David A Fields
MAY 15, 2018
Imagine you’re in court. As the prosecutor states his case, you nervously whisper to your defense attorney, “Should I just tell them…” “No,” your counsel quickly interrupts you. “Don’t say anything!” Your advocate’s advice is exactly right for the courtroom. It’s absolutely wrong for the boardroom.
Management Consulted
MAY 18, 2018
Bad Response: “I have been told that I’m a really likable person. If I’m ever on a flight, I love striking up a conversation with the person sitting next to me, for instance. I always end up learning so much … Continued. The post Consulting Bible – Fit and Experiential Interview appeared first on Management Consulted.
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Harvard Business
MAY 18, 2018
Patrizia Savarese/Getty Images. At best, mergers and acquisitions (M&A’s) have a 50/50 chance of reaching their intended results. Study after study puts the failure rate closer to 70-90%. Why is the failure rate so high? Repeatedly, research cites the human factor as the leading reason why mergers and acquisitions fail. Part of the issue is how organizations view the human aspect of the closing date, which is usually treated as the end of the transaction, when it’s really just th
Consulting Matters
MAY 16, 2018
If you’re a high-achiever SURELY, you’ve considered starting your own consulting business by now (if you haven’t already.) There is no shortage of advice and mentors that can help you learn how to market and sell yourself. But the reality is… …Growing a consulting business is unlike any other business! To achieve sustainable success, you have to think broader than just finding clients.
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Consulting Success
MAY 16, 2018
I’m excited to share the results of our 2018 Consulting Fees Study with you. Before I provide you with all the details and results — I’ll also tell you about a funny story. A bit of background first. Each year we poll our list of consultants. With over 33,000 consultants getting our regular emails, it’s a sizeable and meaningful group to poll.
Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
Harvard Business
MAY 14, 2018
Christopher Stevenson/Getty Images. We’ve probably all been to at least one networking event, those initially promising but inevitably awkward meet-ups where most people arrive hoping to meet new contacts that can further their career — but end up stirring their drink in the corner of the room chatting with someone they already knew. To an introvert, these events are terrifying, but it turns out that these events aren’t all that effective for extroverts either.
Management Consulted
MAY 18, 2018
If you’re the type who likes to get right to the point, you’ll appreciate this section. If you don’t plan to read all 300+ pages of this book, here are the parts we recommend to read and in what order: … Continued. The post Consulting Bible – Get The Most appeared first on Management Consulted.
Consulting Success
MAY 17, 2018
It was Saturday afternoon. I had just left the liquor store with a box of wine when something unexpected happened. Earlier that morning, I was spending time with my daughter. We had breakfast together and then went to the park to play. Daddy-daughter time while my wife was at the spa. I drove back to the house and put my daughter down for a nap. She fell asleep in the car before we even got.
SkillQuo
MAY 16, 2018
Workplaces are sacred. Not because that’s where you spend the majority of your day, but also it’s the source of your daily bread. Modern workplaces are becoming temples where ideas, perspectives, and insights meet to create electrifying results for employees and clients alike. Technological advancement has reached an unseen height where workplaces and employment are no longer about the typical 9-5, linear path to promotion, but rather a path for extracting the greatest capabilities from employe
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Harvard Business
MAY 14, 2018
Marcia Straub/Getty Images. Companies are collecting more data than ever before, and are making significant business decisions based on it. Of the 4 Vs of Big Data (Volume, Velocity, Variety, and Veracity), we have now seen ample evidence of the impact and importance of the first three. A higher “Volume” of data has led to more efficient decision-making in numerous instances, such as in programmatic marketing and in banking.
Management Consulted
MAY 18, 2018
Beyond our own interview experiences at McKinsey and Bain, we’ve conducted hundreds of hours of interview preparation (we served 600 clients last year alone!). Trust us, we’ve seen it all – the good, the bad and the very, very ugly. … Continued. The post Consulting Bible Case Interview Guidelines appeared first on Management Consulted.
Consulting Success
MAY 14, 2018
When you deliver value to people and show them that you are there to help solve their problem, you create connections and build relationships that get you opportunities you may have otherwise missed. As an organizational psychologist, Richard Citrin follows this concept because he knows that consultancy is a business of relationships. Richard has always shared his values of contributing and giving back to the community.
Tom Spencer
MAY 13, 2018
As the price of cryptocurrencies skyrocketed in late 2017 and early 2018, there was rampant speculation about whether blockchain and cryptocurrencies are the future. They have potential to replace gold as a store of wealth or even fiat currencies for daily transactions. Bitcoin may be pilfering some gold demand , but gold and fiat currencies will not be ousted anytime soon.
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Harvard Business
MAY 17, 2018
Kenneth Andersson for HBR. It seems like every business is struggling with the concept of transformation. Large incumbents are trying to keep pace with digital upstarts., and even digital native companies born as disruptors know that they need to transform. Take Uber: at only eight years old, it’s already upended the business model of taxis. Now it’s trying to move from a software platform to a robotics lab to build self-driving cars.
Management Consulted
MAY 18, 2018
Preface Why The Consulting Bible? What’s New in the 3rd Edition How To Get The Most Out of This Guide Interview Process and Expectations General Interview Tips Interview Styles Interview Practice Plan PST What is it? 8 … Continued. The post Consulting Bible Table of Contents appeared first on Management Consulted.
Strategy+Business
MAY 14, 2018
Stepping away from the screen and putting pen to paper allows the brain to reflect, process, and find patterns. See also "How Journaling Can Help Leaders Achieve Their Goals.
Tom Spencer
MAY 13, 2018
If you are in your final year at university or you have recently finished your degree, there is a chance you are looking at jobs in management consulting. It is an incredibly interesting and challenging profession, which offers a great starting salary and many job opportunities going forward. Moreover, it is a convenient way to get to know different industries and business functions for those who are still unsure about which career path to follow in the long run.
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Harvard Business
MAY 14, 2018
Danae Diaz/Getty Images. There is no single leadership trait that guarantees success in any profession, but there is, based on my experience, one that many of the best leaders share: a fierce commitment to objectivity. And yet I realize it’s often not easy for leaders to remain objective. In my nearly three-decade career in the intelligence community, I have worked for and with 11 Directors of CIA and all five Directors of National Intelligence.
Management Consulted
MAY 18, 2018
You’ve probably heard one-liners like, ‘Networking is really important” and “It’s all about who you know” when sage advisors are proffering wisdom on how to get a job in today’s economy. Haven’t you ever wondered exactly what that looks like … Continued. The post Consulting Bible – Preface appeared first on Management Consulted.
Strategy+Business
MAY 14, 2018
Stepping away from the screen and putting pen to paper allows the brain to reflect, process, and find patterns.
Tom Spencer
MAY 13, 2018
As I have been asked by quite a lot of people to share some frameworks, I will use the next 3 posts to walk you through the most frequently used frameworks in the case interview. While you are reading those frameworks and related examples, keep in mind that no framework is the skeleton key to all case interviews. What you need to do is absorb the methods or concepts applied in each framework and then make your own version.
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Harvard Business
MAY 15, 2018
Marina Nasr / EyeEm/Getty Images. Increasing volatility, uncertainty, growing complexity, and ambiguous information (VUCA) has created a business environment in which agile collaboration is more critical than ever. Organizations need to be continually on the lookout for new market developments and competitive threats, identifying essential experts and nimbly forming and disbanding teams to help tackle those issues quickly.
Management Consulted
MAY 18, 2018
If networking were simple, we wouldn’t need to write an 88-page guide on how to do it well! There are 5 keys to networking success in management consulting They’re all pretty basic, but it’s jaw-dropping how many of you stray … Continued. The post Consulting Bible – 5 Keys To Networking Success appeared first on Management Consulted.
Steve Tobak
MAY 13, 2018
Friends often ask me why I do what I do. By any measure I had one hell-of-a career. I went out on top. Why bother blogging and consulting? Why not just retire to some pristine island in the pacific, lounge on the beach, write my memoirs and work on the[.] Read On. The post Truth. It’s In Short Supply appeared first on Steve Tobak.
CaseInterview.com
MAY 13, 2018
The other day, my teenage daughter asked me to buy her false eyelashes. When I asked her why she wanted them, she said, “It’s for my school camping trip with my classmates.”. Of course, I said, “Why in the world do you need fake eyelashes to go camping?!?”. I don’t remember her answer. What I do remember is her sales argument. “But Dad, you said we should always be trying new things.”.
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Harvard Business
MAY 14, 2018
David Ryder/Stringer/Getty Images. Amazon came under fire last week after its board opposed a shareholder proposal to increase the diversity of the board. CtW Investment Group, an activist shareholder group, requested that Amazon implement something much like the “Rooney Rule,” a requirement instituted by the NFL in 2003 that every team must interview at least one minority candidate for an open head coach or general manager position.
Management Consulted
MAY 18, 2018
Create a list of 60+ contacts We’re on the second part of the 20-2-1 building a list of 60+ names with contact info for the 2 professionals and 1 recruiter at each of your 20 firms It’s time … Continued. The post Consulting Bible – Step 3. Name names appeared first on Management Consulted.
Henry DeVries
MAY 15, 2018
“Happy, meaningful retirements don’t just happen,” says career counselor Robin Ryan. “You need to develop and implement a plan that allows you to enjoy life to its fullest.
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