APS1049 Management Consulting for Engineers-Working with Tier 1 MC Firms

APS1049 Management Consulting for Engineers – Working with Tier 1 MC Global Firms

Management Consulting will continue to be a significant career option for many graduate students, regardless of whether a student’s academic foundation is in business, engineering, or the basic sciences. Careers in Management Consulting often provide individuals an opportunity for challenging work, continued self-development, access to important social and professional networks, and, over time, significant financial rewards. This course is designed to enable graduate engineers explore, and prepare for a career in management consulting. The course is taught by Fellow Certified Management Consultant (FCMC), licensed professional engineer, and as an entrepreneur built and sustained a management consulting business over a period of 25 years. The Global Management Consulting Industry has grown in size and complexity particularly since the early 1990’s. Although there are many small niche firms, the industry is dominated by a relatively few very large global organizations that practice in a variety of business settings and business disciplines. In addition many businesses have developed internal consulting organizations to provide consulting related services within the organization and often in conjunction with external consulting services offered by third party firms. In this course we explore what it means to be a Management Consultant, and will introduce students to consulting frameworks and methods; simulate consulting project activities and situations using business cases; and network students with practicing consulting professionals from a variety of global and local firms. Within the context of this course, consulting is viewed broadly and is inclusive of a number of practice areas including Strategy , IT and Systems Integration, Marketing, Human Resource Management, Operational / Process / Supply Chain, Organizational Development, and the very specialized area of Engineering and Product Development Management. Consulting also cuts across a wide variety of industry sectors from public sector (government, health care, infrastructure, defense etc), to private sector (manufacturing, oil gas, natural resources), Course participants will be organized into teams and will have the opportunity to identify and complete a project on the practice of management consulting that is aligned to the emerging needs of the profession (collaborating with external partner firms). In addition students will wear an entrepreneurial hat, and will be required to develop an individual blue print, and business plan of their future management consulting business which might be in an emerging field of consulting such as life sciences, data analytics, cyber security, crowdsourcing and digital strategy.  Here are past student team research projects:

Spring 2018 – (4 weeks intense)- Management Consulting for Engineers-Working with Tier 1 MC Firms (Price Waterhouse Coopers and Deloitte)

• 1. PWC 1 – Leading Forecasting techniques used in   business development – targeting opportunities, forecasting sales and revenue and managing growth of a management consulting business using science
  2. PWC 2- Forecast of demand for management consulting services within specific industries – identifying the areas of growth, plateau, shrinkage – and how consulting firms should position to stay relevant
  3. PWC 3 – Driving the right performance in a Tier 1 management Consulting Firm
  4. Deloitte 1– Blueprint for a good management consultant – i.e. What does it take to be successful as a consultant, and how do you develop and implement a talent development program while maintaining full utilization.
  5. Deloitte 2 – Strategies to win work over time and keep a sustained “hot-pipeline” i.e. where do you invest your time/energy, understanding that energy must be spent on delivering, building relationships, and sales
  6. Deloitte 3 – Customers are in the driving seat of digital transformation – how should MC companies respond.

Winter 2019 – (Full Semester) – Management Consulting for Engineers-Working with Tier 1 MC Firms (Price Waterhouse Coopers, Deloitte, and Boutique Firm)

• 1. PWC 1 –Implications of Emerging Technologies to the Consulting Industry
     – Understand the implications of emerging technologies on the management consulting industry
  2.  PWC 2- Start Ups are the Giants of Tomorrow – Road Map for Success for Management Consulting Firms 
     – How to Connect existing Services to Startups and also identify new services
  3. PWC 3 –Climate Change and Management Consulting  –Regardless of whether the causes of climate change are natural or man-made, the real and perceived impacts from climate change are felt across the economy by all industries. As such, G7 Consulting was tasked with enhancing PwC’s current offerings to enable its Canadian clients to gain competitive advantage in an economy impacted by ongoing climate change
  4. Deloitte 1–Rethinking the Partnership Structure for the 21st Century  – Analyze the various organizational structures and their applicability to a Management Consulting Firm.
  5. Deloitte 2 – Artificial Intelligence (AI) in Management Consulting  – Focus on targeting Automotive and Transport and Logistics industries by providing Data Consulting and AI Aware Organizational Transformation as new services. The next steps require hiring AI experts and creating teams that can support these services
  6. Leadership Intelligence Inc & Strategic Retreats – Determine and develop best practical business model of an a networked virtual management consulting firm    -Make recommendations on four aspects: 1) Business development 2) Technologies 3) Financial models 4) Characteristics of the community

• Spring 2019 (4 weeks  Intense)
  1. CAMC – The Role of MC in 21st Century
  2. Aquitaine Innovation Advisors-Applications of AI for management consultants and their Clients
  3. Leadership Intelligence -The Virtual Management Consulting Firm
  4. CAMC – Implications of the 4th Industrial Revolution (4IR) on Management Consulting

• Fall 2019 (Full Semester)
  1. PWC – Executive Summary – Diversity in Workplace
  2. PWC – Strategic Growth Using a Hybrid Business Model
  3. Deloitte – AIRS Technology Foresighting
  4. Deloitte – Growth in Exponential Technologies and their Impact on Talent Portfolio of Management Consulting Firms
  5. CAMC – Assessing the disruption brought about by AI on the Management Consulting profession

• Spring / Summer  2020 (Full Semester)
  1. PWC  –Virtual remote collaboration tools adoption in times of crises  
  2. PWC –Competitive Strategy for PWC after COVID-19 Pandemic
  3. PWC – COVID-19 IMPLICATIONS FOR CANADA What sectors/ industries will experience a boom and decline after COVID-19 pandemic is on a decline?
  4. Strategic Retreats Inc – Strategies for developing a footprint in Muskoka 

• Fall 2020 – 100% Online (Full Semester)
  1. PWC – Real Estate, GTA & COVID-19: An In-depth Analysis
  2. PWC –Reimagining the Mid to Luxury Automotive Manufacturer: Lexus’ Roadmap to tackle emerging technologies & effects of COVID19
  3. CAMC / ICMCI: Strategies to Enhance the Affiliation of Management Consultants with their Professional Institutes
  4. Ceridian: A study on the value & market drivers in the outsourced Human Capital Management (HCM) sector amidst the CV-19 induced global shift

• Spring / Summer 2024 – 100% 10 Day INCLASS