Strategy & Consulting Training - How to Select Consulting Specialization

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: https://www.youtube.com/watch?v=yVDx54luAkI 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