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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Just think of Kodak, Blockbuster, Blackberry, and Nokia, companies that were once dominant in their respective industries. Businesses should adopt conservative financial management practices , such as effective cash flow monitoring, prudent budgeting, and building a large war chest of cash and other liquid assets.

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Business Book Review: Boston Consulting Group On Strategy

Management Consulted

Boston Consulting Group on Strategy is a compilation of 82 valuable articles called Perspectives, 4 Harvard-reviewed business articles and 8 other articles written by various members of The Boston Consulting group between 1968 to 2005. WHY READ IT? QUICK OVERVIEW. INTERESTING BOOK INSIGHTS.

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What is the Professional Services Industry All About?

Progressus

Professional services is an expansive space spanning several industries – consulting firms, software publishers, IT service providers, even manufacturers and distributors that offer post-sale services — each with its own set of challenges, regulations, and opportunities.

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Management Consulting

CaseInterview.com

Management consulting is an industry that offers assistance with this kind of high-level decision-making and problem-solving. The wide range of roles that consultants play can be categorized into six main groups. Consultants also have extensive knowledge in particular industries or topics.

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Honing and Highlighting the Consulting Skillset

Tom Spencer

For instance, you can take initiative as a member of an interest group and propose key ideas/events to the committee, and perhaps even take on a role in co-leading these events. A common misconception is that the only way to effectively demonstrate leadership skills is to run for (and successfully bag) leadership or committee positions.

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Overcoming Business Challenges with Business Consultants

Business Consulting Agency

Market Expansion and Entry Challenges Expanding into new markets or entering a new industry presents unique challenges. A report by Aberdeen Group found that companies working with consultants achieved a 28% improvement in operational efficiency. Overcoming business challenges is easier with expert support.

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Transitioning from Management Consulting to Corporate Strategy/M&A – the Interview Process

Tom Spencer

As a result, many consultants shift to industry and join the client’s side so that they can not only offer solutions but also take more ownership to formulate, execute, and implement a strategy from start to finish. Group head interview (fit). Tip: research and understand what’s happening in the industry (e.g. Interviews.