What the heck does a consultant DO, exactly? – Management Consulting 101

People say that I solve #businessproblems. That’s not wrong. But it’s way over-simplified. What does it mean to “solve problems”? What specifically do #consultants do to do that? So let’s put it this way. Think of #managementconsultants, especially entry-level ones as “content ambassadors”. We act like the bridge between a complicated client context with various needs, conditions, and attributes and a massive back-end network of knowledge and experts. This sounds simple but it’s not. There is a lot of slicing and shovelling involved. Let’s look at an example. I was in charge of the cement workstream and the key question was: should the client close down the plant? Yes, I have a massive network of experts behind me but there’s no way they can answer that question given how little they know about the client and market context. As the #consultant in charge, I have to analyze the problem, breaking it into smaller parts… In order to know if the client should close the plant or not, we need to know if we can turnaround their negative profits and if yes, how long does it take? Then into the first branch, I explore ways to improve sales and ways to cut costs. Suppose I was studying the costs and realize logistics is one of the biggest. Then only at this point would I choose from the network a cement logistics expert to talk to. Is this clear enough for ya?
Let’s watch this video for more insights!

Visit our website for more DETAILED GUIDES on McKinsey PST, Case Interview and Consulting Math
McKinsey PST:
Consulting Math:
Case Interview:
Case Interview Question Types:
Case Interview Prep Ebooks
Read 50+ posts on our blog for insider tips and tricks on McKinsey PST and Case Interview
Help us reach 50,000 YouTube subscribers at and keep making everything available for free.
Watch all of our VIDEOS on Youtube at
McKinsey PST Prep Playlist
Case Interview Prep Playlist
Hope to see you in the next video!

– 1432472933 – 322846

market insights consultants