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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. Management Consultants help businesses make strategic decisions that directly impact the entire company. What is Management Consulting A lot of people ask me, “What is management consulting exactly?”It’s

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What is consulting?

Tom Spencer

When people think of consultants, they tend to visualize professionally suited employees, degrees from the best schools, high pay-checks and fancy travel stories. Consulting though has many aspects – it’s not just about smooth talking. What are the different types of consultants? What value do consultants provide?

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Impact of Data Analytics in Consulting

Tom Spencer

“Data scientists, fast computers, and advanced software are replacing traditional decision-making processes and disrupting tried-and trusted traditional consulting methodologies, with Big Data being one of the main forces of disruption” ( Tras, 2015 ). So, how does big data create value for consulting firms?

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The Consulting Value Proposition

Tom Spencer

Why do organisations hire consultants? If you are a junior consultant, knowing why your work is valuable is likely to make your job more meaningful. If you are a partner, knowing why your work is valuable is likely to help you sell consulting projects and make money for yourself and for the firm. Expert Knowledge. Turnarounds.

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Business Ecosystems: Building Stronger Connections

Tom Spencer

Apple’s and Amazon’s product lines are showcase examples of how to build a business ecosystem. The continuing growth in importance of information technology has paved the way for the rise of business ecosystems, where connection and collaboration make products more valuable as more people use them (see network externalities ).

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Bank Profitability: Decoding the Income Statement

Tom Spencer

A bank’s income statement can be simplified into five main line items: Net interest income Non-interest income Operating expenses Provision for credit losses (PCL) Tax Image 1: Illustrative example of a bank’s income statement Source: CIBC’s 2022 Annual Report 1. Image 2: Illustrative example of a bank’s non-interest income 3.

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IBM Consulting Interviews: Navigating the IBM GBS Maze

Management Consulted

As the next installment in our popular Firm Profile series, we take a look at the evolution, reinvention, and current interview tactics of one of the world’s premier consulting firms – IBM. Howe created the IBM Consulting Group in 1992. 1992, IBM unveiled another service called IBM Consulting Group. Enjoy the ride!

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