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5 Benefits of Internal Strategy vs Consulting

Tom Spencer

years in management consulting, I transitioned to a Fortune 50 US company in an internal strategy role. Before outlining the benefits of internal strategy, I want to highlight a few things: I generally enjoyed my time as a consultant and view the firm I left with high regard. Internal strategy isn’t for everyone.

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The Impact of Cultural Diversity on Team Effectiveness: Exploring the Advantages and Challenges of Culturally Diverse Teams

Effective Managers

This diversity can enhance the team’s ability to tackle complex problems by drawing on a broader knowledge base and varied experiences. Creating an Inclusive Team Culture : Developing a team culture that values diversity and inclusion is essential.

Culture 130
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The Impact of Cultural Diversity on Team Effectiveness: Exploring the Advantages and Challenges of Culturally Diverse Teams

Effective Managers

This diversity can enhance the team’s ability to tackle complex problems by drawing on a broader knowledge base and varied experiences. Creating an Inclusive Team Culture : Developing a team culture that values diversity and inclusion is essential.

Culture 130
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Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business

In a parallel development, the number of companies listed on U.S. The number of listed firms can decline because of three developments: 1) bankruptcy, failure, or closure of listed firms, 2) delisting of firms going private or acquired, and 3) decrease in number of initial public offerings (IPOs). westend61/Getty Images.

Company 131
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Deep Dive into Customer Segmentation (Part 1 of 2)

Tom Spencer

It is a critical step towards identifying growth opportunities in business and should be carried out before undertaking any of the following actions: Developing customized marketing programs (e.g. Designing an optimal channel distribution strategy (e.g. Prioritizing new product development efforts. campaign optimization).

Apparel 103
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ChatGPT: How Chatbots are Disrupting Entire Industries

Tom Spencer

As a strategy consultant at a boutique management consulting firm, I am always on the lookout for new tools that can help organizations become more efficient, effective, and innovative. As a strategy consultant at a boutique management consulting firm, I believe that ChatGPT is worth keeping an eye on as it continues to evolve and mature.

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Could Your Business Use an Advisory Board?

IMC USA

Advisory boards focus on "big picture” issues--such as compensation, market strategy, and succession planning--rather than day-to-day operational difficulties. But today, even successful small businesses face increasing technological and logistical challenges, making advisory boards a more widely accepted strategy.