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Consultancy Skills overview

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Presentation on theme: "Consultancy Skills overview"— Presentation transcript:

1 Consultancy Skills overview
Robert Jones

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3 Figure 3.2 The consultant must always convince the client that the service on offer is of real value! Source: Copyright © Scott Adams, Inc./Dist by UFS, Inc. Reproduced by permission.

4 What is consulting / management consultancy?

5 1. What is consulting / management consultancy?

6 Seven keys to successful consulting

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8 Consulting humour The Consultants

9 Why do companies buy management consultancy?

10 6. What are the main skills of a good consultant?
What makes a great consultant?

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12 What is the role of the consultant?
What should consultants do?

13 Inside McKinsey

14 A model of the elements of strategic management
Exhibit 1.3

15 Grant Thornton

16 If you are not part of the solution
There is good money to be made in prolonging the problem Larry Kersten

17 Anglia Property Preservation – case study

18 http://www. slideshare

19 Seven Cs of Consulting Client Close Clarify Create Continue Confirm Change

20 A model of the elements of strategic management
Analysis – external, internal and stakeholders (fairly straightforward) Options and selection of option (not so difficult) Implementation (now it gets tricky ! ) Based on Johnson, Scholes & Whittington (2005) Exploring Corporate Strategy, 7th Edition, Pearson Education Exhibit 1.3

21 Good strategy is in the overlap
Often, the environment E moves and the organisation does not move - this can be fatal (strategic drift)

22 Value-add by Consultants (Day, 2004 from O’Mahoney 2010)
Peer relationship Process consultancy Tailor to client needs Client-led interaction Minimal interaction Metanoia Experience Service Product Commodity

23 Figure 7.1 Consultants’ responsibility for growth and results model
Source: After Champion, D.P., Kiel, D.H. and McLendon, J.A. (1990) ‘Choosing a consulting role’, Training and Development Journal, 1 February.

24 Figure 7.2 Push–Pull model

25 Figure PF Plot Example

26 Figure 8.1 Consultant–client interaction

27 Figure 9.7 Example of a force-field diagram

28 Figure 10.1 A traditional model of organisational decision-making

29 Figure 10.2 The dimensions of a business decision

30 Figure 10.3 The Idenberg matrix for strategy process
Source: Reprinted from P.J. Idenberg, ‘Four styles of strategic planning’, Long Range Planning, 26 (6), 132–7. Copyright © 1993, with permission from Elsevier.

31 Figure 11.1 A simplified critical path analysis for a consulting project

32 Figure 11.2 An example of a page from a project log

33 Figure 1.1 The managerial role profile

34 Core skills and competences Consultant’s contract with the client
Comparing Expert and Process Consulting Process Consultant Expert Consultant Approach Facilitate & structure Analyse, advise & recommend Provide a path for client Define the answers Work with clients to help them understand their own ideas Provide client insights based on expertise & knowledge Core skills and competences Developing client rapport Developing client credibility Listening & questioning Expert knowledge Facilitation & workshops Analysis, explanation & clarification Ability to process complex info Into a coherent whole Make advice relevant to client’s specific business context. Conflict resolution and consensus building Consultant’s contract with the client I will help you help yourself I will review your situation You identify most important problem and the solution I determine the problem and symptoms and then inform you Your role is to scope and solve the problem Your role is to give me information and answer questions I will provide a process to help you do this Outcome: my recommendations. I can then develop implementation plans. You come up with the outcome, I structure it for you Based on Newton 2010

35 Soft Systems Methodology

36 Consultancy interview – part 1

37 Consulting interview – part 2

38 How to crack a consultancy case study
Bain and Co

39 Consulting Interview, Kevin P. Coyne,
former McKinsey Worldwide Strategy Co-leader

40 Some frameworks

41 Figure 6.2 Stakeholder analysis

42 Figure 6.3 Whole product model

43 Figure 6.4 Pareto analysis

44 Figure 6.5 S-curve analysis

45 Figure Decision gates

46 Figure Wharton grid Source: ©Boardroom Associates, 2007

47 Figure 6.13 Extended Ansoff matrix
Source: ©Boardroom Associates, 2011

48 Figure 6.14 Eisenhower grid

49 Figure BCG matrix Source: Boston Consulting Group. Adapted from The Product Portfolio Matrix (1970). The Star, the Dog, the Cow and the Question Mark – The Growth Share Matrix.

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52 Figure 6.17 Scenario worlds

53 Figure 6.18 Use of the analytical tools

54 Figure 7.1 Consultants’ responsibility for growth and results model
Source: After Champion, D.P., Kiel, D.H. and McLendon, J.A. (1990) ‘Choosing a consulting role’, Training and Development Journal, 1 February.

55 Figure 7.2 Push–Pull model

56 Figure PF Plot Example

57 Decision tool – Pareto analysis
In 1906 Vilfredo Pareto observed that 80% of the land in Italy was owned by 20% of the population and that 20% of the pea pods in his garden contained 80% of the peas. 80% of a company's profits come from 20% of its customers 80% of a company's complaints come from 20% of its customers 80% of a company's profits come from 20% of the time its staff spend 80% of a company's sales come from 20% of its products 80% of a company's sales are made by 20% of its sales staff Living Life the 80/20 Way by Richard Koch (2004) Therefore, many businesses have an easy access to dramatic improvements in profitability by focusing on the most effective areas and eliminating, ignoring, automating, delegating or retraining the rest, as appropriate.

58 Pareto Principle Information Cost Time
80% of information comes from 20% of research cost The remaining 20% of information would come from 80% of research cost Information Cost Time

59 Pareto Principle – cost of perfect information
80% of information comes from 20% of research cost and time The remaining 20% of information would come from 80% of research cost 80% information 20% information Information Cost

60 Comprehensive McKinsey Hypotheses Based Case Interview Approach

61 Comprehensive McKinsey, Bain & BCG Operations Case Approach
Pepsi example

62 Interviewing with McKinsey: Case study interview (advice and reflections)

63 Case Interview 101 - A great introduction to Consulting Case Interviews
MECE – mutually exclusive collectively exhaustive

64 The Apprentice 2013

65 Case studies

66 Case Study Can Gerry Robinson Fix the NHS? Context What are the Issues? Approach? What type of consultancy would be appropriate?

67 Alex Polizzi - The Fixer BBC2
Hunter's Brewery – case study Context What are the Issues? Approach? What type of consultancy would be appropriate?

68 Figure 11.1 A simplified critical path analysis for a consulting project

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70 Figure 11.2 An example of a page from a project log

71 8.1 Perspectives in decision making – EVR Congruence
Effective decision making balances resources, environment and values Environment Externalities Political Economic Socio-cultural Technological Environmental Market Customers Competitors Resources Organization Operations Assets Competences R E V Values Expectations of Stakeholder groups Management style Leadership Culture Adapted from Thompson 1999 © Robert Jones 2014

72 R E V Environment Resources Values
8.1 Effective decision making is in the overlap – the congruence of E-V-R Opportunities and threats Strengths and weaknesses Goals Objectives Environment Externalities Political Economic Socio-cultural Technological Environmental Market Customers Competitors © Robert Jones 2014 Resources Organization Operations Assets Competences Efficiency R E Feasibility Suitability V Values Expectations of Stakeholder groups Management style Leadership Culture Acceptability Effective decision making – Matching resources with the environment to satisfy Values and expectations of stakeholders

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75 Network Rail’s transformation programme structure
© Robert Jones 2013

76 Key Performance Indicators
© Robert Jones 2013

77 CP4 outputs © Robert Jones 2013

78 © Robert Jones 2013


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