Types of Consulting
Which type of consulting helps companies with mergers & acquisitions?
What is... Financial Consulting
Name ONE of the “MBB” firms
What is... McKinsey, BCG, Bain
What does MECE stand for?
What is... Mutually Exclusive, Collectively Exhaustive
Consultants are famous for making what type of deliverable?
What is... Slide decks/presentations
Starbucks hires consultants. True or False?
What is... True
Which type focuses on long-term vision and market positioning?
What is... Strategy Consulting
Which FOUR firms make up the “Big 4”?
Who is... Deloitte, PwC, EY, KPMG
What’s THREE skills every consultant needs?
What is... Problem solving, communication, analytics, teamwork, professionalism, creativity & innovation, adaptability, time management, attention to detail
What’s one common stereotype about consultants?
What is... "Steal your watch to tell you the time."
Which industry do you think hires the most consultants?
What is... Financial services, healthcare, or tech
What does “operations consulting” typically improve?
What is... Efficiency, processes, & supply chain
True or False: Accenture is one of the Big 4
What is... False
Name ONE type of analysis a consultant might do.
What is... Market sizing, SWOT, competitor analysis, financials
Consultants often travel a lot for work. What’s one benefit of this lifestyle?
What is... Exposure to new places, networking, client interaction, travel perks, etc...
A consultant might estimate: “How many _____ are sold per year in the U.S.?" What's this called?
What is... Market sizing/guesstimate
Digital transformation consulting often helps businesses adopt what?
What is... New technologies, data tools, and digital processes — e.g., AI, cloud, automation, IT systems
Which firm is especially known for private equity consulting?
Who is... Bain
Which skill is most tied to slide-making and storytelling?
What is... Communication
Digital transformation consultants often help clients improve what kind of experience?
What is... Customer experience — through apps, websites, or digital tools
Consultants often work in what kind of small team structure?
What is... Case team/project team