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4 Ways to Develop Practical Business Understanding for Consulting

Management Consulted

Instead, we’re recommending real-life activities that will help you understand why profit is important to a business , or how to quickly study a new industry. How to Write a Consulting Resume From Scratch. It’s heavy, so skim it. Other MC Posts. The 2 Smartest Case Study Techniques. 10 Steps to Solving Any Sizing Questions.

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Fool Me Once Or Fool Me All The Time

Martinka Consulting

First, five points from the article I found interesting and then some comparisons to other areas of business. I get the feeling many people, even in my industry, don’t understand the difference between profit, Ebitda, and cash flow. This goes back to before the stock market crash of 1929. Conclusion.

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Hay Group Interviews and Culture

Management Consulted

In 1954, Hay continued its trailblazing ways, started the “Hay Compensation Survey Comparisons”, a tool that allowed companies to remain competitive in terms of the compensation they offered their staff, and continued to see sustained levels of growth. Industries . Reward information services. Job evaluation. Healthcare.

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Why consulting?

Management Consulted

I begged my favorite Econ teacher to let me into his Industrial Organization course and fortunately I got a spot. Half of the class was devoted to examining different models and learning the game theory behind strategic decision making; in the remainder of the class, we applied that knowledge and analyzed different industries.

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2015 Management Consulting Salaries – Undergraduate, MBA, Interns and More

Management Consulted

This year appears to be a promising year for the consulting industry in general as demand for consulting services around the world steadily increases. In comparison to 2014, salaries appear to be on the rise – although probably not as fast as you prospective consultants would hope. Conclusion. Have a great 2015 and best of luck!

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How to Take the Bias Out of Interviews

Harvard Business

The organizational psychologist Scott Highhouse called this resistance “the greatest failure of I-O [industrial and organizational] psychology.” For example, Compose, a cloud storage company, decided to completely do away with resumes and instead evaluate job candidates based on how well they solved a job-related problem.