Management Consulted

JULY 22, 2013

From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Find it here: 5 reasons to choose strategy operations over financial advisory consulting. Missed part one? Well…sure.

Financial 194

Financial Consulting Strategy Strategy& 194

Tom Spencer

OCTOBER 25, 2024

This article delves into the rising importance of ESG metrics, how companies are integrating them into their operations, provides leading examples, and highlights the evolving regulatory landscape. Leading Examples Several multinational companies are leading the way in integrating ESG metrics into their business practices.

Metrics 78

Metrics Ethics Government Financial 78

Tom Spencer

MARCH 28, 2025

Although initially viewed with skepticism, blockchain is now being embraced for its potential to streamline operations, reduce costs, and enhance security. In October 2020, HSBC launched theContour platform, which uses blockchain to digitize trade finance and reduce friction in international trade transactions.

Banking 88

Banking Financial System B2B 88

Effective Managers

FEBRUARY 24, 2023

For example, let us say that a person in the finance department has a quarterly report that is dependent on the operations department to gather information. It’s crucial for the finance department that they do this work on time as the Owner or CEO depends on the information. Conflict soon ensues!

Finance 130

Finance Operations Report Efficiency 130

Successful Independent Consulting

AUGUST 28, 2024

Here are some thought-starters: strategic planning, estate planning, merger integration, process reengineering, org design, diversity, digital marketing, college financing, change strategy, performance management, leadership development, executive coaching, financial planning. The 4th and 5th examples were invented by me.) [2]

Development 195

Development Turnaround How To Financial 195

Tom Spencer

NOVEMBER 8, 2024

My career path has taken me through consulting, joining a startup and becoming an operator, and then returning to consulting at an MBB firm. For example, I had access to: Dedicated research teams providing support by gathering data, conducting analyses, and generating insights. Why choose an MBB consulting firm? Three main reasons.

McKinsey 78

McKinsey Methodologies Transportation Bain 78

Steve Shu Consulting

JANUARY 4, 2023

this legislation covers finance and retirement-related considerations. For example, by increasing the age at which people are required to take minimum distributions from retirement, how might this affect other choices? For example, what impact might it have on how people think about claiming Social Security? See Shu et al.

Construction 195

Construction Journal Agile Exercises 195

Harvard Business

AUGUST 3, 2016

A new set of relationships is being formed within companies around how people working in data, analytics, IT, and operations teams work together. Data and analytics represent a blurring of the traditional lines of demarcation between the scope of IT and the responsibilities of operating divisions. Data and analytics embedded in IT.

Operations 70

Operations Chemicals Data Agile 70

Management Consulted

JANUARY 1, 2017

These cases can be some of the scariest, because they test things like finance principles, but on the other hand, they’re really easy to recognize. They often plan to operate it for a period of time; many choose to integrate the target with their current operations. Once again, it all comes down to finances.

Case Interview 154

Case Interview Interviews Intellectual Property Cash Flow 154

Markovitz Consulting

JANUARY 21, 2019

But when it comes to internal operations at least, disruption is often both bad for business and for employees, because it causes unevenness in work. Shutting down a warehouse for two days to do physical inventory, for example, is incredibly disruptive, with ripple effects throughout the business, from supplier to customer.

Finance 145

Finance Financial Meeting Examples 145

Harvard Business

OCTOBER 24, 2016

Given their size and appetite for diversification, these gigantic investors are a significant source of financing for many companies and governments in the developed world, and their investment activities can and do move markets.

Operations 70

Operations Finance Media Financial 70

Markovitz Consulting

JUNE 26, 2017

I was at a conference for internet retailers two weeks ago and was overwhelmed by the software and hardware solutions promising to solve all their operational problems and turn their ecommerce businesses into a highly profitable, eight figure monsters. Let’s say, for example, that you invest in hand-held scanners in a warehouse.

Software 178

Software System Sales Operations 178

Tom Spencer

FEBRUARY 1, 2020

This might include advice on asset management, tax structuring, or capital structuring to reduce financing costs and sources of risk (e.g. Seeing that the nature of strategy consulting differs from the other more implementation and operational driven areas, strategy consultants generally have a different profile than their peers.

Consulting 135

Consulting Operations Financial Real Estate 135

Harvard Business

JUNE 22, 2016

They include new enterprises such as Orbian , Prime Revenue , C2FO , Taulia , and Ariba as well as new operations launched by traditional financial service firms such as Citi Group, HSBC, BNP Paribas, and Deutsche Bank. Operations in a Connected World. the supplier gets $9,959 of the $10,000). the supplier gets $9,959 of the $10,000).

Transportation 129

Transportation Finance Financial Banking 129

Steve Shu Consulting

OCTOBER 8, 2017

Management consulting projects can span diverse areas from operational to finance to marketing to strategy to IT management, etc. For example, you can see this in some of the digital agency like efforts (e.g.,investigate Are there other models? There are other modern, consultative models emerging.

Management 150

Management Consulting Methodologies McKinsey 150

Tom Spencer

JUNE 9, 2023

In the digital age, businesses are constantly seeking innovative ways to gain a competitive edge and streamline their operations. From enhancing customer experiences to optimizing decision-making processes, AI is reshaping the way businesses operate and opening up new possibilities for growth.

Data 147

Data Operations Efficiency System 147

Harvard Business

APRIL 14, 2017

For example, our survey, which asked managers of 13 functions, from sales and marketing to procurement and finance, to indicate whether their departments were using AI in 63 core areas, found AI was used most frequently in detecting and fending off computer security intrusions in the IT department. Insight Center. The Age of AI.

Company 164

Company Survey Finance Engineering 164

Harvard Business

MARCH 7, 2017

But with the departures of a number of high-level HR leaders in late 2016, head of operations Ryan Graves largely took on the head HR role in addition to his other duties. As Pete Ramstad and I note in Beyond HR , leaders often have far better developed frameworks for the value proposition of the finance function than for HR.

Recruiting 142

Recruiting Recruitment Finance Agile 142

Harvard Business

NOVEMBER 15, 2017

That’s why Alibaba and Amazon, for example, create and sprinkle autonomous cross-functional teams across their respective companies to invent and deliver products in new ways. By incorporating these disruptors into its own operations, a retailer can more easily pose challenging questions and embrace change more quickly.

Retail 128

Retail Operations Productivity Industry 128

Harvard Business

AUGUST 8, 2018

In highly cited articles in HBR , Michael Jensen, a faculty member at HBS, and arguably the most prominent agency theorist, put forth a harsh criticism of diversification as a main example of managerial opportunism at the expense of shareholders’ wealth. Let’s look at one example from our data.

Research 132

Research Education Pharmaceuticals Finance 132

CaseInterview.com

OCTOBER 23, 2021

What is said jokingly in a Harvard Business School finance class is that the most important thing you need to know about finance is to hire a CFO… from Wharton. 2) Decide which people, organizations, or employers you want to affiliate with, in part based on whether the paradigm they operate within matches your own value system.

Finance 111

Finance Culture McKinsey Operations 111

Chad Barr

JANUARY 8, 2025

” This is not just a tech milestone—it’s a harbinger of a seismic shift in how businesses operate, innovate, and grow. Finance: Predicting market trends with near-flawless accuracy. For example: Are you ready to integrate AI agents into your operations to cut costs and boost productivity and revenues?

Trends 52

Trends eBook Training Training 52

Harvard Business

AUGUST 8, 2018

For Tesla, adding more human labor to the mix means extending traditional jobs with additional responsibilities that would help ensure the smooth and efficient operation of the Alien Dreadnought. How companies are using artificial intelligence in their business operations. Adding Humans to the Mix.

Engineering 129

Engineering Training Training Analysis 129

Harvard Business

MAY 16, 2017

Example #1: Applying for a position at a much higher level than your current job title. She backed up these general statements with a specific example of “resolving unexpected issues in a timely manner.” Initiated contact with Director, staff, students, and faculty to minimize disruption of department’s operations.

Transportation 134

Transportation Real Estate Financial Operations 134

Markovitz Consulting

AUGUST 19, 2020

Here are a few areas that are probably creating lethal operational drag on the corporate ship. At this level, managers are consumed with the chaos of daily operations, and seldom have any understanding—or bandwidth—to execute on the lofty strategic goals pronounced in the C-Suite. Problem: lack of clarity around strategy.

Guidelines 140

Guidelines Operations Talent Sports 140

Harvard Business

OCTOBER 13, 2017

Think about how company income statements usually work: You start with revenue, subtract cost of goods sold (COGS) to get gross profit , subtract operating expenses to get operating profit , and then subtract taxes, interest, and everything else to get net profit. It’s a different way of looking at profit, Knight explains.

How To 134

How To Boston Consulting Group Sales Productivity 134

Harvard Business

MAY 26, 2016

Workers specialize in simple, highly routinized operations. They are incentivized to complete operations as quickly as possible. Operations in a Connected World. The initiative sought to improve manufacturing operations — to deliver high-quality products in relatively small batches and on shorter production deadlines.

Apparel 119

Apparel Development Operations Accenture 119

Harvard Business

AUGUST 3, 2018

People can be hired through the sharing economy; technology can be rented by the hour; finance can be sought for any prototype, and assets bought. Nokia during 2007-2010 was an example of a corporation with great innovation capacity. Nokia did have resources to develop a new operating system, but chose to stick with Symbian.

System 132

System Development Resources Case Studies 132

Harvard Business

AUGUST 27, 2018

They operate as lean organizations, using cloud and internet-based infrastructure, and launch and distribute products more quickly than did firms that competed with factories, warehouses, inventories, and suppliers. For example, Uber and AirBnB remain private despite having achieved valuations of double-digit billion dollars.

Company 129

Company Trends Finance Knowledge Base 129

Harvard Business

JUNE 6, 2018

I just took my company through an acquisition and found that even the smallest operational change can have a significant negative impact on both employees and customers. Maintaining quality customer experience, we found, requires a mix of expert individuals and operational processes. Insight Center. Competing in the Future.

Operations 115

Operations Culture Deloitte Accenture 115

Harvard Business

OCTOBER 17, 2018

Despite this lack of focused attention toward development of leadership capabilities in trainees, evidence suggests that leadership quality affects patients, healthcare system outcomes, and finances alike. And several programs stand out as examples of how this can be done.

Training 132

Training Training Leadership Healthcare 132

Harvard Business

OCTOBER 10, 2017

In Precision’s case, good tactical performance required developing rules, checklists, and standard operating procedures and then following them closely. A great salesperson will operate much more efficiently with a defined process for reaching out to prospects. We made a number of operational changes to the call center.

Metrics 134

Metrics Engineering Operations Sales 134

Harvard Business

MAY 14, 2018

I think each would agree that leading in the intelligence community is a daily exercise in crisis management, whether at the helm of CIA with its global analytic and operational responsibilities, or at the Office of the Director of National Intelligence with its oversight responsibilities for the entire intelligence community.

Policies 137

Policies How To Analysis Government 137

Harvard Business

APRIL 13, 2017

From self-driving cars to drones to automated business operations, this technology has the potential to enhance productivity, direct human talent on critical issues, accelerate innovation, and lower operating costs. Related Video. The Upside of Automating Part of Your Job. Machines will do the things you didn't want to do anyway.

System 114

System Training Training Video 114

Harvard Business

MAY 31, 2018

. “To prosper over time,” he argued, “companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate.” Through a well-structured operating process, partners expand and align their efforts and draw on comparative strengths.

Nonprofit 128

Nonprofit Government Company Operations 128

Harvard Business

JULY 24, 2017

So four years ago, when I was CEO of GE Capital Retail Finance and tapped to lead a mega change initiative — splitting off our unit into a new, publicly traded company, Synchrony Financial — I’ll admit I viewed it as a huge challenge. We have hired more than 5,000 new employees since beginning the effort in late 2013.)

Management 130

Management Change Management Culture Leadership 130

Harvard Business

AUGUST 2, 2018

For example, I manage the finances for a team that travels very often, and I’ve been grateful for the intelligent guesswork that my expenses software extracts from receipts using machine learning: the merchant’s name, the dollar amount spent, taxes, and likely expense categorization. Insight Center. Adopting AI.

Data 131

Data Software Tools Travel 131