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MBAs MBAs as as
ManagemManagementent
ConsultanConsultantsts R.S.Murali
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Who is a MBA?Who is a MBA?
A Generalist?A Specialist?A very Special Generalist..
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What does MBA give a What does MBA give a student?student?
• Knowledge of Concepts
• Understanding the tools of analysis
• Exposure to business situations
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What is Management What is Management Consulting?Consulting?
The service provided to business, public The service provided to business, public
and other undertakings by an and other undertakings by an
independent and qualified person or independent and qualified person or
persons in persons in identifyingidentifying and and investigatinginvestigating
problems concerned with problems concerned with policy, policy,
organization, procedures and methodsorganization, procedures and methods, ,
recommendingrecommending appropriate action and appropriate action and
helping to implementhelping to implement those those
recommendationsrecommendations
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The Three WantsThe Three Wants
• To learn
• To conceptualize
• To convert
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The Three RolesThe Three Roles
• Specialist
• Analyst
• Mentor
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The Three AspectsThe Three Aspects
• Consulting
• Training
• Research
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The Three ToolsThe Three Tools
• Analysis
• Documentation
• Transfer
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The Three Elements
People
Process
Technology
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The Three QualitiesThe Three Qualities
• Knowledge
• Practicality (workability)
• Service Delivery
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The Three Abilities The Three Abilities
• Conceptual: T: Everything of something and something of everything
• Analytical: Good quantitative / verbal abilities (arthasashtra)
• Emotional: Ability to wait (Second innings will be good)
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The Three Values
• Honesty
• Sincerity
• Simplicity
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Where are you…?Where are you…?
Map yourselves and Check your fitness to become a MC..
Are you ready??
If you are ready please note the three…..
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Making Money is not Making Money is not easy…easy…
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The life is really tough…The life is really tough…
“And don’t worry about the staff. I’ve explained to themyour purpose here is to help us grow”
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Quality is the watchword…Quality is the watchword…
“It’s worse than we thought – the Institute of ManagementConsulting is going to do a random testing for competence”
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Are you Are you ready….?ready….?