in 10 years?

But I'm working class, me. Aren't we all? I thought us anarchos were all proles. Surely your not suggesting that most activists are MIDDLE CLASS? Surely not? ;-)

mortages?


Is this what you're after Alastair?

25.02.2005 00:52

 http://observer.guardian.co.uk/comment/story/0,6903,643967,00.html

You don't need to catch them red-handed, to worry what Enron, Andersen and New Labour were up to

Nick Cohen
Sunday February 3, 2002
The Observer

...

Andersen, which makes a fortune from the PFI, produced a report for its friends in the Treasury claiming that PFI projects were 17% cheaper than comparable projects in the public sector. The Prime Minister loves the figure so much, he was quoting it again in the Commons last week. It made no sense to Professor Allyson Pollock of University College, London, who began digging.

She found that a shining example of efficiency for Andersen was the attempt by its sister company, Andersen Consulting, to supply a new National Insurance computer. The sequel was telling. The system was a masterpiece of incompetence. Pensioners and benefit claimants suffered. The flimsy justification for the PFI is that the costs of failure are passed to
the private sector. Yet Dawn Primarolo, a Treasury Minister, said that New Labour would make Andersen Consulting pay one solitary tenth of the cost of the disaster 'for fear of jeopardising future relationships'.

...

touche