We are interested to understand just how intense the current workload of Management Consultants really are. So we created a survey via Linked in and got the feedback of many consultants, 564 to be exact, on how many hours of work they put in as strategy consultants and transformation consultants in the industry. How many hours a week does a Management Consultant work?
The current workload of a management consultant is an interesting topic to explore. We are interested in understanding just how intense the current workload really is and what challenges you face on a day-to-day, week-to-week, or even month-to-month basis. In this blog post we will discuss the number of hours faced by management consultants and provide some tips for overcoming these obstacles!
We are hearing that the consulting firms are sold out and losing consultants to industry roles meaning those left in consulting are working longer hours to pick up the slack.
Also with consultants working from home, there tends to be no switch off time which, we are hearing, is leading to consultants working longer hours than ever before.
But what does that mean in reality?
What long hours mean to one person may be a walk in the park for another.
How many hours a week of work have you averaged over the last 12 months?
The data above says a lot. So we put together some of the common obstacles of management consultants and their advice on overcoming them.
The first obstacle is staying focused in a constantly changing environment. Managers need to stay focused while they work by creating daily schedules for themselves that include time to complete tasks at hand. By reducing distractions, managers can concentrate better on the job at hand.
Another challenge consultants often struggle with is managing people effectively – especially if you’re new in the field or have never managed people before, this might be challenging because it’s different from being an individual contributor where your co-workers do what you ask of them without questioning every step of the way.
One tip that experts have suggested is not micromanaging employees but instead communicating expectations clearly so team members understand the end goal and how they can get there themselves. If a manager is constantly second guessing an individual’s work, it may make the team member feel like their manager doesn’t have faith in them which could decrease motivation or even lead to higher turnover rates. When people are motivated at work, productivity increases which benefits not only the employee but also the organization as a whole because tasks will be completed faster therefore increasing efficiency.
We have more tips here from our different blog posts that pertains to how it is to work as a Management Consultant.
WHAT HAVE BEEN THE TOP BOOK RECOMMENDATIONS FROM THE GUESTS I HAVE HAD ON MY STRATEGY BITES PODCAST TO DATE?
We are back in lockdown in Sydney and it looks like it could carry on for a while. I thought you may have some spare time to get in some extra reading. Ensure this time is productive and enjoyable. But whether you are in lockdown or not, who doesn’t benefit from expanding one’s knowledge? My guests have tended to come from Management Consulting or the world of Strategy and have succeeded in their chosen paths.
Managers are always looking for ways to improve their management skills. Instead of taking a course, why not read the best books on management? These books have been recommended by top consultants around the world. Find out which ones you should be reading!
🎆Toby Norton-Smith-Smith-MD of X15 Ventures
📕Valuation: Measuring and Managing the Value of Companies by Tim Koller, Marc Goedhart, David Wessels
🎆Deanne Stewart -CEO of Aware Super
📕The Five Dysfunctions of a Team by Patrick Lencioni &
📕The Ideal Team Player: How to Recognize and Cultivate The Three Essential Virtues by Patrick Lencioni
🎆Jean Hayden – Strategy & Operations Director Google Cloud
📕True North: A Memoir by Jill Ker Conway &
📕Master of the Senate: The Years of Lyndon Johnson by Robert Caro
🎆James Twiss – CEO – Beforepay
📕War & Peace Novel by Leo Tolstoy
🎆Diane Smith-Gander AO – ED & NED and Former McKinsey Partner
📕Mentally at Work: Optimising health and business performance through connection by Genevieve Hawkins &
📕Strategy Beyond the Hockey Stick: People, Probabilities, and Big Moves to Beat the Odds by Chris Bradley, Martin Hirt, and Sven Smit &
📕Not Always Diplomatic: An Australian Woman’s Journey Through international affairs by Sue Boyd
🎆Rob Marcolina Group Executive at Qantas
📕 The Ride of a Lifetime by Robert Iger
🎆 Joao Segorbe EGM Strategy & Corporate Development at AGL Australia
📕 The Signal and the Noise By Nate Silver
🎆 John Lydon Senior Partner at McKinsey & Company
📕 Humble Consulting: How to Provide Real Help Faster by Edgar Schein
🎆 Anthony Millet Global Partner at Antler
📕 The Hard Thing About Hard Things by Ben Horowitz
🎆 Felix S. Danziger at HDPartners
📕 Dare to Lead: Brave Work. Tough Conversations by Brené Brown
🎆 Victor Cheng CEO & Coach at Caseinterview.com
📕 The Obstacle Is the Way Book by Ryan Holiday
🎆 Amanda Price Partner in Charge, Ventures KPMG Australia
📕 The Hard Thing About Hard Things by Ben Horowitz
🎆 Tim Moore Director at Dorado Capital
📕 Wealth, War and Wisdom by Barton Biggs Find a perfect read for whilst in lockdown.
🎆 Lili Sussman Chief Strategy Officer at Wisr
📕 The Power of Vulnerability by Brené Brown
🎆 Liana Downey Chief Executive Officer at Common Ground
🎙️ The Placebo Effect – Ted Talk
🎆 Leah Weckert Chief Executive Commercial and Coles Express at Coles
🎙️ The Power of Vulnerability / The Call to Courage by Brené Brown
🎆 Tennealle O’ Shannessy Chief Executive Officer at Adore Beauty
📕 Thinking, fast, and slow by Daniel Kahneman
🎆 Paul Mullins Board Member at Investigo
📽️ Enron: The Smartest Guys in the Room
🎆 Ilan Israelstam Board Member at Betashares
📕 Anna Karenina by Leo Tolstoy, Good to Great by Jim Collins
🎆 Stephanie Knight Chief Learning Officer at Management Consulted
📕📽️ Works of Brené Brown
🎆 Adam Jacobs Co-Founder at Hatch
📕 The Consolations of Philosophy by Alian de Botton
To listen to the full episodes of the Strategy Bites podcast click the link here in the comments or search “strategy bites” in your favorite podcast app.