Typically, executive consultants are hired by organizations to provide assistance to employees in different areas that they need support with. They are provided with great insight into the inner workings of a company and once they understand the nitty gritty of the work,they formulate and implement solutions to counter issues.
As an executive consultant, you will have to be able to identify issues and form hypothesis, along with preparing business proposals and presentations. Moreover, employers would want you to be able to effectively carry out research and data collection activities, along with conducting thorough analysis of situations and problems. Many executive consultants are also expected to run focus groups and facilitate workshops.
Skills & Qualifications
Working as an executive consultant will require you to possess a degree in business or economics depending on the type of organization that you want to work for. In addition to this, an executive consultant must possess great planning and project management skills if he or she wants to work at this position. Deep analytic abilities and the capability to work collaboratively with team members without treading on their territories are also requirements to work as an executive consultant.
To see what an executive consultant does on any typical work day, have a look at the following list of duties:
• Direct a team of consultants, project managers and administrative staff members to lead large projects and oversee multiple projects at the same time
• Develop proposals to outline project structures, approaches and work plans and ensure that research plans are properly designed for data gathering and analysis
• Interpret analysis and develop core action plans in accordance to the results of the analysis
• Provide accurate direction to content experts and leadership to and expert consultation on the design, development and implementation of programs and modules
• Handle performance management, strategic planning and communications avenues for assigned programs
• Apply process improvement methods and tools to improve or redesign business processes to ensure positive outcomes
• Serve as a thought partner in strategy development work and coordinate with key stakeholders to provide management with information to make sound and timely decisions
• Ascertain that complex information is communicated to department heads in a clear and compelling format
• Develop and execute communication plans related to strategy and performance metrics
• Assist in tracking strategic initiatives by monitoring progress towards achieving goals and business benchmarks
• Lead complex projects and program modules through planning and implementation phases and provide project management leadership to ensure successful execution