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AlixPartners is an international business advisory firm based in Southfield, MI known for its work in corporate turnarounds, bankruptcy assignments and restructuring. Generally regarded as turnaround market leaders, AlixPartners is doing a killer job at taking up more room in the consulting space by strategically hiring a plethora of gurus.
Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. In fact, one of our interview coaches, Michael Hecht, used to work for The Seabury Group and now works for Delta Airlines as a member of their Skymiles team.
FTI CONSULTING INTERVIEWS & CULTURE. The tiny company brought major changes to the presentation of technical courtroom evidence using computer models built with a simple yet powerful goal in mind – to help jury members understand the technical merits in law cases. 1999: FTI Consulting began trading as a public company on the NYSE.
When the business landscape changes, how can you turnaround a failing company? RADIOSHACK , an American consumer electronics giant of yesteryear, faced chaotic trading on Wednesday as analysts predicted the company would report it’s 10th straight quarter of losses. Why is the company failing? Source: Flickr ).
My company represents self-employed professionals across the country, and over the last seven years I have interviewed, coached, or worked with more than 200 independent management consultants. I know a highly talented professional with over 20 years of experience with several Fortune 500 companies. The exact opposite is true.
Managers rarely yell, coworkers try to help each other out whenever possible, and companies are organized to provide consultants support with training, expertise, etc. In addition, you’ll have limited exposure across the company to other groups, departments, etc – less ability to network across the company.
Because of this, we sat down with consulting veteran Lisa Bright (who is now part of the MC interview coaching team!) The school I was at isn’t one of McKinsey’s core schools, so I had to do a lot of reading online to prepare for the interview, get accustomed to case interviews and stuff like that. That was rough.
Through historical research and many interviews, we found several ways in which early stumbles in the organic wine market created marketing problems that the industry still struggles to overcome. The Turnaround. Why the difference? ” Organic wine was not strongly embraced by distributors and retailers, either.
When a private equity firm adds a new company to its portfolio, analysts rigorously size up its financial, operational, and competitive condition. Yet even with all that knowledge and effort, many private equity companies still don’t do a good job when it comes to deciding whether to keep the CEO in place or select a new CEO.
My experience with even the most successful global companies is that they’re between average and poor at developing future talent. Both of those leaders are now CEOs — one of a $10 billion retail chain and another of a specialty eyewear company. Identify experts inside and outside your company. Request an interview.
The PARADE Method (tm) is an approach to answering resume-oriented job interview questions. It is an approach I developed that is tailored for answering these questions in job interviews for management consulting, as well as interviews for senior executive positions in industry. Interviewers want to know what you did.
I wanted to take this opportunity to thank you for your immense help, encouragement and guidance throughout my case interview preparation process. While going through the case interviews , I realized that I enjoyed them and most importantly, that this is something I could do well in. My Response: This is wonderful news indeed.
Steve Jobs had just returned to the company and the product line was a shamble of computers with confusing names, printers, scanners, and a curious, yet ill-conceived PDA called the Newton. The outlook for Apple was bleak — most media wrote the company off as a shadow of its former self. Value reporters time. Be hands on.
Some of the most notable specialisations include healthcare, IT or tech, and turnaround consulting. Although IT consulting firms can be big shops such as Gartner and Infosys, healthcare and turnaround consulting firms tend to be more boutique in nature. Internal Corporate Strategy Consulting.
A large American beverage company acquired a fruit juice company for $350 million five years ago with the goal to increase revenues tenfold. A large Korean electronics company is thinking about entering the market for tablet computers. A South Korean company is acquiring a U.S. What should the company do?
The CEOs in our study were adept at telling their company’s story. Essential to the story is the company’s purpose. Fred Lynch, CEO of Masonite, a 92-year-old company that manufactures interior doors and entry door systems, created a long-term value creation thesis that he called the Masonite “blueprint.”
Bain & Company. Booz & Company. McKinsey & Company. Accenture is a global management consulting, technology services and outsourcing company. Bain & Company. Bain & Company (Hong Kong). Founded in 1973 when Bill Bain and others left BCG to form Bain & Company. IMS Health.
To focus that attention and transform the companies in their portfolios, PE firms are establishing a new role that we call a leadership capital partner (LCP). We interviewed roughly 30 LCPs to get a sense of how this new role is shaping up. The LCP’s Role with Portfolio Companies.
Bain & Company. Booz & Company. Accenture is a global management consulting, technology services and outsourcing company. A&M specialises in turnaround and interim management, performance management and business advisory services. APT provides software and consulting services for consumer-focused companies.
Many legacy companies would like to transform themselves into agile, talent-first organizations. Volvo’s turnaround over the last decade offers a great example. “Technically, cars today are very different from ten years ago,” says Sällström, whom we interviewed for our book, Talent Wins.
You accept your first job as a manager in a fast growth tech company, thinking: “How much different could this be from my former company—a financial services firm? Half of your colleagues worked above, below or alongside each other in previous companies. We then interviewed more than a dozen U.S.
. “I wanted to highlight some of the progress we have made in mobile, which is another big strategic area for us,” he told listeners , noting that Google Maps was becoming popular for Blackberry users and later adding that it was critical that the company make sure all its content worked on phones.
And on the rare occasions when you do land an interview, you stumble over questions about what you’d bring to the hiring company and why you’re the perfect fit. So how can you make your resume, profile, and interview more effective? How to Get the Most Out of an Informational Interview. Career Transitions.
Based on my interviews, reported response rates averaged from 60% to 80%, with some campaigns actually hitting 100%. Once you’ve gone through the trouble of arranging the meeting, it would be a waste to ruin it with a misguided pitch of your company’s product or service. But his core business is turnaround consulting.
The research involved conducting and coding 88 in-depth behavioral event interviews of leading change with 65 leaders, spread across multiple industries and from across five continents. One CEO I interviewed, the leader of an international charity, went much further. Another executive I interviewed reflected on this.
I’ve interviewed thousands of candidates for managerial roles and tracked the performance of those I successfully hired. Japan’s educational institutions and cultural work ethic give its managers a jump-start in their careers, but most companies don’t continue the development process as far as it could go.
He had spent his entire 14-year career at the company, had worked hard, and had rapidly climbed the ranks in sales and marketing. The culmination was his promotion to business unit leader for Plastic Resins, one of the company’s best-performing units. He inherited a strong team with a proven track record.
Investment banking case studies are a lot more quantitative and tend to focus on reading financial statements and based on a corporate finance deal e.g. a company going public on the stock market. The Ivy Case is a system created by a Harvard professor who coached students for interviews at top-tier consultancies such as McKinsey.
So focused on his and his own team’s results that he was willing to throw others in the company under the bus. Conduct one-on-one interviews. Use the highlights of the interviews to customize a survey to address specific concerns as well as his strengths to gain quantifiable data on leadership competencies.
In the nine months I endured this toxic environment, three of my good team members quit the company. One employee we were interviewing told us that working at his corporation was almost like a religious experience. For example, we recently interviewed an employee who described her work environment as toxic.
This Firm Profile started as an email from Sean, asking if we could write on Alvarez & Marsal, “The Turnaround Guys”. The firm’s first turnaround client was the household brand, Timex Corporation. Turnaround and Restructuring. ALVAREZ & MARSAL INTERVIEWS AND RECRUITING. ALVAREZ & MARSAL KEY STATS. Core Values.
of Fortune 500 companies are run by female CEOs, and while there is incremental progress — there are 32 female CEOs this year, the highest percentage ever, compared with only 21 last year — the rate of change can feel excruciatingly slow. Harry Haysom/Getty Images. Women could be ready for the CEO role sooner.
And if you have the budget, investing in a production company can be a huge time-saver that lets you focus on other aspects of your podcast's content and promotion. Here are the top 15 podcast production companies organized by category! So if you choose this company, make sure to get Premium Editing.
A one-stop turnaround plan, Conquer the Chaos lays out a complete path to make your business run smoothly and provide you with the freedom you desire. Focus - Al Ries Summary: If your company has lost the focus it once had, here are clear solutions for moving your organization back to its key service and discarding everything else.
In the case interview process for McKinsey, one of the early evaluations is “Solve,” McKinsey’s digital assessment game (formerly called the McKinsey Problem Solving Game). You’re provided a history of all pricing changes from all companies in the industry (including your client).
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