Consulting Matters

JANUARY 5, 2021

If you are interested in leaving your current job for the potential of running your own consulting or coaching practice, there is only one thing you need. You may think you need a lot of money in the bank and a "rolodex" of potential clients and referrals. Considering a leap into your own consulting or coaching business?

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Consulting Case Study Case Studies Finance 294

Successful Independent Consulting

NOVEMBER 29, 2024

Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Try doing a quick survey of similar consultants you know (maybe ask them to select from list of price ranges). Or ask an AI tool or search the internet: for example, “typical consultant rate for organizational design in New York.”

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Policies Examples Benchmarking Consulting 195

Management Consulted

OCTOBER 3, 2012

Last week we held an MC exclusive subscriber giveaway contest – entrants told us in 200 words or less how they became interested in consulting. The prize for best answer was a FREE Consulting Case Bank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you.

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Consulting Case Interview Interviews Engineering 204

Management Consulted

APRIL 20, 2014

” Here is one we got recently from John: A few months ago, I wrote you for advice in regards to resources I could use to prep for interviews in consulting. He has a really cool history – international i-banking, college football, and more – and THEN he spent 2 years networking his way into a job at PwC.

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Consulting Interviews Recruiting Recruitment 204

Consulting Matters

SEPTEMBER 30, 2020

And stay inspired about the difference that your consulting and/or coaching success will make to the world, starting with your own. And, we’ve got a lot of questions around what does it cost to start your own consulting business and what is the ongoing expenses, things to expect when you have a consulting or coaching business.

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Consulting How To Insurance Insurance 296

Management Consulted

JULY 22, 2013

In our last post, we discussed 5 major differences between 2 prominent types of consulting. From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Missed part one?

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Consulting Matters

NOVEMBER 12, 2020

This year marked my official 10 year anniversary of starting my own consulting business. It was back in 2010 when I officially launched my website and grew my consulting business from $0-$300,000 in the first 18 months. I was now a single mom with only $200 in the bank. Sounds exciting, right? It was raining clients and money.

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Consulting Travel Tools Company 296

Management Consulted

JANUARY 2, 2014

To start the year out on the right foot, we’ll be continuing our series of posts on consulting salaries with compensation information for those starting in a consulting firm this year – the big 2-0-1-4. We’ve been compiling data on management consulting salaries now for 4 years. Boston Consulting Group.

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Oliver Wyman Deloitte Consulting Mercer 250

Management Consulted

JANUARY 24, 2019

How to answer, “Why consulting?”, ”, in an interview is a must have skill for any prospective consultant. The question is so common, you can pretty much take it to the bank that you’ll hear those words from the person interviewing … Continue Reading. The post How to answer, “Why consulting?”,

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Interviews Consulting How To Banking 165

Management Consulted

NOVEMBER 2, 2018

The post Big Banks move internship recruiting back – what it means for consulting internship recruiting appeared first on Management Consulted.

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Recruiting Recruitment Banking Consulting 114

Management Consulted

AUGUST 10, 2014

Today, we’ll help by laying out 4 key types of consulting fit questions. Why Consulting? Make sure you are ready to share how your experience positions you well for this industry – it’s important that you don’t sound like a consulting-worshipper or share how you hate what you’re currently doing.

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Interviews Case Interview Consulting Industry 215

David A Fields

JUNE 22, 2016

You’ve completed your discovery process with your consulting prospect, gained agreement to your Context Document and submitted a killer proposal for a high-value consulting project. Money in the bank. This scenario is irritatingly common for all consultants. One that should, by all rights, be irresistible.

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Banking Consulting 240

Successful Independent Consulting

DECEMBER 13, 2020

Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Try doing a quick survey of similar consultants you know (maybe ask them to select from list of price ranges). Or search the internet: for example, “typical consultant rate for organizational design in New York.”

Consulting 221

Consulting Policies Benchmarking Examples 221

David A Fields

MARCH 21, 2017

Consulting can be a thrilling, wealth-building career. If you’re in the consulting business for keeps—particularly if you’ve taken on the risk of independent consulting in a boutique or solo shop—then the reward should be sky-high job satisfaction and a burgeoning bank account. It should be.

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Consulting Matters

DECEMBER 7, 2018

After 10+ years of running my own consulting practice, you can bet that I made my fair share of mistakes. Along with my mistakes, I will also be sharing my hard earned best practices so that you can accelerate the growth of your consulting practice. MISTAKE #1: WASTING MONEY ON A BROCHURE WEBSITE. When I started out, money was tight.

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Consulting How To Intellectual Property Meeting 223

Successful Independent Consulting

MAY 31, 2018

Yet my bank account says I’m a millionaire. How can other self-employed consultants become wealthy too? Reflecting on my years as an independent consultant, I’ve boiled it down to five keys to success. Five Steps to Becoming a Millionaire Consultant 1. As an independent consultant, cash flow is erratic.

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Consulting Cash Flow Banking Knowledge Base 150

Consulting Matters

DECEMBER 7, 2018

After 10+ years of running my own consulting practice, you can bet that I made my fair share of mistakes. Along with my mistakes, I will also be sharing my hard earned best practices so that you can accelerate the growth of your consulting practice. MISTAKE #1: WASTING MONEY ON A BROCHURE WEBSITE. When I started out, money was tight.

Consulting 214

Consulting How To Intellectual Property Meeting 214

Management Consulted

MAY 28, 2017

Have we got a treat for you today, as we highlight up-and-coming software consulting firm Bulger Partners. What makes Bulger Partners even more unique among consulting firms is the fact that the firm houses Strategy Consulting and Investment Banking arms under the same roof, and even has a small PE fund. BULGER PARTNERS.

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Software Strategy Strategy Strategy& 165

Management Consulted

OCTOBER 18, 2013

As the next installment in our popular Firm Profile series, we take a look at the evolution, reinvention, and current interview tactics of one of the world’s premier consulting firms – IBM. Howe created the IBM Consulting Group in 1992. 1992, IBM unveiled another service called IBM Consulting Group. Enjoy the ride!

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IBM GBS Interviews Consulting Case Interview 203

Management Consulted

MAY 25, 2014

GALLUP CONSULTING INTERVIEWS AND CULTURE. With a name that evokes the Wild Wild West, Gallup Consulting just sounds like a fun place to work. Enjoy reading about the dynamic history and impressive practices of Gallup Consulting. KEY STATS FOR GALLUP CONSULTING. Gallup Consulting Website. GALLUP CONSULTING HISTORY.

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Interviews Culture Consulting Case Interview 181

Management Consulted

APRIL 2, 2017

We’re continuing our Top 10 Consulting Firms series this week by focusing our expert eye on the Middle East. Ask any consultant about the Middle East, and Booz (now Strategy&) will be the first name on their lips! Currently, Strategy& does major public (read: government) consulting work outside the U.S.

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Oliver Wyman Consulting Deloitte Real Estate 160

Successful Independent Consulting

MARCH 31, 2020

For us as consultants, the effects are likely to be more gradual but our income will likely be affected. That said, consultants are unlikely to qualify for the loan forgiveness because it’s based on payroll and rent/mortgage payments made by a business. The PPP loans will also be available through most major banks in the coming weeks.

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Cash Flow Consulting Small Business Insurance 248

Consulting Matters

JANUARY 29, 2020

Most consultants and coaches experience fears around money. Having this mindset is essential for consultants and coaches, especially those want to work with senior leaders. If you want to have a world-class consulting and coaching business, invest your time, talents and treasure towards that end. It's just not smart marketing.

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Consulting How To Talent Training 177

Tom Spencer

OCTOBER 6, 2023

How do banks make money? What is a bank really worth? Firstly, by outlining the major items on a bank’s income statement, and then by discussing key ratios that are commonly used to measure profitability and to estimate the market value for banks. Where does this money ultimately go?

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Banking Balance Sheet Operations Financial 88

Tom Spencer

AUGUST 2, 2024

When it comes to tech innovations, the banking sector is usually ahead of the curve. Banks are buzzing with excitement over Gen AI, and its future in the sector looks even brighter. Banks are buzzing with excitement over Gen AI, and its future in the sector looks even brighter.

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Banking Data Trends Analysis 88

Management Consulted

MARCH 25, 2018

NOVANTAS FINANCIAL CONSULTANTS Today, we take a look at the industry leader in advisory services for financial institutions. For the last 15 years, Novantas has worked with 80% of the world’s largest global banks, payment networks, wealth managers, and other … Continued.

Financial 113

Financial Consulting Banking Industry 113

Successful Independent Consulting

JULY 28, 2022

When you subcontract through an agency or consulting firm you are usually paid about 65 percent of what you're worth. For the first 10 years of my consulting business, I had two major clients who hired me repeatedly. I was following my guiding principles as a consultant: • Do whatever it takes to keep your word.

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Cash Flow Banking Small Business Travel 195

Tom Spencer

AUGUST 30, 2024

While Gen AI holds big promise for banking , most of the current deployments are limited to just a few areas or don’t go beyond the experimental phase. Though early pilots appear impressive, it will definitely take time to realize Gen AI’s full potential for the banking industry. Five Challenges for AI in the Banking Sector 1.

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Banking Ethics System Data 88

Tom Spencer

OCTOBER 13, 2023

In the previous article , we looked at how banks make money and how they must meet capital requirements. In this article, we will explore the importance of profitability ratios and valuation metrics that are crucial when analyzing banks. It provides insights into how effectively a bank utilizes shareholder capital to generate profits.

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Metrics Banking Balance Sheet Efficiency 88

Harvard Business

NOVEMBER 22, 2016

By Prasad Chintamaneni, President, Global Industries and Consulting, Cognizant. Smart, always-connected devices and anytime/anywhere interactions are now givens, particularly among millennials, who expect such conveniences in banking and financial services. Digital is reconfiguring the world.

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Banking Data Financial Media 116

Consulting Matters

JUNE 1, 2023

During our discussion, we explored Dorie's journey into entrepreneurship and how she transitioned from the non-profit world to consulting. ” A frequent contributor to the Harvard Business Review , she consults and speaks for clients including Google, Microsoft, and the World Bank. magazine.

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Consulting Journal Small Business Education 156

Management Consulted

FEBRUARY 5, 2017

This week, we bring you the Top 10 Consulting firms in New York – the power center of the world. If you are a New Yorker, just moved there with hope and zeal to conquer the consulting world, or are just looking for some world-class information on the top consulting firms in New York, here is what we have for you.

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Consulting Deloitte Bain McKinsey 157

Tom Spencer

MARCH 4, 2022

Consulting is one of the most sought-after careers for graduate students looking to work in a high-responsibility and dynamic work environment. While almost everyone has heard about the prestigious careers in management consulting, there is a career that is quite similar and just as lucrative in economic consulting.

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Consulting Management Oliver Wyman Case Interview 109

Management Consulted

JULY 2, 2017

Are you a consultant living in Boston? We bring to you the Top 10 consulting firms in Boston area and the MC reasons as to why they made it to this list. And then, there’s a sociological anomaly – a sub-group of people called the “Consultants.” Looking to move to Boston? Read away – and enjoy!

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Oliver Wyman Mercer Consulting Deloitte 72

Successful Independent Consulting

MAY 15, 2017

This article covers two sides of the same coin for independent consultants: how to set up your business for success and what expenses to track to pay less tax. Note: I know many established independent consultants who could benefit from this info! They're interrelated. Let’s tackle the tax question first.

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Consulting Insurance Insurance Cash Flow 150

Tom Spencer

AUGUST 16, 2024

Despite many current applications being small-scale pilot projects, the promise of Gen AI to revolutionise banking operations and enhance customer experiences is becoming clear. This helps banks to quickly identify profitable investment opportunities and risks so as to maximise investment returns and minimize losses. Risk Management 3.1

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Banking Financial Operations Data 78

Management Consulted

AUGUST 1, 2013

Does Oliver Wyman really offer a “different kind of consulting”? Oliver Wyman’s strategy consulting practice has made waves specifically in the financial services sector , and beyond as well. Since that time, it has become the fastest growing management consulting firm today. KEY STATS FOR OLIVER WYMAN.

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