Our topic for today is focused about what it will take to handle a consulting interview and ace it. We will 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 are you experiencing what it will take to ace a consulting interview?
When you spend time analyzing if you are ready for a consulting interview, let’s look at what it will take to prepare for the interview. IT Recruitment While a consulting interview in lots of ways might be much like a typical appointment, there are areas of the interview that grossly differs from any other job interviews.
As may be the case with every other interview, this interview would begin with the interviewer asking you to describe something about yourself, your experience in the consulting industry. If you don’t have any experience in consulting, there’s a higher probability that you would be likely to map your current experience to consulting experience requirements. But when you don’t have any experience at all, there’s a higher 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 current role and how it maps to the newest role you’re seeking. For newbies, it becomes a little more challenging to handle a consulting interview. So it’d help newbies to get in touch with consulting professionals as a area of the networking exercise just before presenting themselves for a consulting interview. This can help you get familiarized with the consulting industry and specifically the role of a consultant. You can best leverage networking sites and informal communications with this purpose.
Ensure you research enough concerning the consulting firm you’re taking the consulting interview with. Typically consulting organizations showcase case studies of the client problems and the perfect solution is they provided as a part of their case studies. They may be obtainable in brief on the website. Take some time to learn and understand these case studies. It might allow you to through your consulting interview.
Indeed, it may not be smart to assume why these cases will be presented to you through your consulting interview. But reviewing these cases can help offer you insight about what the organization is looking for.
It can also be advisable for you yourself to review their service offerings and align your experience to one of many service offerings. Whilst it is very good that you may carry some experience, it is vital that the ability maps from what the consulting firm offers to its clients. This may definitely be tested in your consulting interview. Make sure that you take some time to know their service offerings and convince the firm of one’s value add to the offering.
Be ready to solve for a case study. If you are a skilled and a veteran consultant attending a consulting interview, there’s a very good likelihood that you’re not offered a case study to solve.
But if you should be a beginner, there’s no skipping this step. Please remember that through your consulting interview, the firm will not look for you yourself to solve the case study. It is more vital and probable that the firm will be examining your ability to think away from box, structured thinking, your analytical skills, your condition solving abilities and your communication skills though the case study. Prepare for multiple case studies is vital for your consulting interview success. Check to see if you will get insights for consulting case studies from HBR magazine or others of similar nature for your consulting interview.
So how can this impact my consulting interview?
The answer is quite easy if you were to 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 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 some people think Finance and Accounting are one of many safest jobs on the planet, on another they are the simplest to be outsourced.
So as it pertains to consulting, you could be either an activity consultant or even a technology impacted management consultant. If you are an activity consultant, the expectation is that you shoulder in-depth expertise and process knowledge in your area of expertise. I’m sorry to disappoint brand new graduates out there. But process consulting essentially requires prior experiences in the area/ domain you desire to consult in. So you should work your way up the ladder from being a beginner to someone with experience in specific processes and domain to become a process consultant. This may definitely be tested unquestionably 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 referred to as 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 may only get you a negative repute in the market making you unsuitable for consulting jobs.
One other consulting arena I was hoping to touch upon through this blog is Technology related consulting – When I state technology related consulting I’m most certainly not discussing IT consulting here. I’m discussing management consulting where firms leverage technology extensively to solve for business problems (not IT problems but business problems). For instance – leveraging business objects solution to reduce the time for you 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.
Aside from your consulting area, there are few things you can be assured to be tested in your consulting interview.
a) A common question in your consulting interview will 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 very challenging for you to be an exclusive process consultant. Technology touches our lives every day. So even although you are a core process consultant, i think, you would be required to brush with technology sooner or later over time making you a technology related management consultant.