Tom Spencer

JANUARY 26, 2024

remained stable, at or below the Fed’s 2% target. This is significantly above the Fed’s 2% target rate of inflation. For example, the Federal Reserve aims to achieve 2% inflation as an ideal benchmark to avoid its counterpart, deflation. Since 2008, the rate of inflation in the U.S. For example, a dozen eggs cost around $1.00

Policies 147

Policies Financial Benchmarking Groups 147

Consulting Matters

MARCH 27, 2020

On a rational level you may get that this crisis is unexpected and that your company didn't have a lot of choices. And today you don't have a lot of choices to resolve this crisis as you can't simply sign up with an executive recruiter and get busy finding a job because the opportunities simply aren't there.

Banking 245

Banking Talent Interviews Course 245

CaseInterview.com

OCTOBER 23, 2021

Paradigms of perception are a choice. People fall into the choice unconsciously 99% of the time. 2) Decide which people, organizations, or employers you want to affiliate with, in part based on whether the paradigm they operate within matches your own value system. It’s all a choice… your choice. Choose wisely.

Finance 111

Finance Culture McKinsey Operations 111

Action Plan

SEPTEMBER 19, 2023

I Shape my future with today’s choices. Every choice we make shapes our future. They have guided my actions and choices throughout my life. This present-moment awareness includes everything I experience in my world, my sensations, thoughts, and feelings. So, learning how to choose wisely is not a small thing.

Research 52

Research Culture Analysis Study 52

Tom Spencer

MAY 19, 2023

Pillar 2: Know your content 2.1 Co-create the experience Give the audience choices and control over the interaction; choice creates agency. When setting the agenda, brainstorming ideas, creating a plan, adjusting templates, or voting on a proposition – give the group options and the ability to make a choice.

Groups 88

Groups Energy Exercises Tools 88

Successful Independent Consulting

MARCH 30, 2023

Create your company page by completing just five required fields, two of which are simple drop-down list choices. At the bottom of the list, select “Create a Company Page.” Click on “Company.” One of the optional fields is to upload your logo. You can upload a JPG, JPEG, or PNG; 300 x 300 pixels is recommended.

Consulting 195

Consulting Advertising Resources Company 195

Steve Shu Consulting

NOVEMBER 10, 2015

We have to provide people with information and choices, such as part of governing a country and during driver’s license application processes, social security claiming processes, and hundreds (possibly even thousands) of other processes. The motivation for the phrase goes something like this. But some option has to be first in the list.

Ethics 150

Ethics System Finance Company 150

CaseInterview.com

AUGUST 11, 2022

It’s merely a choice. It’s the choice to… Be True to Your Word. The best of the best can choose to work for, recruit, befriend, or partner up with their choice of people. Let me explain why…” 2) STOP saying things you do not actually mean. There is one skill… that helps in all of these areas.

Recruiting 111

Recruiting Recruitment Meeting Report 111

Consulting Matters

JUNE 17, 2020

Holding people accountable for results is about providing the conditions for an employee to freely choose whether to meet or exceed expectations and experience the resulting consequences (positive or negative) of their choices. It is not about communicating blame, frustration and/or disappointment in a monthly meeting or performance review.

Tools 156

Tools Meeting Sales Leadership 156

Successful Independent Consulting

AUGUST 4, 2022

If you’re considering striking out on your own, perhaps the most important thing to ask yourself is this: Are you committed to this as a career choice, or is it something you’re going to do until the right job comes along? In my years as a solopreneur, my monthly income ranged from $5,000 to $28,000. Do you have enough savings?

Cash Flow 195

Cash Flow Consulting Insurance Insurance 195

Harvard Business

JULY 24, 2023

Teams should ask three questions: 1) How would the customer articulate the value of their choice? 2) Who was the most influential voice in and out of the room? 3) Beyond price, what were the key deciding factors in the client’s decision?

Sales 40

Sales Finance Marketing Productivity 40

CaseInterview.com

JANUARY 23, 2022

The choice to change comes from within the person being a jerk, not from the people around the jerk. The next best choice is to dramatically reduce contact. 2) Fire them. 2) Fire them. It never gets better by just staying around hoping things change. Human beings are remarkably consistent… unless they choose to change.

Policies 98

Policies Financial Resources Data 98

Tom Spencer

MAY 12, 2023

Ultimately, your choice of airline may come down to the classic real estate mantra: location, location, location. Sometimes you will have limited choice. For example, my firm offers Hertz Gold to allow me to get preferred cars, last minute reservations, and a variety of vehicle choices. You have a lot of options here.

Travel 88

Travel Hotels Airlines Consulting 88

Steve Shu Consulting

FEBRUARY 14, 2022

2) Decision structure changes (choice architecture) outperforms decision information (information architecture) and decision assistance approaches, potentially because choice architecture approaches require less demand on cognitive information processing, and there is low susceptibility to individual differences and goals.

Study 39

Study Analysis Finance Financial 39

Successful Independent Consulting

FEBRUARY 12, 2021

As with any career choice there’s a lot to consider, but with the move to independent consulting there’s a lot of risk too. If you’re considering it, perhaps the most important thing to ask yourself is this: Are you committed to this as a career choice, or is it something you’re going to try until the right “real job” comes along?

Cash Flow 370

Cash Flow Consulting Insurance Insurance 370

Management Consulted

JULY 22, 2013

In our last post, we discussed 5 major differences between 2 prominent types of consulting. It actually might be the perfect choice! As mentioned in our previous post, financial consulting is a much better choice than a narrowly-defined role in internal finance (especially at a no-name corporation). A: Choices are hard.

Financial 194

Financial Consulting Strategy Strategy 194

CaseInterview.com

SEPTEMBER 5, 2021

When I stopped to think about what makes a franchise (the local owner of a big chain) successful, it’s really two things: 1) They follow instructions really well; and 2) They are good at hiring and managing a lot of employees. 2) Forget about picking the best career choice… instead, focus on the career choice that’s the best fit.

Case Interview 93

Case Interview Fashion Comparison Analysis 93

Johanna Rothman

FEBRUARY 23, 2022

But because code review doesn't occur with the code writing, Jane has to wait for Person 2, Peter. Some Choices for Inside the Team Dependencies. In that case, you might have at least three choices for managing these inside-the-team dependencies: Pair on all the work. Jane and Peter are developers, Tim is a tester.

Efficiency 90

Efficiency Guidelines Tools Resources 90

Tom Spencer

AUGUST 29, 2021

Go back to it after a couple of weeks to see if you remembered how to come to the right choice this time. Do a practice test every 2 weeks. To track your progress, make sure you do a practice test every 2 weeks or so. Moreover, it shatters some common myth that exist about the GMAT that you need to know about.

Guidelines 114

Guidelines Study Exercises Energy 114

Organizational Talent Consulting

JUNE 26, 2023

Virtual Coaching Benefit #2: Availability Virtual technology platforms enable the coach to be brought into just-in-time and rapid-response situations or situations like cross-cultural coaching goals. Virtual Coach Attribute #2: Education What the coach knows matters. A dual-capacity model of communication media choice in organizations.

Research 85

Research Handbook Media Journal 85

Management Consulted

JULY 2, 2013

We get at least 5 questions a month from readers about this either-or, and in honor of all of you we put together our 5 major differences between the 2 prominent types of consulting , and why – if you have a choice – we recommend strategy consulting as your top pick. We will also include a Q&A section on the topic.

Financial 252

Financial Consulting Strategy Strategy 252

The Consultants Peer Group

MAY 19, 2023

Note the inclusivity of this definition – one (1) who helps organizations, (2) through the application of their knowledge (3) to provide objective advice which the organization may be lacking. The choice is yours. Note: Numbers in parentheses added for emphasis.

Industry 52

Industry Consulting Ethics Training 52

Consulting Matters

JUNE 15, 2020

Without making others aware of who you are and what you have to offer, you have no choice but to either become the "world's best-kept secret" or become a sub-contractor, extra pair-of-hands who is paid by the hour. Here's the deal - you cannot have a successful business (consulting or otherwise), without effective marketing. But marketing?

Marketing 156

Marketing Consulting Training Training 156

Tom Spencer

MARCH 4, 2022

If you want a 9-5 job, consulting isn’t the best career choice. This includes MBB, Big Four, and Oliver Wyman for management consulting, and Analysis Group, NERA, Cornerstone, and CRA for economic consulting. For students with a master’s degree (including an MBA), the starting salary is about $150,000 including bonuses. Work-life balance.

Consulting 109

Consulting Management Oliver Wyman Case Interview 109

Management Consulted

AUGUST 10, 2014

Firms know you’ll probably leave – in 2-3 years, if you’re normal – and they are comfortable with that payback cycle. You have 2 ways to handle this kind of question. First, you can give them a few reasons – 3 reasons why you want to work for McKinsey, or 4 reasons why Deloitte is your first-choice firm.

Interviews 215

Interviews Case Interview Consulting Industry 215

Consulting Matters

MARCH 9, 2020

"Playing small" is making choices that put a lid on your true potential. To get that control, you have to own the entire consulting engagement - beginning with shaping the thinking of a future client through your marketing that YOU are their sounding board of choice. This is why you need to land your own work.

Consulting 285

Consulting Marketing Comparison Sales 285

Successful Independent Consulting

DECEMBER 19, 2019

One of the benefits of being self-employed is paying less tax than you would if you were paid like an employee on a W-2 tax basis. Consulting can be a terrific career choice with flexibility, good money, excellent retirement options , and rewarding work. Photo credit: ID 8861152 © Paul Jantz | Dreamstime.com. Lower Your Tax Bill!

Small Business 221

Small Business Government Examples Video 221

CaseInterview.com

DECEMBER 11, 2022

Character consists of two things: 1) Your values – what you deem important in your life; 2) Your integrity – the extent to which your choices and actions in life are consistent with your values. Character is who you are when nobody is looking and you can get away with anything.

Resources 98

Resources Policies Financial Data 98

Tom Spencer

DECEMBER 3, 2021

My decision filter was that anything less than $2/pound was an automatic yes, and anything more than $2/pound was a conditional yes. There were three conditions: special occasions, items on sale, or where the price of the item could be averaged to hit the $2/pound target. What have they accomplished?

Resumes 88

Resumes Metrics Leadership Sales 88

Johanna Rothman

JANUARY 26, 2021

I don't judge you for your choices. As long as you make your choices consciously. The post Leadership Tip #2: Do the Right Thing, Even When it Feels Uncomfortable appeared first on Johanna Rothman, Management Consultant. However, I would rather have momentary discomfort , rather than inflict a lot of pain in the organization.

Leadership 129

Leadership Culture Management System 129

Organizational Talent Consulting

JANUARY 8, 2024

Leadership is recognizing and leveraging the gap between stimulus and response to make a choice rather than make a knee-jerk reaction. Reflection plays an essential role in a leader becoming aware of biases and making better choices. Mindset Shift Step #2: Dreaming about your future.

How To 76

How To Leadership Journal Strategy 76

Action Plan

SEPTEMBER 12, 2023

Almost everyone wants assurance that they are doing the right thing and making the right choices. Here are some of the most common ones we explored: 1. Perfectionism: This shows up as rarely completing projects or not even starting projects because of the unrealistically high standards they have set for themselves.

Examples 52

Examples Course Research Marketing 52

Organizational Talent Consulting

JUNE 19, 2023

Vulnerability is a courageous choice. Vulnerability Strategy #2: Put others first Entering a difficult conversation with the motivation to win or give the best answer will not lead to good outcomes. Vulnerability is a courageous choice. Putting others first doesn't mean thinking less of yourself.

Leadership 76

Leadership Strategy Strategy Strategy& 76

Tom Spencer

NOVEMBER 27, 2021

A reduction in choice and living standards is a real cost, and the CPI does not take this into account. Figure 2 : Inflation Adjusted Price Changes since 1998. According to Figure 2, the price of some consumer goods have fallen since 1998 (e.g., The measure of inflation has changed. Quality adjustment understates inflation.

Government 88

Government Balance Sheet Apparel Education 88

Emerson Consulting Group

JANUARY 27, 2021

The rationale for choice is that individuals have different medical needs and preferences. We know this to be true because we see employee health plan election behavior change when they are presented with easier to understand information about their benefit choices. Exhibit 2: Under Insurance Example.

Insurance 52

Insurance Insurance Healthcare Financial 52

Kates Kesler

NOVEMBER 23, 2020

This requires strategic boundaries to have been communicated in a way that empowers leaders on the ground to rapidly make tradeoff choices and act on them. An executive team discussion on the implications of these choices is critical. We recently worked with a high-tech instruments company focused on growth.

Strategy 50

Strategy Strategy Strategy& Accenture 50

Tom Spencer

JUNE 16, 2018

Historically, financial services products were designed for a world of greater certainty and less choice. Figure 2: Top 5 global financial needs for the mass market (Oliver Wyman). Two important questions that banks need to ask themselves are: How much value are financial services solutions delivering to customers?

Oliver Wyman 79

Oliver Wyman Banking Insurance Insurance 79