Fri.Oct 13, 2023

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The McKinsey Way Summary (Book Review For Consultants)

Consulting Success

How can you — the solo consultant or small consulting firm owner — consult like the most prestigious consulting firm in the world? In this article, we’ve broken down the book The McKinsey Way to help you do exactly that. The McKinsey Way by Ethan Raisel (Background) McKinsey & Company is a consulting firm founded.

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Bank Valuation: Understanding Key Ratios and Metrics

Tom Spencer

In the previous article , we looked at how banks make money and how they must meet capital requirements. In this article, we will explore the importance of profitability ratios and valuation metrics that are crucial when analyzing banks. There are seven key profitability ratios and two valuation metrics that it is important to understand. We will examine each in turn. 1.

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When Confidence Helps Project Managers — and When It Gets Them into Trouble

Harvard Business

There’s a popular fallacy that encourages big-project managers to forge ahead as quickly as they can, on the basis that the payoffs will likely be bigger than they imagine. A careful empirical analysis of more than 2,000 big-project outcomes by the authors of this article, experts in project management and behavioral science, suggests that this is not the case — a Just-Do-It strategy ends badly 80% of the time.

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60 Seconds of Johanna’s WIP October 12, 2023

Johanna Rothman

The experiment continues. My weekly 60 seconds of some writing in progress (WIP). This one is from a short story. The post 60 Seconds of Johanna’s WIP October 12, 2023 appeared first on Johanna Rothman, Management Consultant.

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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.

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Navigating Generative AI as an Older Worker

Harvard Business

Generative AI has revolutionized the professional landscape. McKinsey’s recent findings suggest that by 2030, 30% of tasks across the U.S. economy might be automated, up from 21% before generative AI. But what does this mean for those senior professionals who have dedicated decades to developing skills in a specific field? A study from the impact of AI on the future of workforces in the European Union and U.S. explains that older workers are most exposed to AI, because AI performs tasks that bel

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Is Your Team Overworking But Underperforming?

Harvard Business

Hard work comes in two equally important forms: effort to perform and effort to improve. But too often, we only focus on the first part and become trapped in lengthy to-do lists. The author calls this the “performance zone.” When we switch our lens to include efforts to improve, entering what he calls the “learning zone,” we can get things done in ways that make us more effective.

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It could have easily gone the other way

Seth Godin Blog

It could have been way better. It could have been far worse. It’s easy to imagine that outcomes are inevitable, but they’re not. Was it your fault, or was it luck (good or bad)? If our story of the past is filled with second guesses, shame or blame, it can carry forward. Or perhaps we’ve over-sold ourselves on just how talented, hardworking and insightful we are, when in fact, we sort of got lucky.

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Making Your Products Accessible to Underserved Markets

Harvard Business

When a certain problem gets overt focus, others tend to get overlooked. Case-in-point: the Bottom of the Pyramid theory, created by Indian-American researcher and author CK Prahalad. Prahalad argued that the world’s poorest people constituted the “bottom of the pyramid” (BoP) and presented a massive opportunity for the world’s wealthiest companies. He posited that this segment was an untapped market opportunity and that companies, by developing products and services accessible to them, could cre

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Consider joining Purple Space

Seth Godin Blog

It’s not for everyone, but it might be for you. All the details are at purple.space It’s for creatives, independents, brand managers, strategists, founders, non-profit leaders and lifelong learners.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr