Consulting Success

OCTOBER 6, 2023

Assessing project and/or client profitability is a common challenge for many consulting firms. And if you’re not doing it right (or at all) your engagements could start showing symptoms of overruns, timeline/cost issues, and unhappy stakeholders across the board. Project Accounting and other similar methodologies can provide the necessary insights to get your engagements under.

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Consulting Methodologies Financial Strategy& 182

Tom Spencer

OCTOBER 6, 2023

How do banks make money? Where does this money ultimately go? What is a bank really worth? In this 2-part series, we will address these questions. Firstly, by outlining the major items on a bank’s income statement, and then by discussing key ratios that are commonly used to measure profitability and to estimate the market value for banks. Bank’s Income Statement It’s important to note that banks have diverse product offerings and client types, and the reporting of business lines such as re

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Banking Balance Sheet Operations Financial 88

Harvard Business

OCTOBER 6, 2023

The future of work will not be determined by technology, but by creating the right mix of education, exposure, and experience needed to develop skills and put them to work, creating a vastly more productive workplace and economy. In this article, the authors recommend a “70/20/10” learning model, in which only 10% of learning comes from formal instruction (education), 20% from social learning or mentorship (exposure), and 70% from hands-on, experiential practice with feedback (experience).

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Development Education Productivity 100

Johanna Rothman

OCTOBER 6, 2023

My weekly 60 seconds of WIP: This one is also from the project lifecycles book. The post 60 Seconds of WIP, October 5, 2023 appeared first on Johanna Rothman, Management Consultant.

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Consulting Management Agile Culture 86

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Harvard Business

OCTOBER 6, 2023

Traditional job descriptions can’t keep up with the rate of change in real roles in today’s organizations. As new technologies disrupt processes and require new skills, and as companies are moving toward more and more project-based work, we are beginning to see the evolution of job descriptions away from static, holistic prescriptions that follow an employee for years to dynamic guidance that changes based on needs.

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Company Recruitment Recruiting Policies 91

Harvard Business

OCTOBER 6, 2023

Managers tend to think about liquidity as a finance issue, but in face the behaviors of the sales and operations team — and how they communicate and work together — can have a direct affect on a company’s cash position. To improve this working relationship, focus on aligning the teams, improving the quality of forecasts, map forecasts to the supply chain, and optimize for profitability rather than predictability.

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Cash Flow Marketing Company Finance 80

Alan Weiss

OCTOBER 6, 2023

Using someone else’s quote at the beginning of each chapter makes it appear that your points require an expert’s credibility, which you don’t have. If your book has no index, it’s obviously self-published, and not with much care. Dozens of testimonials are, well, a dime a dozen. You’re not a “best-selling author” because your book, sold a couple of thousand copies.

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Consulting 52

Harvard Business

OCTOBER 6, 2023

Will the DEI policy you’re about to implement actually hurt some of the people you’re trying to help? New research on this question shows that, yes, this can happen if you fail to take a systems-level view — but the good news is there are three key ways to avoid unintended consequences. First, consider subgroups. Think about variation within the group of people the policy is aimed at helping; for example, whether the experiences of most women employees might differ from women managers.

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Policies How To Groups System 72

Seth Godin Blog

OCTOBER 6, 2023

If you throw a bucket of water on a small campfire, you’ll succeed in putting it out. Pour a bucketful of sake into one of those little glasses and you’ll waste most of it and ruin the table setting. And try to use a bucket to refill a dried-out lake and not much will happen. Relativity is everywhere we look. If you put in eight hours on a ten-hour project, you’ll fail.

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Management Tools Resources Marketing 41

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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

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1 to 1

OCTOBER 6, 2023

What do music festivals, real estate developers, and the Caribbean island of Anguilla have in common? They all have been greatly impacted by the explosion of generative AI, with no signs of slowing down. They are part of the AI long tail, where the technology’s explosive growth reverberates and ripples in unexpected ways. And they are just some examples shared by AI experts and practitioners at the recent GAI World conference in Boston.

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Real Estate Conference Enterprise Tools 26