Menu Expand
Management Consulting 5th edn

Management Consulting 5th edn

Louise Wickham | Jeremy Wilcock

(2016)

Additional Information

Book Details

Abstract

Management consulting remains a popular career choice but undertaking a consulting project for the first time can seem daunting for the student or new professional.

 

This book, now in its fifth edition, aims specifically to guide students through the consultancy process, while also giving tips and techniques to the more seasoned practitioner. This is delivered from the accumulated knowledge and insight of the authors and contributors, who all have been consultants.

 

This fifth edition has been thoroughly revised to reflect today’s dynamic business environment. The impact of new digital technologies on consulting and business in general, and the use of evidence, gained through studies on consulting, are considered.

It provides a careful balance between theory and practice and is ideal for anyone who is undertaking a consulting project.

 

Key features

  • A comprehensive introduction to the best practice in conducting a consulting project.
  • Key insights into how best to tackle the challenges that arise.
  • Case studies from across a wide range of industries at the end of each chapter and a long case study running throughout the book.  
  • Help in choosing and developing a career in consultancy.
  • Extensive references and further reading to underpin a student’s knowledge.

 

New to this edition

  • Further links to theories developed in other courses such as strategy and management.
  • In the Preface, several ‘pathways’ are provided for the different types of project a student may be required to undertake, taking into account their academic level and previous experience.
  • Throughout the chapters, the key ideas are highlighted to aid the reader in navigating the book.
  • New case exercises, based on real consulting projects, to put tools and techniques into practice, including a new long case study on a strategic review for a company.

 

Louise Wickham is the Director of Wickham Consulting Services Ltd and a practising consultant specialising in strategy and marketing. She has over 30 years business experience, both within companies and as a consultant, working for a wide range of consumer-facing businesses and the not-for-profit sector.

 

Jeremy Wilcock is the Business Engagement Manager at the Business School, University of Hull. He has 27 years industrial experience with a major multi-national where he worked on numerous internal consultancy projects. He has lectured regularly in strategic management and business analysis at undergraduate and postgraduate level, and has supervised student consulting projects.

 


Table of Contents

Section Title Page Action Price
Cover Cover
Title Page iii
Copyright Page iv
Brief Contents vii
Contents ix
Preface xvi
Acknowledgements xix
Part One Management consulting in context and how it adds value 1
1 The nature of management consulting and how it adds value 3
Learning outcomes 3
1.1 What a management consultant does 4
1.2 Consulting and management roles 5
1.3 The client–consultant interaction 10
1.4 The responsibilities of the management consultant 13
1.5 Types of client 15
1.6 Modes of consulting 16
1.7 The decision to use a consultant 17
1.8 Why do businesses fail? 18
1.9 Provision of information 21
1.10 Provision of specialist expertise 22
1.11 Provision of a new perspective 22
1.12 Provision of support for internal arguments 23
1.13 Provision of support for gaining a critical resource 24
1.14 Facilitating organisational change 25
Team discussion points 26
Summary of key ideas 26
Key reading 27
Further reading 27
Case exercise: Go Global 28
2 Consulting: the wider context and consulting process 30
Learning outcomes 30
2.1 Lifecycle of a business and the role of consulting 31
2.2 Management consulting: strategic processes of a business 32
2.3 ‘Hard’ side consulting: operational processes of a business 37
2.4 ‘Soft’ side consulting: human processes of a business 40
2.5 Consulting to the non-profit and public sectors 42
2.6 Overview of the consulting process 43
2.7 Initial contact and initiating the project 44
2.8 Preliminary analysis of the issues and defining objectives 47
2.9 Pitching the project: the formal proposal and project charter 47
2.10 Project progression and follow-up 48
Team discussion points 50
Summary of key ideas 51
Key reading 52
Further reading 52
Case exercise: Waterton Performing Arts Festival 52
3 The skills of the consultant and the project proposal 55
Learning outcomes 55
3.1 The effective consultant’s skill profile 56
3.2 Project management skills 57
3.3 Analysis skills 59
3.4 Relationship-building skills 61
3.5 The consulting selling process 62
3.6 The function of the project proposal 68
3.7 What to include in the proposal and an example 69
Team discussion points 73
Summary of key ideas 74
Key reading 75
Further reading 75
Case exercise: SM Scanning 75
4 Consulting across borders and cultures 78
Learning outcomes 78
4.1 Factors encouraging international operation 79
4.2 Researching and selecting overseas markets 82
4.3 Market entry options 84
4.4 Export management issues 87
4.5 Culture 89
4.6 International marketing 91
4.7 Global marketing planning 93
4.8 Managing the client–consultant relationship 96
Team discussion points 97
Summary of key ideas 97
Key reading 97
Further reading 97
Case exercise: Bill Chieftain 98
Apollo Tech Solutions case study: Part One 99
Part Two Project evaluation and analysis 101
5 Defining the destination, developing a strategy and understanding change 103
Learning outcomes 103
5.1 Identification of opportunities and issues with the client organisation 104
5.2 Problem analysis, specification and quantification 107
5.3 Objective setting: defining the desired end-state 111
5.4 Understanding and reconciling consultant and client objectives 115
5.5 Developing a strategy for the destination 119
5.6 Understanding the client’s defining characteristics 120
5.7 Developing the strategy for the journey 124
5.8 The need for change in the client organisation 127
Team discussion points 127
Summary of key ideas 127
Key reading 128
Further reading 128
Case exercise: Delphi Fashions 129
6 Evaluating client capabilities and business opportunities 131
Learning outcomes 131
6.1 Preliminary analysis techniques 133
6.2 Capabilities of businesses 136
6.3 Identification and evaluation of strategic options 146
6.4 Planning for the future 150
Team discussion points 154
Summary of key ideas 154
Key reading 155
Further reading 155
Case exercise: Dance-a-Boogie 156
7 Working with clients and teams: the ‘soft’ skills 157
Learning outcomes 157
7.1 Client needs, consultant’s response 158
7.2 Key skills: influencing 160
7.3 Key skills: communication and rapport 162
7.4 Key skills: listening and questioning 163
7.5 Working with teams 165
7.6 Leading a team 169
7.7 Challenging constructively 172
7.8 Knowing yourself: psychometric tests 176
Team discussion points 180
Summary of key ideas 180
Key reading 181
Further reading 181
Case exercise: Queenswick Adult Social Care 182
Apollo Tech Solutions case study: Part Two 184
Part Three Undertaking the project 187
8 Working with the client 189
Learning outcomes 189
8.1 Consultant–client engagement for project implementation 190
8.2 Relationship with the client during the project 193
8.3 Client relationships and business ethics 194
8.4 The desire for change by the client organisation 195
8.5 Change-enhancing interactions by the consultant 199
8.6 Overcoming resistance 201
8.7 Benchmarking project progression 203
8.8 Understanding the roles of client team members 204
8.9 Types of project shock 205
8.10 Responding to project shocks 207
Team discussion points 208
Summary of key ideas 208
Key reading 209
Further reading 209
Case exercise: Anglia Vending Services 210
9 Creative approaches for developing solutions 211
Learning outcomes 211
9.1 How to use analysis to develop solutions 212
9.2 Mind mapping 216
9.3 Brainstorming 217
9.4 Seven basic tools 218
9.5 Seven new management tools 220
9.6 Other analysis methods 224
Team discussion points 226
Summary of key ideas 226
Key reading 226
Further reading 227
Case exercise: Youth Travel Agency 227
10 Decision making in the client context 229
Learning outcomes 229
10.1 Decision making in organisations 230
10.2 Types of management decision-making roles 232
10.3 The decision-making unit 233
10.4 The dimensions of a decision 235
10.5 Multi-criteria decision analysis 236
10.6 Decision-making style and influence 237
10.7 Organisational orientation 238
10.8 Organisational culture 239
10.9 Strategy processes 241
10.10 Strategy development processes 242
10.11 External influences on organisational decision making 244
10.12 The naturalistic decision-making approach 245
Team discussion points 247
Summary of key ideas 247
Key reading 248
Further reading 248
Case exercise: Dunwich Marine 248
11 Managing the project 251
Learning outcomes 251
11.1 Individual roles for team members 252
11.2 Setting a timetable and the project budget 253
11.3 Organising meetings 255
11.4 Organising workshops 257
11.5 The importance of time management and effective time management 258
11.6 Time management systems and dealing with slippage 260
11.7 The function of the project log 261
11.8 What to include in the project log and suggested formats 263
Team discussion points 264
Summary of key ideas 265
Key reading 265
Further reading 265
Case exercise: Siam Lubricants 266
Apollo Tech Solutions case study: Part Three 267
Part Four Delivering the product to the client 269
12 Communication skills and presenting your ideas 271
Learning outcomes 271
12.1 The nature of business communication 272
12.2 Communication as a business tool 273
12.3 Types of communication 275
12.4 Planning the communication 277
12.5 The consulting report 279
12.6 Formal presentations 281
12.7 Making a case, answering questions and meeting objections 282
12.8 Change programmes and communication 283
Team discussion points 285
Summary of key ideas 285
Key reading 286
Further reading 286
Case exercise: Stanley Consumer Electronics 286
13 Learning from success 288
Learning outcomes 288
13.1 Transferring project ownership 289
13.2 Post-project summary and review 289
13.3 Follow-up projects and key client management 290
13.4 Using consulting projects as case studies 291
13.5 Recognising the successes 292
13.6 Success and transferable skills 293
13.7 Knowledge Transfer Partnerships 295
13.8 Recording successes on your CV and relating them in job interviews 296
13.9 Learning from failure 297
Team discussion points 297
Summary of key ideas 298
Key reading 298
Further reading 298
Case exercise: Wessex Custom Design 299
Apollo Tech Solutions case study: Part Four 301
14 Consulting as a career 302
Learning outcomes 302
14.1 The history of management consulting 303
14.2 The consulting industry today 304
14.3 Key players in the consulting world 306
14.4 Career structure in consulting firms 307
14.5 Becoming a consultant 309
14.6 The internal consultant 311
Team discussion points 312
Summary of key ideas 312
Key reading 312
Further reading 313
Case exercise: Grey Consulting Ltd 313
Appendix: Example of a consulting report: New strategic direction for W&G Cracking Pie Company 315
Index 319
A 319
B 319
C 320
D 321
E 322
F 322
G 323
H 323
I 323
J 324
K 324
L 324
M 325
N 326
O 326
P 326
Q 328
R 328
S 328
T 329
U 330
V 330
W 330
Y 330
Z 330