Becoming a Successful Business Consultant

Write an essay (titled Becoming a Successful Business Consultant) describing how you, the writer, plan to use the new skills and knowledge to become a successful Business Consultant. A successful paper will include ALL information from all three categories below and demonstrate a very sound grasp of the concepts in Finance, Consulting Tools and Techniques, Leadership Development, and Coaching methodologies as presented in the required text list.
O Consulting Concepts & Corporate Finance

1. Describe the difference between accounting, finance and economics as it relates to the business environment.
2. Explain what is meant by corporate consulting and how it differs from coaching.
3. Distinguish between the roles of an internal and external consultant.
4. Evaluate a balance sheet, P&L and statement of cash flows and generate the basic ratios and metrics associated with each.
5. How to select the appropriate problem-solving tools (e.g. SWOT Analysis, Fishbone Diagram, etc.) based on specific circumstances and situations and explain the reasoning behind each selection.

o Consultant’s Approach to Leadership, Management, & Culture

1. Describe the elements critical to a successful consulting engagement.
2. Create an effective engagement letter.
3. Describe different types of consulting “roles.”
4. Demonstrate the ability to complete a “Front-end Analysis.”
5. Describe the methodology used with 6σ (aka Six Sigma).
6. Demonstrate the use of the 6σ (aka Six Sigma) methodology in a case study.
7. Recognize, understand, and deal with the resistance that arises in a consulting engagement.

O Diagnosing Operational Performance

1. Describe key personal leadership concepts.
2. Teach key personal leadership concepts to a fictitious coaching client.
3. Identify and deploy solutions to strengthen the weaknesses in leaders.
4. Describe the temptations of CEO’s and the negative impact they have on the organization.
5. Recognize team dysfunctions and how they impact the success/failure of a business.
6. Develop and deliver a plan to create better teamwork and a more productive work environment

Sample Solution