Are you looking for a career that will accelerate your professional development and help you find what makes your heart sing? If so, then management consulting may be the right choice for you. Management consulting is a global market that helps companies in various industries solve problems by applying management theory and business experience. It began to develop shortly after the emergence of management as a single business field in the late 19th century, along with the Industrial Revolution. In this article, we'll explore why management consulting is a great career choice and how it has evolved over time.The first management consultant was Arthur D., a professor at MIT in the late 1890s.
His firm originally specialized in technical research, but later became a general management consultant. Edwin G. Booz, a graduate of Northwestern University's Kellogg School of Management, founded Booz Allen Hamilton as a management consultant in 1914.This was the first firm to serve industry and government clients.Management consulting offers a wide variety of intelligent and motivated co-workers. As a consultant, you can schedule your vacation to take place between commitments and you can completely disconnect from your work for 2 to 4 weeks.
Comparatively, when I worked in the industry, I never had a vacation. You'll also find yourself in interesting situations - like driving to an important meeting on a highway in a storm around 6:30 in the morning when you can't see anything!The consulting industry has grown significantly since the late 1990s, driven by a wide range of factors such as a strong global economy, increasing computing power, penetration of emerging markets, privatization, globalization, and the new IT consulting practice. The United States has by far the most significant number of consultants and consulting organizations. Even the IMF recently recommended that developing economies reduce the use of front-line consultancies.Technology consultants offer services that help companies adopt new technologies, digitize their processes and modernize their legacy systems.
Teams of two to five consultants carry out many consulting projects that do not require a global presence or presence. Clients have the right to expect that all management consultants, whatever their specialty, are sensitive to human relationships and processes and are trained to improve the organization's ability to solve future and present problems.The same phenomena are now beginning to reshape the consulting industry itself, which until recently has proven to be immune to disruption due in large part to the measured agility of major consulting firms and their lack of dependence on fixed capital and resources.Overall, I would recommend management consulting as I think it's a great platform to start a career. In the worst case scenario, you can stay 1 to 2 years and learn a lot. At best, you'll find a career that's much better than most of the other alternatives available.