MBAs MBAs as as

ManagemManagementent

ConsultanConsultantsts R.S.Murali

Who is a MBA?Who is a MBA?

A Generalist?A Specialist?A very Special Generalist..

What does MBA give a What does MBA give a student?student?

• Knowledge of Concepts

• Understanding the tools of analysis

• Exposure to business situations

What is Management What is Management Consulting?Consulting?

The service provided to business, public The service provided to business, public

and other undertakings by an and other undertakings by an

independent and qualified person or independent and qualified person or

persons in persons in identifyingidentifying and and investigatinginvestigating

problems concerned with problems concerned with policy, policy,

organization, procedures and methodsorganization, procedures and methods, ,

recommendingrecommending appropriate action and appropriate action and

helping to implementhelping to implement those those

recommendationsrecommendations

The Three WantsThe Three Wants

• To learn

• To conceptualize

• To convert

The Three RolesThe Three Roles

• Specialist

• Analyst

• Mentor

The Three AspectsThe Three Aspects

• Consulting

• Training

• Research

The Three ToolsThe Three Tools

• Analysis

• Documentation

• Transfer

The Three Elements

People

Process

Technology

The Three QualitiesThe Three Qualities

• Knowledge

• Practicality (workability)

• Service Delivery

The Three Abilities The Three Abilities

• Conceptual: T: Everything of something and something of everything

• Analytical: Good quantitative / verbal abilities (arthasashtra)

• Emotional: Ability to wait (Second innings will be good)

The Three Values

• Honesty

• Sincerity

• Simplicity

Where are you…?Where are you…?

Map yourselves and Check your fitness to become a MC..

Are you ready??

If you are ready please note the three…..

Making Money is not Making Money is not easy…easy…

The life is really tough…The life is really tough…

“And don’t worry about the staff. I’ve explained to themyour purpose here is to help us grow”

Quality is the watchword…Quality is the watchword…

“It’s worse than we thought – the Institute of ManagementConsulting is going to do a random testing for competence”

Are you Are you ready….?ready….?