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Business Book Review: Boston Consulting Group On Strategy

Management Consulted

Welcome to yet another opportunity to gain valuable insights from a book review, written by Preeti Vemu, MC intern, MC events organizer extraordinary, and an ex-Deloitte consultant. Every section of Boston Consulting Group on Strategy is a comprehensive article offering insights that can be applied to any business circumstance.

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The Lockdown Unlocks Real Work

Markovitz Consulting

Recent research from the Boston Consulting Group confirms that employees can do better work when they’re liberated from much of the bureaucratic cruft that passes for daily management. According to BCG’s analysis , productivity at companies that have shifted to remote work has increased between 15% and 40%.

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Why Your Productivity Hacks Don’t Hack It

Markovitz Consulting

You can read that version, with more links to related articles, here.) ———————————————————————————————————————————————————— Leaders in organizations are always seeking to improve employee productivity (including their own). I would argue that most productivity improvements belong there as well.

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4 Ways to Develop Practical Business Understanding for Consulting

Management Consulted

What will you learn from starting a business that will help you prepare for consulting? Although there are several things, here are 2 key ones: First, you will learn different aspects of the business — everything from product development to sales to customer relations — and have some experience in each area. The McKinsey Way.

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Experience Curve

Tom Spencer

The Experience Curve captures the relationship between increasing production experience and declining costs. Wright described the effect of learning on production costs in the aircraft industry showing that required labour time dropped by 10 to 15 percent with every doubling of production experience. Source: Flickr ).

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The Smart and Simple Way to Empower the Public Sector

BCG

How can it be that people who should have the most fulfilling jobs in the world are generally far less engaged and productive than those we encounter in the private sector? While 89% of private-sector employees say they are proud to work for their organizations, only 59% of public servants agree.

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Competitive Response

Tom Spencer

Case scenario is a derivation from a practice case provided by The Boston Consulting Group. For an in-depth look at competitive response in the pharmaceutical industry, take a look at “ Competitive Response to Radical Product Innovations ”, an article in the May 2008 Journal of Marketing.