Management Consulting Prep

Business Intuition for Case Interview Consulting Content Terminology

       This comprehensive 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

Below are only a few examples of consulting terminologies featured in this dictionary. Scroll down to the end of this post for the full list.

 

 TermDefinitionExample of typical consulting writing
 Ad hocNon-structureLet’s turn this ad hoc process into a structured and efficient one.
 DeliverablesEnd products of consulting projectsOur deliverables for this workstream include the master strategy and detailed implementation plan for the cement segment in the next 10 years.
 End-to-endComprehensive; completeThe supervisors should manage and construct projects in an end-to-end manner.
 FootprintSignificant 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.
 FunctionE.g: HR, Finance,
Operation,
Strategy, etc.
IT systems are vulnerable while HR and Finance
functions also show gaps.
 In lineAbout the sameThis steel plant performance is in line with
market average but room for improvement exists.
 InitiativesActionsABC could pursue performance improvement
initiatives to further strengthen hydro power
generation’s contribution to the Holding.
 LeverageTaking
advantage of
Apple should leverage its strong brand name.
 LeversWays to improve
things
There are three levers to boost sales conversion
rate at branches.
 Market perspectiveMarket understandingThe first phase in our project is to get a big-picture of market perspective.
 MilestonesMini goalsThe company passed the £6 million milestone
this year.
 RestructuringSignificantly and
massively changing
something
The board guided three-year Human Capital
Transformation Plan including restructuring
divisions and alignment to business strategy.
 Root causeBottleneck that
causes the problem
The root cause of the problem lies in the poor
construction of the bridge.
 StrategyWhere 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.
 TurnaroundBringing something from the slums to the surfaceABC cement is facing serious financial challenges and the chance for a turnaround is small.
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