Beacon Fellows Report Progess on Consulting Core Competencies

NEWS RELEASE

FOR IMMEDIATE RELEASE

September 20, 2019

Contact: Brian Whalen, Chief Academic Officer

717-439-6983 | Brian.w@beaconfellows.org

”Students completing Beacon Fellowship abroad report progress on the International Council of Management Consulting Institutes Core Competencies”

ARLINGTON, Virginia —

Students who completed a Beacon Fellowship abroad in Summer, 2019 report advancing significantly in the development of the knowledge, skills and behaviors required of successful management consultants. That is according to data from a study that assessed how students progressed on the Management Consulting Competency Framework, published by the International Council of Management Consulting Institutes (IMC).

100 Beacon Fellows completed an evaluation in which they rated their progress on a range of Core Competencies strongly associated with the Beacon Fellows experience abroad. These competencies included client business insight, consulting business insight, assignment management, consulting knowledge, analytical skills, personal interaction (emotional intelligence). and ethics and professionalism. Overall, 92% of students either “strongly agreed (71%)” or “agreed (22%)” that they had progressed on these Core Competencies. The overall average rating was 4.63 on a 5-point scale (1 = strongly disagree; 2 = disagree; 3 = neutral; 4 = agree; 5 = strongly agree).

Significant progress was reported in essential IMC Core Competencies:

95% strongly agree or agree that they have a greater ability to take and maintain responsibility for their work and the impact it has on others.
94% strongly agree or agree that they have greater insight into and a greater understanding of the management consultancy environment and its commercial aspects.
94% strongly agree or agree that they have a greater ability to manage client assignments effectively by delivering timely solutions while balancing priorities and managing time effectively.
94% strongly agree or agree that have a greater ability to capture, share, and apply knowledge in a structured way relevant to client engagement needs.

94% strongly agree or agree that they have a greater understanding of how to work, interact, and communicate effectively as part of a consultancy team.
92% strongly agree or agree that they have a greater ability to handle the complexity of the consultancy environment.
91% strongly agree or agree that they have a greater understanding of the internal and external business factors that impact consulting clients.
90% strongly agree or agree that they have a greater understanding of how to work with professionalism and integrity in the best interests of the client.
89% strongly agree or agree that they have a greater ability to apply analytical and proactive thinking to ensure robust and appropriate client solutions.

According to Beacon Chief Academic Officer Brian Whalen, “This data shows the significant educational value of the Beacon Fellowship and how it is helping to educate the next generation of management consultants.”

Beacon Fellows work in consulting teams that focus on finding answers to clients’ real business challenges and problems. Each team is led by a seasoned professional consultant who serves as Project Lead to guide the team’s work, which produces a client solution that actually gets implemented. Beacon Fellowship programs are offered in London, Madrid, and Washington, D.C. in both summer and winter sessions.

To view the complete results of the assessment study, follow this link.

Guest UserSeptember 20, 2019