Harvard Business

MAY 20, 2016

Facing interconnected operational issues, members of the eight-person senior leadership team were turning against one another. The head of operations chimed in: His five most recent checkouts had complained about breakfast, and the cost of compensating guests for disappointing experiences was getting out of control. Insight Center.

Operations 103

Operations Hotels Case Interview Finance 103

Harvard Business

JULY 12, 2017

While Edward Lloyd is largely credited with commercializing the insurance industry, with the creation of his namesake firm, Lloyd’s, over 330 years ago, the original concept of spreading risk (or “mutualizing”) goes back even further. Rather, they can become early adopters of the technology.

Insurance 132

Insurance Insurance Industry Balance Sheet 132

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

AUGUST 11, 2023

In the ever-evolving world of finance, where data analysis and informed decision-making are vital, the emergence of artificial intelligence has proven to be a transformative force. This article will delve deeper into four ways in which AI is reshaping the world of finance, improving data analysis, and redefining decision-making processes.

Finance 78

Finance Analysis Data Financial 78

Steve Shu Consulting

JULY 25, 2014

While some companies may be very sophisticated in their approach with behavioral economics, the broader industry is barely conscious of the power of behavioral economics (perhaps Behavioral Economics World 0.2 Execution of the operating model could include building a behavioral team, outsourcing, augmenting, or partnering.

Video 230

Video Analysis Operations Development 230

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. Governance Metrics: These assess the quality of a company’s leadership, executive compensation, and adherence to ethical standards.

Metrics 78

Metrics Ethics Government Financial 78

Tom Spencer

NOVEMBER 15, 2024

With thousands of management consultants applying to top MBA programs each year, consulting is one of the most overrepresented candidate pools, alongside finance. Entering class statistics at US M7 schools (2025) US M7 school Total class size (2025) % of consultants pre-MBA Is consulting the top pre-MBA industry?

Consulting 60

Consulting Finance Nonprofit Transportation 60

Harvard Business

MARCH 1, 2024

To do that, executives need to rediscover the concept of economic profit (EP) — that is, revenue minus not just operating and administrative costs, but also the cost of the capital needed to produce that revenue.

Strategy 250

Strategy Strategy Strategy& Operations 250

Harvard Business

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Some industries, like photography and media, were impacted earlier. The Future of Financial Services.

Financial 134

Financial Industry Banking Company 134

Management Consulted

DECEMBER 16, 2008

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. This expertise may be as broad as “operations turnaround” and as specific as “benchmarking for insurance companies.”

Banking 272

Banking Boston Consulting Group Consulting Management 272

Tom Spencer

MAY 18, 2019

The asset management industry is a steward of money provided by individuals and institutions, and manages this money in order to meet the unique return objectives of each client. Operating Margins. Operating margin is a very important metric for asset managers as it reflects how much of the fees generated are kept by the company.

Industry 113

Industry Real Estate Management Retail 113

Consulting Matters

APRIL 13, 2023

Brad had an unconventional start to his career after meeting his boss's boss while studying finance at college. During his twelve-and-a-half-year tenure, he worked in finance and strategic planning before taking over as leader of Epcot theme park on the week of 911, 2001.

Consulting 156

Consulting Finance Turnaround Healthcare 156

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. You get the idea. leading to, so that, resulting in, etc.).

Development 195

Development Turnaround How To Financial 195

Harvard Business

OCTOBER 25, 2018

The superstars tend to be more involved in global flows of trade and finance, more digitally mature, and they dominate the lists of the most valued companies, the most valued brands, the most desirable places to work, and the most innovative companies. The link between superstar firms, sectors, and cities is complex.

Industry 132

Industry Company Metrics Real Estate 132

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

Tom Spencer

APRIL 6, 2019

Even though unmanned aerial vehicles (drones) have been around for a decent amount of time, we don’t see many in the sky or many industries using them yet. This could be because of the perception that drones are expensive and only used for fun and outdoor activities. However, drones are no longer just toys. Agriculture. Image: Vogel.

Industry 104

Industry Efficiency Data Energy 104

Management Consulted

OCTOBER 3, 2012

I begged my favorite Econ teacher to let me into his Industrial Organization course and fortunately I got a spot. Half of the class was devoted to examining different models and learning the game theory behind strategic decision making; in the remainder of the class, we applied that knowledge and analyzed different industries.

Consulting 204

Consulting Case Interview Interviews Engineering 204

Harvard Business

OCTOBER 24, 2016

Innovation has the potential to transform the investment industry. 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

Harvard Business

AUGUST 5, 2016

Under this financing structure, the company contracts to buy kilowatts, not the turbines and panels. It sounds like an easy win-win, but industrial companies have had a harder time making it all work for two key reasons: costs and accounting. Manufacturers like Dow and Owens Corning are showing it can work for industrials as well.

Energy 70

Energy Industry Finance Operations 70

Harvard Business

MARCH 31, 2017

If you’re not a numbers person, finance is daunting. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score. “Finance and accounting are very simple. .” “Finance and accounting are very simple. Overcome your fears.

Finance 70

Finance Balance Sheet How To Metrics 70

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

Steve Shu Consulting

OCTOBER 8, 2017

As I see it, the traditional segment of the management consulting industry values MBAs primarily because it facilitates a plug-and-play kind of model where people are interchangeable and can start working on a broad swathe of business problems.

Management 150

Management Consulting Methodologies McKinsey 150

Chad Barr

JANUARY 8, 2025

Sam Altman, CEO of OpenAI and a driving force behind the AI tools reshaping industries, recently made a bold statement: “We are now confident we know how to build AGI (Artificial General Intelligence).” The potential applications span industries: Healthcare: Accelerating drug discovery and tailoring patient care with precision.

Trends 52

Trends eBook Training Training 52

Tom Spencer

NOVEMBER 8, 2024

In a previous article, we explored why a startup experience is a must for every young professional ( Startup Experience: A Must for Every Young Professional ), especially if your university in undergrad placed a spotlight on finance and consulting. Consequently, I concentrated my search specifically on that sector.

Transportation 78

Transportation Financial Productivity McKinsey 78

Management Consulted

JANUARY 29, 2017

The consulting industry is one of the most competitive on the planet, and there’s no shame in falling a little short this time. Here are 6 ways to prepare for consulting as you wait for the next chance to drop that resume: 1) Go work for a brand name company, but do something that is sales, operations, or strategy related.

Consulting 100

Consulting Finance Resumes Healthcare 100

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

Tom Spencer

SEPTEMBER 29, 2011

Established in 1989, Accenture operates in more than 120 countries worldwide. Founded in 1983, A&M operates in 38 cities worldwide. A&M is an independent global professional services firm which provides leadership, problem-solving and value-creation services to companies across the industry spectrum. Address: Accenture.

Oliver Wyman 107

Oliver Wyman Strategy Strategy Strategy& 107

Harvard Business

NOVEMBER 15, 2017

Few industries are being disrupted as drastically as the retail industry. The retailers left standing are those that figure out how to treat disruption as business-as-usual in an industry accustomed to slow, strategic planning. Danita Delimont/Getty Images. Insight center. The Gap Between Strategy and Execution.

Retail 129

Retail Operations Productivity Industry 129

Harvard Business

APRIL 14, 2017

The companies we surveyed – in 13 manufacturing and service industries in North America, Europe, Asia-Pacific, and Latin America – are using AI much more frequently in computer-to-computer activities and much less often to automate human activities. How it will impact business, industry, and society. Insight Center.

Company 164

Company Survey Finance Engineering 164

Harvard Business

MAY 16, 2017

You’re ready to make a career move, up to a higher level or into a different industry or an entirely new field. Initiated contact with Director, staff, students, and faculty to minimize disruption of department’s operations. Example #2: Breaking into a new industry. Equally adept at managing people and operations.

Transportation 134

Transportation Real Estate Financial Operations 134

Harvard Business

NOVEMBER 22, 2018

The past five years have seen explosive growth in “corporate green bonds” issued to finance climate-friendly projects. These results hold virtually steady even when adjusted for industry-specific performance and potentially confounding events like the announcement of equity issues, regular bond issues, or quarterly earnings.

Company 129

Company Financial Analysis Operations 129

Harvard Business

MARCH 22, 2018

Over the last decade, industries, academics, and the public sector have turned their focus toward culture and ethics in response to the financial crisis as well as misconduct at a broad range of corporations. Though my experience is in the financial sector, these lessons apply to other industries as well. naqiewei/Getty Images.

Culture 134

Culture Company Financial Banking 134

Management Consulted

JULY 2, 2017

We’ve reviewed locations, employee counts, industry focus, and reputation of multiple firms in and around the Boston area – and this article will help you make life-changing decisions. You are able to (or have to – depending on how you look at it) work with industry engineers and consultants.

Oliver Wyman 72

Oliver Wyman Mercer Consulting Deloitte 72

Harvard Business

JANUARY 2, 2017

Given the pace at which digital innovation is disrupting industries globally, it’s not surprising that most CEOs feel pressure to find and deploy the right technology as fast as their budgets will allow. Consider how General Electric arrived at the decision to develop and launch its Predix cloud-based industrial operation system.

Agile 134

Agile Data Development Industry 134

Harvard Business

AUGUST 8, 2018

Although we statistically control for many confounding factors, such as characteristics of the firm, attributes of the CEO, and industry-level factors, we can’t be sure that our results capture the exact causal effect of MBA education. In another supplementary analysis, we used the rankings of finance departments in business schools.

Research 132

Research Education Pharmaceuticals Finance 132

Management Consulted

JANUARY 20, 2014

However, after the ENRON scandal erupted, SOX restructured the consulting industry, and BearingPoint battled to find its own way in the world, the firm struggled with its independence from its Big 4 parent. Now, BearingPoint is operated as a Netherlands-based partnership which consisted of 120 partners in 14 countries throughout Europe.

BearingPoint 139

BearingPoint Interviews Oliver Wyman Capgemini 139

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. Chief finance officers increasingly question the ability of a day trader to value a digital company.

Company 130

Company Trends Finance Knowledge Base 130