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Consulting Specialization

Students and consultants usually ask us for help on specialization. Today’s post will provide our perspective on this topic. Many consultants do not understand specialization. Define your area of specialization around three areas Sector and type of work are not mutually exclusive. What does that mean? To specialize, you need to define your area of specialization around three areas: Sector: Within which sector or sub-sector do you want to specialize? Type of Work: Within the sector do you want to do strategy, operations, organizational design or other work? Geography: Sometimes you will need to choose a geography within which you specialize. As an example, you can decide that you want to specialize in the micro-finance sector and strategy work within the South-East Asian market. How specialization work at the top consulting firms? Now that you know what specialization is, how does it work at the top consulting firms? Initially you have no choices. It’s harsh but true. When you first join BCG or McKinsey they will put you onto assignments to learn the core consulting skills – MECE, MECE, MECE…and more MECE. You will be assigned to different sectors, types of work and so on to ensure you understand and can…

Students and consultants usually ask us for help on specialization. Today’s post will provide our perspective on this topic. Many consultants do not understand specialization. Define your area of specialization around three areas Sector and type of work are not mutually exclusive. What does that mean? To specialize, you need to define your area of specialization around three areas: Sector: Within which sector or sub-sector do you want to specialize? Type of Work: Within the sector do you want to do strategy, operations, organizational design or other work? Geography: Sometimes you will need to choose a geography within which you…

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