How to Select Consulting Specialization

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Students and consultants usually ask us for help on consulting specialization. This is a crucial question that consultants have to consider when mapping out their management consulting career path. • Today’s video will provide our perspective on this topic. Many consultants do not understand consulting specialization. • Sector and type of work are not mutually exclusive. What does that mean? • To specialize, you need to define your area of specialization around three areas. After watching this video, you will have a much better understanding of how to select your area of specialization as you are building your consulting career. • Time Stamps: • 00:00 - Many consultants do not understand specialization • 00:25 - Define your consulting specialization around 3 areas • 01:00 - How specialization works at the top consulting firms • 01:55 - Why early consulting specialization is bad • 02:50 - What you need to learn first before you can choose specialization • 03:00 - What many consultants miss when choosing specialization • 03:50 - Difference between strategy, operations, implementation is rarely understood • 04:23 - Choosing the right consulting office • 04:50 - What management consultants should avoid • 06:00 - What analytical thinking means • 06:30 - What consultants often don't undrestand about consulting engagements • 07:00 - Final words • Consulting Office Selection: • McKinsey, BCG, Bain, Deloitte, PwC et... • GIFTS: • Winning McKinsey and BCG Resume Example: www.firmsconsulting.com/resumepdf • Overall Approach Used in Well-Managed Strategy Studies - www.firmsconsulting.com/overallapproach • Nine Leaders in Action: www.firmsconsulting.com/gift • #consulting #managementconsulting #managementconsultant

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