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What is International Business Consultancy

International business is part of everyday life, no matter where you live. The products you use, the foods you eat and the clothes you wear are part of a vast global marketplace. Business is becoming even more international in scope, as organizations seek new markets for their products and services.

At the same time, the business environment is getting more competitive and complex. As a result, there may be growing demand for professionals with international business management expertise. Becoming an international management consultant offers the opportunity to combine business, travel and immersion with other cultures into one exciting career.

This career guide discusses the various aspects of the profession of international management consultant, including typical job duties, education and training requirements and potential salary ranges.

Job opportunities for management consultants, also known as management analysts, should expand faster than the average growth rate for all occupations in the coming years, according to the U.S. Bureau of Labor Statistics (BLS). Federal projections call for employment in this category to increase by 19% between 2012 and 2022, partly driven by the expansion of U.S.-based firms into international markets.

Candidates who have a graduate degree and foreign language fluency should have better employment opportunities, the BLS reports.

What is an International Management Consultant?

International management consultants help firms find or sustain success in overseas markets by analyzing the organization’s operations and proposing improvements. They focus on achieving objectives that contribute to growth and profits in a highly competitive environment. International management consultants may specialize in areas such as production, sales, distribution, purchasing, human resources or supply chain.

Why International Management Consultants Matter

Firms seeking new markets abroad often need help in setting their strategies, navigating through new legal situations or interfacing with overseas partners. They depend on the expertise of international management consultants to help them take advantage of promising opportunities and achieve their business objectives.

Skilled international management consultants are valued for helping organizations become more efficient by reducing expenses, cutting waste, and developing successful sales and marketing strategies.

International management consultants may work alone or on teams. Their duties vary according to the employer and industry, but, in general, these professionals analyze a company’s operations and plans, determine feasibility and identify potential problem areas. They may be responsible for solving a particular problem by analyzing data, making observations and proposing recommendations.

Where Can I Find Jobs as an International Management Consultant?

Employers in a wide variety of industries – selling myriad products and services – depend on the skills and talents of international management consultants. They may be U.S.-based corporations or foreign firms with U.S. subsidiaries. International management consultants may be employed in industries such as petroleum, financial services, education, medical and pharmaceutical manufacturing, software development, electronics, telecommunications, information technology, and manufacturing and distribution.

Educational Qualifications for International Management Consultants

Specific qualifications for international management consultant jobs will vary based on the employer and industry. However, most hiring firms are likely to require a college degree at a minimum.

Some employers may seek candidates with advanced degrees, such as an MBA with a specialization in International Business. Graduates of such programs are expected to be able to.

Recognize and assess competitive advantages for foreign and domestic markets

Develop strategies for global expansion while weighing cultural, economic, legal, political, environmental and technological factors

Evaluate potential risk factors based on economic and statistical data

Some firms and organizations may provide tuition assistance to employees seeking to advance their educational qualifications. Internships may provide students with valuable work experience in an international setting through exchange programs.

Training, Other Qualifications and Advancement

Achieving success as an international management consultant typically takes a combination of business acumen and leadership ability. It also requires a respect and appreciation for the contributions of other cultures to the economy and society at large. These professionals must also be flexible, resourceful and ready to adapt to changing situations.

Knowledge of a specific industry will be helpful when seeking positions and foreign language skills will likely be a requirement of many employers. A career in international business management also calls for knowledge of the global marketplace, and strong functional business skills in finance, accounting, marketing, information systems and trade laws. Employers will typically seek candidates with the following attributes:

Self-motivation and discipline

Strong analytical and decision-making skills

Excellent communication skills, including multiple languages

Critical-thinking and creative problem-solving skills

Experience in working across cultures

International Management Consultant Potential Salary

According to the Bureau of Labor Statistics, the average annual salary for management analysts nationwide was $91,910 as of May 2016. The top 10% of earners had a yearly wage in excess of $149,720.

Because salary ranges can vary depending on the employer’s location and the candidate’s education and experience, prospective students should conduct independent research to gauge their earning potential.

Interested in a Career as an International Management Consultant?

If your career goals include working in business and you have a desire to make your mark on the global marketplace, you could be a great fit for an international management consultant career.

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The Nunes Memo Doesn’t Reveal an Abuse of Power. It Is One

February 2, 2018

Goitein is co-director of the Liberty & National Security Program at the Brennan Center for Justice; she previously served as counsel to U.S. Senator Russell Feingold.

After weeks of buildup, Rep. Devin Nunes (R-CA), chairman of the House Intelligence Committee and fervent supporter of President Trump, has released a divisive memoabout the surveillance of a former adviser to the Trump campaign. After Trump declassified it, Nunes made public a four-page document written by his staff, accusing the Department of Justice and the FBI (a part of the Department of Justice) of illegally spying on the aide in 2016.

According to Rep. Steve King (R-Iowa), the memo reveals official misconduct “worse than Watergate.” King is right about the misconduct, but wrong about whose it is.

Nunes’s allegations have already been extensively reported, and the memo itself offers no surprises. It centers around the so-called “Steele dossier” — a detailed account of contacts between Trump associates and Russian operatives before the 2016 election. The dossier was compiled by Christopher Steele, a former officer for Britain’s intelligence agency, MI6, who also served as a trusted source for the FBI. In this case, though, Steele’s work began as “opposition research” — funded first by an anti-Trump conservative during the primaries, and later by the Clinton campaign and the Democratic National Committee.

According to Nunes’s memo, the Justice Department used this research to support an application for a warrant to conduct surveillance of Trump campaign aide Carter Pagewithout fully informing the court of the funding source or of Steele’s anti-Trump comments. Therein, purportedly, lies the scandal.

As legal experts have pointed out, this allegation, on its own, proves exactly nothing. Informants frequently come with their own agendas and biases. This alone does not bar the government from using the material they provide. Nor is disclosure to the court required as a blanket matter. Context is critical. For example, how could the alleged bias affect the information? Are there reasons to trust the evidence despite its non-neutral source? Most important, does the evidence stand alone, or does it merely supplement other evidence?

House Democrats produced their own counter-memo that supposedly provides some of this context. But both memos contain classified material from Justice Department and FBI documents, and congressional committees cannot legally disclose classified material unless they vote to do so. The intelligence committee’s Republicans, who outnumber the Democrats, decided that Nunes can release classified material about the warrant application — but Democrats cannot.

Playing political games with classified information, sinister as it is, is nothing new. Executive branch officials routinely make selective disclosures in order to put the administration’s spin on news stories or gain support for its policies. Inconvenient facts remain classified. It’s a flagrant abuse of the classification system that happens every day; Congress is just getting in on the act.

Nunes’ skewed disclosure, however, is designed to achieve something far more harmful than media spin. Soon after its release, the White House put out a statement that asserted the memorandum “raises serious concerns about the integrity of decisions made at the highest levels of the Department of Justice and the FBI.” Trump sourceshave said the President is eager to discredit the FBI and Justice Department so he can re-make them to better suit his undemocratic notions of personal loyalty — dumpingRobert Mueller, the special prosecutor heading the FBI’s Russia probe, and Deputy Attorney General Rod Rosenstein, who oversees Mueller’s investigation, in the process.

That would mean the end of the investigation into possible collusion between Russia and the Trump campaign, and perhaps also the end of the investigation into Russian interference with the election. Trump would name a new slate of top brass chosen for their willingness to let him control the Department’s investigations, in stark violation of the norms that for decades have safeguarded the Department from political influence.

This is not a matter of dueling conspiracy theories. Although the FBI has a long historyof abusing surveillance powers, it’s unlikely any such abuse occurred here. The Justice Department obtained the warrant for Page under a law that requires a special court, the “FISA Court,” to review the evidence and find probable cause that the target is an agent of a foreign power. While the secrecy of the process could allow all the players to cut corners, FISA judges were unusually tough on the Justice Department in 2016, rejecting or requiring changes to one in every five warrant applications. They would have given particularly close scrutiny to an application targeting a former presidential campaign aide.

On the flip side, the hypothesis that Trump and his congressional allies hope to exercise political control over the Justice Department is more than likely. Trump has demanded loyalty from Department officials and asked who they voted for. He fired FBI Director James Comey on false pretenses, after Comey ignored his requests to drop an investigation into former Trump advisor Michael Flynn. He ordered Mueller’s firing (although he later backed down). He expressed fury at Attorney General Jeff Sessions for recusing himself from the Russia investigation, and pressured him to resign. And he has expressed bewilderment that he can’t direct the investigations conducted by, in his words, the “Trump Department of Justice.” The White House also surreptitiously enlisted Nunes in a previous attempt to discredit intelligence officials (remember the short-lived “unmasking” scandal?).

In short, there is every indication that the Nunes memo was designed to present a misleading picture that can serve as a pretext to end the Mueller investigation. This is simultaneously an abuse of the classification system, a betrayal of the public trust, a violation of longstanding norms shielding the Justice Department from political forces and — quite possibly — attempted obstruction of justice.

If integrity hasn’t fully succumbed to partisanship, Republicans will join Democrats in Congress to condemn this memo and take immediate steps to insulate Mueller from removal. Justice Department and FBI officials, for their part, should hold their ground and resist pressure to resign or ease off investigations. In this improbable and convoluted drama over four pages of innuendo, the rule of law itself could be at stake.

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Exxon Mobil Tripling Its Bet on the Hottest U.S. Shale Field

HOUSTON — Exxon Mobil announced on Tuesday that it would triple its oil and gas production in the nation’s hottest shale field by 2025 in the newest sign that the boom in national crude production is gaining momentum.

The company cited the recent reduction in the corporate tax rate as one reason for its increased interest in investing more in the Permian Basin, which straddles West Texas and New Mexico. It is also a logical sequel to its acquisition of 275,000 acres of Permian fields in New Mexico from the Bass family of Fort Worth last year for up to $6.6 billion in stock and cash.

The Permian Basin is leading the way in a national recovery of oil production after a three-year fall in crude prices. Roughly the size of South Dakota, the Permian has multiple layers of thick shale, easing the costs of exploration, drilling and production.

After a decade of development by smaller, independent producers, those geological advantages in the Permian shale have recently attracted enhanced interest and investment dollars from Exxon Mobil and other major producers such as Chevron and Royal Dutch Shell.

“We can deliver profitable production at a range of prices,” Sara Ortwein, president of XTO Energy, Exxon Mobil’s shale drilling subsidiary, said in a company statement, “and we have logistics and technology advantages over our competitors.”

Continue reading the main story

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Exxon Mobil, the nation’s largest oil company, said the tripling of oil and natural gas production would bring its output in the Permian Basin to 600,000 barrels a day. To support that increased production, it said, it will invest more than $2 billion to expand a recently acquired transport terminal and other production infrastructure. It noted in a statement that “recent changes in the U.S. corporate tax rate create an environment for increased future capital investments.”

It also said that “reduced drilling costs, technology improvements and expanded acreage” gave the company the opportunity to produce efficiently in the Permian.

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Energy companies are quickly building pipelines to move Permian oil and gas to Gulf of Mexico ports for export as well as pipelines to Mexico, where natural gas from the United States is replacing oil and coal to remake the country’s electricity system and clean up urban air.

On Monday, Exxon Mobil said it would spend $50 billion on United States operations over the next five years. Much of that spending had been previously announced, but it highlighted the company’s continued shift in preference to operations in the United States and the Western Hemisphere, after decades of searching to replace reserves in far-flung regions that are frequently unstable.

With the price of West Texas intermediate crude oil rising to around $65 a barrel from below $40 in recent years, the Energy Department predicts that daily domestic oil production will increase to an average of 10.3 million barrels a day this year from an average of 9.3 million in 2017 — setting a production record and surpassing the output of Saudi Arabia. The department projects an additional 500,000 barrels of production in 2019.

But not all oil companies have prospered. Some of the smaller independent companies that pioneered the shale boom borrowed heavily and suffered when oil and gas prices swooned in recent years. There have been scores of bankruptcies.

Chesapeake Energy, based in Oklahoma City and once an active driller in the Permian, laid off roughly 400 employees on Tuesday, about 13 percent of its work force, after selling off about a quarter of its wells over the last three years.