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

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Below are only a few examples of Consulting Content Terminology featured in this dictionary.

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.
Comprehensive; complete
The supervisors should manage and construct projects in an end-to-end manner.
Footprint
Significant and powerful presence in something
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, Operation, Strategy, etc.
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.
Leverage
Taking advantage of
Apple should leverage its strong brand name.
Levers
Ways to improve things
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 this year.
Restructuring
Significantly and massively changing something
The board guided three-year Human Capital Transformation Plan including restructuring divisions and alignment to business strategy.
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 to play
The client should develop a holistic urban development strategy to become the developer-of-choice for large-scale urban development projects.
Turnaround
Bringing something from the slums to the surface
ABC cement is facing serious financial challenges and the chance for a turnaround is small.
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