Star The Consulting Interview
Our topic for today is focused about what it takes to handle a consulting interview and ace it. We shall split the topic into areas 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?
While you spend some time analyzing if you are ready for a consulting interview, let us look at what it takes to organize for the interview.While a consulting interview in lots of ways may be similar to a regular appointment, you will find areas of the interview that grossly differs from any other job interviews.
As is the case with every other interview, this interview would start with the interviewer asking you to spell out something about yourself, your experience in the consulting industry IT Consultants. If you don’t have any experience in consulting, there is a top probability that the you would be likely to map your current experience to consulting experience requirements. But when you don’t have any experience at all, there is a top likelihood you’re not shortlisted for an interview in a consulting firm.
For experience consulting professionals this part becomes easy as whatever you do is explain your current role and how it maps to the new role you’re seeking. For newbies, it becomes much more challenging to handle a consulting interview. So it’d help newbies to connect with consulting professionals as a area of the networking exercise prior to presenting themselves for a consulting interview. This can help you get familiarized with the consulting industry and specifically the role of a consultant. You may 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 their client problems and the perfect solution is they provided as a part of their case studies. They could be available in brief on the website. Take some time to see and understand these case studies. It might allow you to through your consulting interview.
Indeed, it may possibly not be wise to assume why these cases would be presented for you through your consulting interview. But reviewing these cases may help offer you insight about what the corporation is looking for.
It is also advisable for you really to review their service offerings and align your experience to one of the service offerings. Whilst it is excellent that you might carry some experience, it is critical that the ability maps as to the the consulting firm offers to its clients. This will definitely be tested in your consulting interview. Make certain that you take the time to understand their service offerings and convince the firm of one’s value add to the offering.
Be ready to solve for an instance study. If you are an experienced and an experienced consultant attending a consulting interview, there is a very high likelihood that you are not offered an instance study to solve.
But if you should be a rookie, there is no skipping this step. Please note that through your consulting interview, the firm will not look for you really to solve the case study. It’s more vital and probable that the firm will be examining your ability to consider away from box, structured thinking, your analytical skills, your trouble solving abilities and your communication skills though the case study. Prepare for multiple case studies is critical 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 fairly simple if you were to think about it. Consulting spans in numerous forms. As always, given the boom in IT and ITES outsourcing, the demand for management consultants along the way and the technology space has been on the rise. If you are aware of the outsoucing industry, you would know that the most common 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 one of the safest jobs on the planet, on the other they are the easiest to be outsourced.
So as it pertains to consulting, you could be either a procedure consultant or perhaps a technology impacted management consultant. If you are a procedure consultant, the expectation is that you shoulder in-depth expertise and process knowledge in your town of expertise. I’m sorry to disappoint new graduates out there. But process consulting essentially requires prior experiences in the area/ domain you need to consult in. So you will have to work your way up the ladder from being a rookie to someone with experience in specific processes and domain to become a process consultant. This can definitely be tested without doubt through your consulting interview. If you are 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) should not be a new comer to you.
Also, if you were to think gaining some knowledge and jargon from the consulting industry can help you get throughout your consulting interview, you’re highly mistaken. This can only get you a poor repute on the market making you unsuitable for consulting jobs.
One 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 referring to IT consulting here. I’m referring to management consulting where firms leverage technology extensively to solve for business problems (not IT problems but business problems). As an example – leveraging business objects solution to lessen the time to report or employing a tax bolt on software to perform tax accrual better and releasing cash flow for better investment and reduce litigation fees.
Irrespective of your consulting area, you will find few things you can be assured to be tested in your consulting interview.
a) A common question in your consulting interview would be on domain and section of expertise
b) Throughout your consulting interview also expect questions on definition of one’s client’s problem statement and the perfect solution is delivered and your role as a consultant in delivering the solution.
I rely on today’s world, it is extremely challenging for one to be an exclusive process consultant. Technology touches our lives every day. So even although you really are a core process consultant, for me, you would be forced to brush with technology sooner or later over time making you a technology related management consultant.