Starting your career in the consulting industry seems like a dream for many people. Business trips, nice outfits, and even nicer payroll might be some of the reasons why the consulting industry is attractive. But, what about the working hours? The dreadful case interview? Do I even have a place in the consulting world given my background is not related to business? Do I have the required skills to be a consultant?
Aspiring to answer these burning questions and the desire to develop our consultants, 180 Degrees Consulting UGM had the opportunity to hold a workshop titled “UpScale! The Basic of Consulting as a Profession” on Saturday (3/7). Collaborating with EY-Parthenon, a sub-service line under Strategy and Transactions (SaT) in EY, this workshop covers the info session on EY-Parthenon, webinar, case study workshop, and sharing session with the consultants. The workshop is attended by more than 60 people including the Associate Partner of EY-Parthenon Indonesia, Anugrah Pratama, which has successfully honed the consulting skills of our consultants further.
The Basics of Consulting
Licya Hermawan, the Assistant Manager of EY-Parthenon opened her presentation with some tips and traits on being a great consultant. A consultant should be a team player with effective communication that has great flexibility in working throughout the project. You also need to be a problem solver that is highly adaptable and has a quick ability to learn. In the project, Licya stressed the importance of understanding the type of client you are dealing with and trying to put yourself in their shoes. Lastly, do not forget to be structured and always rethink the relevance of what you are doing to maximize the solutions given to the client.
A consultant usually uses a framework to solve various business problems. Not only it enables you to get the answer faster, using a framework could create a greater impact on the business and builds clients’ confidence, as well as use your time and resources more effectively so you can enjoy your free time.
Case Study and Sharing Session
Licya introduced the Problem Solving Cycle, which is an iterative process that consists of problem definition, problem structuring, prioritization, issue analysis and work plan, analysis, synthesis, and final recommendation. Make sure that the recommendations are SMART (Specific, Measurable, Action-oriented, Relevant, and Time-bound) and should be part of problem-solving and revisited throughout the study. Adopting both traits and the Problem Solving Framework will increase your chances of success in a case interview.
The session is followed by a case study session. Our consultants are divided into 5 different groups with a facilitator from EY-Parthenon in each group. We were accompanied by Aryasatya Adyatama, Livia Rachel, Albert J. Hutagaol, Alicia A. Suastika, and Hafiz Fahri as the facilitators that give our consultant guides throughout solving the case study given.
The workshop is closed by a sharing session, where Amadhea Ridaswari joins the other consultants to share some of their ups and downs working as a consultant in EY-Parthenon. Working as a consultant comes with a big responsibility, but also vast opportunities to learn and collaborate with other consultants from all over the world. Starting your career in the consulting industry might create a lot of questions and challenges at first, but there are no stupid questions. The environment is very supportive and there are a lot of chances to upskill yourself through various training and workshops provided by the company.
In nailing the case interview, there are several tips that you can take. First, make sure that you come prepared beforehand and practice cases you can find on the internet. Second, stay calm and believe in yourself during the interview because you have what it takes when you are called to the case interview. Lastly, the case interview puts an emphasis on your problem-solving logical thinking.
So, do not worry about not getting the numbers right as the interviewers would love to see your logic in solving the case.
Written by Christophorus Ariobumi Praditya.