Favorite 5 Consulting Articles of 2018

Management Consulted

This past year, millions of you came to us for consulting interview help, insight on the consulting industry, consulting travel tips, and more. The post Favorite 5 Consulting Articles of 2018 appeared first on Management Consulted. Thank you for continuing to make Management Consulted the world’s most read website on all things consulting.

Travel 100

Why Travel and Living Abroad Prepare You for Consulting

Tom Spencer

Have you ever felt guilty about travelling extensively? Have you ever wished that the money spent traveling could somehow pay dividends? Well, I believe it can pay dividends, so you shouldn’t feel guilty about your past and future travel.

How Smart Speakers Are Poised to Reinvent the Travel Industry

Harvard Business

Travelers with an Alexa device at home can book a car rental or hotel through Expedia and Kayak. On many fronts, artificial intelligence-powered smart speakers and apps seem poised to become the world’s virtual travel agents. If consumers start turning regularly to smart speakers for their travel needs, they could end up interacting less and less with traditional airline, hotel, and even online travel agency brands. A voice-enabled travel era.

Announcing “Mish Moments” – Travel Photography Website

MishTalk

I am launching a new website, this one centered around travel photography. Here is my first article: Iceland in 16 Days: Day 1, South Region, Seljalandsfoss Waterfall. I expect to release a new article about 4-7 times a week, no more than one a day.

Women Book Business Travel Earlier, Saving Companies Millions

Harvard Business

The demand for business travel is gender-independent, but men and women demonstrate different travel habits that impact the bottom line. We know from previous research that women react more strongly to unforeseen events and are more stressed than men when traveling for work.

Automation in logistics: Big opportunity, bigger uncertainty

McKinsey

But as this second article in our series on disruption explains, things are not so simple. Insights on Travel, Transport & LogisticsAs e-commerce volumes soar, many logistics and parcel companies hope that automation is the answer.

Just How Bad Is Business Travel for Your Health? Here’s the Data.

Harvard Business

I went with the pizza, but my lack of choices was annoying — so much so that, when I got home, I started looking into the data on health and travel for work. According to the Global Business Travel Association and American Express , Americans took more than 500 million domestic business trips in 2016. To investigate the link between business travel and chronic disease conditions, my colleagues and I turned to de-identified electronic medical record data from EHE, Inc.,

B2B Salespeople Need to Act More Like Travel Agents

Harvard Business

Consider what’s happened with travel: With the explosion of internet travel sites in the 2000s, consumers took charge of their own travel, and travel agencies hemorrhaged business. According to the travel and leisure marketing firm MMGY, the use of travel agents increased by 50% from 2014 to 2015. Because consumers, overwhelmed by information and inundated with choices, are again turning to travel agents to take the work out of travel planning.

B2B 35

Traveling for Work? You’re a Prime Target for Hackers

Harvard Business

As if the stresses and headaches of business travel weren’t enough, there’s one more thing to worry about while traveling in unfamiliar places: the security of your email. Each time a traveling executive opens spymail, they reveal a wealth of private information — their current location, the time of day they read their email, the hotel at which they are staying. Establish executive travel email protocol. Security & privacy Digital Article

How to Ask Your Boss for an Unpaid Leave to Travel, Study, or Spend Time with Family

Harvard Business

Difficult conversations Work-life balance Negotiations Digital ArticleExplain how you’ll minimize the impact on coworkers and clients.

What Nursing Parents Need to Know About Pumping During Work Travel

Harvard Business

But if the new parent’s return involves business travel, and that parent has chosen to nurse, it’s even more complicated. While it’s common for new parents to feel stressed about juggling life at work and home, for a pumping, traveling parent the stress can be heightened. “I went about looking for how to pump and travel,” she told me. Become a Travel-Logistics Master. Work-life balance Digital Article

The Reason Air Travel Is Terrible and So Few Airlines Are Profitable

Harvard Business

Finally, they would take over the international air travel market. Competitive strategy Disruptive innovation Regulation Transportation Digital ArticleWhy is the airline industry so terrible? What frequent flyer has not asked him- or herself this question?

Productivity Boost for Consultants

Consulting Success

Transcript Hey, it’s Michael Zipursky from ConsultingSuccess.com. Hope you’re having a wonderful day.

How Many People Really Combine Work Trips with Vacation?

Harvard Business

In corporate travel, extending a business trip for personal purposes is known as “bleisure,” an awkward term that’s only saving grace is that it’s less awful than the alternative, “bizcation.” ” Bleisure travel has received considerable attention lately, with some traveler surveys suggesting that as many as 6 out of 10 people have tacked on personal time to a business trip. Companies should also take bleisure travel into account.

Tips for Helping Law Enforcement Position Itself as the Source of Trust and Credibility in a Crisis

Melissa Agnes

This doesn’t account for any other tweets using different hashtags, tweets that didn’t use any hashtags, Facebook posts, news articles, blog posts, Instagram posts – or anything else that was published and shared online in the hours and days following the terrorist attack.

Taking the Long View on Cuba's Tourism Opportunity

BCG

Article Thursday, May 04, 2017 Improved relations with the US have brought a flood of US travelers—and a potential boon for travel companies. Article

Blockchain Will Transform Customer Loyalty Programs

Harvard Business

Loyalty programs have proliferated across travel, retail, financial services, and other economic sectors. See More Videos > See More Videos > All loyalty programs are vulnerable to a blockchain revolution, but the travel industry is perhaps the most at risk. In some cases, travel loyalty program points differ by journey component (flight, car rental, hotel, dining), leading to fragmented point collections. Marketing Technology Travel Digital Article

6 Ways to Move Beyond the Commodity Mindset

Consulting Success

A man named Kyoji, who had grown up on this island but had spent 40+ years travelling around the world building several international brands and businesses. Consulting Articles Featured Articles consulting fees higher consulting fees premium consulting fees Value Based Pricing

ROI 244

It’s High Time Airlines Got Personal

BCG

Article Wednesday, August 31, 2016. Thanks to digital innovators such as Amazon and Netflix—not to mention travel industry disruptors such as Uber and Air-bnb—consumers’ expectations are on the rise. See Travel Innovated: Who Will Own the Customer, BCG Focus, January 2016.)

How an Airplane Laptop Ban Would Expose Company Data to Espionage

Harvard Business

Millions of global travelers are anxiously awaiting the answer to this question. Aside from another terrorist group disrupting world-wide travel operations at a cost of hundreds of billions of dollars , the other big winners from an increased ban could be foreign intelligence services. million people, earning an average salary of $152,868, traveled to Europe on business in 2015. Much of this theft occurs while American business travelers are operating overseas.

Behind-The-Scenes Look At How To Deliver a TEDx Talk

Melissa Agnes

So during the 6 hour flight to LAX I read specific articles that relax and empower me, as well as a specific chapter in Power Cues that particularly tends to inspire me. Melissa's Speaking and Travel FunEvery speaker dreams of taking the TED stage – or at least this speaker did!

Airbnb Is Facing an Existential Expansion Problem

Harvard Business

” But how many travelers can “live there” before Airbnb accepts that it has become a vehicle for mass tourism, and that its users are tourists, no more and no less? Regulation Internet Hospitality Travel Digital ArticleHBR STAFF.

How Service Companies Can Earn Customer Trust and Keep It

Harvard Business

Customer service Operations management Branding Hospitality Travel Digital ArticleBeing perceived as unreliable or unfair is a sure way for a service company to lose the trust of its customers. I’ve learned that truth from 40 years of conducting research in the fields of services marketing, service quality, and health services. Companies that serve customers who are in a state of stress are especially vulnerable to losing customers’ trust when they perform poorly.

Casual Apparel Outperforms High-End Fashion

BCG

Article Tuesday, December 13, 2016. Travel and tourism, consumer durables, consumer nondurables, and retail were the other four, and all five consumer industries finished in the top ten of the 28 industries we analyzed. Article

How I Became a Millionaire as an Independent Consultant

Successful Independent Consulting

For more information on charging what you’re worth, see my article, “ How to Figure Out Your Billing Rate.” For me it’s time with family and friends and traveling. Recently I logged into my retirement accounts and was surprised (and pleased!)

For Independent Consultants, Business Development = Relationship Development

Successful Independent Consulting

Second, when knee-deep in projects and facing deadlines, consultants are hard-pressed to find time to publish thought-leadership articles or create, launch, and manage marketing campaigns. It seems like a lifetime ago we worked together on the travel card rollout at NetApp.

Don’t quit yet!

Consultants' Consultant

You have a mate who does it and he’s always travelling. Consulting Well Articles by Cindy TonkinConsultants Consultant: So your boss is driving you crazy. You feel underpaid and overworked. Like you should take that chance you’ve always dreamed of and set up your own consulting business. You know that consultants and contractors get paid so much more money. Loves it! You […]. The post Don’t quit yet! appeared first on Consultants' Consultant.

How Diligent Biz Dev Led to a Six-Figure Consulting Project

Successful Independent Consulting

It’s an 11-month project for one consultant: $320k in consulting fees and another $100k for travel expenses. See my related article, “ Quote Your Rate with Confidence.”) “ Home Run - Nationals Park ” © Gareth Milner, Creative Commons license.

What Cuba’s Economic Evolution Means for Multinationals

BCG

Article Thursday, April 21, 2016. This article discusses the results of that analysis. In addition, the US government will have to further ease trade and travel restrictions. Article

5 Tips on How to Spend Your Summer Before You Start Your Consulting Job

Tom Spencer

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). Combine Global Travel with Learning Opportunities.

Minto Pyramid Principle

CaseInterview.com

Then we'd go to the travel department, book our airline tickets, and go get the data (at the client site, visiting our client's client to interview them, etc.). Members get access to 6 hours of video tutorials on case interviews , the actual frameworks I used to pass my interviews, and over 500 articles on case interviews. Blog Case Interview Articles Hypothesis MECE minto pyramid principle

The Secrets of Retail’s Repeat Top Performers

BCG

Article Friday, January 20, 2017 During the past decade, the global retail industry established a solid record of very strong value creation. Travel and tourism, consumer durables, consumer nondurables, and fashion and luxury were the other four. ArticleFor the five years from 2011 through 2015, the industry’s performance declined somewhat in both absolute and relative terms. Still, it continues to deliver better value than most other industries.

Tips for Successfully Preparing for a Case Interview in a Short Time Frame

CaseInterview.com

As I was about to travel overseas on volunteer work, I had a very condensed interview process with each firm (including one day with 6 straight case interviews in 8 hours!) Members get access to 6 hours of video tutorials on case interviews , the actual frameworks I used to pass my interviews, and over 500 articles on case interviews. BCG Job Offer Reports McKinsey Case Interview Articles case interview frameworks mckinsey recruiting

Estimation Question

CaseInterview.com

Let’s figure out the travel time first. Assume the truck travels on the freeway at 60 miles per hour. For it to travel 10 miles, it does so in 1/6 and hour or 10 minutes. Blog Case Interview Articles Case Interview Math estimation question understand the questionCase Interview Example - Estimation Question and Answer.

Five trends of future working

SkillQuo

It’s likely because you showed interest in a similar area as you clicked on an article, or ‘googled’ a topic. Workplaces are sacred. Not because that’s where you spend the majority of your day, but also it’s the source of your daily bread.

Case Interview Example: Estimation Question

CaseInterview.com

This article provides the answer to this estimation question. Lets figure out the travel time first. Assume the truck travels on the freeway at 60 miles per hour. For it to travel 10 miles, it does so in 1/6 and hour or 10 minutes. Members get access to 6 hours of video tutorials on case interviews, the actual frameworks I used to pass my interviews, and over 500 articles on case interviews. Blog Case Interview Articles Case Interview Math estimation question

Consulting as a lifestyle business

Consultant Journal

I’d travelled, managed a chronic health condition, and gone back to school for an MBA, all while running my company. In fact, when Lauren Bacon posted her fantastic article on the subversion of running a lifestyle business , I had all those same feelings bubble up, all these years later.