Today’s class was guest lecture from a big consulting firm. There were two guests; one was a manager, and the other was a senior associate. The manager shows us how to make strategy; that is how they are working as consultant. The senior associate told his experience in first a few years in his firm.
The lecture was meaningful for us because we saw how theories are applied real business situation. The manager showed us some business packages of strategy making such as 4 month plan, 4 weeks project, 2 days workshop. Each packages consisted of 4 steps: strategic foundation, choices, mobilization, and delivery. Theories have changed tools and support analysis to make date clear and reasonable. On the other hand, the packages spent a lot of time working together through discussions and workshops. I think it is because process to carry out strategies is more important than strategy itself. They are only facilitators to give useful date and tool authorized by theories, not strategy makers.
Through the lecture, I got to know two things. First was “theory is only tool, not answer”. In the business process presented in lecture, area where theories applied was so small. Theories are only tools to make hypothesis, to see presence, to limit view, to support answer. Second was difference of value between governments and consulting firms. Governments works because of their authorities. Therefore, people working in governments do not need to develop some skills to get money. On the contrary, consulting firms works their individual skills because there are a lot of competitors in firms and outside firms. Because of that, they have to develop their skills and it promotes study of business and production of skills and frameworks in the business world.
URL:http://www.bain.com/bainweb/publications/publications_detail.asp?id=15302&menu_url=publications_results.asp
No comments:
Post a Comment