What kind of consultants work in the entertainment sector and how did they get there?

Let’s say you want to be one of the people at Netflix or Disney+ that work on content strategy, creation, and oversee business decisions on which shows to develop or drop.What kind of consulting firms have projects like these, or are these done in-house, and/or how do consultants end up in this like of work?Do you need to work in MBB before exiting into the sector? What kind of skills should you obtain to brand yourself as an entertainment management consultant?

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Based on the most helpful WSO content, here's what you need to know about becoming a consultant in the entertainment sector, particularly for roles like content strategy and business decisions at companies like Netflix or Disney+:

Types of Consultants in the Entertainment Sector

  • Corporate Strategy Managers: These roles often involve high-level thinking, dealing with ambiguity, and a get-it-done attitude. They are responsible for answering complex questions and making strategic decisions.
  • Management Consultants: Consultants from both MBB (McKinsey, BCG, Bain) and non-MBB firms can transition into the entertainment sector. They often work on projects related to strategy, operations, and sometimes content strategy.

Pathways to Enter the Entertainment Sector

  • Consulting Firms: Both MBB and non-MBB firms have projects in the entertainment sector. These projects can involve strategy, operations, and sometimes content-related decisions.
  • In-House Roles: Many entertainment companies have in-house strategy teams that handle these decisions. Consultants often transition into these roles after gaining experience in consulting firms.

Skills and Experience Needed

  • High-Level Thinking: Always be aware of the overall objective and avoid getting caught up in details.
  • Ability to Deal with Ambiguity: Be comfortable with projects that start with vague questions and require you to sift through data and present meaningful insights.
  • Get-It-Done Attitude: Show that you can deliver results and make the right connections to get the information you need.
  • Interpersonal Skills: Be a team player, have good active listening skills, and be humble and willing to learn.
  • Communication Skills: Be able to articulate thoughts well, follow directions, and write and read effectively.
  • Analytical Skills: Be a problem solver, draw insights from limited data, and ask good questions.

Transitioning from Consulting to Entertainment

  • Previous Consulting Experience: Having consulting experience, especially in strategy or operations, can make the transition easier.
  • Networking: Spend time learning about the experiences of consultants in the entertainment sector and work on your story of why you would be a good fit.
  • Branding Yourself: Highlight your consulting experience and the skills you bring to the table. Show that you can consistently perform and deliver results.

Do You Need MBB Experience?

  • Not Necessarily: While MBB experience can be beneficial, it is not a strict requirement. Consultants from non-MBB firms can also transition into the entertainment sector by demonstrating the right skills and experience.

Summary

To become an entertainment management consultant, focus on building high-level thinking, dealing with ambiguity, and a get-it-done attitude. Gain consulting experience, network with industry professionals, and brand yourself effectively to transition into roles at companies like Netflix or Disney+.

For more detailed insights, you can refer to the following threads: - https://www.wallstreetoasis.com/forum/corporate/qa-corporate-strategy-m…</a">Q&A: Corporate Strategy Manager at F100 Entertainment Company (came from Non-MBB Management Consulting) - https://www.wallstreetoasis.com/forum/consulting/qa-i-grew-up-in-consul…</a">Q&A: I grew up in Consulting and reinvented my brand 3 times

Sources: Q&A: Corporate Strategy Manager at F100 Entertainment Company (came from Non-MBB Management Consulting), Q&amp;A: I grew up in Consulting and reinvented my brand 3 times, Q&A: Former MBB Consultant, Q&amp;A: I grew up in Consulting and reinvented my brand 3 times, Q&A: Corporate Strategy Manager at F100 Entertainment Company (came from Non-MBB Management Consulting)

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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