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Why Do Management Consulting Firms Hire MBAs?

Steve Shu Consulting

Management consulting projects can span diverse areas from operational to finance to marketing to strategy to IT management, etc. An MBA training provide consultants with some minimum common business language, culture, methodologies, and skills that they can use in the field. plus traditional consulting roles.

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What is consulting?

Tom Spencer

Some people also call consulting a ‘talk-job’ – you go to the clients, you talk about what the ideal world scenario would be for a particular project, product or market, and your billable hours are sorted. Sales, Marketing, Production) and secondary functions (e.g. Finance, HR, Supply Chain, ICT, Legal).

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2024 Events for Project Managers, Business Leaders, and Industry Professionals

Epicflow

2024 Healthcare Project Delivery Conference January, 30-31, San Diego, USA This year’s conference will focus on implementing developments in procurement, design, financing, and O&M in healthcare projects. The participants will learn how healthcare providers overcome resource constraints and deliver new developments.

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Big Data and Machine Learning Won’t Save Us from Another Financial Crisis

Harvard Business

The financial industry has enthusiastically and profitably embraced big data and computational algorithms, emboldened by the many triumphs of machine learning. Secondly, we cannot draw comfort simply from more data and greater computing power: statistical theory shows that big data does not necessarily prevent big trouble.

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VC Stereotypes About Men and Women Aren’t Supported by Performance Data

Harvard Business

These stereotypical notions, which cast men as having traits better suited to starting successful companies, don’t hold up when compared with venture performance data from annual reports. ” “ He owns a big share of the company, and of course he wants to increase the production volume to raise the profitability and expand.”

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Government Contracts Pricing Strategy – Ten Dynamic and Synergistic Pricing Practices

Granite Leadership Strategies

Harvest cost/pricing data. It is time to break open the accounting system and harvest past performance cost and pricing data. This data is a key enabler to credible bases of estimates and proof of cost reasonableness. The data helps the pricing team to answer basic pricing questions such as: How many hours does it take?

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Subscription Businesses Are Booming. Here’s How to Value Them

Harvard Business

Previously dominated by the likes of newspapers, magazines, gyms, utilities, and telecommunications firms, more products and services are being offered to more people through subscriptions than ever before. Philippe Marion/Getty Images. The subscription business model is booming.