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BusinessManagementManagement Consulting

Learn The Management Consulting Career, Industry & Practices

Management consulting as a career, management consulting engagements and how management consultants create value
Rating: 4.2 out of 54.2 (72 ratings)
666 students
Created by Peter Alkema
Last updated 12/2021
English

What you'll learn

  • Fixed Price billing versus Time & Materials and how this drives client engagement
  • How to set up a client engagement and the main phases of delivering value
  • The career path of management consulting and the differences between the career levels
  • Typical management consulting roles and how they contribute to client success
  • Best practice, what it means and why clients need it from consultants they hire
  • Billable hours and the importance of time management and delegation
  • The travelling lifestyle of a management consultant and a typical day
  • Solving client problems through structured, well managed engagements
  • The importance of easily accessible knowledge across a global workforce
  • The big names in the industry like McKinsey and Accenture
  • The mindset of a successful consultant and how they handle the pressure
  • The role of case studies and problem solving skills to drive value

Requirements

  • No course requirements

Description

"The resources are the best. Had no idea, now I feel equipped" - Shenayleigh S.

""You need to know how to translate what you know into business value" - Peter Alkema. It was great to hear about the consulting world straight from the horse's mouth. I urge you to take this course before you consider consulting as a profession." - Calvin

"This was a valuable course. I found it really expanded my knowledge of management consulting. I could reflect on my own career goals, my skill set, knowledge and experience and whether pursuing management consulting would be something worth pursuing." - Lorna W.

"Fantastic course on learning Management consulting with well articulated explanations. I have over a decade in IT consulting and all my personal experiences has been distilled in this course learning about Management consulting. Learned new concepts as well. Strongly recommend it to anyone who wants to start a career in Management Consulting." - Roger D.

"The use of digestible language and courses helps demystify the world of management consulting; and it answered questions I had with ease." - Kalin M.

"This course answers all the questions for someone who wants to know how a career in management consulting is all about. It is explains how diverse management consulting is and how it is a good career to pursue as it makes one an all rounder. Great course from Peter especially for those seeking a career in Management consulting." - Peter R.

This course gives you the inside track on one of the most lucrative professions in the world. Management consultants are highly sought after by firms who want to achieve higher performance and need experts in best practices and solving complex business problems. In this course I draw on my ten years of experience in management consulting to teach you how the profession works, what you can expect as a consultant and how they work with clients to add value. If you ever wanted to learn about management consulting from someone who has truly been there and worked their way up through the system, then this course will give you that outcome. Each lesson includes a handy worksheet that provides quick reference to the key skills and insights that I teach you.

In this course you will learn the following about management consulting:

  • Which are the big firms and how do they differ from the specialist consultancies

  • A typical management consulting career path and how you can work your way up the ladder

  • The typical skills that you need to deliver value on client engagements

  • Pricing and billing of client engagements and the role you play in managing finances

  • The reasons a firm will engage a team of management consultants

  • What type of roles you can expect if you become a consultant and how to position yourself

  • The importance of always demonstrating business value to a client

  • The increasing importance of delivering sales targets as you advance in a consulting career

  • A typical day in the life of a management consultant

  • The importance of being mobile in your management consulting career

  • The reason I left management consulting despite enjoying numerous international projects

  • How to integrate into the client's organisational culture and the pressures this creates

  • Working with multiple consultancies and my experience of working with McKinsey

  • The stages of a client engagement from the RFP through the project and close-out

  • Knowledge exchanges and the importance of access to the skills of a global workforce

  • The reason that management consultants use case studies in their interviews

  • Fixed price versus Time & Materials as different methods of billing and the pros and cons

  • Best practice in different industries, functions and what clients expect when they hire consultants

  • The important difference between knowing best practice and being able to apply it

  • Typical expectations of the different levels such as analyst, consultant and manager

  • How to understand the difference between specialist consulting and management consulting

  • The importance of delegating to empower younger, cheaper consultants

  • The increasing levels of ownership that you need to demonstrate to get promoted

This course provides you with an indepth look at management consulting that can only come from extensive experience in the industry and inside knowledge. The lessons all build on eachother and fit together to give you a holistic learning experience that will position you with the knowledge and insights about management consulting that you need.

Who this course is for:

  • Anyone who wants to find out more about management consulting

Instructor

Peter Alkema
Business | Academics | Self Development
Peter Alkema
  • 4.4 Instructor Rating
  • 12,979 Reviews
  • 73,166 Students
  • 68 Courses

In my courses you learn practical skills: "I feel like I am in a real classroom." - Kira Minehart

"What an amazing course! After finishing this course, I have confidence. Thank so much Dr Peter Alkema". Or Tulongeni Shilunga: "This is exactly the jump-start I needed. Very clear and concise"

I also help lead digital transformation at FirstRand, the biggest financial services group in Africa. I've been featured on CNBC Africa and won the Gartner CIO Of The Year in 2016. I founded and led the largest banking hackathon in South Africa which was published in 2019 as a case study by Harvard Business School.

I've taught over 17,000 students about business, academics and self-development. In 2020 I completed my PhD at Wits University In Johannesburg. The study introduced a ground-breaking theory of Agile software development teams. My woodworking book was published in 2014 and has sold over 10,000 copies.

Olugbenga Gbadegesin: "Excellent delivery" / Lebogang Tswelapele: "This is what I have been longing for" / Paskalia Ndapandula: "Peter speaks with so much clarity" / Amantle Mangwedi: "It was straight to the point and the sections are cut into nice short segments which made it easier to go through" Kathy Bermudez: "Excellent material. Well organized..."

Werner van Wyk: "Thank you Peter, once again your lesson and course have given me so much knowledge and understanding" / Yvonne Rudolph "I really look forward to take everything i learned in action" / Josephine Mahlangu: "exactly what I needed to know, absolutely valuable and helpful for my personal growth"

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