How would you explain the management consulting industry to someone who is unfamiliar?
How well you communicate this point effectively will showcase how well you would represent their brand to potential customers and how well you could communicate complicated subjects into less complicated, relatable terms. Your answer will demonstrate your abilities and skill level as a professional. Research PwC's language and value statements, and align your language and approach with theirs.
"Risk challenges we can help you solve: Control risk - Automate timely and cumbersome controls processes. Detect risk - Identify areas where your business may be vulnerable to compliance risk. Track risk - Manage and mitigate risk with third parties and customers. Assess risk - Assess your business's exposure to risk. Upskill risk professionals - Increase your cyber readiness with digital upskilling. Solve risk - Integrate compliance controls within your existing workflows."
"Management consulting is best described as a group of people who help businesses answer tough questions surrounding their operations, strategy, and profits."
"I explain management consultants as people who help businesses to clarify their operations and strategy and find solutions to help those businesses improve their profitability."
Community answers are written by other candidates practicing this set. Reading how others frame the same question is one of the fastest ways to sharpen your own.
Anonymous Answer
Management Consulting: If I were to explain to my in-laws, who do not know a lot about the IT industry, and lay it out in simpler terms for them, I would ask, 'If you were to build a basement, what would you do?' Most people would ask people they trust, invest the money, and follow the process to see the output. Similarly in IT, clients know which partner to trust, and they would help them plan/strategize and execute the project plan for them. The result in any industry is a happy and profitable customer
Marcie's Feedback
Great reply! Including the construction example was an excellent idea because it makes your explanation very easy to understand. Excellent job!
Anonymous Answer
We help organizations and corporations solve complex problems and provide 3 party assurance.
Amanda's Feedback
This is a solid starting place that you can build on to showcase your knowledge of the field. Consider sharing that management consulting companies provide industry counsel, advice, and functional expertise in specific areas such as strategic leadership, Human Resources, risk management, information technology, operations, finance, etc. in order to help businesses improve performance, solve problems, and achieve sustainable growth.
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