Even if you aren’t planning to join a consulting firm, these consulting books have enough wisdom and ideas that you can use as a business manager in your own company.
Business Doctors: Management Consulting Gone Wild (for those who haven’t read it yet) is an unusual book – in the sense that it is hardcore fiction, but with strong influences from the management consulting world.
[The protagonist is an Ivy League educated management consultant who gets hired by the mafia to makeover their businesses in gambling, drugs and porn.]
Though it won’t help you get into any consulting firm, it’s a fun, entertaining introduction to the consulting world.
For this list (it’s not a ranking), we are sticking to non-fiction.
Here’s the list of the best management consulting books available in the market. You can pick up if you are interested in becoming a management consultant.
|The McKinsey Way||Ethan Rasiel|
|The Boston Consulting Group on Strategy||Carl W. Stern & Michael S. Deimler|
|Case In Point: Complete Case Interview Preparation||Marc Cosentino|
|Blue Ocean Strategy||W.C. Kim & R. Mauborgne|
|Competitive Strategy||Michael Porter|
|Managing The Professional Service Firm||David H. Maister|
Read on to know more about each.
If you have ever wondered how the consultants working in the most influential consulting firm in the world, this is a good book to pick up.
The author, Rasiel, a former consultant with McKinsey delves into every stage of the consulting process that starts from building the right team to making the final recommendations.
The same author has also published The McKinsey Mind. Read more on Amazon.
This book, just like The McKinsey Way, looks at the consulting world through its proprietary consulting processes.
However, the author claims that the insights are relevant for any industry and you don’t have to be a consultant to get practical and tangible benefits from the tools, techniques and ideas that the top consulting use for their clients. Read more on Amazon
Wall Street Journal calls this the MBA Bible. It’s the book that most MBA students refer to when they want to prepare for case interviews that they’ll encounter when they are going through the nerve-wracking consulting recruitment process at the top consulting firms.
The author uses humor to ensure that the book come across as being too dry. Read more on Amazon
Traditional strategies for market dominance revolved around cost advantage and product differentiation. Blue Ocean Strategy introduced another perspective to it.
Instead of fighting the competition in bloody red waters, the book suggests exploring new, untapped markets (blue oceans) where the innovative company sets the rules of the game.
The simple yet powerful idea is supported by numerous examples in the book. Read more on Amazon
Heard of Porter’s 5-Force Analysis? The legendary mother-of-all-strategy-frameworks was made popular by this book. Consulting firms as well as the clients they serve have used concepts and adapted them for their own use.
If you are an MBA student, this would be part of the mandatory reading material listed by the business school. Read more on Amazon
From the title, it might seem that this book is aimed at Partners of consulting firms, but it’s not. It’s got enough relevant insights that are relevant to anyone who’s associated with consulting firms right from associates to clients to partners.
While many other consulting books focus on cracking cases and getting into the best consulting firms, this one provides top level perspectives too – right from the various parameters used to measure success of a consulting firm (are billable hours better or partner profit?). Read more on Amazon
There you have it, our little list of the best consulting books. Over to you now. Have you read any other popular management consulting books that we haven’t listed here?
Also, out of curiosity, are you aware of any other consulting books in the fiction genre (as opposed to non-fiction that we’ve covered here)?