What makes corporate consulting such an exciting career?
Management consulting firms receive
piles of applications from recent graduates and experienced professionals each
year. “What is it with management
consulting that makes it so popular?” More…
Sense of
Achievement
Management consultants are hired to do
one thing that many people would rather not do: advanced problem-solving. They go to the client’s office to help them
improve their marketing plans, develop a product, enhance their operations,
reduce costs and increase productivity.
To come up with strategies for these
deliverables, they must utilize their analytical,
organization and communication skills to understand the main problem, and to generate
creative solutions that must be seen to obtain their desired outcomes.
When these challenging activities are
successfully completed, they leave a deep sense of fulfillment and achievement.
Being part of a company’s strategic
planning certainly boosts confidence and pride.
It is always a great source of joy for a management consultant to know
the contribution he, his team or his firm made to a client’s success.
Enhancement
of personal competencies
When applicants are hired to fill in
a vacant position in a management consulting firm, recruiters know they have
the potentials to succeed in a dynamic workplace. What makes it more gratifying is the fact that
firms don’t throw them into the sea right away. They still equip them with specific techniques
on how to approach a case from various perspectives through skills
training.
As the new hires perform actual
responsibilities, they can even improve their technical know-how and skills
from their exposure to best industry practices and to the professional work
habits of their teammates.
Wider networks
Management consultants are always on
the go. They are assigned to various
projects within the city or in another country from time to time. As they visit the client’s office, conduct
research, gather pertinent information and conduct progress meetings with the
top management, they interact with professionals that can be part of their
network. If these connections are
nurtured in a proper way, they can be great sources of career opportunities,
useful information and lifelong relationships.
Continuous
learning
Most jobs become less interesting as
the years go by. When too much familiarity sets in, everything becomes a
meaningless routine. Not so with
management consulting. Professional
experts, regardless of how long they’ve stayed in the industry, continually
learn new business insights from management consultants because they work on a
myriad of cases across industries. For management
consultants, no two companies can get the same recommendations because they are
unique from each other. Management
consultants tailor their solutions according to the needs, priorities and
direction of their client. This type of
intellectual stimulation keeps the mind away from rust and cobwebs.
Irresistible
Perks
Management consultants may be
engrossed in work for long hours per week, but every second of
their effort is well-compensated. They
receive a substantial annual salary, performance bonuses, relocation
allowance, life insurance and other benefits. If they are working on an international assignment,
they can take this industry as their free pass to travel to new places, explore
the culture, tourist spots, food and other unique characteristics of the places
they travel to. That is, if they have
time and energy left after their long working days.
Breaking into this industry and
experiencing the aforementioned benefits is a challenge, however. You have to prepare for strenuous recruitment
and selection processes.