CONSULTING FAQ ▪ Objective This is a BITS2BSCHOOL initiative to form a ‘Frequently Asked Questionnaire’ on Management Consulting for the aspiring consultants on this e-group. This FAQ has been compiled from answers provided by a panel of Consultant BITSians, to consulting relating questions posed by this group. ▪ FAQ Structure The questions have been classified into the following sections: B Schools and Academic background (pre and during MBA) Professional work experience (pre MBA)
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1. What were the problems facing Luis Morales as he began implementing Ben Fisher’s international expansion strategy? One of the problems that presented to Luis when implementing the global expansion strategy was the fact that the control fire industry was a very large, fast growing and increasingly specialized field requiring big investments in R&D to keep pace, therefore innovation and price competition caused Kent to focus on reducing production costs while providing fulfilling products
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Then you’ll fly back to Atlanta on Thursday, working from home on Friday. You’ll need to do it all again next week, and the week after that, and the week after that. That’s the schedule for Keyur Patel, a consultant at Accenture—the New York-based consulting firm that stands 97th among Fortune’s “100 Best Companies to Work For.” Accenture’s 150 offices can be found in 53 different countries, on six different continents. Although Patel’s current assignment is stateside, he works virtually with team
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Getting the retained organization right: The other half of the shared services battle 2 Transforming the service delivery model for back-office functions such as finance, procurement, human resources (HR), real estate, and information technology (IT) continues to be a top priority for many companies. Such efforts usually aim to achieve several interrelated goals: to increase the function’s strategic contribution to the business, to improve operational efficiency and reduce cost, and to drive
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outlook for management. The Bureau of Labor Statistics documented that “Employment of management analysts is projected to grow 19 percent from 2012 to 2022, faster than the average for all occupations”, where it will also increase the demand for consulting services and be more competitive. Also growth of international business will also contribute to an expected increase in demand for management analysts. For required education, the typical entry-level requirement for management analysts is bachelor’s
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in companies. Others work for organizations large and small: one well-known firm, for example, is McKinsey, which describes itself as ‘a management consulting firm advising leading companies on issues of strategy, organization, technology and operations’. The big four accountancy firms (Deloitte, Ernst & Young, KPMG and PwC) also offer consulting services, and an issue for them has been the way that ownership (where they verify the accuracy and completeness of company accounts) has been sold
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programs can rejuvenate employee’s spirits to drive business. While a sales force manager is making this decision to conduct a motivational program, they have the difficult choice whether to create this program internally or purchase a program from a consulting firm. To answer this question they have to conduct business research to find out which program would be the most beneficial and effective for the company and its sales people. “Good business research has an inherent value only to the extent that
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DIAGNOSES presents analyses of the management case by academicians and practitioners Infosys Technologies Ltd.: Growing Share of a Customer’s Business James A Narus and D V R Seshadri Case Analysis I Janaki Anant Principal Solution Architect i-flex solutions Ltd e-mail: janaki.anant@iflexsolutions.com his case has multiple dimensions of analysis to it. While there is certainly an immediate short-term issue of winning the Ariba® e-procurement project of the existing client, Prairie Four Square
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Project Team Project leader: Fiona L. Robson Project contributor: Bill Schaefer, SPHR Nancy A. Woolever, SPHR External contributor: Sharon H. Leonard Editor: Courtney J. Cornelius, copy editor Design: Terry Biddle, graphic designer © 2008 Society for Human Resource Management. Fiona L. Robson Note to HR faculty and instructors: SHRM cases and modules are intended for use in HR classrooms at universities. Teaching notes are included with each. While our current intent is to make the materials
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Boomerangs: The Strategic Process of Rehiring Your Former Employees, Part 1 How to develop boomerang and corporate alumni programs Boomerang efforts have one of the highest ROIs in recruiting. When you take the time to examine the profile of new hires who produce the best on-the-job performance, invariably previous employees returning to the organization, or "boomerangs," make the list. Boomerang is a term that was coined to identify top performing "corporate alumni" who are either purposely
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