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Monro

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Everything posted by Monro

  1. Consulting firm embrace a meritocratic culture, and the “up or out” policy is widely used in consulting firm. Thus, relationships between consultants must be quite strained. How do consultants warm up these relationships?
  2. A skillful consultant needs to be trained. However, in China, the management consulting school is not well established so far. Can we set up a consulting school that can earn some profit in the meantime?
  3. Consultants need teamwork. While a team is working on a project, what is the best way to assign the tasks properly?
  4. The current situation is more complex than the model.The consultants could do the research about the clients first,and this project need a steady knowledge,which may include the mature models and their personal experience. The model may be just a reference for(or a part of)the consulting works. Combining the experience with the model may be the best way to solve the problem.
  5. Consultants travel with work. How can the directors in the consulting firm keep track of the consultant’s work time?
  6. The consulting team will usually communicate with the client throughout the project at various intervals:daily,weekly,monthly.They may keep their client informed about the evolving hypothesis and make sure the consulting team is on track to meet client exceptions.
  7. If a company’s internal consultants perform well, is it necessary for an organization to hire external consultants?
  8. I think maybe its a good thing for the consultants who are asked to resign. First, the job they do currently maybe is not a good fit with his skills. Let's suppose that someone works in a famous consulting firm now, when he is asked to resign, other small consulting firms may need him. And investment banks (and many other companies) who are looking for people with consulting skills may need him. Second, the experience in working in a big consulting firm is good for his CV, and will open up more opportunities than a graduate. Also, I think consulting is a high risk industry because it has a high turnover rate. A critical reason is the "up or out" policy, but it may be risky for other reasons as well.
  9. What can a management consulting firm do when the economy declines (in a recession)? In other words, how can a consulting firm keep large organizations continuously interested in them?
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