How to Become a Management Consultant
(8 courses)What do I need to study to become a Management Consultant?
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Definition of Management Consultant
A Management Consultant is engaged in order to help a business or organisation improve performance and grow by identifying and solving organisational problems, as well as advising on the implementation of new and better ways of operating, or ‘best practices’.
Operating primarily through the analysis of existing organisational structure and operation, Management Consultants offer external, objective advice on the development of plans for improving productivity and increasing efficiency.
They use their business skills and expertise to help organisations to solve issues, create value, maximise growth and develop any specialised skills that may be lacking.
What are the responsibilities of a Management Consultant ?
- Collecting and analysing data in order to understand the business or organisation.
- Interviewing employees, managers and other stakeholders.
- Identifying problems and areas of inefficiency.
- Forming hypotheses and solutions based on analysis and industry ‘best practices’.
- Preparing and presenting findings, proposals and recommendations to clients.
- Implementing recommendations, facilitating workshops, managing projects and programmes
- Liaising with clients regarding progress and performance of implemented solutions
Career Outlook for Management Consultant
The average age of people working as is 42 with 56.60% of them being male. 80.60% of are employed full-time and they typically work around 40.1 hours per week.
Unemployment is average and, with A Bachelor Degree or higher, the average Community Worker can earn around $1,500 per week Before Tax. In 2015 there were 66,100 working and the future growth of the profession is predicted to be very strong, with numbers around 79,900 in 2020.