INDUSTRY INSIGHTS YOUR PEERS ARE READING
Three Images/Getty Images. Companies increasingly use digital technologies to circumvent distributors and enter into direct relationships with their end-users. These relationships can create efficient new sales channels and powerful feedback mechanisms or unlock entirely new business models. MORE
Digitization, data, better education, and improved infrastructure will fuel growth across Africa, according to Sim Tshabalala, CEO of Standard Bank. He is cautiously optimistic about South Africa's future, despite governance challenges. Tshabalala, who grew up during apartheid, now runs South Africa's largest bank. His motto: "In God we trust; everybody else bring data MORE
Highlights from articles this year show the progress that has been made in reinventing the insurance landscape—and suggest more disruption to come. Insights on Financial Services MORE
The boss in a factory relies on compliance. More compliance leads to more profits. Do what you’re told, faster and cheaper, repeat. This is the history of the twentieth century. The studio, on the other hand, is about initiative. Creativity, sure, but mostly the initiative to make a new thing, a better thing, a process that leads to better. It’s peer to peer. The hierarchy is mostly gone, because the tasks can be outsourced. So all that’s left is leadership. MORE
A successful digital transformation means a lot more than new technology. You need to go all in, for the long haul. Digital Insights MORE
Organizational leaders should revisit and re-evaluate their strategic plan annually, or even more frequently if the organization has significant ongoing change or there is a major event – such as a merger or acquisition. Why Revisit Your Strategic Plan. As the organization changes internally or is impacted by changes externally – it grows, new talent [.]. The post Revisit Your Strategic Plan appeared first on Gina Abudi. MORE
Anthony Lee/Getty Images. As a leader, much of what you do is relatively forgettable. We don’t mean to insult, but your routine actions on routine days are experienced by your direct reports as, well, routine. MORE
Do you remember the stock market crash of 2008? On Monday, September 29, 2008. The Dow Jones Industrial Average fell 777.68 points in intra-day trading. Until 2018, it was the largest point drop in history. It plummeted because Congress rejected the bank bailout bill. But this didn’t just happen out of nowhere, there was a very clear warning. On Monday, September 15, 2008, Lehman Brothers declared bankruptcy. The Dow dropped 504.48 points. MORE
The combination of six global megatrends is increasing the stress on Europe’s inclusive growth and the EU social contract. Europe MORE
Marcus Franzen/Getty Images. Attending a conference is a whir of activity — flying to a destination, engaging in several days of nonstop networking, and coming home to an inbox that has spiraled out of control in your absence. MORE
First impression is really about human communication and how you can use your own behavior and body language to influence and persuade people. MORE
When it comes to recruiting the three big criteria are: networking, application package (cover letter, resume, and transcript), and interview. Even after you get a job, networking is still one of the most essential life skills to have. MORE
Does a hospital really need a branding strategy? If you had asked that exact question 15-25 years ago most hospital administrators would have said: “No.” That was arguably because patients were going to their nearest hospital not necessarily choosing a specific location. MORE
News and notes for independent professionals and their clients. This is the December 17, 2018 edition MORE
As logistics goes digital, profound changes are coming to industry structure, operations, and profits. In the first of a series, we examine the impact of autonomous trucks. Insights on Travel, Transport & Logistics MORE
Gemma Escribano/EyeEm/Getty Images. Research generally shows that having friends at work can increase productivity and engagement. MORE
This collection of some of our most-read articles of the year explores the many ways that organizations must progress to capture value from advanced technologies. Digital Insights MORE
Tim Macpherson/Getty Images. It’s normal to underperform on occasion. After all, everyone has an off quarter — or even an off year — from time to time. But don’t just sit back and wait for that painful performance review. MORE
The title of Art Smalley’s new book, Four Types of Problems , is misleading. It doesn’t actually address four types of problems. Rather, it covers four types of problem solving. In that regards, it’s an excellent reference book that belongs on every bookshelf. Smalley starts with the hoariest example of root cause problem solving: the machine tool that stops working because of insufficient lubrication. MORE
For millions of years, we’ve evolved to live in community. Our brains, which are hugely expensive to maintain, got bigger and bigger, primarily to support our ability to engage with others. It’s not simply a useful way to pass the time–it’s a survival tool like no other. And so we got very good at reading body language. At detecting threats. At finding friends and avoiding strangers. MORE
We’re taking a short break from new episodes of the Leadership Vision Podcast where we share our expertise in the discovery, practice, and implementation of CliftonStrengths. MORE
You probably spend more time working as a consultant than you spend in any other role in your life right now. Holey shmoley. Can that be true? MORE
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African Leadership Academy cofounder Fred Swaniker explains why companies should invest in people and harness technology to take on the continent’s big challenges. Middle East and Africa MORE
From books to website content to social media posts, people need to write if they want to attract high-paying clients. The best way to attract high-paying clients is to write and to speak MORE
When you’re in a conflict with someone else, you want to clearly define your goal. Are you trying to “win” the conflict, or to “resolve” it? Although the words seem similar enough to be interchangeable, they couldn’t be more different. When you “win” a conflict, you get the outcome that you want without regard to what the other person gets and how they feel about the process. When you “resolve” a conflict, you get a solution that you and the other person can both live with. MORE
Doing the Greenback Boogie: Switching from Consulting to Private Equity Private Equity (PE) funds represent some of the most lucrative players in the business world. It’s not uncommon for total comp in PE to go into the seven figures once … Continue Reading. MORE
As the American health system continues to find ways to improve care and do so at a lower cost, one of the most costly aspects for the healthcare industry is high administrative costs due to low healthcare literacy. MORE
As a prelude to the elections there was a story on the morning radio the other day about an elected official either convicted or about to plead guilty on three charges. Voters (supporters) said they’d vote for him anyway because a crooked member of their party was better than anybody from the other party. MORE
The speed and scale at which countries around the world are announcing changes to their indirect tax systems -- value-added tax (VAT), general sales tax (GST), customs duties, and excise taxes -- are giving even the biggest and best-resourced businesses a serious headache. MORE
Reached out to readers of the ConsultantsMind blog and asked what they recommend for students on winter break. Here’s a list of books and podcasts. Using first name initial, title, and any other words they might have shared. Caveat: affiliate links. E, Strategy Consulting How Will You Measure Your Life, by Clayton Christensen The […]. The post Winter reading list 2018 appeared first on Consultant's Mind. Learning Reading MORE
Get ready for the Christmas Break. Should you use your holidays for a well-earned break or use the opportunity for continuous improvement? For me the question poses a false dichotomy as the two ideas combine perfectly. MORE
This is not my “normal” Wednesday morning post. But I guarantee the information is just as useful. You know that “people don’t plan to fail, they fail to plan” saying? MORE
Leaving your consulting business to spend time with your family or friends in some other part of the world seems an inconceivable idea, most especially if you are the type who worries about their business constantly. Learn how to be able to do just that. MORE
What are you doing to ensure customer success? A happy customer is a loyal customer. And a loyal customer is a profitable customer MORE
Markovitz Consulting
DECEMBER 17, 2018
The title of Art Smalley’s new book, Four Types of Problems , is misleading. It doesn’t actually address four types of problems. Rather, it covers four types of problem solving. In that regards, it’s an excellent reference book that belongs on every bookshelf. Smalley starts with the hoariest example of root cause problem solving: the machine tool that stops working because of insufficient lubrication.
Consultants Mind
DECEMBER 16, 2018
Reached out to readers of the ConsultantsMind blog and asked what they recommend for students on winter break. Here’s a list of books and podcasts. Using first name initial, title, and any other words they might have shared. Caveat: affiliate links. E, Strategy Consulting How Will You Measure Your Life, by Clayton Christensen The […]. The post Winter reading list 2018 appeared first on Consultant's Mind. Learning Reading
David A Fields
DECEMBER 11, 2018
You probably spend more time working as a consultant than you spend in any other role in your life right now. Holey shmoley. Can that be true?
Consulting Success
DECEMBER 17, 2018
First impression is really about human communication and how you can use your own behavior and body language to influence and persuade people.
Management Consulted
DECEMBER 16, 2018
Doing the Greenback Boogie: Switching from Consulting to Private Equity Private Equity (PE) funds represent some of the most lucrative players in the business world. It’s not uncommon for total comp in PE to go into the seven figures once … Continue Reading.
McKinsey
DECEMBER 14, 2018
African Leadership Academy cofounder Fred Swaniker explains why companies should invest in people and harness technology to take on the continent’s big challenges. Middle East and Africa
Tom Spencer
DECEMBER 15, 2018
When it comes to recruiting the three big criteria are: networking, application package (cover letter, resume, and transcript), and interview. Even after you get a job, networking is still one of the most essential life skills to have.
Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
Consulting Success
DECEMBER 13, 2018
Leaving your consulting business to spend time with your family or friends in some other part of the world seems an inconceivable idea, most especially if you are the type who worries about their business constantly. Learn how to be able to do just that.
The More Clients Blog
DECEMBER 17, 2018
Do you remember the stock market crash of 2008? On Monday, September 29, 2008. The Dow Jones Industrial Average fell 777.68 points in intra-day trading. Until 2018, it was the largest point drop in history. It plummeted because Congress rejected the bank bailout bill. But this didn’t just happen out of nowhere, there was a very clear warning. On Monday, September 15, 2008, Lehman Brothers declared bankruptcy. The Dow dropped 504.48 points.
McKinsey
DECEMBER 11, 2018
As logistics goes digital, profound changes are coming to industry structure, operations, and profits. In the first of a series, we examine the impact of autonomous trucks. Insights on Travel, Transport & Logistics
Tom Spencer
DECEMBER 15, 2018
As the American health system continues to find ways to improve care and do so at a lower cost, one of the most costly aspects for the healthcare industry is high administrative costs due to low healthcare literacy.
Rod Burkert
DECEMBER 11, 2018
This is not my “normal” Wednesday morning post. But I guarantee the information is just as useful. You know that “people don’t plan to fail, they fail to plan” saying?
Harvard Business
DECEMBER 17, 2018
Anthony Lee/Getty Images. As a leader, much of what you do is relatively forgettable. We don’t mean to insult, but your routine actions on routine days are experienced by your direct reports as, well, routine.
CaseInterview.com
DECEMBER 14, 2018
When you’re in a conflict with someone else, you want to clearly define your goal. Are you trying to “win” the conflict, or to “resolve” it? Although the words seem similar enough to be interchangeable, they couldn’t be more different. When you “win” a conflict, you get the outcome that you want without regard to what the other person gets and how they feel about the process. When you “resolve” a conflict, you get a solution that you and the other person can both live with.
McKinsey
DECEMBER 13, 2018
The combination of six global megatrends is increasing the stress on Europe’s inclusive growth and the EU social contract. Europe
Tom Spencer
DECEMBER 15, 2018
Does a hospital really need a branding strategy? If you had asked that exact question 15-25 years ago most hospital administrators would have said: “No.” That was arguably because patients were going to their nearest hospital not necessarily choosing a specific location.
Strategy+Business
DECEMBER 16, 2018
The speed and scale at which countries around the world are announcing changes to their indirect tax systems -- value-added tax (VAT), general sales tax (GST), customs duties, and excise taxes -- are giving even the biggest and best-resourced businesses a serious headache.
Harvard Business
DECEMBER 17, 2018
Gemma Escribano/EyeEm/Getty Images. Research generally shows that having friends at work can increase productivity and engagement.
Martinka Consulting
DECEMBER 12, 2018
As a prelude to the elections there was a story on the morning radio the other day about an elected official either convicted or about to plead guilty on three charges. Voters (supporters) said they’d vote for him anyway because a crooked member of their party was better than anybody from the other party.
McKinsey
DECEMBER 13, 2018
Incumbent companies are finding they have strong hands to play as competition intensifies. Digital Insights
Henry DeVries
DECEMBER 12, 2018
What are you doing to ensure customer success? A happy customer is a loyal customer. And a loyal customer is a profitable customer
Seth Godin Blog
DECEMBER 14, 2018
The people who get you. The ones who have been through it with you. Who see you. Our life is a series of cohorts, and the special ones connect with us deeply. They raise the bar and they provide a foundation for what’s next.
Harvard Business
DECEMBER 14, 2018
Three Images/Getty Images. Companies increasingly use digital technologies to circumvent distributors and enter into direct relationships with their end-users. These relationships can create efficient new sales channels and powerful feedback mechanisms or unlock entirely new business models.
Gina Abudi
DECEMBER 12, 2018
Organizational leaders should revisit and re-evaluate their strategic plan annually, or even more frequently if the organization has significant ongoing change or there is a major event – such as a merger or acquisition. Why Revisit Your Strategic Plan. As the organization changes internally or is impacted by changes externally – it grows, new talent [.]. The post Revisit Your Strategic Plan appeared first on Gina Abudi.
McKinsey
DECEMBER 15, 2018
A successful digital transformation means a lot more than new technology. You need to go all in, for the long haul. Digital Insights
Henry DeVries
DECEMBER 11, 2018
From books to website content to social media posts, people need to write if they want to attract high-paying clients. The best way to attract high-paying clients is to write and to speak
Seth Godin Blog
DECEMBER 17, 2018
For millions of years, we’ve evolved to live in community. Our brains, which are hugely expensive to maintain, got bigger and bigger, primarily to support our ability to engage with others. It’s not simply a useful way to pass the time–it’s a survival tool like no other. And so we got very good at reading body language. At detecting threats. At finding friends and avoiding strangers.
Harvard Business
DECEMBER 14, 2018
Tim Macpherson/Getty Images. It’s normal to underperform on occasion. After all, everyone has an off quarter — or even an off year — from time to time. But don’t just sit back and wait for that painful performance review.
Leadership Vision Consulting
DECEMBER 16, 2018
We’re taking a short break from new episodes of the Leadership Vision Podcast where we share our expertise in the discovery, practice, and implementation of CliftonStrengths.
McKinsey
DECEMBER 15, 2018
This collection of some of our most-read articles of the year explores the many ways that organizations must progress to capture value from advanced technologies. Digital Insights
MBO Partners
DECEMBER 16, 2018
News and notes for independent professionals and their clients. This is the December 17, 2018 edition
Seth Godin Blog
DECEMBER 15, 2018
The boss in a factory relies on compliance. More compliance leads to more profits. Do what you’re told, faster and cheaper, repeat. This is the history of the twentieth century. The studio, on the other hand, is about initiative. Creativity, sure, but mostly the initiative to make a new thing, a better thing, a process that leads to better. It’s peer to peer. The hierarchy is mostly gone, because the tasks can be outsourced. So all that’s left is leadership.
Harvard Business
DECEMBER 13, 2018
Marcus Franzen/Getty Images. Attending a conference is a whir of activity — flying to a destination, engaging in several days of nonstop networking, and coming home to an inbox that has spiraled out of control in your absence.
Strategy+Business
DECEMBER 11, 2018
Digitization, data, better education, and improved infrastructure will fuel growth across Africa, according to Sim Tshabalala, CEO of Standard Bank. He is cautiously optimistic about South Africa's future, despite governance challenges. Tshabalala, who grew up during apartheid, now runs South Africa's largest bank. His motto: "In God we trust; everybody else bring data
McKinsey
DECEMBER 15, 2018
Highlights from articles this year show the progress that has been made in reinventing the insurance landscape—and suggest more disruption to come. Insights on Financial Services
MBO Partners
DECEMBER 12, 2018
A reflection on major trends from 2018 and a look ahead to new changes in 2019
Seth Godin Blog
DECEMBER 12, 2018
This is a brave and generous thing to say. If you’re not able (or committed enough) to do the reading before you give your opinion, please have the guts to point that out. “I didn’t read the proposal, but my bias is…” We’re winging it. All of us.
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