S I M S C O N

1 6 / 1 7 | A U G N E W S L E T T E R

PARAMARSH

WHY YOU SHOULD CONSIDER JOINING CONSULTING

C O N T R I B U T E D B Y J A Y A N T  

Today, consulting after MBA seems to be the preferred choice for the vast majority of MBA applicants. For some of course it is an escape from the comparatively monotonous corporate life that they have had so far. But for others, it is a dream that involves getting chance to work on new projects frequently, travelling, and helping clients fix their companies.

Due to its nature of varied and often frequently

changing projects, consulting allows those who

pick the career to rapidly try out industries,

functional areas, and even geographies to see

what they like most. Even if you want to join a

specific industry, consulting gives you the chance

to see different company cultures and meet new

people within the company, which can be a huge

step in picking your next career move.

While most people work their whole lives to

climb the corporate ladder and begin working

on companywide strategic problems, there are

just few lucky ones who skip years of executing

day to day duties and jump straight to working

on and solving problems a company faces,

providing a unique opportunity to exercise ones

strategy and gain exposure.

S K I P T H E C - S U I T E L I N E G E T T O T R Y A L O T O N

I N S T A N T N E T W O R K

As we know networking is an essential part of

building wealth, joining a consulting firm is one

of the quickest and the most effective ways to

build a vast and valuable network. You get to

work with multiple clients and stakeholders

through the course of your different projects.

This in turn will help you build relationships

across multiple organizations that can well turn

into job offers in near future.

O P P O R T U N I T I E S T O G R O W

Consulting has a huge undercurrent of merit-based

opportunities and performance. If you are great at

what you do, you will be rewarded, and unlike many

other jobs you don’t have to wait for your boss to

leave to progress. You can also ask for “stretch” roles

where you are building your skill set outside of your

level.

C O N S U L T I N G H A S I T S D O W N S I D E S , B U T W I T H P L E N T Y O F O P P O R T U N I T I E S T O L E A R N ,

G R O W A N D P R O G R E S S A S A P R O F E S S I O N A L I T H I N K C O N S U L T I N G I S W O R T H A T R Y

F O R A L L O F Y O U .

THE FUTURE OF CONSULTING

AUGUST 2017 16 / 1 7

CONTR IBUTED BY RHITABRATA

Will the b irth of the G ig Economy mean the death of general ist consult ing? Or does

consult ing have a future? The death of consult ing can be a d isaster .

Future Customer

Future Client

Customer and clients should be on the top of the priority list. Imagine opening your eyes in the

morning and your Smart house is there using advanced biometrics to sense you’re awake and

starts making an incredible difference. Heat purrs, coffee brews, lights adjust and music plays.

This assistant might predict the weather and traffic for the day, provide with information like

discounts on a product you desire to buy. Everything you need is happening with your minimal

efforts. So, we can understand technology will get advanced and will continue to touch our lives.

Delivering this level of service is no small feat.

To succeed, clients must take into

consideration all aspects of a customer’s life in

real-time. To achieve this, clients will need an

instantaneous, endless transfer of data,

housed in a limitless, unified space, that can

be continuously mined and used to create and

deliver truly personalized experiences.  To

succeed and grow in this explosive

environment, all businesses—clients and

ourselves—need to embrace change; to

business models, and to how we’ll employ

technology to deliver results.  

Future Consultant

Supporting the clients in their transformation

toward customer concentricity and helping

them streamline their businesses will not be

enough. Consultants have other roles to play.

The consultant of tomorrow will be a broker

of talent, a doer, a participant in the industry

rather than an ordinary consultant to it. By

2020, more than 75 percent of ideas, talent

and innovation will be sourced through eco-

systems of engagement, which will

fundamentally change the way clients work

and the way consultants work with their

clients.