Steve Shu Consulting

JUNE 15, 2011

Although I’ve developed a number of blog posts addressing the practice of management consulting, I have spent little time tying things together into a framework of secret weapons of the modern consultant. A modern consultant is a professional that can work in dynamic industries, operate within multiple types of consulting organizations (e.g.,

Consulting 337

Consulting Development Analysis Leadership 337

Harvard Business

JUNE 22, 2018

Across the technology industry, subscription sales models are growing in popularity. The trend is having a big impact on sales forces. As ongoing account management activities consumed more and more sales time, new customer acquisition slowed down–and the company’s revenue growth began slowing, too.

Sales 142

Sales Guidelines Efficiency Software 142

Harvard Business

JUNE 14, 2024

Delayed and ineffective commercial integration can turn a good deal into a loser, because sales growth ultimately determines whether a merger achieves its value-creation goals. But compared to other areas of post-merger activity, the commercial engine starts late, operates uncertainly, and often runs out of gas before reaching its goals.

How To 253

How To Engineering Sales Operations 253

Harvard Business

JULY 30, 2018

Based on research for my book Sales Ex Machina: How Artificial Intelligence is Changing the World of Selling , here are five specific areas where AI algorithms can be leveraged to help your business grow by helping your sales team sell more: Price Optimization: Knowing what discount, if any, to give a client is always a tricky situation.

Sales 129

Sales Data Company Examples 129

Harvard Business

NOVEMBER 20, 2018

I’ve been using the sales funnel for 28 years, my whole career. When I started my career, the most profitable application of force was in sales. Back in the 1990s, sales reps had a lot of information, while customers had relatively little. Sales reps leveraged that information gap to create a lot of trust.

Sales 132

Sales B2C Energy Efficiency 132

Consulting Matters

AUGUST 4, 2022

Today I'm talking with Lee Cockerell, the former Executive Vice President of Operations for Walt Disney resort and currently a consultant, author, and speaker. In this episode, you'll hear: How Lee evolved as a leader by shedding defensiveness and operating in trust. Why you need to create a system to be a person of your word.

Operations 156

Operations Leadership Hotels Sports 156

Harvard Business

NOVEMBER 23, 2018

In the 2001 recession, total sales for the S&P 500 declined by 9% from its pre-recession peak to its trough 18 months later—almost a year after the recession officially ended. We’ll focus here on what the sales organization should be doing now to prepare for the next recession, with an eye toward using new digital tools.

Sales 131

Sales B2B Tools Software 131

Steve Shu Consulting

JULY 4, 2017

I wrote the following post (edited slightly here) in response to someone on Quora who indicated that they were having a hard time coping with the transition from management consulting to a startup in terms of the more experimental nature of the startup world and feeling like they were not using their past skills and knowledge.

Consulting 150

Consulting Management Sales Operations 150

Steve Shu Consulting

JULY 18, 2017

A lot of consultants fear that they will give away too much in terms of advice during the pre-sales process. Here are some thoughts on how I’ve tried to keep sales processes on track: As you are engaging the client prospect, try to envision the big picture for the solution approach to the prospect’s business problem. hours each.

Sales 150

Sales Consulting How To Meeting 150

Markovitz Consulting

DECEMBER 1, 2020

Peter Drucker once quipped that, “Much of what we call management consists of making it difficult for people to work.” Recent research from the Boston Consulting Group confirms that employees can do better work when they’re liberated from much of the bureaucratic cruft that passes for daily management. Four-hour meetings?

Boston Consulting Group 259

Boston Consulting Group Meeting Travel Productivity 259

Harvard Business

JUNE 17, 2024

Major retailers are today, most notably Amazon, are creating and operating their own advertising platforms — and they’re making millions doing it. McKinsey estimates that by 2026, retail media will add $1.3 trillion to enterprise values in the U.S. alone, with profit margins between 50% and 70%.

Retail 253

Retail Advertising McKinsey Enterprise 253

Tom Spencer

OCTOBER 25, 2024

For instance, AI-driven customer relationship management tools can automate data entry, lead scoring , content marketing, follow-up emails, and generating reports, freeing up employees to focus on more strategic activities like developing growth strategies, enhancing customer relationships, and driving innovation.

Small Business 78

Small Business Data Efficiency Tools 78

Harvard Business

SEPTEMBER 20, 2023

Managing the platform to generate sales, therefore, is about enabling the right content to reach the right viewers. In China, content-based platforms are generating a growing proportion of e-commerce, presenting a growing threat to established platforms like Alibaba and JD.com.

Retail 253

Retail Trends Sales Productivity 253

Harvard Business

FEBRUARY 8, 2018

Theories and practices of management often spring from the opportunities created by new technologies. The complex calculations of the field known as Operations Research were enabled by mainframe computing. The constant relationship between management theory and applied technology shouldn’t be too surprising.

Change Management 136

Change Management Management Software Productivity 136

Clarity Consultants

FEBRUARY 9, 2025

Strong project management skills are essential for L&D specialists to effectively plan, coordinate, and execute initiatives, ensuring all aspects of training programs are organized and aligned with business goals. Are you aiming to increase sales, improve customer satisfaction, or boost employee retention?

Metrics 147

Metrics ROI Training Training 147

Consulting Matters

OCTOBER 10, 2024

You might be wondering, “ Can I really start a consulting business or coaching practice while managing the chaos of raising young children?” Set Up Marketing, Sales, and Client Delivery for Efficiency Time is your most valuable asset, especially when you’re a parent. ” The answer is yes.

Consulting 156

Consulting How To System Efficiency 156

Tom Spencer

MAY 18, 2019

Asset managers are institutions that ‘manage money’ on behalf of certain beneficiaries. Well, asset managers aim to understand client investment objectives and invest client funds in a variety of financial products and asset classes. Major traditional asset managers include: Blackrock. Affiliated Managers.

Industry 113

Industry Real Estate Management Retail 113

CaseInterview.com

MAY 26, 2023

Management consulting is an industry that offers assistance with this kind of high-level decision-making and problem-solving. Management Consultants help businesses make strategic decisions that directly impact the entire company. What is Management Consulting A lot of people ask me, “What is management consulting exactly?”It’s

Management 105

Management Consulting Bain Deloitte 105

Harvard Business

AUGUST 31, 2018

To increase diversity at senior executive levels, more must be known about one group in particular: women of color in midlevel leadership, who successfully developed and progressed beyond individual contributor and first-line management. How did (or didn’t) managers play a role? They pursue management challenges.

Management 132

Management Leadership Culture Development 132

Harvard Business

APRIL 25, 2018

” Your interpersonal relationships with insecure employees also tend to be more complicated, says Mary Shapiro, a professor at Simmons College School of Management and the author of HBR Guide to Leading Teams. Ultimately, though, the goal is for your employee to operate more autonomously, says Burris. Clarify expectations.

Management 136

Management How To Case Study Case Studies 136

Harvard Business

NOVEMBER 16, 2018

Managers on the ground should be prepared with the following line: “I can’t give you a bribe, but I can do this, this and this, for you,” says Kent Kedl, the senior partner for Greater China and North Asia at Control Risks. “That’s enlightened management.”

Management 130

Management Ethics Government Sales 130

Steve Shu Consulting

MAY 18, 2017

Early on in my career, I was asked by the managing partner on the project to help a struggling manager to help develop their plan for the business. When I got into the weeds, the problem was essentially an operations strategy and planning project. I was later privately told that I had helped to save the manager’s job.

Consulting 150

Consulting Analysis Operations Management 150

Effective Managers

JUNE 24, 2024

Examining Practical Applications of Artificial Intelligence (AI) in Improving Business Processes Leveraging AI into business operations has become a transformative force across various industries. AI in Streamlining Operations AI technology has made significant strides in optimizing operational efficiency.

Ethics 130

Ethics Efficiency Operations ROI 130

Harvard Business

JANUARY 17, 2018

Want to know yogurt sales next week? Let’s use data on past yogurt sales. Yes, data, like oil, is used day-to-day to operate your prediction machine. Instead, the data you have now, which your company accumulated over time, is the type of data used to build the prediction machine — not operate it.

Data 136

Data Operations Training Training 136

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

Management Consulted

JANUARY 1, 2017

They often plan to operate it for a period of time; many choose to integrate the target with their current operations. If your client wants to integrate the target, is there potential for synergy, either by piggybacking one company’s strong areas onto the others to increase sales or by reducing operating costs?

Case Interview 154

Case Interview Interviews Intellectual Property Cash Flow 154

Markovitz Consulting

JANUARY 7, 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. They specifically advise managers to make their walks unpredictable, both in terms of where they go and when they go. Next week: sales incentives and volume discounts.

Operations 160

Operations Retail Resources Productivity 160

Markovitz Consulting

JANUARY 14, 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. This week I’d like to address sales incentives and volume discounts. It read the increased sales as a sign that consumers had started to like green cars, and ramped up production.

Turnaround 133

Turnaround Sales Operations Productivity 133

Epicflow

JANUARY 19, 2022

Electric Vehicles Production and Sales Will Grow. EVs are going to gain higher market shares in Europe, the United States and China and outpace ICE vehicles sales. What else should we expect in 2022? Find it out from our review of the most prominent autotrends. Autonomous Cars: Level 3 Self-Driving Private Car Becomes Available.

Automotive 246

Automotive Trends Industry System 246

Tom Spencer

APRIL 7, 2023

This article will explore some of the most notable examples of AI in consulting, including its use in market research, strategy development, and operational optimisation. AI-powered predictive models can be used to test different strategies by simulating a range of scenarios and predicting future outcomes, such sales or customer demand.

Examples 88

Examples Consulting Management Tools 88

Harvard Business

OCTOBER 10, 2017

Precision made it easy for managers to oversee their employees. Every spot on every line was visible to managers. But Bernstein and his team observed that when managers were not watching, employees secretly developed and shared better ways of doing the work. These stats were reviewed by managers every week.

Metrics 136

Metrics Engineering Operations Sales 136

Management Consulted

APRIL 2, 2017

The firm’s main capabilities include: actuarial, business & organization transformation, digital, marketing and sales, operations & technology, risk management, and strategy & value sourcing. The firm has four offices in the region: in Abu Dhabi, Doha, Dubai, and Riyadh. Roland Berger.

Oliver Wyman 160

Oliver Wyman Consulting Deloitte Real Estate 160

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. For that reason, management consultants form the vast majority in the advisory branch – more than half of all advisors can be defined as a management consultant.

Consulting 135

Consulting Operations Financial Real Estate 135

Harvard Business

OCTOBER 13, 2017

Many leaders look at profit margin, which measures the total amount by which revenue from sales exceeds costs. You might think of this as the portion of sales that helps to offset fixed costs. Variable costs are those expenses that vary with the quantity of product you produce, such as direct materials or sales commissions.

How To 136

How To Boston Consulting Group Sales Productivity 136

Harvard Business

JULY 20, 2018

In retail organizations, for example, marketing and sales has often provided significant value. Our research shows that using AI on customer data to personalize promotions can lead to a 1-2% increase in incremental sales for brick-and-mortar retailers alone. In advanced manufacturing, by contrast, operations often drive the most value.

Sales 132

Sales Data Retail Insurance 132

Harvard Business

AUGUST 30, 2018

They reached out to us because we wrote a book describing how these performance outcomes would be improved with an operating model that increases motivation.). Prior to this pilot, the operating model of the stores was focused on creating emotional and economic pressure to drive performance. Systematically manage apprenticeship.

How To 132

How To Retail Productivity Sales 132

Harvard Business

DECEMBER 11, 2019

The world’s biggest shopping day pushes the e-commerce giant to innovate, collaborate, and break down silos.

Sales 132

Sales Retail Operations Culture 132