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AlixPartners is an international business advisory firm based in Southfield, MI known for its work in corporate turnarounds, bankruptcy assignments and restructuring. Generally regarded as turnaround market leaders, AlixPartners is doing a killer job at taking up more room in the consulting space by strategically hiring a plethora of gurus.
This Firm Profile started as an email from Sean, asking if we could write on Alvarez & Marsal, “The Turnaround Guys”. The firm’s first turnaround client was the household brand, Timex Corporation. Turnaround and Restructuring. Industries. ALVAREZ & MARSAL INTERVIEWS AND RECRUITING. Practice Areas.
Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. Industries. In fact, one of our interview coaches, Michael Hecht, used to work for The Seabury Group and now works for Delta Airlines as a member of their Skymiles team.
FTI CONSULTING INTERVIEWS & CULTURE. Compared to its peers, FTI Consulting is a youngster in the consulting industry. Luczak pioneered solutions at the intersection of law, communications and technology that affected not only the cases he was involved in, but the industry itself. FTI Consulting Chief Executive: Steve Gunby.
When the business landscape changes, how can you turnaround a failing company? Assuming this leads to successful refinancing, what should the strategy be to turnaround and save this iconic company? When faced with a broad turnaround question, it is important to ask a variety of questions to determine the source of the problem.
Because of this, we sat down with consulting veteran Lisa Bright (who is now part of the MC interview coaching team!) ” Consulting seemed like it would fit me really well because it lets you try out a lot of different industries and functions. Then, they flew me out to the Chicago office where I had my first round interview.
My company represents self-employed professionals across the country, and over the last seven years I have interviewed, coached, or worked with more than 200 independent management consultants. Translation: turnaround expert. What was the industry? The exact opposite is true. Translation: change management for IT projects.
This expertise may be as broad as “operations turnaround” and as specific as “benchmarking for insurance companies.” Consultants move on to a vast array of fields – from industry to academia, government to non-profit. We offer resume editing and interview prep. 2) Heavy team interaction.
Through historical research and many interviews, we found several ways in which early stumbles in the organic wine market created marketing problems that the industry still struggles to overcome. First, the conventional wine industry saw it as a threat. The Turnaround.
They are assigned to service areas, industry verticals, or both. Industry verticals are centered around specific industries, for example telecom and media, healthcare, industrial and consumer goods, or financial services. Then there is the type of consulting that focuses solely on a specific industry or functional area.
This may include discrete projects completed at arms length, such as due diligence on a transaction, or turnaround projects where consultants are embedded within an organisation. Student consultants, as a general rule, are unlikely to hold specific expertise on their clients’ businesses or industries.
” Little did I know that over the next 10 years I’d be part of the biggest corporate turnaround in global history. Before we would grant interviews to top executives or send out products for review, we made sure that every reporter, influencer, or analyst had a hands-on product briefing. Be hands on. Stay focused.
The challenge is that you’re competing against every individual in your industry who wants to be a high performer. You’ve not only been a great marketer in one region, but proven that you can lead marketing when you have a new team, in a turnaround situation and in a different geography. Request an interview.
The PARADE Method (tm) is an approach to answering resume-oriented job interview questions. It is an approach I developed that is tailored for answering these questions in job interviews for management consulting, as well as interviews for senior executive positions in industry. Interviewers want to know what you did.
A&M is an independent global professional services firm which provides leadership, problem-solving and value-creation services to companies across the industry spectrum. IMS is the leading provider of information services for the healthcare industry. Founded in 1983, A&M operates in 38 cities worldwide. Applied Value Group.
Alpha is a leading global provider of consulting, benchmarking and implementation services to financial institutions with a particular focus on the asset and wealth management industries and the companies that service them. A&M specialises in turnaround and interim management, performance management and business advisory services.
In order to perform industrial espionage a person of the consultant’s sexual partner preference is introduced. For instance, the interviewer in a pod cast asks how you accomplished a turnaround for a client or what process was used to save multiple clients. Ego boosting events These can take on many guises.
CanadaCo, the largest discount retailer in Canada, currently holds the dominant market share in the industry. Turnarounds. Assuming RadioShack averts bankruptcy and achieves a successful refinancing, what should the strategy be to turnaround and save this iconic company? How can it achieve its savings target?
Volvo’s turnaround over the last decade offers a great example. “Technically, cars today are very different from ten years ago,” says Sällström, whom we interviewed for our book, Talent Wins. To get the skills and change agents it needed, Volvo looked outside the automotive industry.
The research involved conducting and coding 88 in-depth behavioral event interviews of leading change with 65 leaders, spread across multiple industries and from across five continents. One CEO I interviewed, the leader of an international charity, went much further. Another executive I interviewed reflected on this.
Based on my interviews, reported response rates averaged from 60% to 80%, with some campaigns actually hitting 100%. Share other cases in which you’ve helped companies in their industry gain new competitive advantages, but never start the meeting assuming your offer is right for them. Do You Really Need to Hold That Meeting?
Different industries need to test different skills and therefore depending on whether you’re applying to management consultancies, strategy consultancies or investment banking, your case study will be slightly different. Operational Cases: Operations Case, Increasing Sales, Reducing Costs, Improving the Bottom Line, Turnarounds.
I’ve interviewed thousands of candidates for managerial roles and tracked the performance of those I successfully hired. This company, which stretched into all sorts of industries and markets, offering numerous strategic challenges, should have been an ideal training ground for executives.
We interviewed roughly 30 LCPs to get a sense of how this new role is shaping up. Increasingly, in addition to the standard interviews and team meetings conducted by deal teams, PEs are conducting more sophisticated, data-driven evaluations of a target’s leadership and culture risks and opportunities.
” Bertolini and his team studied the industry and concluded that a reasonable target was no more than 6% EPS. He developed a three-year plan for his turnaround vision, which was translated into annual and quarterly operating plans, and biquarterly responsibilities for his executive team. Has something changed?’
And on the rare occasions when you do land an interview, you stumble over questions about what you’d bring to the hiring company and why you’re the perfect fit. So how can you make your resume, profile, and interview more effective? How to Get the Most Out of an Informational Interview. Interviews.
” The tech industry’s combination of high-velocity competition, complexity, global talent, and interdependence among rivals makes it a truly unique environment, requiring a distinct set of leadership skills. We then interviewed more than a dozen U.S. A tenure of two years makes you an “old-timer.”
Since 2009 we have interviewed and surveyed 181 executives who run PE-owned companies, as well as eight to 15 people who work with each of these 181 executives (supervisors, board members, director reports, and others). This July Founders Equity sold OSI to Jordan Industries. In fact, management consultancy Bain & Co.
Every monthly plan comes with unlimited podcast hosting with Buzzsprout and a guaranteed 48-hour turnaround time. Cashflow Podcasting | $1,199 per month Cashflow Podcasting offers premium podcast partner and production packages and comes highly recommended by some of the industry's top podcasters.
In the case interview process for McKinsey, one of the early evaluations is “Solve,” McKinsey’s digital assessment game (formerly called the McKinsey Problem Solving Game). You’re provided a history of all pricing changes from all companies in the industry (including your client).
We then conducted a series of in-depth individual interviews, delving into pivotal experiences in their personal history and career progression, and using Korn Ferry’s executive online assessment to measure key personality traits and drivers that had an impact. Women could be ready for the CEO role sooner. But what else did you do?
A one-stop turnaround plan, Conquer the Chaos lays out a complete path to make your business run smoothly and provide you with the freedom you desire. Gary spent years building his family business from a local wine shop into a national industry leader. But take heart! Conquer the Chaos shows you how.
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