Consulting Success
JUNE 16, 2023
As a solo consultant or consulting business owner, do you often feel like there are never enough hours in the day? It’s common to feel overwhelmed by the amount of client work on your plate. As a result, it’s often business development gets neglected. And this leads to significant peaks and troughs in the pipeline.
Tom Spencer
JUNE 16, 2023
As technology changes the business environment at an increasing rate, established companies have become increasingly innovative. Despite their best efforts, however, large companies are often unable to keep up with technological change due to bureaucracy, legacy systems, pre-existing business models, institutional inertia, and financial constraints.
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Harvard Business
JUNE 16, 2023
With accurate player-availability predictions for all active players, AI-powered decision-making is dramatically improved around three dimensions: 1) Risk management: If a productive wide-receiver is likely to get hurt, for example, a team might invest more in talented backups, to minimize drop-off in team performance during injury. 2) Training and targeted interventions: If AI suggests a player is injury-prone, teams can target that player with customized training, nutrition, or other regimens
Tom Spencer
JUNE 16, 2023
There are generally two main approaches to solving problems in consulting, namely the: Investigative / data-based approach, and Hypothesis-based approach. The investigative approach is appropriate when the opportunity is well-defined, repetitive, and standardized, or where the solution is clear from the beginning. Progress is made by employing technical and subject matter expertise to drive towards the solution.
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Harvard Business
JUNE 16, 2023
Originally, ageism was understood to be prejudice, stereotypes, and discriminatory behavior targeted at older employees. But with an increasingly diverse and multigenerational workforce, age bias now occurs across the career life cycle — especially for women. “Youngism” refers to ageism toward younger adults, fueled by the conflation of age with maturity and the misperception that tenure is required for competency.
Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
Harvard Business
JUNE 16, 2023
All too often innovations — including new products, new HR policies to attract and retain talent, and new production processes —developed in one part of a business stay there. Other groups that could benefit from them don’t know they exist. This leads to lost revenues and higher costs, since teams around the world often end up duplicating (or triplicating, or quadruplicating) investments in solving common problems.
Seth Godin Blog
JUNE 16, 2023
We often see problems through the lens that we’re used to using. The banker sees a solution around money, the activist might see an opportunity for social justice. The technologist figures that a computer and more data might help, and the bureaucrat is looking for a system to put into place. If a lens is working, that’s terrific. If it’s not, perhaps there’s a mismatch between the tool we’re used to and the one that will actually work.
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