Trending Articles

Power Can Corrupt Leaders. Compassion Can Save Them

Harvard Business

Andrew Nguyen/HBR Staff. In 2016 John Stumpf, then the CEO of Wells Fargo, was called before Congress to explain a massive scandal. For more than four hours, Stumpf fielded a range of questions about why the bank, which had over $1.8 trillion in assets, had created 2 million false accounts, and, after the fraud was discovered, fired 5,300 employees as a way of redirecting the blame.

Looking for seekers (who are looking for you)

Seth Godin Blog

"Don't go to the supermarket when you're hungry.". The reason is obvious--when you're hungry, you're likely to buy things. The risk is that you'll buy something you don't need, because, of course, all that buying isn't actually making you less hungry.

How to Capitalize on Your Consulting Talents

David A Fields

One of the huge perks of independent consulting is that you can operate from anywhere. Even if you’re steering a sizable boutique, it’s fairly easy to jaunt off to Italy or India or Indiana for a month. The indisputably best location for you has nothing to do with geography, though.

Strategic Management in 20 Icons

Consultants Mind

The post Strategic Management in 20 Icons appeared first on Consultant's Mind. Learning Education Strategy

How to Banish Bad Habits from Your Company

Strategy+Business

Bad habits may be so ingrained in a company that its leaders may not spot them. And that is a challenge for any company hoping to deal with disruption

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US stock: 8 great years, now rising rates

Consultants Mind

The post US stock: 8 great years, now rising rates appeared first on Consultant's Mind. Learning Investment

Alexa, What's Going on with Healthcare?

Strategy+Business

As large companies join forces to tackle healthcare, they will accelerate innovation and disruption in the broader industry

The rise and rise of private equity

McKinsey

Our annual private markets review showed the market scaling in 2017. The way limited partners and general partners respond to the opportunities that arise will be critical to their success. Our Insights

1 in 5 Highly Engaged Employees Is at Risk of Burnout

Harvard Business

Paul Reid/Getty Images. Dorothea loved her new workplace and was highly motivated to perform. Her managers were delighted with her high engagement, professionalism, and dedication. She worked long hours to ensure that her staff was properly managed, that her deadlines were met, and that her team’s work was nothing short of outstanding.

9 “Whys” Every Consultant Should Master

David A Fields

As a consultant and leader of a consulting firm, inquiry is your most powerful tool. Last week’s article drew from toddlers’ propensity to say No. Consultants can learn even more from little tykes. Children are inquisition machines, pestering their parents and teachers with scores of questions every day. Kids’ insatiable curiosity and their innate understanding [ ] Consultants Consulting

Tools 59

Deloitte interviews Thomas Friedman: The Future of Work

Consultants Mind

Just read a 5,000 word interview with Thomas Friedman here. To say that I am a Friedman fan, would be an understatement. The Pulitzer Prize winning author is beyond wise. Lexus and the Olive Tree and The World is Flat (affiliate links) are incredibly important books. 5 Stars.

Can Aerospace and Defense Companies Meet Their Great Expectations?

Strategy+Business

To meet investors' expectations for profitable growth, Aerospace & Defense companies will have to change strategy. Instead of returning capital to shareholders through stock buybacks and dividends, they will have to invest aggressively in profitable growth initiatives.

Agile 21

Is Your Leadership Fostering Loyalty?

Peter Stark

No one would argue that loyalty, like trust, are essential elements to leadership. But, loyalty, and trust, are a lot like motivation in a way. You can’t make someone trust you or be loyal to you, nor can you motivate someone. These elements are internally generated for employees.

If You’re So Successful, Why Are You Still Working 70 Hours a Week?

Harvard Business

Jena Ardell/Getty Images. “I really became a robot,” a manager at an accounting firm explained. She and her colleagues worked extraordinarily long hours, but, she said, “I thought it was normal. It’s like brainwashing. You are in a kind of mental system where you are under increasing demands, and you say to yourself that it doesn’t matter, that you will rest afterwards, but that moment never comes.”

Boosting your sales ROI: How digital and analytics can drive new performance and growth

McKinsey

Successful sales leaders use four principles to tailor digital and analytical tools to their companies’ unique needs. Our Insights

Tools 20

Davos: Get the skills to be able to change your skills

Consultants Mind

The post Davos: Get the skills to be able to change your skills appeared first on Consultant's Mind. Learning Bain Education

The Need for Digital Know-How Starts at the Top

Strategy+Business

Your entire organization needs the right skills to make the most of the digital future and its emerging technologies -- and that begins with your senior leaders

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Employee Satisfaction Misses the Mark

Peter Stark

For twenty-six years, we have conducted Employee Opinion and Employee Engagement Surveys. We have never conducted an Employee Satisfaction Survey. We learned early on that you can have satisfied and happy employees and lead a company right out of business. What would make an employee satisfied?

The Most Successful Brands Focus on Users — Not Buyers

Harvard Business

Ilka & Franz/Getty Images. What makes a brand successful in the digital age? A joint study by SAP, Siegel+Gale, and Shift Thinking suggests that digital brands don’t just do things differently; they also think differently. Where traditional brands focus on positioning their brands in the minds of their customers, digital brands focus on positioning their brands in the lives of their customers.

B2C 20

How the implementation of organizational change is evolving

McKinsey

Digital solutions pose new and unique challenges to the implementation of major change efforts. But the capabilities that support better outcomes remain as critical as ever, a new survey shows. Our Insights

The best advice I ever got

Consultants Mind

Today I found an old Fortunte magazine on my shelf dated March 2005. Warren Buffet is on the cover – looking a good 13+ years younger – and the title proclaims: “The best advice I ever got.” Perhaps this had more significance to me because I was wrapping up my MBA and about to start full-time at Deloitte, […]. The post The best advice I ever got appeared first on Consultant's Mind. Learning

How to Harness Employees' Emotional Energy

Strategy+Business

Fuel success by linking a company's strategic goals to the reasons people are proud to work there. See also "How Emotional Energy Drives Employees to Excel

5 Questions to ask when deciding between consulting offers

Management Consulted

It’s that time of year again. February: the month of the sell weekend. Many of you have received multiple incredible offers, but how do you decide which firm is the right fit for you? We’ve been through the process before, … Continued. The post 5 Questions to ask when deciding between consulting offers appeared first on Management Consulted. consulting recruiting

You Don’t Have to Be a Data Scientist to Fill This Must-Have Analytics Role

Harvard Business

Artur Debat/Getty Images. It’s no secret that organizations have been increasingly turning to advanced analytics and artificial intelligence (AI) to improve decision making across business processes—from research and design to supply chain and risk management. Along the way, there’s been plenty of literature and executive hand-wringing over hiring and deploying ever-scarce data scientists to make this happen.

Agile 20

What motivates you to take action?

Seth Godin Blog

School taught us to answer a simple question, “ will this be on the test? ” If the answer is no, we’ve got no time for it. Work taught us to fear the boss and the review and our performance ranking.

Film 11

Why roses? They’re the toughest

Consultants Mind

Happy Valentine’s. For those of you who gave / received roses, bravo. Life is short, enjoy. Indulge yourself and make others happy. So do you know why roses are so popular? B2C: It’s the epitome of beautiful and elegance. It’s what people want B2B: They can survive international shipment For those impatient readers, I’ll cut […]. The post Why roses? They’re the toughest appeared first on Consultant's Mind. Fun Trivia

B2C 17

The Legacy of IKEA Founder Ingvar Kamprad

Strategy+Business

He understood that everything a company sells -- and everything its customers do -- should contribute to the experience

Strategy to beat the odds

McKinsey

If you internalize the real odds of strategy, you can tame its social side and make big moves. Our Insights

To Change Someone’s Mind, Stop Talking and Listen

Harvard Business

Colormos/Getty Images. Samar Minallah Khan, the feminist Pakistani anthropologist and filmmaker, was enraged. Local tribal leaders were trading little girls as compensation for their male family members’ crimes. These leaders, responsible for settling legal disputes in their villages, act as local judges. A longstanding practice was to address major crimes by “compensating” a harmed family with a daughter of the family doing the harm.

The first law of organizational thermodynamics

Seth Godin Blog

Energy is either created or destroyed. Newton was right about physics , but in organizations and cultures, the opposite is true. You're either the person who creates energy. Or you're the one who destroys it. You might be the one who initiates projects, who asks, "what if?"

The 4th Industrial Revolution: Avoiding Vanity Innovations

Tandem Consulting

The Technology Revolution is coming – but don’t embrace everything. When I grew up, AI stood for artificial insemination. Something to do with cows. No more. Now A rtificial I ntelligence is slowly moving across a continuum from assistive to augmented towards autonomous.

The Few Winners from Medicaid's Shift to Managed Care

Strategy+Business

Medicaid, the massive U.S. government health program that covers 75 million people, is shifting from its traditional fee-for-service model to a managed care model. Given the pressures on managed care organizations (MCOs) -- health plans managed by private companies that provide care for 65 percent of Medicaid beneficiaries -- a winner-take-all scenario is likely to develop.

Five Fifty: Strategy vs execution

McKinsey

Which matters more—great strategy or great execution? New research finds that strategy wins, especially disruptive strategies that respond powerfully to digitization. Our Insights

8 Questions to Ask Someone Other Than “What Do You Do?”

Harvard Business

Grant Faint/Hayon Thapaliya/Getty Images. We’ve all been in the awkward situation of meeting someone new and having to build rapport quickly — at networking events, industry conferences, charity events, dinner parties, and other social-professional situations. If you’re like many people — especially most Americans — you break the awkward silence with a pretty standard question: “So, what do you do?”