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Business Intuition for Case Interview Consulting Content Terminology
This comprehensive Consulting Content Terminology dictionary is useful to:
- Aspiring consultants looking to implicitly show their “consulting-like” background on resumes or in case interviews.
- First-year consultants looking to immediately improve “professionalism” and improve consulting writing style on reports, emails, etc.
- First-year consultants to understand and get involved in content discussions right on the first day
|Term||Definition||Example of typical consulting writing|
|Ad hoc||Non-structure||Let’s turn this ad hoc process into a structured and efficient one.|
|Deliverables||End products of consulting projects||Our deliverables for this workstream include the master strategy and detailed implementation plan for the cement segment in the next 10 years.|
|End-to-end||Comprehensive; complete||The supervisors should manage and construct projects in an end-to-end manner.|
|The firm has expanded its footprint in the real|
estate and social infrastructure construction in
synergy with the urban development business.
|Function||E.g: HR, Finance,|
|IT systems are vulnerable while HR and Finance|
functions also show gaps.
|In line||About the same||This steel plant performance is in line with|
market average but room for improvement exists.
|Initiatives||Actions||ABC could pursue performance improvement|
initiatives to further strengthen hydro power
generation’s contribution to the Holding.
|Apple should leverage its strong brand name.|
|Levers||Ways to improve|
|There are three levers to boost sales conversion|
rate at branches.
|Market perspective||Market understanding||The first phase in our project is to get a big-picture of market perspective.|
|Milestones||Mini goals||The company passed the £6 million milestone|
|The board guided three-year Human Capital|
Transformation Plan including restructuring
divisions and alignment to business strategy.
|Root cause||Bottleneck that|
causes the problem
|The root cause of the problem lies in the poor|
construction of the bridge.
|Strategy||Where to play;|
What to play; How
|The client should develop a holistic urban|
development strategy to become the developer-of-choice for large-scale urban development
|Turnaround||Bringing something from the slums to the surface||ABC cement is facing serious financial challenges and the chance for a turnaround is small.|