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'We’ve been busy. Not only have we spent the last several weeks gallivanting all across the East Coast speaking at schools like Harvard, Penn, Columbia, McGill, and Cornell, but we’ve also been busy creating a YouTube series. At the start of the new year, we promised our subscribers a YouTube video every week on a topic relating to consulting, and we’ve delivered.
'I get asked a lot whether somebody can (or should) call themselves a consultant. It would be easy to brush off labels, but sometimes they do matter. In business circles, consultants are thought of as seasoned professionals at the top of their field, and contractors often as temp help. That may not be fair, but […].
'There are 6 reasons why executives hire consultants. In America, and other Western countries, senior executives often hire management consultants for strategic advice. Given that consulting advice can sometimes sound like a statement of the obvious, albeit very well power-pointed, and tends to come with a shockingly high price tag, you would be forgiven for asking “why!?
'It has been announced that Paula Deen is prepping her comeback. Less than a year after her disastrous issue-made-crisis on account of her serious lack of proper crisis management , Deen has created a new company, Paula Deen Ventures, which is reported to be backed by Phoenix-based investor, Jahm Najafi. With Steven Nanula appointed CEO of Paula Deen Ventures and multi millions (reported to be between $75 and $100 million) in backing from Najafi Media, this new team has high hopes for making thi
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
'By: Amy Smith While most people celebrate MLK Day by volunteering in their communities or just enjoying a day off, I honored Martin Luther King Jr.’s legacy year by climbing Mount Diablo. One of the things I love most about the Bay Area is exploring the seemingly endless number of parks and hiking trails, but the combination of a nauseating drive up the mountain, trekking uphill, and having to face my fear of heights left me feeling unenthused about this particular adventure.
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Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
'Today, we continue our series of book reviews with a look at The McKinsey Way , a book written by a former Associate at McKinsey, Ethan M. Rasiel, who is also the co-author of The McKinsey Mind. Our author today is Daniel, an MC intern focused on video and social media marketing. Enjoy! —————— Why read it? The McKinsey Way is a light and enjoyable read for those who want a brief overview of what management consulting is , for those who would love a better p
'Ad revenue in the online world is based on clicks and impressions. For example, I have a relationship with Google that generally pays on clicks. I also have a relationship with Investing Channel that pays on impressions (views). I do not pay anyone to direct traffic to my blog and I do not ask people to click on ads they are not interested in. Nor do I want them too.
'Management requires smooth process, leadership requires clear vision. Management is about running systems, processes, and people. Leadership is about taking action, and inspiring others to do so. Having a vision, and the ability to influence and motivate others to sail towards it. Your team needs both. If you have no managers, then key details, tasks and deadlines are likely to be missed.
'From Domino’s Pizza to Taco Bell to KFC – and the list goes on and on – it seems that the fast food industry is always finding themselves in hot water. Unfortunately, each episode tends to be about something disgusting that has been done with the food. Today we have a new one to add to the list: Pizza Hut. This one may even take the prize for most disgusting, stomach-curling and make you swear off fast food joints for good.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
'By: Renee Daggett In September 2013, the IRS released new rules regarding expensing repairs/supplies and depreciating assets. They are providing clarity on how you can or cannot write off purchases of equipment, tools, supplies, etc. For years, we have used the Generally Accepted Accounting Principle of expensing items that small businesses purchase of up to $500 or even $1000 when appropriate. .
'On our January 2014 Consulting Bootcamp tour, we travelled to several universities up and down the East Coast – Duke, Georgia Tech, UGA, Penn, Harvard, McGill, Dartmouth, Columbia, and Cornell. *. In the beginning of the trip, Jenny Rae was intern-less. What did this mean? No pictures! By way of a quick words-only recap, we made our way back to Duke and got to train 30 eager sophomores and juniors preparing for their first interview season.
'I received an interesting email regarding Ukraine from reader Jacob Dreizin, a US citizen who speaks both Russian and Ukrainian. Jacob comments on media bias and offers the "full scoop" on Ukraine. First, let''s take a look at events that happened earlier today. Pro-Russia Gunman Seize Crimea Parliament Bloomberg reports Gunmen Seize Crimea Parliament as Ukraine Backs New Premier.
Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.
'For those of you planning to be in the UK in March, we would like to share with you details of an exciting event being hosted at Oxford’s Said Business School. Oxford Inspires is an entrepreneurial conference taking place on the 8th and 9th of March this year. The event is hosted by Oxford Entrepreneurs , the largest student-run entrepreneurship body in the world, and brings together leading entrepreneurs to educate and inspire budding entrepreneurs based in Oxford, London, and beyond.
'By Garth Rowan, Communications Consultant and member of the Agnes + Day Crisis Intelligence Team. When bad things happen, some of us rise and some fall. These are the times when you want to tap into the mindset of an Olympic gold medal winner. Why? It’s all about high stakes performance and that’s where similarities between the world of the top athlete and the crisis communicator run parallel.
'By: Pello Walker Targeting your direct marketing materials at non-English speaking prospects and customers in their native languages is an increasingly critical aspect of business success. As easy as it might seem, however, translating and producing a product brochure into a foreign language can be tricky business. Just ask Pepsi, which in the mid-Sixties launched an ad campaign in China using the slogan “Come alive with the Pepsi Generation.
'Leaders must learn to tell the difference between strong emotions that can lead to constructive change, and those that can tear an organization apart.
Savings Consultants are needed in today’s market more than ever. With an increase in expenses, businesses are looking for opportunities to save. Often unknown to businesses are savings in expense reduction, specialized tax savings, specialized savings including medical underpayments, health benefits cost reduction, zero cost processing, and more. Blue Coast Savings, with over 20 years in business, assists Savings Consultants in helping these companies move toward more profitable businesses.
'A new supervisor’s first day on the job can be a stressful one. It may be that the supervisor was recently promoted and is now managing the work of individuals with whom she was a peer. Or, it may be a newly hired supervisor in the organization starting on day one not knowing anyone in [.].
'Via translation from Libre Mercado, the city council of Barcelona, Spain proposes €100,000 Fine on Owners of Empty Homes. The City Council will fine owners of empty homes up to 100,000 euros. The proposal by the City Council commits the government to detect unused homes, starting with the banks. The statement also reflects the Council''s commitment to initiate disciplinary proceedings which could end up with three fines "of up to 100,000 euros" if homes remain empty.
'Veritasium concludes that advertising your page on Facebook is a waste of money. VERITASIUM is a popular educational science channel on YouTube, created by Derek Muller , which tries to uncover misconceptions about science. While not technically “science”, Veritasium has released an interesting and insightful video about the worth of Facebook marketing.
'Apple is in the process of fixing what The Globe and Mail has called a “gaping hole” within their security software, “which gave spies and hackers the ability to grab e-mail, financial information and other sensitive data.” What a nightmare. We know (or at least we should know) that we’re always at risk of security breaches and hack-attacks when it comes to the online world.
This White Paper targets opportunities for Management to develop proficiency in the Decision Framing and Analyses element of input to Decision, & Risk Analyses for Major Project Funding Decisions.
'By: Deborah Siegle This post following Bobbie LaPorte’s talk on how to achieve a high quality work and personal life , is about her fourth Key to Success: Building your success team. For some building your success team seems easy. For others, it’s unclear where to start. Here are Bobbie’s suggestions on how to build your success team : Ask the rock stars in your field.
'(You might be as well). The market isn''t always right. It''s merely the market. Mass appeal is not always better than doing something that matters. Increasing shareholder value is not the primary purpose of a corporation. News with a lot of clicks isn''t always important news. Selling out to get popular is selling yourself short. Lowering the price at the expense of sustainability is a fool''s game.
'Is Portugal about ready to implode? That''s what one hedge fund manager believes. For now, interest rate action suggests otherwise. We will explore the case for implosion but first consider this chart of 10-year sovereign bonds. Portugal 10-Year Sovereign Debt Yield One certainly could have made a fortune plowing into 10-year Portuguese bonds. Does that mean Portugal is out of the woods?
Case studies are proof of successful client relations and a verifiable product or service. They persuade buyers by highlighting your customers' experiences with your company and its solution. In sales, case studies are crucial pieces of content that can be tailored to prospects' pain points and used throughout the buyer's journey. In marketing, case studies are versatile assets for generating business, providing reusable elements for ad and social media content, website material, and marketing c
'But mostly give. You are probably familiar with “gains from trade” The notion that society is based on give and take. You help me, I reciprocate, and together we benefit. The idea is a powerful one and forms the basis of the free market economy. The invisible hand of market forces, as Adam Smith put it, enables market participants to work for their own benefit, and make society better off in the process.
'I recently read a book – a really great book – titled “The Presentation Secrets of Steve Jobs” Within the book, Carmine Gallo, the author, kept saying things like (and I’m paraphrasing) “unless you’re Jobs and cofounded Apple, you can’t get away with xyz” These comments are what filled my mind as I updated my Macbook Air to fix the security breach that we were all made susceptible to, and I read the following: Nowhere within this update info
'By: Deborah Siegle Concluding my posts on Bobbie LaPorte’s talk on how to achieve a high quality work and personal life , her fifth Key to Success, resiliency. Surprises are the new normal. Be prepared for setbacks! They’ll happen. Don’t let them defeat you. Are you prepared to bounce back? How do you set yourself up to bounce back? How do you deal with setbacks and challenges?
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