SlideShare a Scribd company logo
1 of 16
Download to read offline
Spring 2021
1
Consulting Behaviour
Stream A7
Dr. Benjamin Lehiany
& Stéphane Lesage
Session 5:
The consultant posture,
ethics & time management
1. The consulting industry,
actors & hot topics
2. Consulting jobs &
careers
2
3. The mission lifecycle &
consultant toolbox
4. The commercial
proposal
5. The Consultant posture,
ethics & time management
COURSE STRUCTURE & CONTENT
3
The mission life-cycle
The big picture
PRE-SALES
• Prospection
• Promotion
• Call for tenders
POST-MISSION
• Satisfaction survey
• References
QUALIFYING THE NEEDS
• Transform needs into opportunities
• Screen decision process & budget
• Commercial proposal:
• Approach and action plan
• Quotation
PITCH & SELECTION
• Pitch front of the client to
introduce approach, action plan
and submit a quotation
• Selection of the consulting firm
• Bargain before the deal
EXECUTION
• Consultant posture
• Data collection
• Analysis, Diagnosis
• Project management
• Conclusions and deliverables
CLOSING
• Internally: return on experience /
Knowledge Management
• Externally: Identification of new
needs / joint opportunities
4
The consultant posture
The day-to-day of a consultant depends on the style of its firm
• Approach : co-construction of solutions
• Added-value: strong innovation capabilities &
agility
• Timing: short to medium-term (from 1 month to 1
year)
• Output: know-how, coaching, workshops, culture,
product / service development… « own branding »
• Location: both (the client can go to the consulting
firm’s office!)
• Dress code: casual-chic
• Exple: innovation agencies (One Point, Fabernovel
…).
• Approach : top-down
• Added-value: strong expertise, strong
brand/reputation, wide network;
• Timing: short-term (1 to 6 months)
• Output: knowledge, benchmarks,
recommendations, roadmaps, « own branding »
• Location: own office, meetings at the client’s office
• Dress code: formal, “white collar”
• Exple.: Strategy consulting (MBB, Oliver Wyman,
A.T. Kearney, Roland Berger, …)
• Approach : Bottom-up
• Added-value: Strong operational / technical skills,
strong brand/reputation,
• Timing: medium-term (3 months to 1 year)
• Output: transformation program, software, project,
product, process, « client’s branding »
• Location: the client’s office
• Dress code: the client’s one, usually “business
casual”
• Exple: Management & IT consulting (Accenture,
Capgemini Invent, Bearing Point, Wavestone, Big
Four…)
“Advisor” style “Operational” style “Hybrid” style
5
The consultant posture
House
of lies
Video available to watch here : https://www.youtube.com/watch?v=4cyvmF7GD8o
6
The consultant posture
A subtle combination of hard & soft skills
HOW-TO-BE (soft skills)
• Able to build a « client intimacy » of trust
• Open-minded
• Multi level communication capacity
• Innovative mindset
• Willingness to satisfy the client
• Diplomatic and tactful to inspire confidence
• Adapting to the circumstances
• Proper attitude
KNOW-HOW (hard skills)
• Technical knowledge (skills / tools / methods)
• Constructive and enthusiastic communication
• Fluent - at least in English - in reading as in
speaking
• Good analytical and synthetic skills
• Face issues and bring solutions be force of
proposals
7
The consultant posture
Managing time is key when you sell time!
How to deal with the
flow of e-mail, when
you receive more than
100 e-mails per day?
8
The consultant posture
Time management process steps
Acknowledge reception Prioritize Produce work Send the work
• Send an e-mail to
requestor
• Ask for a call or more
details:
o Deadline
o Scope
o Metrics…
• Assess urgency /
importance
• Manage expectations
• Assess feasibility
• The 3D rule (see next
slide)
• Understanding of the
Knowledge Questions
• Data collection
• Data analysis
• Production of the
results
• Choose the format
• Choose the recipients
• Send the results
Source: BCG
9
The consultant posture
Managing time is key when you sell time!
Few tips that can save your life:
• The 3D rule: Do-Delete-Delegate
• Writing e-mails is not “core business”!
• Do not answer straight-away!
• Check your inbox every 30-60 minutes
and turn notifications off in between
• Avoid reading e-mails twice
• Prioritize: read first e-mails where you
are a direct recipient (To) and then
when you are in copy (cc.)
10
The consultant posture
Managing time is key when you sell time!
Request A. Biologics market
Dear ZYX,
Sorry for the short notice, we are working on a Due
Diligence in the UK and need quick input from your
end today.
Would you have any information on demand of
Biologic drugs? I would like to understand also the
% of Biologics among pharmaceutical sales and the
impact of Biosimilars.
Thank you,
Kind Regards
Associate XYZ
Exercise: as a junior analyst at BCG, you receive those e-mails this morning. Please respond.
Request B. Outsourcing trends
Hi ZYX,
I am reaching out to ask for your help on pharma
companies outsourcing trend Background: we are
working on a proposal for a Korean contract
manufacturing organization. What is the market size
of pharmaco's outsourcing? What is the outsourcing
share (historical and forecast)?
Recent movement of pharma companies towards
increasing outsourcing?
Thank you,
Principal XYZ
11
The consultant posture
Why ethical
issues ?
12
The consultant posture
McKinsey scandal on Purdue Pharma
What do you
think?
13
The consultant posture
Why ethical questions ?
▪ The consultant can be in a superior
expertise position which makes the
client uncomfortable to assess the
deliverables
▪ Lack of objective and reliable
benchmarks for assessing
competence
▪ Consultants are rewarded for
selling and generating business
▪ Anyone can call himself a
consultant
▪ Even if the Business Schools have
consulting cursus, no common
body of knowledge (as in medicine,
law)
▪ There is no normative text for the
professional knowledge base
… but consultants :
▪ can be prejudiced and biased
▪ can have prefabricated or
prepackaged solutions
▪ can be inclined to promote inhouse
solution to sale products/services
from its own company
Position of trust Lack of formal
expertise
Client expects
impartiality…
14
The consultant posture
Ethical situations you might face
▪ Client is king since he pays : how to say « no »?
▪ Landing the project or being honest?
▪ What if the client want to solve the wrong
problem?
▪ Do you sure you are not the messenger of decision
already made?
▪ By the way, who is the client (shareholders, top
managers, employees)?
▪ Need to have access to internal confidential
information
▪ Consultants may work for companies in
competition
▪ May have private information about a competitor
of the current client
▪ Transparency about methods : if you give the trick,
the client does not need you anymore
Conflict of interests Risk of disclosure
1. The consulting industry,
actors & hot topics
2. Consulting jobs &
careers
15
3. The mission lifecycle &
consultant toolbox
4. The commercial
proposal
5. The Consultant posture,
ethics & time management
COURSE STRUCTURE & CONTENT
Discover the other sessions on Consultant Behaviour on manadvise.fr
16

More Related Content

What's hot

ESCP - Consultant behaviour session 3 2021 - mission lifecycle & consultant t...
ESCP - Consultant behaviour session 3 2021 - mission lifecycle & consultant t...ESCP - Consultant behaviour session 3 2021 - mission lifecycle & consultant t...
ESCP - Consultant behaviour session 3 2021 - mission lifecycle & consultant t...Manadvise
 
EM Normandie - Operational Efficiency
EM Normandie - Operational EfficiencyEM Normandie - Operational Efficiency
EM Normandie - Operational EfficiencyManadvise
 
General Management Career Conversation
General Management Career Conversation General Management Career Conversation
General Management Career Conversation SupportGCI
 
The three emerging business models in consulting sioo
The three emerging business models in consulting siooThe three emerging business models in consulting sioo
The three emerging business models in consulting siooArd-Pieter de Man
 
MBA & Company - Expertise On Demand
MBA & Company - Expertise On DemandMBA & Company - Expertise On Demand
MBA & Company - Expertise On DemandMBA & Company
 
XLRI Strategy in action
XLRI  Strategy in actionXLRI  Strategy in action
XLRI Strategy in actionSupportGCI
 
Best practices of resume preparation - Presentation
Best practices of resume preparation - PresentationBest practices of resume preparation - Presentation
Best practices of resume preparation - PresentationSupportGCI
 
BIC101 Acceleration Program
BIC101 Acceleration ProgramBIC101 Acceleration Program
BIC101 Acceleration Programbicangels
 
Engineers can be good entrepreneur too
Engineers can be good entrepreneur tooEngineers can be good entrepreneur too
Engineers can be good entrepreneur tooTBSS Group
 
The International Competency Framework
The International Competency FrameworkThe International Competency Framework
The International Competency FrameworkAngelo Kehayas
 
Project Program Manager Career Conversation
Project Program Manager Career ConversationProject Program Manager Career Conversation
Project Program Manager Career ConversationSupportGCI
 
Managing The Professional Firm 1
Managing The Professional Firm   1Managing The Professional Firm   1
Managing The Professional Firm 1Steven Jackson
 
BFSI Business Corporate Finance
BFSI  Business  Corporate Finance BFSI  Business  Corporate Finance
BFSI Business Corporate Finance SupportGCI
 
Career Advancement & Accelleration for Executives and Entrepreneurs
Career Advancement & Accelleration for Executives and EntrepreneursCareer Advancement & Accelleration for Executives and Entrepreneurs
Career Advancement & Accelleration for Executives and EntrepreneursMyBrain Coach
 
The BA career from Apprentice to Practice Leader
The BA career from Apprentice to Practice LeaderThe BA career from Apprentice to Practice Leader
The BA career from Apprentice to Practice LeaderIIBA UK Chapter
 
How To Market a Professional Services Firm
How To Market a Professional Services FirmHow To Market a Professional Services Firm
How To Market a Professional Services FirmPaul Banks
 

What's hot (20)

ESCP - Consultant behaviour session 3 2021 - mission lifecycle & consultant t...
ESCP - Consultant behaviour session 3 2021 - mission lifecycle & consultant t...ESCP - Consultant behaviour session 3 2021 - mission lifecycle & consultant t...
ESCP - Consultant behaviour session 3 2021 - mission lifecycle & consultant t...
 
EM Normandie - Operational Efficiency
EM Normandie - Operational EfficiencyEM Normandie - Operational Efficiency
EM Normandie - Operational Efficiency
 
Consultancy skills
Consultancy skillsConsultancy skills
Consultancy skills
 
Business consultancy presentation by robin walker skills academy 2014
Business consultancy presentation by robin walker   skills academy 2014Business consultancy presentation by robin walker   skills academy 2014
Business consultancy presentation by robin walker skills academy 2014
 
General Management Career Conversation
General Management Career Conversation General Management Career Conversation
General Management Career Conversation
 
The three emerging business models in consulting sioo
The three emerging business models in consulting siooThe three emerging business models in consulting sioo
The three emerging business models in consulting sioo
 
MBA & Company - Expertise On Demand
MBA & Company - Expertise On DemandMBA & Company - Expertise On Demand
MBA & Company - Expertise On Demand
 
XLRI Strategy in action
XLRI  Strategy in actionXLRI  Strategy in action
XLRI Strategy in action
 
Best practices of resume preparation - Presentation
Best practices of resume preparation - PresentationBest practices of resume preparation - Presentation
Best practices of resume preparation - Presentation
 
BIC101 Acceleration Program
BIC101 Acceleration ProgramBIC101 Acceleration Program
BIC101 Acceleration Program
 
Engineers can be good entrepreneur too
Engineers can be good entrepreneur tooEngineers can be good entrepreneur too
Engineers can be good entrepreneur too
 
The International Competency Framework
The International Competency FrameworkThe International Competency Framework
The International Competency Framework
 
Consulting skills
Consulting skillsConsulting skills
Consulting skills
 
Project Program Manager Career Conversation
Project Program Manager Career ConversationProject Program Manager Career Conversation
Project Program Manager Career Conversation
 
Managing The Professional Firm 1
Managing The Professional Firm   1Managing The Professional Firm   1
Managing The Professional Firm 1
 
BFSI Business Corporate Finance
BFSI  Business  Corporate Finance BFSI  Business  Corporate Finance
BFSI Business Corporate Finance
 
Consultancy management
Consultancy managementConsultancy management
Consultancy management
 
Career Advancement & Accelleration for Executives and Entrepreneurs
Career Advancement & Accelleration for Executives and EntrepreneursCareer Advancement & Accelleration for Executives and Entrepreneurs
Career Advancement & Accelleration for Executives and Entrepreneurs
 
The BA career from Apprentice to Practice Leader
The BA career from Apprentice to Practice LeaderThe BA career from Apprentice to Practice Leader
The BA career from Apprentice to Practice Leader
 
How To Market a Professional Services Firm
How To Market a Professional Services FirmHow To Market a Professional Services Firm
How To Market a Professional Services Firm
 

Similar to ESCP - Consultant behaviour session 5 2021 - consultant posture, ethics, time management

7 habits lawyer_north qld 201
7 habits lawyer_north qld 2017 habits lawyer_north qld 201
7 habits lawyer_north qld 201Orbit
 
Management Consulting - Logbook - Rafael Mohrez
Management Consulting - Logbook - Rafael MohrezManagement Consulting - Logbook - Rafael Mohrez
Management Consulting - Logbook - Rafael Mohrezrmohrez
 
IIMK CC Management Consulting
IIMK CC Management ConsultingIIMK CC Management Consulting
IIMK CC Management ConsultingSupportGCI
 
Customer Centric Proposal Writing
Customer Centric Proposal WritingCustomer Centric Proposal Writing
Customer Centric Proposal WritingSPIN Chennai
 
Johns hopkins innovation factory entrepreneur development program #3
Johns hopkins innovation factory   entrepreneur development program #3Johns hopkins innovation factory   entrepreneur development program #3
Johns hopkins innovation factory entrepreneur development program #3Glenn Alpert
 
Effective Clients Relationship Management
Effective Clients Relationship ManagementEffective Clients Relationship Management
Effective Clients Relationship Management 'Lolu Akinwunmi
 
Positioning Professional Services for Success
Positioning Professional Services for SuccessPositioning Professional Services for Success
Positioning Professional Services for SuccessAmbareesh Kulkarni
 
Management consulting
Management consultingManagement consulting
Management consultingSupportGCI
 
Management Consulting
Management ConsultingManagement Consulting
Management ConsultingSupportGCI
 
Management Consulting CC
Management Consulting CCManagement Consulting CC
Management Consulting CCSupportGCI
 
A career in_entrepreneurship_ethan_chazin_31oct2013
A career in_entrepreneurship_ethan_chazin_31oct2013A career in_entrepreneurship_ethan_chazin_31oct2013
A career in_entrepreneurship_ethan_chazin_31oct2013Ethan Chazin MBA
 
Do you have Product Management in your DNA?
Do you have Product Management in your DNA?Do you have Product Management in your DNA?
Do you have Product Management in your DNA?Corilus
 
Increasing your chances of success by engaging with a niche consultancy
Increasing your chances of success by engaging with a niche consultancyIncreasing your chances of success by engaging with a niche consultancy
Increasing your chances of success by engaging with a niche consultancyCompliance Consultant
 
Business Development for Technical Professionals
Business Development for Technical ProfessionalsBusiness Development for Technical Professionals
Business Development for Technical ProfessionalsCyndi Gundy
 
3 Pillars Of Business Success
3 Pillars Of Business Success3 Pillars Of Business Success
3 Pillars Of Business SuccessChris Leadley
 
Community of Practice Webinar - What makes a good (or great) change manager?
Community of Practice Webinar - What makes a good (or great) change manager? Community of Practice Webinar - What makes a good (or great) change manager?
Community of Practice Webinar - What makes a good (or great) change manager? Prosci ANZ
 
How to get_your_next_job_in_islamic_finance
How to get_your_next_job_in_islamic_financeHow to get_your_next_job_in_islamic_finance
How to get_your_next_job_in_islamic_financewwwxxxyzzz
 
Business Startup Bootcamp - Day 3
Business Startup Bootcamp - Day 3Business Startup Bootcamp - Day 3
Business Startup Bootcamp - Day 3David Bozward
 

Similar to ESCP - Consultant behaviour session 5 2021 - consultant posture, ethics, time management (20)

7 habits lawyer_north qld 201
7 habits lawyer_north qld 2017 habits lawyer_north qld 201
7 habits lawyer_north qld 201
 
Management Consulting - Logbook - Rafael Mohrez
Management Consulting - Logbook - Rafael MohrezManagement Consulting - Logbook - Rafael Mohrez
Management Consulting - Logbook - Rafael Mohrez
 
IIMK CC Management Consulting
IIMK CC Management ConsultingIIMK CC Management Consulting
IIMK CC Management Consulting
 
Customer Centric Proposal Writing
Customer Centric Proposal WritingCustomer Centric Proposal Writing
Customer Centric Proposal Writing
 
Johns hopkins innovation factory entrepreneur development program #3
Johns hopkins innovation factory   entrepreneur development program #3Johns hopkins innovation factory   entrepreneur development program #3
Johns hopkins innovation factory entrepreneur development program #3
 
Effective Clients Relationship Management
Effective Clients Relationship ManagementEffective Clients Relationship Management
Effective Clients Relationship Management
 
Positioning Professional Services for Success
Positioning Professional Services for SuccessPositioning Professional Services for Success
Positioning Professional Services for Success
 
Management consulting
Management consultingManagement consulting
Management consulting
 
Management Consulting
Management ConsultingManagement Consulting
Management Consulting
 
Management Consulting CC
Management Consulting CCManagement Consulting CC
Management Consulting CC
 
ALC_Coaching_Deck_(spt2022).pdf
ALC_Coaching_Deck_(spt2022).pdfALC_Coaching_Deck_(spt2022).pdf
ALC_Coaching_Deck_(spt2022).pdf
 
A career in_entrepreneurship_ethan_chazin_31oct2013
A career in_entrepreneurship_ethan_chazin_31oct2013A career in_entrepreneurship_ethan_chazin_31oct2013
A career in_entrepreneurship_ethan_chazin_31oct2013
 
Do you have Product Management in your DNA?
Do you have Product Management in your DNA?Do you have Product Management in your DNA?
Do you have Product Management in your DNA?
 
Increasing your chances of success by engaging with a niche consultancy
Increasing your chances of success by engaging with a niche consultancyIncreasing your chances of success by engaging with a niche consultancy
Increasing your chances of success by engaging with a niche consultancy
 
Business Development for Technical Professionals
Business Development for Technical ProfessionalsBusiness Development for Technical Professionals
Business Development for Technical Professionals
 
3 Pillars Of Business Success
3 Pillars Of Business Success3 Pillars Of Business Success
3 Pillars Of Business Success
 
Community of Practice Webinar - What makes a good (or great) change manager?
Community of Practice Webinar - What makes a good (or great) change manager? Community of Practice Webinar - What makes a good (or great) change manager?
Community of Practice Webinar - What makes a good (or great) change manager?
 
Consulting Training july 2013
Consulting Training july 2013Consulting Training july 2013
Consulting Training july 2013
 
How to get_your_next_job_in_islamic_finance
How to get_your_next_job_in_islamic_financeHow to get_your_next_job_in_islamic_finance
How to get_your_next_job_in_islamic_finance
 
Business Startup Bootcamp - Day 3
Business Startup Bootcamp - Day 3Business Startup Bootcamp - Day 3
Business Startup Bootcamp - Day 3
 

Recently uploaded

Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...PsychoTech Services
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationnomboosow
 
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfchloefrazer622
 
Class 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdfClass 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdfAyushMahapatra5
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Celine George
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfAdmir Softic
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdfSoniaTolstoy
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhikauryashika82
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDThiyagu K
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfJayanti Pande
 
social pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajansocial pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajanpragatimahajan3
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3JemimahLaneBuaron
 

Recently uploaded (20)

Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
 
Advance Mobile Application Development class 07
Advance Mobile Application Development class 07Advance Mobile Application Development class 07
Advance Mobile Application Development class 07
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdf
 
Class 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdfClass 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdf
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptxINDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
social pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajansocial pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajan
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 

ESCP - Consultant behaviour session 5 2021 - consultant posture, ethics, time management

  • 1. Spring 2021 1 Consulting Behaviour Stream A7 Dr. Benjamin Lehiany & Stéphane Lesage Session 5: The consultant posture, ethics & time management
  • 2. 1. The consulting industry, actors & hot topics 2. Consulting jobs & careers 2 3. The mission lifecycle & consultant toolbox 4. The commercial proposal 5. The Consultant posture, ethics & time management COURSE STRUCTURE & CONTENT
  • 3. 3 The mission life-cycle The big picture PRE-SALES • Prospection • Promotion • Call for tenders POST-MISSION • Satisfaction survey • References QUALIFYING THE NEEDS • Transform needs into opportunities • Screen decision process & budget • Commercial proposal: • Approach and action plan • Quotation PITCH & SELECTION • Pitch front of the client to introduce approach, action plan and submit a quotation • Selection of the consulting firm • Bargain before the deal EXECUTION • Consultant posture • Data collection • Analysis, Diagnosis • Project management • Conclusions and deliverables CLOSING • Internally: return on experience / Knowledge Management • Externally: Identification of new needs / joint opportunities
  • 4. 4 The consultant posture The day-to-day of a consultant depends on the style of its firm • Approach : co-construction of solutions • Added-value: strong innovation capabilities & agility • Timing: short to medium-term (from 1 month to 1 year) • Output: know-how, coaching, workshops, culture, product / service development… « own branding » • Location: both (the client can go to the consulting firm’s office!) • Dress code: casual-chic • Exple: innovation agencies (One Point, Fabernovel …). • Approach : top-down • Added-value: strong expertise, strong brand/reputation, wide network; • Timing: short-term (1 to 6 months) • Output: knowledge, benchmarks, recommendations, roadmaps, « own branding » • Location: own office, meetings at the client’s office • Dress code: formal, “white collar” • Exple.: Strategy consulting (MBB, Oliver Wyman, A.T. Kearney, Roland Berger, …) • Approach : Bottom-up • Added-value: Strong operational / technical skills, strong brand/reputation, • Timing: medium-term (3 months to 1 year) • Output: transformation program, software, project, product, process, « client’s branding » • Location: the client’s office • Dress code: the client’s one, usually “business casual” • Exple: Management & IT consulting (Accenture, Capgemini Invent, Bearing Point, Wavestone, Big Four…) “Advisor” style “Operational” style “Hybrid” style
  • 5. 5 The consultant posture House of lies Video available to watch here : https://www.youtube.com/watch?v=4cyvmF7GD8o
  • 6. 6 The consultant posture A subtle combination of hard & soft skills HOW-TO-BE (soft skills) • Able to build a « client intimacy » of trust • Open-minded • Multi level communication capacity • Innovative mindset • Willingness to satisfy the client • Diplomatic and tactful to inspire confidence • Adapting to the circumstances • Proper attitude KNOW-HOW (hard skills) • Technical knowledge (skills / tools / methods) • Constructive and enthusiastic communication • Fluent - at least in English - in reading as in speaking • Good analytical and synthetic skills • Face issues and bring solutions be force of proposals
  • 7. 7 The consultant posture Managing time is key when you sell time! How to deal with the flow of e-mail, when you receive more than 100 e-mails per day?
  • 8. 8 The consultant posture Time management process steps Acknowledge reception Prioritize Produce work Send the work • Send an e-mail to requestor • Ask for a call or more details: o Deadline o Scope o Metrics… • Assess urgency / importance • Manage expectations • Assess feasibility • The 3D rule (see next slide) • Understanding of the Knowledge Questions • Data collection • Data analysis • Production of the results • Choose the format • Choose the recipients • Send the results Source: BCG
  • 9. 9 The consultant posture Managing time is key when you sell time! Few tips that can save your life: • The 3D rule: Do-Delete-Delegate • Writing e-mails is not “core business”! • Do not answer straight-away! • Check your inbox every 30-60 minutes and turn notifications off in between • Avoid reading e-mails twice • Prioritize: read first e-mails where you are a direct recipient (To) and then when you are in copy (cc.)
  • 10. 10 The consultant posture Managing time is key when you sell time! Request A. Biologics market Dear ZYX, Sorry for the short notice, we are working on a Due Diligence in the UK and need quick input from your end today. Would you have any information on demand of Biologic drugs? I would like to understand also the % of Biologics among pharmaceutical sales and the impact of Biosimilars. Thank you, Kind Regards Associate XYZ Exercise: as a junior analyst at BCG, you receive those e-mails this morning. Please respond. Request B. Outsourcing trends Hi ZYX, I am reaching out to ask for your help on pharma companies outsourcing trend Background: we are working on a proposal for a Korean contract manufacturing organization. What is the market size of pharmaco's outsourcing? What is the outsourcing share (historical and forecast)? Recent movement of pharma companies towards increasing outsourcing? Thank you, Principal XYZ
  • 11. 11 The consultant posture Why ethical issues ?
  • 12. 12 The consultant posture McKinsey scandal on Purdue Pharma What do you think?
  • 13. 13 The consultant posture Why ethical questions ? ▪ The consultant can be in a superior expertise position which makes the client uncomfortable to assess the deliverables ▪ Lack of objective and reliable benchmarks for assessing competence ▪ Consultants are rewarded for selling and generating business ▪ Anyone can call himself a consultant ▪ Even if the Business Schools have consulting cursus, no common body of knowledge (as in medicine, law) ▪ There is no normative text for the professional knowledge base … but consultants : ▪ can be prejudiced and biased ▪ can have prefabricated or prepackaged solutions ▪ can be inclined to promote inhouse solution to sale products/services from its own company Position of trust Lack of formal expertise Client expects impartiality…
  • 14. 14 The consultant posture Ethical situations you might face ▪ Client is king since he pays : how to say « no »? ▪ Landing the project or being honest? ▪ What if the client want to solve the wrong problem? ▪ Do you sure you are not the messenger of decision already made? ▪ By the way, who is the client (shareholders, top managers, employees)? ▪ Need to have access to internal confidential information ▪ Consultants may work for companies in competition ▪ May have private information about a competitor of the current client ▪ Transparency about methods : if you give the trick, the client does not need you anymore Conflict of interests Risk of disclosure
  • 15. 1. The consulting industry, actors & hot topics 2. Consulting jobs & careers 15 3. The mission lifecycle & consultant toolbox 4. The commercial proposal 5. The Consultant posture, ethics & time management COURSE STRUCTURE & CONTENT Discover the other sessions on Consultant Behaviour on manadvise.fr
  • 16. 16