Our topic for today is focused on which it takes to face a consulting interview and ace it. We will split the topic into aspects of generic interview and preparation and at a bird’s-eye view touch upon specifics of understanding what technology related interview versus process related interview.
So do you have what it takes to ace a consulting interview?
When you spend some time analyzing whether you are ready for a consulting interview, let us look at what it takes to get ready for the interview.While a consulting interview in lots of ways may be much like a regular job interview, you can find aspects of the interview that grossly differs from some other job interviews.
As is the case with every other interview, this interview would start with the interviewer asking you to explain something about yourself, your experience in the consulting industry. If you do not have any experience in consulting, there’s a high probability that the you would be likely to map your present experience to consulting experience requirements. But when you do not have any experience at all, there’s a high likelihood you’re not shortlisted for an interview in a consulting firm.
For experience consulting professionals this part becomes easy as all you do is explain your present role and how it maps to the brand new role you’re seeking. IT Recruitment For newbies, it becomes a bit more challenging to face a consulting interview. So it’d help newbies to get in touch with consulting professionals as a area of the networking exercise ahead of presenting themselves for a consulting interview. This will help you get familiarized with the consulting industry and specifically the role of a consultant. You might best leverage networking sites and informal communications because of this purpose.
Ensure you research enough in regards to the consulting firm you’re taking the consulting interview with. Typically consulting organizations showcase case studies of these client problems and the solution they provided as part of their case studies. They could be obtainable in brief on their website. Take the time to learn and understand these case studies. It could assist you to through your consulting interview.
Indeed, it may not be wise to assume that these cases will be presented for you through your consulting interview. But reviewing these cases could help offer you insight on which the business is looking for.
It is also advisable for you really to review their service offerings and align your experience to among the service offerings. Whilst it is great that you could carry some experience, it is essential that the experience maps from what the consulting firm offers to its clients. This may definitely be tested in your consulting interview. Make certain that you make an effort to understand their service offerings and convince the firm of one’s value add to the offering.
Be well prepared to fix for a case study. If you should be an experienced and an experienced consultant attending a consulting interview, there’s a high likelihood that you’re not given a case study to solve.
But if you should be a beginner, there’s no skipping this step. Please note that through your consulting interview, the firm won’t look for you really to solve the case study. It is more vital and probable that the firm is likely to be examining your ability to believe outside the box, structured thinking, your analytical skills, your trouble solving abilities and your communication skills although case study. Prepare for multiple case studies is essential for the consulting interview success. Check to see if you may get insights for consulting case studies from HBR magazine or others of similar nature for the consulting interview.
So how can this impact my consulting interview?
The clear answer is quite easy if you think about it. Consulting spans in different forms. As always, given the boom in IT and ITES outsourcing, the demand for management consultants in the act and the technology space has been on the rise. If you should be conscious of the outsoucing industry, you would know that the most frequent processes that any organization would check out outsource are its finance and accounting operations. Interesting isn’t it?
Using one hand many of us think Finance and Accounting are among the safest jobs in the world, on the other they’re the easiest to be outsourced.
So in regards to consulting, you can be either a procedure consultant or a technology impacted management consultant. If you should be a procedure consultant, the expectation is that you shoulder in-depth expertise and process knowledge locally of expertise. I’m sorry to disappoint all new graduates out there. But process consulting essentially requires prior experiences in the area/ domain you wish to consult in. Which means you should work your path up the ladder from being a beginner to someone with experience in specific processes and domain to become process consultant. This may definitely be tested undoubtedly through your consulting interview. If you should be from a money background with a consulting touch, process terms like Quote to Cash, Order to Cash also called O2C. Procure to Pay (P2P) and Record to Report (R2R) shouldn’t be new to you.
Also, if you think gaining some knowledge and jargon from the consulting industry will help you get through your consulting interview, you’re highly mistaken. This may only get you a bad repute on the market making you unsuitable for consulting jobs.
The other consulting arena I was hoping to the touch upon through this blog is Technology related consulting – When I state technology related consulting I’m certainly not talking about IT consulting here. I’m talking about management consulting by which firms leverage technology extensively to fix for business problems (not IT problems but business problems). Like – leveraging business objects solution to cut back the time for you to report or utilizing a tax bolt on software to execute tax accrual better and releasing cash flow for better investment and reduce litigation fees.
Aside from your consulting area, you can find few things you can be assured of being tested in your consulting interview.
a) A common question in your consulting interview will be on domain and area of expertise
b) During your consulting interview also expect questions on definition of one’s client’s problem statement and the solution delivered and your role as a consultant in delivering the solution.
I believe in today’s world, it is very challenging so that you can be an exclusive process consultant. Technology touches our lives every day. So even although you really are a core process consultant, i think, you would be required to brush with technology sooner or later with time making you a technology related management consultant.