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Definisi dari Consulting Firm (wikipedia) a firm of experts (consultants) providing professional advice to an organization or an individual for a fee
Spoiler for Job Description:
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A consultant is responsible for helping a company or organization improve its efficiency, growth and profit through accurate data gathering, thorough analysis and valuable recommendations. They incorporate their knowledge, skills and abilities as they help top management strategically plan and implement strategies. They give objective advice based on market trends, the company’s financial capability and other important factors.
Specific Duties
Management consulting job descriptions usually indicate that consultants work on a project basis in their own satellite or in their client’s working premises. The project length depends on how complicated the business dilemma is and the kind of setup clients prefer. The following are some of their specific duties and responsibilities:
- Define the problem through consultations, meetings and case studies;
- Review and analyze information through different reports and researches;
- Interview or facilitate focused group discussions with management and employees;
- Develop and present recommendations for the management;
- Develop plans and programs for change implementation in the organization
Job Specifications
Management consultants are graduates of any course, preferably with a business-related major. They must be knowledgeable on business development, risk analysis, cost management and other areas. They must be someone who can look at things from different angles with logical thinking. They must also possess excellent verbal and written communication skills, exceptional organizational skills and other critical success factors. They must have the ability to deal with different personalities, cooperate with other team members and work under pressure. Their primary values must include objectivity, accuracy, patience, meticulous attention to details, goal-orientation and quality output.
Importance of Consultants in Organizations
As can be deduced from management consulting job descriptions, experts play important roles in the organization. They bring in their functional expertise, experience and professional values to create an impact in the organization. Their know-how boosts their credibility and their extensive understanding about business operations let them assimilate the best practices from outstanding organizations. Their professionalism ensures that everything’s being carried out in a well-organized manner.
Criticism of Consulting Firms
Management consulting has its own pros and cons. One of the disadvantages consultants get is the slice of disapproval from people around them. At times, their presence push other employees to think that the company managers aren’t competent enough to resolve their own problems. Also, many frown upon the luxury they get from the company. Apart from their very expensive hourly fee, they also get benefits ordinary employees can’t avail. Lastly, many employees get scared because their recommendations might significantly affect their job. Retrenchment due redundancy might be one of their solutions to increase company profit.
Spoiler for Advantages & Disadvantages:
Advantages
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Compensation
The five-digit salary has consistently attracted new recruits and kept incumbents in the industry. Depending on the size of the firm, the country, and the assigned responsibilities, new graduates who get hired usually receive a five-digit salary. In addition to the generous compensation, consultants receive allowances, insurance, and other benefits. During a time of economic crisis, this package is an incentive to many job seekers.
Skill Development
The responsibilities of a management consulting position will sharpen a consultant’s analytical, organizational, and communication skills. These capabilities are utilized on a daily basis and therefore improve with extended experience. Even if a consultant decides to leave the industry, he or she will be able to employ these enhanced skills in future positions.
Rewarding Experience
A consultant’s responsibilities can be summarized as an individual who helps an organization improve its efficiency and profits. The research studies and market segmentation and competition analyses are focused on company growth, which indirectly help thousands of employees. This goal gives consultants noble aspirations and they continually enhance their knowledge as the job is highly intellectual.
Wide Network
Consultants are assigned to work for different clients on diverse projects. Because of this,they can widen their network without putting forth much effort. Their connections, if properly nurtured, can lead to more opportunities, better employment, and lasting friendships.
Disadvantages
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Long Hours
Because of the nature of their job, management consultants work long hours, anywherefrom 60 to 80 hours per week. Their time is consumed with client and team meetings, interviews, workshops, problem solving, focused group discussions, and client communication. Hence, consultants need to work extra hours to conduct analyses and evaluations so they can timely and expertly comply with a client’s demands.
Working hours do vary among firms, but in top-tier management consulting firms such as McKinsey, Bain, Booz, and BCG, expect to work over 60 hours a week on average.
Travel
One of the common misconceptions of aspiring consultants is that traveling is a glamorous part of a management consulting career. At first, traveling can be exciting, but when consultants realize how much of their time is spent on planes and in hotels, they miss the comforts of home. Traveling can also be exhausting; consultants are constantly adjusting to a new environment, new culture, and diverse people. Furthermore, consultants do not have time for leisure and sightseeing during their trips because they are consumed with work.
Lack of Family Time
Because consultants spend a majority of their time working and traveling, they sacrifice time with their families. When they come home after work, their family has finished dinner and the kids are already asleep. Because of the demands of the job, missing birthdays, anniversaries, and other family gatherings is a common occurrence. Consultants need optimum discipline to manage their time.
Stress
The research, analyses, and heavy workload can cause stress for any management consultant. In addition, consultants frequently deal with chaotic management and difficult employees. Consulting team members don’t always get along because of differences in perspectives and personalities.
If you add up all the disadvantages listed above, you will realize that it can be extremely stressful to be a management consultant.
Ini spesifikasi yang "normal" bagi konsultan elit:
1. Alumni kampus-kampus terkemuka (baik dalam maupun luar negeri)
2. Memiliki IPK > 3.6
3. Punya banyak achievement, baik saat telah bekerja, maupun saat masih kuliah
4. Memiliki structured thinking untuk problem solving
5. Pernah volunteering di organisasi-organisasi nonprofit
6. Punya koneksi yang luas
7. etc
Spoiler for How To Be A Consultant:
Dikutip dari http://www.learnhowtobecome.org/consultant/
1. Earn a Degree in Business Administration or a Related Field
Professional management consultants may find that a bachelor’s degree is required for most entry-level positions. Bachelor’s degree programs specifically designed for business analysts are rare, however, and many individuals earn their degrees in a related area such as finance, business administration, business management, or accounting. Those students who know the specific field of consultancy they intend to pursue may want to consider a degree in that specific area. For example, someone interested in computer systems may wish to earn a minor in computer science. Other courses of study to consider include marketing, psychology, human resources, engineering, political science and government.
Some businesses and government agencies require candidates to hold a master’s in business administration (MBA) or a related advanced degree. Degree programs in business are extremely popular and can be found at most major universities and many private colleges throughout the United States. Additionally, there are a number of quality distance-learning business degree programs available, offered by both well-established traditional institutions and fully-online schools. Students should be always careful, though, and confirm that a program is fully accredited before beginning their course of study.
2. Gain High-Level Experience
Work experience is a plus in almost every profession. It is crucial in the field of consultancy and management analysis, however. Prior to graduation, or immediately upon earning a degree, an aspiring consultant or management analyst should pursue an entry-level position with the private business, government agency, or non-profit for which he or she wishes to work. Paid employment for starting positions, particularly those in the private sector, is available. But individuals should also consider non-paying internships as a way to get their foot in the door. Many consultants and analysts enter the profession after years of employment, so new graduates may want to consider beginning their careers in a related field. Work experience and on-the-job training provides a wider range of employment options as professionals look to advance their careers.
3. Consider Certification
Certification is not required to become a management consultant, but it can provide the holder with a real advantage over non-certified job seekers. Certification in the field is offered by a number of professional associations and organizations. The best-recognized certification is that of Certified Management Consultant (CMC), offered by the Institute of Management Consultants USA. Candidates for CMC certification must fulfill several requirements, including three years in practice as a full-time consultant, a degree from a four-year college, and the completion of exhaustive written and oral examinations. According to the IMC, less than 1% of all consultants working today have achieved the Certified Management Consultant title.
4. Consider Specialization and Independence
A management consultant with many years of gainful employment and a solid professional reputation may want to consider striking out on his or her own. Independent consultancy requires a good head for business and a strong entrepreneurial spirit, and often involves significant deal of risk. Success as an independent, however, can be highly rewarding.
Ada berbagai tipe konsultan, tapi thread ini fokus untuk membahas MANAGEMENT CONSULTING:
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