Tom Spencer

APRIL 8, 2022

I initially started out my career in management consulting, exited to an internal strategy team in industry, and pivoted back to consulting. This two part article series will provide valuable perspective for those who are considering internal strategy teams as their next career option as I unveil my personal thoughts and experiences.

Strategy 97

Strategy Strategy Strategy& Analysis 97

Tom Spencer

APRIL 7, 2023

This article will explore some of the most notable examples of AI in consulting, including its use in market research, strategy development, and operational optimisation. This can help consultants to identify key market trends, develop more accurate market research reports, and craft more effective marketing strategies.

Examples 88

Examples Consulting Management Tools 88

Harvard Business

MAY 14, 2024

Leaders who are exploring how AI might fit into their business operations must not only navigate a vast and ever-changing landscape of tools, but they must also facilitate a significant cultural shift within their organizations. But research shows that leaders do not fully understand their employees’ use of, and readiness for, AI.

Research 70

Research Company Culture Tools 70

Tom Spencer

APRIL 15, 2022

This article continues on from Part 1 , in which I shared some of my experiences of working with an internal strategy team at a large financial institution, and some of the main projects and activities I undertook. In this article, we will explore the 7 main differences between internal strategy and management consulting.

Strategy 88

Strategy Strategy Strategy& Financial 88

Harvard Business

MARCH 1, 2024

Companies that integrate the cost of capital into their strategy and planning reap real benefits. With the cost of capital back to normal levels, it’s simply irresponsible not to make it a management discipline that changes the way you do business. When something is cheap, people waste it.

Strategy 66

Strategy Strategy Strategy& Operations 66

Tom Spencer

JUNE 2, 2023

years in management consulting, I transitioned to a Fortune 50 US company in an internal strategy role. Before outlining the benefits of internal strategy, I want to highlight a few things: I generally enjoyed my time as a consultant and view the firm I left with high regard. Internal strategy isn’t for everyone.

Strategy 88

Strategy Strategy Strategy& Consulting 88

CaseInterview.com

JANUARY 12, 2023

Outside of professional project managers, the average person doesn’t think about this topic very much… but should. If you’re managing a new team, department, or company, there’s a lot of work to be done. The ones that struggle don’t know how to manage someone who has greater experience than they do. in parallel). First Name *.

Operations 52

Operations Financial Report Software 52

Tom Spencer

FEBRUARY 28, 2021

Many management consultants hardly complete two or three years in their jobs before they realize that there’s more to life than consulting. As a former consultant who decided to move from consulting to industry, I would like to share my personal journey on how I landed my opportunity in corporate strategy/M&A. Corporate Strategy.

Interviews 68

Interviews Case Interview Strategy Strategy 68

Harvard Business

JANUARY 12, 2024

Strategy and foresight were once the same discipline. The immediacy of day-to-day operations can lead to a strategic process that is more about ticking boxes and filling templates, which often end up languishing, unopened, in an inbox. And they should be again.

Operations 94

Operations Strategy Strategy Strategy& 94

Tom Spencer

SEPTEMBER 3, 2022

Today, companies are desperately seeking strategies to retain customers, rebuild inventories, and restructure operations to fit the new business environment. Companies are also starting to adopt digital tools to streamline daily operations. The world is evolving at a rapid speed, which prompts companies to adapt. Technology.

Consulting 88

Consulting Management Agile Industry 88

Asamby Consulting

JULY 25, 2022

What does a good strategy execution require If you have the right strategy and execute it well, your business will thrive. But given your strategy is smart, what's required to execute well on your strategy? This article outlines a simple framework to execute your strategy. It's that simple.

Strategy 98

Strategy Strategy Strategy& Tools 98

Epicflow

JUNE 10, 2022

So, the importance of risk management cannot be overestimated – it’s better to stay ahead of all possible threats to your project. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively? Let’s figure it out in the article. . Project management risks.

Engineering 98

Engineering Management How To Risk Analysis 98

Harvard Business

MARCH 11, 2024

Many people operate from the belief that there’s too much to do and they can’t afford to pause during their workday. In this article, the author outlines eight strategies to try to build more breaks into your day. But taking effective breaks is essential to preventing burnout.

Operations 82

Operations Strategy Strategy Strategy& 82

Tom Spencer

JULY 29, 2022

Human resource teams are critical to the growth of a company since employees typically represent both the biggest operating expense and largest off-balance sheet asset for most businesses. In this article, I will break down a few functionalities of Human Resource teams, and a couple of ways to get started in Human Resource Management.

Resources 78

Resources Management How To Balance Sheet 78

Management Consulted

JULY 2, 2013

Strategy consulting vs. financial advisory consulting – both are consulting. First, a 101 on strategy consulting for you newbies to the site – having an insider view into the strategy and operations of a company requires that you quickly become an expert on day-to-day activities in light of the overall company vision.

Financial 252

Financial Consulting Strategy Strategy 252

Business Consulting Agency

APRIL 24, 2024

This article explores the various areas where a business consultant can assist and outlines the benefits that their expertise brings to small businesses. Financial Management Consultants offer advice on budgeting, financial analysis, and cash flow management.

Small Business 52

Small Business Cash Flow Efficiency Operations 52

Business Consulting Agency

APRIL 25, 2024

Entrepreneurs often face a myriad of decisions, from financial planning and market analysis to operational management and compliance. This article explores the tangible benefits of leveraging such expertise for new business ventures. Business experts help identify these risks early and develop strategies to mitigate them.

Intellectual Property 52

Intellectual Property Efficiency Financial Operations 52

Harvard Business

SEPTEMBER 26, 2023

Operations managers have been using randomized decision-making since World War II (randomized search was used to locate enemy submarines in the open ocean), but it has not yet been seriously applied to strategic decision-making, which remains focused on hypothesis formulation and testing.

Conference 73

Conference Operations Strategy Strategy 73

Effective Managers

FEBRUARY 23, 2023

Here is an article written by David Norman, Chair at The Consultants Peer Group (TCPG). David is a very experienced management consultant, currently on the national board of the Institute of Management Consultants in the USA. David has created TCPG, a peer group for and about consultants only. In the U.S.

Management 52

Management Consulting Guidelines Tools 52

Harvard Business

NOVEMBER 1, 2023

In this article, I’ll explain how you can keep your team’s efforts aligned with the genuine needs of your audience. As a leader, how can you recognize scope creep and realign your team? Shift the focus from “what” you’re building (the deliverables) to “why” you’re building it (the outcomes).

Management 82

Management Productivity Development Operations 82

Tom Spencer

OCTOBER 6, 2023

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 retail banking, wholesale banking, and wealth management can vary between different banks. The biggest swing in operating expenses is likely to be variable compensation.

Banking 88

Banking Balance Sheet Operations Financial 88

Tom Spencer

MAY 23, 2021

As someone currently in management consulting who has previously done tech sales for a major software company, I was amused by Martin Keller’s article championing tech sales (sometimes known as consultative or customer success driven sales) over management consulting. Transition Opportunities.

Sales 68

Sales Management Consulting Development 68

Tom Spencer

MARCH 8, 2024

From entrepreneurs putting a new product on the market to executives at a public company revamping a product line, effective pricing is a key pillar of any successful sales and marketing strategy. Pricing strategy is not one-size-fits-all. As a result, companies would be able to consistently maximize profits.

Productivity 158

Productivity Sales Marketing Strategy 158

Tom Spencer

AUGUST 11, 2023

This article will delve deeper into four ways in which AI is reshaping the world of finance, improving data analysis, and redefining decision-making processes. Automated Trading Strategies The advent of NLP has led to an increased adoption of automated trading strategies within financial institutions.

Finance 78

Finance Analysis Data Financial 78

Business Consulting Agency

JANUARY 29, 2024

This article explores the diverse benefits small businesses receive when partnering with consultants. Navigating Challenges with Expertise Small businesses, often operating in highly competitive environments with limited resources, can find the landscape overwhelming. Operational Efficiency: Streamlining operations enhances efficiency.

Small Business 52

Small Business Consulting Enterprise Efficiency 52

Epicflow

JANUARY 12, 2024

Check out our selection of events for project/resource managers, business leaders, and industry professionals, which will provide you with valuable insights into recent trends and challenges, networking opportunities, and contribute to your professional development.

Industry 52

Industry Automotive Pharmaceuticals Management 52

Business Consulting Agency

DECEMBER 11, 2023

This article sheds light on the diverse areas where consultants provide assistance and outlines the manifold benefits that entrepreneurs and investors receive through collaboration with business consulting services and experts. Business startup consulting services transform entrepreneurial ventures through consulting services.

Consulting 52

Consulting Efficiency Operations Analysis 52

Epicflow

AUGUST 3, 2022

For this purpose, a great number of organizations started to set up a project management office (PMO) – according to the 2021 report on the state of project management [1], 82% of organizations reported to have one. . Does every company need a project management office? What are the functions of a project management office?

Management 98

Management Methodologies Resources Efficiency 98

Tom Spencer

JUNE 9, 2023

In the digital age, businesses are constantly seeking innovative ways to gain a competitive edge and streamline their operations. From enhancing customer experiences to optimizing decision-making processes, AI is reshaping the way businesses operate and opening up new possibilities for growth.

Data 147

Data Operations Efficiency System 147

Business Consulting Agency

SEPTEMBER 29, 2023

Whether it’s optimizing operational efficiency, enhancing marketing strategies, or making data-driven decisions, the journey towards increased profitability is often complex. Business consulting services have emerged as catalysts of success, providing expert guidance and strategies to help companies thrive.

Consulting 52

Consulting Cash Flow Efficiency Financial 52

Progressus

AUGUST 28, 2023

Since the performance level of sub-contractors is a reflection of the company that hired them, it’s critical to effectively manage them throughout the course of daily operations until a project is complete. Consider reviewing resumes on project managers, project engineers and staff.

Engineering 52

Engineering Company Management Financial 52

Business Consulting Agency

SEPTEMBER 28, 2023

In this article, we will explore how professional help through business consulting services can ease the journey of surmounting these obstacles. Operational Efficiency : Streamlining processes to reduce costs and improve productivity. Talent Management : Recruiting, retaining, and developing skilled employees.

Cash Flow 52

Cash Flow Efficiency Financial Recruiting 52

Tom Spencer

FEBRUARY 22, 2020

Consultants provide advice to their clients in regards to strategies moving forward, addressing challenges the company is currently facing, and finding ways to solve these issues. An example of some issues consultants focus on would be mergers, acquisitions and managing company strategy. Management Consulting Firms.

Consulting 88

Consulting Management Boston Consulting Group Travel 88

Tom Spencer

JANUARY 12, 2024

In this article, we will explore a brief history of central banking in America, the Fed’s dual mandate, and the internal structures that determine its functioning. Through these trials the Fed has expanded its box of monetary policy tools, gained more independence from Congress, and today operates with almost unchecked power.

System 88

System Banking Policies Tools 88

Business Consulting Agency

SEPTEMBER 19, 2023

This is where business consulting services shine, offering a wealth of benefits that help companies improve their operations, enhance their strategies, and ultimately achieve better results. Their expertise ensures that strategies are not just one-size-fits-all but are tailored to maximize competitive advantages.

Company 52

Company Operations Financial Efficiency 52

Business Consulting Agency

SEPTEMBER 22, 2023

In this article, we will explore the manifold benefits of working with business consultants and the various areas in which they provide invaluable assistance. They help identify growth opportunities, assess market dynamics, and craft strategies that align with the company’s objectives.

Company 52

Company Efficiency Financial Operations 52

CaseInterview.com

MARCH 5, 2019

Management consultant salaries in the United States will vary by position and experience. Here’s a breakdown of salaries for management consultants according to the top three consulting firms. Their emphasis on technology, cost-cutting, and effectively managing operations has led to better consultant pay over time.

Consulting 81

Consulting Management Case Interview Recruiting 81