David A Fields
APRIL 16, 2019
Before Goldilocks was eaten by the three bears (or was it the three pigs?), she fussily spotted the ideal porridge, chair and bed for herself. What’s the ideal consulting opportunity for your consulting firm? There are myriad guidelines you could apply to pinpoint your ideal consulting opportunity. For example, strategic fit, duration of project, or … Continued.
Successful Independent Consulting
APRIL 12, 2019
Negotiating is typically hard for everyone, but it’s especially tough for consultants. It’s our nature to make the client happy, so negotiating for a higher rate feels awkward. But when you’re self-employed, even the smallest increase in your rate can translate to big bucks , particularly if the rate is for a long project, or if you’re working with an ongoing client.
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CaseInterview.com
APRIL 17, 2019
For almost any professional job, applicants are required to provide a resume and cover letter to demonstrate their qualifications. Your resume is one of the most important documents during the application process, as it acts as a summary of your education, experience, and skillset. In the consulting world, your resume is even more important. The top three consulting firms — McKinsey, Bain, and BCG — have acceptance rates of less than five percent during any given year.
Consulting Matters
APRIL 9, 2019
Interview Transcript: Betsy Jordyn: Well hey there, it's Betsy Jordyn and I am so excited to interview our latest Consultants Institute grad, Dave Saliaris, who has his own consulting group that he is launching officially. So welcome. I'm so glad to have you here and I'm so glad you're willing to take the time to talk to us. Dave Saliaris: Well hi Betsy.
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Markovitz Consulting
APRIL 16, 2019
(Note: this article first appeared in Industry Week.) A recent article by Sam Walker in the Wall Street Journal argues that better managers are the key to delivering better results. Walker cites research by Gallup showing that the quality of middle managers determines 70% of the variance between high-performing and low-performing companies. Because managers can instill (or at least heighten) a sense of purpose and meaning in employees’ work, they drive the critical measure of employee engagement
Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
David A Fields
APRIL 30, 2019
Imagine your consulting firm as a palace. Ideally, frequent storms of consulting opportunities shower your spires and domes, coursing down to sustain the peasants consultants in your employ and nourish your garden of profit. Or, if your consulting firm is not a palace, then perhaps it’s a house. Or a tent. Or trullo? However you … Continued. The post Want More Rain at Your Consulting Firm?
Management Consulted
APRIL 14, 2019
McKinsey, Bain, and BCG look for specific traits in consultants. After years of working with candidates that go to MBB firms and other consulting firms, we’ve noticed something. McKinsey, Bain, and BCG look for something different in consultants than other … Continue Reading. The post McKinsey, Bain, and BCG: 3 Things They Look for in Consultants appeared first on Management Consulted.
Tom Spencer
APRIL 27, 2019
Ever feel short-changed by the amount of time you’re allowed to take off work? In some cases, individual employers are more generous than ever in looking after the well-being of their employees. But for freelancers, entrepreneurs, and small business owners the idea of taking off anything more than the occasional weekend is more fraught with panic than with the prospect of taking it easy.
Consulting Matters
APRIL 9, 2019
Interview Transcript: Betsy Jordyn: Well hey there, it's Betsy Jordyn and I am so excited to interview our latest Consultants Institute grad, Dave Saliaris, who has his own consulting group that he is launching officially. So welcome. I'm so glad to have you here and I'm so glad you're willing to take the time to talk to us. Dave Saliaris: Well hi Betsy.
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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
Rick Conlow
APRIL 22, 2019
How do you get someone to follow you? Most leaders rely on position power that comes with their job title. The presence and impact of Servant Leaders depends on their personal power. Leadership through position power involves these strategies: Domination approach. Employees are subordinate. “Do as I say!”. Fear strategies. The leader has all the answers.
Consulting Success
APRIL 15, 2019
Having a third-party vision of your business can sometimes be helpful. Having somebody that would take a step back and take a look at your company to see if you have things figured can be a way to know the holes in your business plan. That is the beauty of consulting. Former CEO of Picture Tel, Lew Jaffe, shares how consulting helped his previous company to grow.
David A Fields
APRIL 23, 2019
Let’s finish up with Goldilocks, that unrepentant trespasser, porridge thief and handy metaphor for everything “just right.” When last we left our fair-haired bear bait, she was pointing to Significance as one of the key indicators of the perfect project for your consulting firm. (See this article.) Goldi’s Five-by-Five zone consists of your prospect’s top … Continued.
Management Consulted
APRIL 9, 2019
Delta and United are two of the largest airlines in the world. The debate about which of these U.S. legacy carriers is the best airline for consultants continues to rage. To put that discussion to rest (or add some fuel … Continue Reading. The post Best Airline for Consultants: Delta or United? appeared first on Management Consulted.
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Savings Consultants are needed in today’s market more than ever. With an increase in expenses, businesses are looking for opportunities to save. Often unknown to businesses are savings in expense reduction, specialized tax savings, specialized savings including medical underpayments, health benefits cost reduction, zero cost processing, and more. Blue Coast Savings, with over 20 years in business, assists Savings Consultants in helping these companies move toward more profitable businesses.
Tom Spencer
APRIL 27, 2019
For those of you who signed a consulting offer, congrats! The hard part is over. Now there are just two more important decisions that you need to make. What start date should be requested and what should be done with the soon to be very scarce free time prior to starting? Post-graduation start-dates generally range from starting almost immediately (June) to what has colloquially been referred to as the “travel around the world” start date (early in the next calendar year).
Henry DeVries
APRIL 18, 2019
TEDx talk invitations are lost, not won. TEDx speaker and TEDx speaking coach, Frank King, shares some surefire ways to kill your chances of landing an invite to deliver a TEDx talk.
CaseInterview.com
APRIL 4, 2019
When I started at Stanford, I thought I wanted to major in Economics or Psychology. I took classes in both. The premise of economics is that people are rational. The premise of psychology is that people are not rational. I remember wondering. which field is right?!? It took me a decade later to come to the conclusion that the psychologists were right.
Consulting Success
APRIL 29, 2019
It is vital to build and maintain relationships as part of your continuous business development with your existing or potential clients. Talent development consultant Nancy Halpern’s way of doing this is by spending four or five nights out of every week taking a client out for a drink, having dinner, and staying in touch. According to Nancy, these are ways of honing your message as people enjoy getting together and spend time with people they like.
This White Paper targets opportunities for Management to develop proficiency in the Decision Framing and Analyses element of input to Decision, & Risk Analyses for Major Project Funding Decisions.
David A Fields
APRIL 2, 2019
You want your consulting firm to continuously improve and grow. The door to improvement and growth opens when you reflect on an experience, not simply from living through the event. Ergo, reflecting on every project will help your consulting firm thrive. But what, specifically, should you evaluate? Or, as sophisticated, technical consultants are trained to … Continued.
Management Consulted
APRIL 21, 2019
Consulting is known for its business travel – so much, in fact, that it’s hard to describe your work in the industry without mentioning the constant flights and hotel nights. While it’s great to rack up points and enjoy nice … Continue Reading. The post 5 Travel Hacks as a Deloitte Consultant appeared first on Management Consulted.
Tom Spencer
APRIL 20, 2019
Leadership. We are all told it is important. There are libraries worth of books written about it. Yet, more often than not, people have a hard time defining it and understanding its relevance because of its all-encompassing nature. For prospective consultants, this blog post will provide some clarity on what leadership means in a consulting context.
Henry DeVries
APRIL 16, 2019
“A brand is a promise of an experience and is directly connected to trust. It’s what your customers say when you’re not around,” says Don DiCostanzo, CEO of Pedego Electric Bikes.
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Case studies are proof of successful client relations and a verifiable product or service. They persuade buyers by highlighting your customers' experiences with your company and its solution. In sales, case studies are crucial pieces of content that can be tailored to prospects' pain points and used throughout the buyer's journey. In marketing, case studies are versatile assets for generating business, providing reusable elements for ad and social media content, website material, and marketing c
CaseInterview.com
APRIL 30, 2019
Is it possible to balance work and life as a consultant? Yes, I think it is, but you can't always manage it when you want to manage it. There are however 5 factors that can have a huge influence on your work life balance. The first factor is the culture related to your geography (both country and city). I worked in the New York Office at McKinsey and in general, people in New York work much harder than they do in other cities around the country.
Consulting Success
APRIL 22, 2019
Office relocations can draw issues especially in the productivity and engagement of employees. When Jessica Lederer found the holes in the relocation process, she knew right then she can make a change by starting a workplace strategy firm and structuring consulting offers. Jessica is now the CEO of Ingage, Inc., a business focused on helping organizations that are moving or thinking about how they can leverage their physical space better to maximize employee engagement, productivity, How To Stru
David A Fields
APRIL 9, 2019
Ron “Cherry Top” Ronson, CEO of HunkaChunk Chocolate Company, wants to hire your consulting firm to work your magic, but you’re hesitating. Why? Because you’re already busy. Beyond busy. As a firm you’re running flat out and working overtime. On one hand, you fiercely want the HunkaChunk project. Heck, you’ve been courting ol’ Cherry for … Continued.
Management Consulted
APRIL 18, 2019
Bain & Company careers are different versus competitors BCG and McKinsey. Jenny Rae explains to us, not about Bain Case Interviews like in some of our other videos, but on culture. What it’s like to work for Bain & Company. … Continue Reading. The post Bain & Company Careers vs Working at McKinsey or BCG appeared first on Management Consulted.
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Just because we're working with a distributed team doesn't mean we have to abandon time-tested tools and methods like whiteboarding. Digital look-alikes often cramp creativity and all but eliminate the humanity of shared interactions. Hardware solutions are also limiting and, of course, expensive and immobile. In an increasingly digital and remote-first world, it’s important for us to select tools and processes that allow us to mitigate if not eliminate the above problems.
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