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“ Are You Cut Out For Consulting?”  Paul N. Jacobs, PMP May 19 th , 2009 Presentation to the Chattanooga PMI Chapter May Monthly Meeting
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why Use a Consultant?  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Making the move from fulltime project manager to professional consultant can be a great gig in a tough economy, but it’s not right for everyone.
Professional Competencies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Do You Know Your Competencies? Business Current Trends Competitive Market Industry Knowledge Technology Systems Process Tools Fundamentals Communications Presentation Skills Work Ethic   Client Delivery Success Professional Competencies ,[object Object],[object Object]
Fundamental and Content Skills Skill Progression ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],1 2 3 4 5 6 Fundamental skills Content skills Do You Have these Skill Types?
Fundamental and Content Skills Strategic Sourcing Pricing and Proposal Preparation Vendor Management Intellectual Capital Development Customer Experience/Analysis and Proposition Development IT Financial Analysis Program / Project Management Market Sizing and Segmentation Analysis Technology Implementation Management Relationship & Business Development Industry, Competition, Comparative Analysis, Value Chain & Trend Analysis Strategic Enterprise Architecture Client / Engagement Mgmt Quantitative/Statistical Analysis Management of IT Operations Analysis & Problem Solving Financial Statement Analysis Management of IT Written Communication Financial Modeling Infrastructure Architecture Oral Communication Operations Analysis and Business Design Application Architecture Teamwork / Leadership Business Plan Technology Content Fundamental Business Content
Lifestyle and Commitments ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sources of Consulting Pressures ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Intensity of Competition ,[object Object],[object Object],[object Object],Threats to Engagement ,[object Object],[object Object],[object Object],[object Object],[object Object],Consultant’s Bargaining Power ,[object Object],[object Object],[object Object],[object Object],[object Object],Client’s Bargaining Power ,[object Object],[object Object],[object Object],[object Object],[object Object],Threat of Entry Decide how many opportunities to evaluate ,[object Object],Perform the analysis across potential engagements Develop conclusions from the analysis ,[object Object],[object Object],Perform An Internal Analysis A B C 1 2 3 4 5
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New and Different Types of Work Implement Latest Technology High ,[object Object],[object Object],Medium to High Work with Industry Leader Medium ,[object Object],[object Object],Leverage Your Skill Sets Medium ,[object Object],[object Object],Exciting Project Opportunity High ,[object Object],[object Object],Have More Responsibility Medium ,[object Object],[object Object],Attractiveness Questions to Ask Yourself ,[object Object],[object Object],[object Object],[object Object],[object Object],Implications ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Opportunity for Travel ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Opportunity to Learn New Technology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
No Internal Corporate Political Battles ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Consultant Qualities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Stamina and Energy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Expectations for Performance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Longevity and Insecurity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Market Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Consulting Arrangements ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Pre-Sales or Post-Sales Roles Project Management  – You would rather focus on delivery. Client Interaction  – You focus on client needs on-site and ensuring project success. Technology  – You understand both the business and technology needs and have a technical background. Solution  – Develop a solution and set direction for others to meet the high-level requirements. People  – You would rather lead others and demonstrate your skills in project lifecycle/ methodology. Sales  – You would rather be in front of the client and you have developed superior ‘soft-skills’. Contracts  – You can prepare a sales proposal that meets contract requirements and sell it. Presentations  – You can stand in front of executives and perform. Closing Ability  – You are highly self-motivated and can adeptly ‘close’ a sale. Motivation  – You have a ‘hunter’ mentality and can generate leads in casual conversations. Post-Sales: Pre-Sales:
Post-Sales Capabilities Analysis How the system will work from the perspective of the user and external systems Design How the internals of the system will work ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Test Definition Concept Detailed Design
What Makes a Successful Engagement? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Career Decisions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Consultants can be very expensive, although their expertise can prove invaluable.
Risks and Rewards Rewards ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Risks ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Questions?

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Are You Cut Out For Consulting

  • 1. “ Are You Cut Out For Consulting?” Paul N. Jacobs, PMP May 19 th , 2009 Presentation to the Chattanooga PMI Chapter May Monthly Meeting
  • 2.
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  • 6. Fundamental and Content Skills Strategic Sourcing Pricing and Proposal Preparation Vendor Management Intellectual Capital Development Customer Experience/Analysis and Proposition Development IT Financial Analysis Program / Project Management Market Sizing and Segmentation Analysis Technology Implementation Management Relationship & Business Development Industry, Competition, Comparative Analysis, Value Chain & Trend Analysis Strategic Enterprise Architecture Client / Engagement Mgmt Quantitative/Statistical Analysis Management of IT Operations Analysis & Problem Solving Financial Statement Analysis Management of IT Written Communication Financial Modeling Infrastructure Architecture Oral Communication Operations Analysis and Business Design Application Architecture Teamwork / Leadership Business Plan Technology Content Fundamental Business Content
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  • 21. Pre-Sales or Post-Sales Roles Project Management – You would rather focus on delivery. Client Interaction – You focus on client needs on-site and ensuring project success. Technology – You understand both the business and technology needs and have a technical background. Solution – Develop a solution and set direction for others to meet the high-level requirements. People – You would rather lead others and demonstrate your skills in project lifecycle/ methodology. Sales – You would rather be in front of the client and you have developed superior ‘soft-skills’. Contracts – You can prepare a sales proposal that meets contract requirements and sell it. Presentations – You can stand in front of executives and perform. Closing Ability – You are highly self-motivated and can adeptly ‘close’ a sale. Motivation – You have a ‘hunter’ mentality and can generate leads in casual conversations. Post-Sales: Pre-Sales:
  • 22.
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  • 25.