As any Consultant will tell you, there is no such thing as a typical day in Consulting. The same is also true of Strategy Consulting - where no two projects happen in quite the same way. However, there are some common themes and activities that recur across all projects regardless of client, industry, team size and project duration. Here, we share a view of a typical day in Strategy Consulting....
Arrive into the office and check in on any emails that have come in since the previous evening. Consulting can be something of a 24/7 career path and so you can often expect a Manager or Partner to have reviewed something late in the evening with comments waiting for you first thing. I take a look at the meetings in my diary for later that day to make sure I am ready for the day ahead.
I grab a coffee and head into a team meeting with the rest of the team - a Partner, Senior Manager and two Associates. The Partner and Senior Manager met with the client yesterday and so they are providing feedback on our work so far. Everyone in the team provides an update on their 'workstream' - the part of the project and report they are responsible for. We have a client call later today and so divide the immediate actions from yesterday's meeting, between the team.
I'm looking after the market and competitor sections of our report and so I continue with research for the rest of the morning. I have drafted an overarching narrative around the market which I am trying to validate with some detailed market analysis. Some of this is desk based, looking through market and industry reports and analysis conducted by third parties. I have a call scheduled with a market expert and I use the call to test some of my assumptions about how the market operates and who the major players are. I update my analysis around the market growth forecasts in excel based on some latest findings and translate the figures into a couple of charts in powerpoint.
I nip out for lunch with a couple of my peers. There is a pasta place just down the road and we head there to grab some food and catch up on our mornings. Two of us are working on a non-chargeable project together - developing some materials for a key client account meeting and so we share an update on that before strolling back to the office.
The team regroups ahead of our client call to agree the key messages before we discuss with the client.
The team sits in our Partner's office for a client call. The Partner leads the call but each of us pipe up when questions are asked relating to our sections of the report. We provide an update on our latest findings and discuss two or three points of contention. We agree the next steps in order to revise the report in time for a major meeting at the end of the week.
I continue my research and analysis - following up on a couple of points that need further testing based on the call with the client. I organise a follow up call with the market expert to test a new hypothesis.
I wrap up for the day and head home, keeping an eye on my blackberry over the evening in case the client gets in touch with any immediate queries. Otherwise it's a good night's sleep before doing it all again tomorrow.