advice for young consultants

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Advice for Young Consultants May 1, 2013

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Page 1: Advice for young consultants

Advice for Young Consultants

May 1, 2013

Page 2: Advice for young consultants

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Lessons I have learned…

Understand the Problem

Understand the problem from your client’s viewpoint… both organizational and personal.

Listen! Listen! Listen! Discuss what you heard. Then write a clear statement of Objectives and Scope.• Objectives: What you will accomplish.• Scope: The boundaries/limits of what you will do, e.g. global regions.

Do the Research

The Creative Phase of ResearchA.) Formulate the framework for research.• What information is needed (not limited by what you believe you can do).• Define terms so that all stakeholders will understand the relevance.• Determine your sources…free and purchased.B) Organize your findings in a standardized data base. Definition of terms is the most common weakness.

The Critical Phase of ResearchC) Establish evaluation criteriaD) Assess and rank the findings according to the criteriaThe client must agree on the criteria.

Solve the ProblemFacts are derived from research.Solution emerges from understanding the relevance of the facts.

No substitute for experience for this step.

Communicate the SolutionAt least 50% of success is how well you communicate your solution.• Presentation format• Word selection• Figures, Charts, and Graphs (“A picture is worth a thousand words.”)

Review Re-write! Review Re-write! Review Re-write!

Page 3: Advice for young consultants

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Future challenges…

GlobalizationMore and more clients seek global solutions that require knowledge of global markets.

Is there a credible alternative to boots on the ground?

Networked organizationA broad network must be available to quickly plug-in to add skills as needed… “rent not buy” to achieve a viable cost structure.

How can start-up inertia for outside assets be efficiently managed?

Evolving capabilitiesWhat is excellent now is obsolete within a few years.

Continuous development of consulting products and services is necessary as clients learn from us and bring capabilities in-house.

Communication without travel

In-person communication remains the gold standard, but the associated time and cost demands increasingly effective alternatives.

How can continuous updating of communications technologies be accomplished cost-effectively?

Page 4: Advice for young consultants

ZENeSYS Consulting52 Waltham Street

Lexington, MA, USA 02421T. 781.325.1774

E. [email protected]

Business Innovation Consulting LLC15 New England Executive Park

Burlington, MA, USA 01803T. 781.581.5700

E. [email protected]

BIC and ZENeSYS have partnered on a number of assignments.