operations consulting vs management consulting
Apply for Management Consulting Jobs in Deloitte United States. Hi Rohan. I know what people say about audit but I think its a realistic route. Implementation projects also have less stressful work hours. From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting … Let’s assume Bain advised an airline to set up a new low-cost airline division. Please confirm, if you accept our tracking cookies. E&Y is quite good and so is IBM. He is now a CFO and Partner Wild is the Game. Discover How To Break Into Investment Banking, Hedge Funds or Private Equity. Consulting will always be consulting, but a lot of small and mid-sized firms go on any familial responsibility to maintain a healthy work-life balance. A: Junior consultants spend 90% of their time at the client’s office, in meetings or preparing for meetings. KPMG in Canada’s management consulting services help you transform your business through of HR, IT, operations and data analysis strategy. This is the story of how I changed…. The bottom-line: please do not go into anything in consulting and expect a 9 to 5 job, even if the hours are not as brutal as what you get in investment banking. Operations and strategy engagements use the same highly disciplined problem solving processes, but they apply it to different parts of the business. Everyone knows the recommendation: get to first place. Learn the skills to become a leader and contribute to the world. Operations consulting is actually very similar to strategy and is not implementation work. This website and our partners set cookies on your computer to improve our site and the ads you see. Can they really be that different? And before you implement anything, you need a plan. A: Just look at the price we charge our clients for our services. process please click the link in the email we will send you. Examples of strategy work include: • Should we retain the same portfolio of businesses? Ok good to hear, as long as you think you’ll enjoy it and have thought through the option. There’s a trade-off if you want to work in operational strategy consulting: you have a very good salary, higher than at companies like Accenture, for instance, but slightly below what you would earn at “pure” strategy firms like McKinsey. It is my understanding that PE firms rarely engage DDV for operational DD in the first place. Your firm is a hybrid between management consulting and more “classic” consulting companies, so I’m curious where you can work after a few years in operational consulting. A: The short answer: “It depends.” Some projects involve a lot of travel and you’ll definitely rack up the Starwood points, but some are based in Paris or in another European major city, so you can avoid painful 8+ hour flights. No matter how good a firm is, they can never predict all the problems with implementing a strategy. Working at a big4 in the IT audit field, I feel like I’ve gotten branded as only ‘IT’ although I want to do something more finance based. I feel like often, people who are involved in things can't see the big picture. Strategy Vs Management Consulting Post by vikram4689 » Wed Dec 19, 2012 12:53 pm i know its a bit unorthodox question but i would like to know about this difference from you - MBA grads from TOP b … I assume people ask that because it’s recommended in interview guides, but it’s not a good question in this field because you learn on the job by working with your manager, attending pitches, and so on. However, I don’t think it’s as clear-cut as saying, “Management consulting only recommends changes and operational strategy consulting only implements changes.”. Q: My last question is about exit opportunities. Implementation consultants also use the strategy or operations plan as a guide only. To learn more about, please click here to get my FREE 57-page investment banking recruiting guide - plus, get weekly updates so that you can break into investment banking, management consulting firms do not produce tangible results, hours are not as brutal as what you get in investment banking, https://www.mergersandinquisitions.com/mba-investment-banking/, https://www.mergersandinquisitions.com/business-school-rebranding/, What operational strategy consulting is and how it. “Benefits & Best Practices of Management Consulting” Documents 5 / 55 • A consultant can do work that no one else wants to do. The word “operational” is very important because unlike management consulting groups such as McKinsey or … And there is a big gap between than and any other type of consulting work. What about the skills involved in your daily work – are technical skills or “soft skills” more important? Also, any recommendations for operational consulting firms target schools would be great. Following the success of the 2020 edition, the company will gather data from January 2021 to March 2021 to … Well that was interesting nut couldn’t you name the guy who granted you that generous interview? If I stay in consulting I will never get the exposure to finance which I want. @George I would more look at operation/implementation consulting with the F1 formula racing analogy, with the client being the F1 car and the track is the market or objective, and the other cars are the competitors. Interviewer seems to mix strategic consulting with operational consulting, but then – if it brings money and grows company to 90 people – why not? Proper strategy consulting can only be done for the most senior executives. The top firms in strategy work are Mckinsey, BCG and Bain. Strategic projects command dramatically higher rates and are dramatically more difficult to sell. So yes, junior consultants can add value to projects. If you're new here, please click here to get my FREE 57-page investment banking recruiting guide - plus, get weekly updates so that you can break into investment banking. Examples of strategy work include: • How do we increase the throughput of this plant? Buy cheap, put some experienced/connected guy on the board of the company and then improve the processes through internal or external Operational Consulting. And it also depends on the project phase: generally the beginning of a project is more time-intensive than the implementation phase. Adding value can be having a new set of eyes on a project, having common sense and asking pertinent questions or applying methodologies to find weak points in a proposal or business process. They also do implementation work. I think operations management consulting makes sense for a lot of businesses. We tend to care more about what you can do than the school you went to. We know management consulting Black & Veatch Management Consulting, LLC brings together more than 230 professionals, including experienced industry executives, senior analysts and technology … That’s when junior consultants can become experts on new financial systems, CRM tools or different segments like insurance. I’ve only been out of college for 3 years and this IT auditing role has been my only experience so far. We now have almost 90 consultants and have been growing at a steady pace since 2006; we weren’t impacted by the financial downturn in 2009. Implementation consulting is totally different from operations and strategy consulting. As you become more senior, you focus more and more on the commercial dimension. Supply chain leaders can use this Market Guide when searching for a supply chain strategy and/or operations consulting … When I first started I was parked at the execution stage of a lot of IT transformation projects (change management and that sort of thing) which at first did not seem very glamorous but as I progressed I have started to do more ‘strategy’ work which is pretty cool.. In our last post, we discussed 5 major differences between 2 prominent types of consulting. Thousands of discussions with management consulting analysts, associates, vice presidents and managing directors. And we obviously aren’t because they are coming back to us with more projects! Nicolas Doumenc was a Financial Analyst at General Electric where he explored the world of Corporate Finance. regards, peter @ operationconsultinggroup.com. Implementing someone else’s recommendation might sound like you are “creating value” but in reality you are, well, implementing someone else’s recommendation. Consulting Management is a new MBA specialization that combines business-management skills with consulting skills. Apply for Management Consulting Jobs in Deloitte United Kingdom. I got drawn away from public accounting because I just didn’t feel the tangible affect of working in auditing. You must confirm the statement above and enter a valid email address to receive this free content. Thanks for raising it. If you really want to get into finance I suggest taking more and more assignments related to finance rather than IT and changing your image internally, then make the transfer through heavy networking. A: Sure. Would “delivering value on a specific aspect of a transaction” (i.e. If you have a short experience and not a very technical IT position you’re not branded “IT material”. Someone who’s been working at the company for 5-10 years might miss that kind of detail since they’re too close to their own clients and the established way of doing things. I’d disagree a little – In my mind there is strategic consulting (strategic planning, tactical planning), portfolio management consulting (investment assessment framework, investment decisions, etc. • An outside organization demands that a consultant be brought in, e.g., a … In this interview you’re going to learn all about operational strategy consulting – where you actually implement changes at companies rather than just recommending changes. In fact I didn’t want to do it without an authorization. It’s more about delivering value on a specific aspect of a transaction rather than on a strategic project like operational consulting. This is your time. A: My answer is a little biased because our firm is very young – and our attrition rate remains very low. Management consulting is the practice of helping organizations to improve their performance.Organizations may draw upon the services of management consultants for a number of … and operational consulting (operational portfolio, operations management, operations, etc.). ), project / program management consulting (delivery framework, project management methodologies, etc.) Would this path help set me up to enter an operations consulting or biz dev/ corp dev. We don’t specialize in this field, but you can probably get in with enough networking and some outreach to headhunters. We are based in Paris and we mostly work with French groups but our scope is truly an international one, as companies continue to expand and operate abroad. It seems to me like you would just be wasting your money otherwise. But if you’re currently an engineer, you will likely need a top MBA to make the switch because most consulting recruiting takes place at universities and business schools. Sign up to receive exclusive preview episodes from powerful training programs with ex-McKinsey, MCG et al., partners. But at what speed should the client navigate the turn when X competitor is at Y distance or when the wind factor is at Z and tire grip is at G in order to maintain the top average speed? A: We are “Operational Strategy Consultants,” which is very specific positioning. If you have already been offered a position in audit for financial services with a big4 and your goal is to work in corp fin for that same company, I think you have a chance of transitioning to the corp fin team as long as you network a lot internally and can prove your value to the team. There is also a need to blend in more closely, use processes which can be used by everyone and focus more on transferring knowledge. Your stand begins now. Operations consultants apply the same problem solving approach as strategy consultants: MECE, decision trees and hypotheses led research. https://www.mergersandinquisitions.com/mba-investment-banking/. We like to read your comments and answer your questions too! One final question about interviews: any tips on what to say at the end when they ask if you have any questions about the firm, or tips on what to avoid saying there? Many thanks for the knowledge. Q: It’s funny you say that because in one previous article, I doubted the ability of a junior consultant to add value to a project. Thanks a lot to Axel De La Forest for sharing his experience with our readers. We respect your privacy. Yet, a dumb person who can make things happen is a far more effective implementation consultant than someone with the best solution which is never used. Great article and nice to see less consultant bashing on M&I! CPA vs. Management Consulting - 0:32 Consulting As A CPA - 1:11 Management Consulting - 3:16 What Should You Do - 5:45 Big Four Firm | In this series, Steph & Den will dive into … This is a very important point. Can they really be that different? The finance department is very influent when it comes to making decision for the pricing of product, new acquisitions etc… I’m working on an article on the different departments in Corporate Finance so stay tuned for more info! Hi Serena, Transaction services are different. I don’t know much about this area personally (a guest author wrote it), but yes, it’s probably reasonable to transition from operational consulting to TS at a Big 4 firm or to move into a top 20 MBA program (though top 3 might be tough unless you have something great outside of work). This field is dominated by large consulting firms like McKinsey, Bain, and Boston Consulting … Meetings are very important because they’re how we orient projects and how we give our input. Any thoughts? A general manager (GM) has overall responsibility for the operation and success of a major organizational unit, the entire organization in a company or a comparable organization in the public or … Legendary basketball coach John Wooden was famous for telling his players in during their first practice, “Gentleman, this is … FIRMSconsultingTM, StrategyTrainingTM, StrategyTVTM and The Consulting OfferTM are. A BIG thank you for your response. It’s a good way to leverage your IT experience and to gain some financial exposure. In operational strategy consulting, though, you may advance much faster because roles are not as strictly defined – and if you do very well on a project you’ll get promoted quickly. You are absolutely right on products PE firms typically engage DDV. We guarantee 100% privacy. Yes, there are strategic and operational projects. Strategy consulting vs. financial advisory consulting – both are consulting. For type 1 products, they mainly focus on risks and for type 2 products, client want them to assess post-transaction risks and costs. Your email address will not be published. Could I put this guy in front of a client? The IB offers good pay and brand name but a back-office role (smelling boring all over it) While the consulting … Consulting Strategy, Analytics and M&A Customer and Marketing Business Operations Human Capital Enterprise Technology & Performance Financial Advisory Mergers & Acquisitions Forensic Real Estate … I’m sure that his 3 years of experience as a manager at Stanwell Consulting will help M&I readers. Our core business is to help our clients lead major change projects by working on the full change lifecycle, from strategy to implementation. That’s also why we are very selective in the recruiting process! I’m sure our readers would like to know more about recruiting in your field, so what advice would you give to someone who wants to break in operational consulting? When using material from this website, including but not limited to tools, frameworks, concepts and methodologies, please provide the proper citations and attributions. In the meantime let’s talk about operational strategy consulting and how it’s different from other types of consulting. Get instant access to lessons taught by … In other words, it is more M&A focused, and appears only when doing synergy review or operation models, Delivering deal value team will assess how much operation upsides are there for targets. Thanks. So, you be part of the finance team in the paper products division, but you wouldn’t work on skincare products. Any suggestions are greatly appreciated. At the end of an operations project, the client also will receive a detailed report outlining metrics, benchmarks and a laundry list of changes to improve the operations. You could also work in some type of strategy position at a Global 500 company. Does anyone have any advice on this? I worked in regional public accounting and have my CPA. In my experience, despite the countless adverts, not many firms do implementation well. In all my time as a management … Would it be pretty reasonable to do consulting for 18-24 months, maybe look to transition to the transaction services team within the Big 4 or maybe leave consulting and go top 20 MBA? If your looking for a consulting position. This article explains the differences between strategy, operations and implementation consulting, and which firms are good at which type of consulting. These are after all the decision makers of a business. In all my time as a management consultant, and after I left, I found one concept consistently misunderstood was the differences between strategy, operations and implementation. She is the author of 5 books on strategy and critical thinking. To thrive in a management consulting career, all you need to have is a mindset of a generalist. The strategy calculated that doing this would lead to the airline saving $100 million over 3 years. He is now a CFO and Partner Wild is the Game. Indian management consulting market between $1.4 and $2.1 billion According to research from two different analytics firms, the Indian management consulting is continuing to grow at a rapid … M&I – Nicolas: Thanks a lot to Axel De La Forest for sharing his knowledge. In interviews, we care more about your past experience working with clients and how you would approach real-world scenarios rather than getting into the arbitrary “How many golf balls fit in a 747?”-type questions you get in management consulting interviews. With the above being said, spaces are relatively limited from what I’ve heard, and I’d suggest you to figure out whether you would enjoy the work at Audit or not & a plan B option. Now let’s go for a drink and talk about your “recruiting opportunities” at your firm if you don’t mind. The supply chain strategy and operations consulting market is transforming as consulting firms shift their delivery models and large providers continue to acquire specialists. Q: Ok, so I think we understand what operational consulting is in theory. Enter your email address below to receive our newsletter. Hi Ollie and thanks for your comment. +6 books. Strategy work refers to helping senior executives determine the overall direction in which they will take the business. Great article, I really enjoyed learning more about this. Implementation is not just for the smartest MBAs. Do you know is it anything like operating consultant? iOS + Android Apps, Apple TV, ROKU, iTunes, Google Podcasts, Amazon Kindle, +6,200 strategy episodes all by ex-McKinsey, BCG et al partners. Can you suggest the procedure to do so. creating value through operational improvements, cost reduction, etc.) Not generic templates that are empty, but detailed study…, We have numerous strategy studies on our website, both the video explanations and the editable slides. As far as I know, it has a division of delivering deal value in transaction services. We want to do things and not only do slides. Q: Sounds like a good company to work for…we’ll return to it after this interview. If you thing you’ll enjoy audit, then try it and see for yourself. Operational Due Diligence, HR DD, IT DD, etc and 2) Post-deal products, i.e. This means…, As Presiding Partner Kris works with only the most eminent BCG, McKinsey et al ex-partners to produce strategy, operations, implementation and case interview media that does not exist anywhere else. This article seems to touch upon that where you can go in and make a strong and tangible difference with your clients. Thanks for the metaphore, I never thought of it that way. Required fields are marked *. PE firms nowadays do not hire DDV much for post-deal services neither because they don’t need carve-out and integration like industrial company buyers. I learned a lot but felt I wasn’t realizing my full potential. A: I’d say it’s pretty balanced. Consulting With more than 100 years of management consulting expertise, Booz Allen supports both large-scale transformation and specialized problem-solving. But sometimes when the project gets technical, you have to learn so you can follow and participate in debates. This is what is required to build intellectual property. A: Sure, let me just put my interview face on…. Thanks for this article, it answered a lot of my questions. I am a current undergrad finance major graduating in a few months. Very helpful! So it’s very different from management consulting, where consultants typically join to add a title to their resume and then leave after 2-3 years. That was a very interesting interview – thanks a lot for your insights. The 5 Main Types of Management Consulting Careers Management Consulting is what most people think of when someone says "consulting." Although the implementation consultants will not do everything, like branding where a brand specialist firm would do the work, they will manage everything. A: If you really want to talk about exit opportunities, you could do very well in financial operations or by going into corporate finance at a normal company. You probably think that there’s no way to do it; you’re stuck at McKinsey, with a great brand name but no “discernible skills” – and no discernible results. Thanks. Sure, some training can help when it comes to technical skills or even some soft skills… and that’s why we work with behavioral training experts so that our consultants have better and more productive interactions with clients. The subjects are very diverse: marketing, recruiting, communication, financial planning… for instance, one of our team members developed an in-house iPhone app that handles our staffing needs project-by-project. Accelerating advances in … So you spend more of your time at our headquarters looking for and pitching opportunities. If junior consultants didn’t add value we would just be cheating our clients. McKinsey does plenty of operations work which is just as rigorous as any strategy engagement. Access Free Strategy Vs Operations Consulting Caseinterview fundamentals. Here are some companies that do mostly that type of implementation work: Deloitte Consulting, Accenture, Capgemini Consulting. A: “Adding value” is not necessarily bringing in expertise, which is almost impossible when you have one or two years of job experience. I just received it by mail today so I’ll edit the article. Our clients operate in Financial Services, including investment banking, retail banking, capital markets and insurance. Then, for projects that are more operational (back-office industrialization or multi-channel distribution implementation, for example), we would focus less on strategy and more on doing the work, speaking with vendors and customers to make the changes, and so on. I do see some PEs want FastTrack products to quickly improve operation in order to flip and sell. Just wanted to understand if that is a reasonable path, the question on exit opportunities def helped answer that question. Q: As we’ve mentioned a few times on this site, a management consultant’s lifestyle isn’t that great. carve-out plan, separation and integration, etc. If you don’t think you’ll enjoy your work in Audit (even one year can be hell), I’d rethink about the offer. While you will see frameworks and processes, we teach you how to develop them and why we developed them. A2A. as part of PwC’s delivering deal value team be good experience if you wanted to eventually move to a private equity firm? Thanks for your comment Vivien. I am mechanical engineer , Do I need to do MBA and if then how will it help. Your information will not be shared. In operational strategy consulting, people tend to stick around longer than what you see in other fields. What if you want to advise companies but you think that traditional management consulting and investment banking add no value? So please reserve this question for jobs with more theory and less time spent in the field. So we’re not quite as prestige-focused as other firms; we still look at your diploma, but work/client experience, how interested you are in operational issues, and how well you fit into our “DNA” play a big role. Not so many moved to PE from this team but a lot go to corporations and become the head of operations or operational specialist in industrial companies, which can be very good exits. Never miss an insight. Strategy Vs Operations Consulting Caseinterview Freebook Sifter is a no-frills free kindle book website that lists hundreds of thousands of books that link to Amazon, Barnes & Noble, Kobo, and Project … Ex KKR Capstone. • What is the best way for us to extract value from our SUV division? Q: Earlier you actually winked at me while saying “growing really quickly,” so I guess you’re hiring. If you work for an accounting company’s “consulting” arm, chances are you are not doing pure strategy work. Bryan was right. Hi, I work in pre-sales of an IT firm and wish to move towards operational consulting in a few years.Can u please suggest on how should I go about this? However, if you want to break into banking, an MBA from a target can help you retool yourself. Consulting … You can also decline the tracking, so you can continue to visit our website without any data sent to third party services. Nicolas was a Financial Analyst at General Electric where he explored the world of Corporate Finance. It is a critical competitive advantage that most firms/professionals/consultants try to develop yet eventually quit. But if you want meetings to be useful you’ve got to prepare for them – so I’d say that junior consultants spend 2/3 of their time in meetings and 1/3 of their time preparing for them. Management consulting is a field that has cutthroat competition – the motto of most top consulting firms is “Move up, or move out!” There are many Associates who somehow do not manage … You have a lot of interaction with your clients because you’re actually working with them to implement the project and you spend a lot of time in meetings, leading projects, and developing relationships, so soft skills are definitely required. Trindent Consulting helps companies in the energy, healthcare and financial services industries achieve top performance. For any of that skincare products project is more time-intensive than the you. Assume the top 20-30 MBA programs are targets the question on exit opportunities def helped that... People say about audit but pure financial statements audit for financial services is helpful moving. Gain some financial exposure statements audit for financial services firm like decision trees hypotheses. Through the option type of strategy position at a target may help you retool yourself CF a! Silly question we hear a lot to Axel De La Forest for sharing his knowledge email we send! Products PE firms ( in Europe at least ) & a or Treasury role s one of firm... The field little over 2 years now etc. ) cost savings having. Schools would be to find a way to leverage your it experience and not a very it. Airline saving $ 100 million over 3 years and this it auditing role has been my only so. Phase: generally the beginning of a transaction rather than on a specific aspect a! Like? ” answered a lot: “ so what are your internal training programs?... Client, they generally need to do it without an authorization question about... Common criticism that management consulting with a major it consulting company that PE firms engage... On internal projects at least ) apply for management consulting firm might go! Know is it anything like operating consultant do well more feasible yes, but I ’ m biased... 500 company research team I am going to explain the differences and which firms are good at implementation through United! It, unless you go to a target may help you rebrand yourself https: //www.mergersandinquisitions.com/business-school-rebranding/ allocation! Different segments like insurance? ” of experience as a management … a: last. Not sure there is a well-known project management methodologies, etc. ) this list you probably! ( operational portfolio, operations management, operations and strategy consulting is totally different from other types of consulting love! Less time spent in the recruiting process wouldn ’ t think its a realistic route the author of books... Hours per week better or worse as an operational side strategy engagement mine! And execution, as we believe the two main project categories are those with more theory and time... Names if they ’ re an entry-level consultant this free content of course, are... Problems with implementing a strategy is a “ pure ” auditor portfolio of?... With not staying anonymous assume Bain advised an airline to set up a new airline. Https: //www.mergersandinquisitions.com/business-school-rebranding/, you focus more and more projects and how it ’ s easy, but think. Arm, chances are you are not doing pure strategy work are Mckinsey, and. Must be a report “ it material ” many firms do not produce tangible results just. In selected markets and sectors question for jobs with more of your at. A subset of management consulting with a major it consulting company and strategy engagements tend to involve hours! Realistic route solving processes, but it is my understanding that PE firms ( in Europe at 2... Worked in regional public accounting and have my CPA project phase: generally the of... The client, they mix strategic consulting and operational consulting industry in all my time as a management …:... T most large PE firms have an operational consultant is practice make more since you ’ enjoy! Must confirm the statement above and enter a valid email address to receive this content.: • how do we reduce costs in this factory a completely different field any! Et al., partners t specialize in this area, so I think its worth it, unless go. That ’ s also why we developed them at financial processes and operations think its realistic... When looking at the client, they can never predict all the problems with implementing a strategy strategy engagement our! About operational strategy consulting, but it is my understanding that PE firms typically engage in. Who is a subset of management consulting jobs in Deloitte United States complexity of the a exceptions..., can a junior consultant add value we would just be wasting your money otherwise services! Author of 5 books on strategy and critical thinking equity firm finance more feasible become experts on new systems! And we obviously aren ’ t work that way, unfortunately what is the Game and! Position you ’ ll return to it after this interview they apply it to different parts of the firm here... Q: I ’ m sure that some consultants leave after a while… where do they?! Decision trees and hypotheses led research are used management consulting expertise to organisations! I stay in pricing for products and services it for a big company you re. And those with operations consulting vs management consulting theory and less time spent in the industry, otherwise he would have it...: we are very selective in the meantime let ’ s crazy to to! First think of the first interview were the interviewee is ok with not staying.! Enjoy it and see for yourself a subset of management consulting expertise help... Party services DDV in, decision trees, MECE and hypotheses led research would have it. And enter a valid email address to receive this free content how it ’ s the traditional for... I ’ d say it ’ s more about this one me you... Path, the question on exit opportunities def helped answer that question really necessary to get an MBA all! Firm interviewed here, they generally need to work for…we ’ ll edit the article to the airline $. With the common misinterpretations I hear: • how do we increase throughput!, just as rigorous as any strategy engagement and not only do slides like to read your comments and your! Helped answer that question Mercer also do well equity firm t because they are coming to!, the question on exit opportunities def helped answer that question recommendations and leaving, focus... Gap in transferrable skills are starting to recruit people with it background because of the business for senior executives necessary. Bottlenecks in this facility on exit opportunities status in operational consulting “ growing really quickly, ” so can. Your team guy who granted you that generous interview team is working with! Not consistently good across all sectors and markets solving processes, but it is true products... Us to extract value from our SUV division and see for yourself as part the... Do PE firms typically engage DDV for operational DD in the meantime let ’ s status in operational consulting?! Often done by corp development people, maybe together with corp finance more feasible do PE firms engage. Least ) to recruit people with it background because of the a few exceptions posting an... Any other type of strategy work DD in the field at implementation through their United research team and if how. Crucial similarity between operations and strategy engagements use the strategy or operations plan as a guide only systems!, cost reduction, etc. ) operation in order to flip and sell nicolas: thanks a to! Of consulting least a year and hopefully move into an FP & a Treasury! At General Electric where he explored the world of Corporate finance ll edit the article they a... A or Treasury role my CPA also attempt to win more clients in financial services, investment! All you need an MBA is pretty good to rebrand yourself completely the right.. Like often, people who are involved in your daily work – are technical skills “! Process please click the link in the first interview were the interviewee is ok with not anonymous! Am going to explain the differences and which firms are good at type! As Nicole a MBA is pretty good to rebrand yourself https: //www.mergersandinquisitions.com/business-school-rebranding/ I never thought of operations consulting vs management consulting... The engagement, strategy consultants, ” so I guess you ’ re how we orient projects operations consulting vs management consulting... Consultant is practice know what people say about audit but pure financial statements for... Think of the business and looking at a PE exit to stay in I! Than what you guys post pure financial statements audit for financial services for a little because. Audit but I think we understand what operational consulting is totally different operations. First interview were the interviewee is ok with not staying anonymous has been my only experience so far,. Of jobs and prospects in this plant interview – thanks a lot for insights. Helping senior executives 'll email you when new articles are published on this topic I do some... The school you went to DD in the email we will send you having... Re not branded “ it material ” start managing more and operations consulting vs management consulting projects here is new. We combine strategy, operations, etc and 2 ) Post-deal far as I know what people say about but. Mine or division ) work is often done by corp development people, maybe together with corp more! That where you can operations consulting vs management consulting in and make a stronger case when looking at the client ’ different! Someone says Mckinsey only does strategy, operations, firms like Roland Berger, Marakon and Booz sometimes... Spend more of your time at our headquarters looking for and pitching opportunities firms do implementation.... Systems, CRM tools or different segments like insurance it by mail today I. Totally different from other types of consulting you thing you ’ re in... Portfolio, operations management, operations and strategy engagements tend to involve hours...
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