Career Management for Management Consultants

Before we talk about speeding up your career, let’s first see what options are on the table in management consulting and what choices you will be making.

Management Consulting opens many doors. Let’s see what are the main career paths that people working in Management Consulting choose.

There are 3 main approaches to career management. You can actively pursue your goals, react to opportunities as they arise, or not seek any changes at all. Let’s have a look at the diference between those approaches.

Some of our decisions can be very easily reversed. However, there are decisions that are irreversible, and you will have to live with their consequences for the rest of your life. Let’s have a look at how we can define decisions.

The competition never sleeps. Those who react faster and earlier than others have higher chances of success. Let’s see what things are the most important in consulting.

In the case of a career in management consulting, we have listed the main skills you have to master. Now, let’s see where you can find information about other career paths.

Achieving goals is in most cases not easy. However, there are some interesting techniques that will make your journey faster and easier. Let's see what we recommend doing.

The SMART formula translates to 5 rules you should use when defining the goals. Let's check how it works.

Once you have the goal you have to build the system that will help you achieve the goals. Let's see how for a given goal you can do that.

Let's look at the solution of the case study.

The pace is the speed at which we complete the tasks. The pace defines by when you can achieve the goal. Let’s see how you can calculate it.

Let’s imagine that you are a manager responsible for the training system in the firm. So try to calculate the pace of creating the content for the courses.

Just as a reminder, you are a manager responsible for the training system in the firm. You have to calculate the pace of creating the content for the courses. Let's check how you can do it.

It may sound surprising but, once you have set the pace to achieve the goal, you should forget the end goal. Let’s revisit our example and calculate the pace together.

There is a constant tug of war between your habits. Some of them will support your goals whereas others will be a huge obstacle. Let’s look at what you can do to turn habits to support your attempts to achieve the goals.

Let’s help Giovanni improve his English by changing his existing habits and creating new ones.

Just as a reminder, we want to help Giovanni improve his English by changing his existing habits and creating new ones. In this lecture, I will show you the solution to the previously introduced case study.

Surprisingly, setting lower targets may help you achieve more. Let’s see why by hoping for less you can get more.

As we have mentioned, the pace is crucial for reaching your goals. Let’s see how you can increase it.

Let's look at the solution

In this section, we will talk about general rules that will get you promoted. Those tips will be useful no matter what career path you choose. Let's see how it works.

In this section, we will discuss things that will help you get promoted. Let's check how the tools that we will discuss will help you get promotions faster and easier.

To be good at your current position you first have to improve your productivity. Let’s check some useful hacks that will help you achieve that.

To be good at your current position you first have to improve your productivity. Let’s check some useful hacks that will help you achieve that.

Let's see why new skills & knowledge are extremely important for a variety of reasons.

Let's see the 2 types of compounding effect and how it works.

We will also help Ann decide whether it makes sense or not to take the course for fast reading and what could be the benefit of that. Let's see what we recommend doing.

Let's see how fast Ann can read after 1 year of exercise and what it means for her in terms of additional benefits.

In this lecture, I will show you the solution to the previously introduced case study.

Let's see why delivering value is extremely important and unfortunately difficult.

Let’s look at the approach to deliver value.

Famous philosopher Kierkegaard wondered what sound makes the tree when it falls in an empty forest. Let's see a few tips on what to do to demonstrate the value.

One day the lion – the king of all animals gathered them in the forest and told them that he was very annoyed with the current situation. Let's see how this problem can be solved.

Let's see the approach we propose to negotiating the raise.

Let’s see why it makes sense to befriend people at your firm.

Once we know why it is important to be liked, let’s talk about how to achieve it.

Networking within your firm is not enough. Let's see why you have to reach out to outside networks as well.

Another way to earn more is simply to be promoted to a higher position. Let's check how you can get promoted.

In many cases, the fast way to get a promotion or a raise is simply to move from one firm to another. Let's see what we recommend doing.

Lukas is wondering whether he should stay in his current firm or move to a new firm. Help him estimate how much he could gain if he does it every year. Let’s see what we know about Lukas.

In this lecture, I will show you the solution to the previously introduced case study.

As you may remember we said that you can work more by improving productivity. You can gain a lot also by eliminating chores at home. This is what we will discuss in this lecture

We are back to Maria. In the previous case study we have made the make-or-buy analysis. Now we will see what she can do with the gained time

In this lecture, I will show you the solution to the previously introduced case study.

In this lecture, I will show you the solution to the previously introduced case study.

In this lecture, I will show you the solution to the previously introduced case study.

In this lecture, I will show you the solution to the previously introduced case study.

In this section, we will look in more detail at the career path in management consulting. We will give you some hints that may help you get promoted faster in consulting.

Let’s look at what different types of positions and what they do

Let's look at some examples of projects done in management consulting

No matter how fast you move up the corporate ladder, it will take you years to reach the position of a Partner. Let’s see how long it can take you in reality.

One of the advantages of working in consulting is that you can interact with a variety of industries or topics and learn much faster than if you were working in a specific industry.

In many situations, you will want to see how popular you are and whether customers love your product. One of the metrics you can use is the so-called NPS. Let's look at its definition

NPS can be also used to help you get promoted. Let’s see how we have to adjust it to help you move faster on the corporate ladder.

The first step on your career ladder in Management Consulting is the position of Business Analyst. Let’s see what you should do to be great at this work.

Now, let’s see what you should do to become a great Project Manager. As you will see later you must unlearn certain things.

The Director and Partner positions require from you different skills and approaches than the Project Manager position. Let’s see briefly what will turn you into a great Director.

In this section, I will give you some practical tips that will help you become a great manager.

In this section, I will show you how to 10x your team efficiency

Your work as a Project Manager is totally different than the work of a business analyst or consultant. A good project manager doesn’t work directly. He manages people and relations

If you want to have an effective team you should know what you want and implement it. The first step is to create the profile of an ideal team member.

Consulting is teamwork so you have to define what values you want your team to follow. This is crucial as it will be something that will be the basis for the team culture. In this lecture, I will show my values that provide a good ground for managing properly the consulting project.

As we discuss previously you want to turn inexperienced graduates into seasoned consultants. This gives you greater chances of success during the project. Therefore, you have to define the profile of an ideal consultant and set your team members on the course to achieve this level. In this lecture, I will also show you the profile I have defined for an ideal team member.

If you want the team to work as one efficient body you have to facilitate communication between them. This means especially that you should set standards, and create templates and modules so that you create similar end-products.

You have to make your team constantly improve to get a self-improving machine for work. In this lecture, we will discuss how to achieve it.

In this lecture, I will show you how you can teach your team members efficiently

Once you have set the rules and standards it’s time to make sure that the team works efficiently. In the next lecture, I will talk about a few concepts that are very useful in managing a team. I will also give you an example from managing a team during a consulting project

One of the biggest problems for efficiency is the so-called Parkinson’s Law – Work expands so as to fill the time available for its completion. People when asked to evaluate the time certain things will take build-in buffers. One of the ways to deal with it is the so-called Critical chain. Here I will show you what it is

In this lecture, we will discuss the tools and ways in which you should manage your team. I will also show you what your daily schedule should look like

Here I will show you an example of managing a team in practice. I will use a team of project managers for this example

One of the biggest problems in team management is the problem with too narrow specialization and bottlenecks. In this lecture and the next one, I will talk about ways how to deal with them.

Bottlenecks are one of the biggest threats to making faster meaningful work. In this lecture, I will explain briefly what it is and how to find it. I will show you as well as practical examples.

You have to use all the strengths of your team and at the same time find a way to capture them into something more tangible. That is why it is important to have a system to collect knowledge from your team.