copyright © 2005 accenture all rights reserved. so you think you want to be a management...
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Copyright © 2005 Accenture All Rights Reserved.
So you think you want to be a Management Consultant?
Paul O. Loub, Senior Manager
2Copyright © 2005 Accenture All Rights Reserved.
By way of introduction …
• Accenture is a global management consulting, technology services and outsourcing company
• US$ 13.67 billion revenue for year ended 31 August 2004
• More than 100,000 employees
• Offices in 48 countries
• Clients include 87 of Fortune Global 100
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Agenda
• What are Management Consultants?
• What can you expect from a career as a Management Consultant?
• So how do you become one?
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What are Management Consultants?
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Differing opinions …
“Changing a business requires dynamite – and it’s a Consultant who lights the fuse.”
Shigeyasu Sakamoto, former Vice-President, JMA Consultants
“Management Consultants are people who borrow your watch to tell you what time it is.”
Robert Townsend, former Chairman, Avis Rent-A-Car
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“… bringing innovations to improve the way the world
works and lives.”
Vision Statement, Accenture
My personal favorite …
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Why do companies hire Management Consultants?
• To gain specialized experience not available in-house
• To enable them to assign resources to yield greatest value
• To provide an objective assessment of business operations and strategy
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What do they do?
For example, Accenture consultants have recently helped:
• Microsoft identify new markets and solutions for its software suite
• The Defense Logistics Agency develop new technologies to provide life sustaining essentials to more than three million US troops
• Dell develop a supply chain solution which allows it to keep no more than two hours inventory at any one time
• Singapore Airlines consolidate its e-commerce efforts into one global site
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Where do they work?
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What can you expect from a career as a Management Consultant?
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Why choose a career in Management Consulting
• Work with big name clients
• Gain outstanding training
• Develop your career
• Acquire great skills
• Work in teams with other highly talented people
• Build a platform for future success
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Why choose a career in anything but Management Consulting!
• Long and unsociable hours in busy periods
• High pressure environment
• Relatively low level of job security
• Competition among colleagues
• Regular travel away from home
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Typical experience with first client
• Work at client site
• Part of a project team, with exposure to management up to partner level
• Develop industry expertise
• Build technical expertise:
– Develop programming skills
– Understand how systems are designed and managed
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Typical career path from Analyst to Partner
Partner/Associate Partner
Senior Manager/ Manager
Consultant
AnalystTechnical
SkillsBusiness
SkillsCommunication
Skills
SupervisorySkills
DesignSkills
SENIOR MANAGER
ManagerialSkills
AdministrativeSkills
IndustrySkills
EntrepreneurialSkills
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So how do you become a Management Consultant?
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Current state of the recruitment market
• National Association of Colleges and Employers estimates campus recruiting will be up 13% this year across all sectors
• Buoyant market for graduates looking for careers in Management Consulting
• Particularly intense competition among employers for the very best candidates
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Are you right for Management Consulting?
Consulting companies are looking for:• Outstanding academic performance• Strong leaders• People with an interest in technology• Effective communicators• Analytical problem-solvers• Team players• Quick learners• Flexible people
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Accenture is currently seeking …
• Preferred majors– Engineering– Computer Science– MIS/CIS– Business and Quantitative Business
(Finance, Economics, Accounting)
• Legal authorization to work in the U.S. without requiring sponsorship for employment visa status
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Any questions?