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CONSULTING 101 Division Directors: Janine Romy ( jromy@nd.edu ) Alex Jones (ajones22@nd.edu). What is Consulting?. As consultants, we solve pressing business problems. “The business of giving expert advice to other professionals”. Source: Google Dictionary. Projects We Offer.
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CONSULTING 101 Division Directors: Janine Romy (jromy@nd.edu) Alex Jones (ajones22@nd.edu)
What is Consulting? As consultants, we solve pressing business problems. “The business of giving expert advice to other professionals” Source: Google Dictionary
Projects We Offer Specialty Consulting The Big Three The SIBC Consulting Division has a project for everyone. Consulting Divisions in the Big Four
Why Choose Consulting? It is commonly said that one year in consulting is worth three years in another industry!
Quality Research Sources If your idea or recommendation is not backed up by data, it is NOT WORTH SAYING. Graphs have more impact than raw numbers Always cite sources on slides Use infographics for visual effect Found at library.nd.edu/business Source: Mahaffey Business Library
PowerPoint Slide Quality Tips Good slides always have a takeaway, either in the title or in a text box. Impact of Graphics on Slide Quality Quality of slide This side of the slide is ugly Relevant graphics Bad This is what a bad PowerPoint looks like. There is no visual impact from the placement of text. There are way too many words on one slide. There may be a randomly placed clip-art picture somewhere on the page. The white space is not balanced. The font is too small.
SIBC Consulting Buzzwords Case interview: the situation-oriented challenges presented by recruiters to test how you think 80/20: the idea that 80% of the output comes from 20% of the input i.e. 80% of the problem can be solved with 20% of the data MECE (pronounced mee-cee): “mutually exclusive, collectively exhaustive” - an organizational tool where ideas have no gaps or overlaps 20,000-foot view: looking at a problem from a general perspective without worrying about details Slide deck: a PowerPoint presentation Source: The Daily Muse, Yaro Starak
Example Case Interview Questions Should Company Alpha, a grocery store chain, enter the Internet-based grocery shopping market? If so, how and what concerns should they have? If not, how do they protect market share that is being threatened by the emerging Internet market? Our company that manufactures batteries for RVs finds itself in the middle of a changing industry, where manufacturers are opting to use cheaper batteries as the standard. Customers must pay $600 extra to use our company’s batteries. How do we maintain profits amidst these changing conditions? You are consulting for a small manufacturer of motorcycles. They hand craft their bicycles and are well reputed for having some of the best quality on the market. A large multi-national competitor has announced that it will begin selling high-end motorcycles incorporating the newest engine technology. What should your client do? A major distributor of canned corn in North America is considering an expansion into the South East Asian market. What would you recommend? Source: The Corporate Executive Board Company, Job Search Online, Ace the Case
Any Further Questions? Please contact the Consulting Division Directors: Janine Romy (jromy@nd.edu) Alex Jones (ajones22@nd.edu)