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What is Consulting?

What is Consulting?. Management Consulting Services. Agenda. What is Consulting? A Day in the Life What does it take? Pros and cons of consulting Who is PricewaterhouseCoopers? What is it like to work here?. What is Consulting?. “Helping businesses effect change”

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What is Consulting?

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  1. What is Consulting? Management Consulting Services

  2. Agenda • What is Consulting? • A Day in the Life • What does it take? • Pros and cons of consulting • Who is PricewaterhouseCoopers? • What is it like to work here?

  3. What is Consulting? • “Helping businesses effect change” • Entering a new geographical market • Launching a new product/service • Selecting and implementing IT systems • Developing a marketing/branding strategy • Merging or acquiring another company • Managing business information • Building e-business initiatives or offerings • Restructuring internal organizations etc..

  4. Consulting with PwC • Services • Strategic Change • Technology Solutions • Industries • Consumer and Industrial Products (CIP) • Financial Services • Information, Communication, Entertainment and Technology (ICE-T) • Utilities and Energy • Government and Institutional Services

  5. A Day in the Life: Sample project models • Smaller team of 2-5 consultants work for 2-4 months to provide the client with strategic change or process improvement recommendations • Larger team of 20 - 100 consultants work in phases for 6 months to 2 years, helping a client select and implement a major piece of technology

  6. A Day in the Life: Sample projects • Help a national discount retailer figure out whether it wants to start selling automobile tires, and how • Design and build a national health care provider’s consumer website and online service offerings • Select and implement customer service software and training programs for a global wireless telecom company • Help an American retail clothing store chain open new locations in Japan and Singapore • Integrate three recent acquisitions of a global consumer electronics manufacturer

  7. What does it take to be a consultant? • Teamwork - working easily and efficiently with others • Adaptability - dealing with a variety of complex and ambiguous situations • Intelligence - absorbing information and nuances quickly, understanding details and what they actually mean • Initiative - thinking creatively and actively contributing to the shape of a project • Clarity - communicating complex ideas simply and clearly to others

  8. Pros Broad business exposure Experience with industry-leading technologies and companies Variety of projects and clients Advanced and continuous training Control over personal career path Travel Cons Unpredictable work schedule Travel Difficult clients Pros and Cons of Consulting

  9. Who is PricewaterhouseCoopers? • The World’s Largest Professional Services Firm • Over 155,000 Professionals Worldwide • 152 Countries and 5 Continents • $15 Billion in Revenue • 28% revenue growth

  10. Who is PricewaterhouseCoopers? Management Consulting Services (MCS) • 31,000 professionals worldwide (app. 1/6 of all employees) • 25% annual growth • 40% annual revenue growth • Midwest MCS is the #1 performing unit

  11. Who is PricewaterhouseCoopers? • Some of our clients • American Airlines • American Red Cross • Anheuser-Busch • Ann Taylor • Bacardi • Calvin Klein • Charles Schwab • Coca-Cola • Compaq • Federal Express • Frito-Lay • General Electric • Gilette • Goldman Sachs • Hewlett-Packard • Kellogg • Marriot Hotels and Resorts • McDonalds • Metropolitan Opera • Mitsubishi • Oracle • Polaroid • Proctor & Gamble • Volkswagon

  12. What is it like to work here? A commitment to training • New-hire Strategic Change Consultants • SMART program - includes a detailed case study, basic financial and technology training, strategy frameworks, business analysis techniques, team building, self-study and presentation skills • New-hire Technology Consultants • ASCENT Program in Tampa, FL - includes self study, team building, creative problem solving, 1 week of “Introduction to Consulting” class and 9-10 weeks of intensive technical training • Ongoing - All Consultants • 40 hours of continuing education each year - choose to be trained in e-business strategies, specific technologies or programs, financial analysis, etc.

  13. What is it like to work here? • Career Path Support • Peer Mentors and Senior Coaches • Flexibility to either acquire specific industry expertise and specialize, or remain general • Continuous performance evaluation • Chart your own career path and timing • Ability to receive training towards in other skills, technologies and certifications • No “up or out” firm mentality

  14. What is it like to work here? A Culture of Work-Life Balance • More Nights at Home • Concierge Service • Other Work-Life Balance Programs and Policies • “When Life is Good, Work Benefits”

  15. To Know More • PwC Information Session • Monday, September 11th • IMU, 6:00 - 9:00 PM • Consulting Fair • Wednesday, September 20th • IMU, 7:00 - 9:00 PM • www.pwcglobal.com

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