Tom Spencer

FEBRUARY 22, 2020

What is Consulting? Many of us have heard the term consulting before, whether it comes up in a chat with friends about making money or just throwing around the term loosely when trying to come up with an entrepreneurial idea. What does consulting actually mean and is consulting right for you?

Consulting 88

Consulting Management Boston Consulting Group Travel 88

Consulting Success

DECEMBER 9, 2019

In this episode, Michael Zipursky interviews HR management, policy, and training expert Kim Silvers on the essence of hiring the right employees. The big boss of SilversHR, Kim narrates how she started her HR consultancy firm as well as speaking engagements. Through the.

Consulting 210

Consulting Policies Interviews Training 210

Tom Spencer

MAY 23, 2021

As someone currently in management consulting who has previously done tech sales for a major software company, I was amused by Martin Keller’s article championing tech sales (sometimes known as consultative or customer success driven sales) over management consulting.

Sales 68

Sales Management Consulting Development 68

Steve Shu Consulting

AUGUST 31, 2016

I’ve often been asked by new consultants to provide insights on structuring a proposal. see this example Gannt-like chart from my book outlining four illustrative workstreams ), the activities within each area (both client consultant activities), key deliverables, key milestones, assumptions, etc.

Consulting 150

Consulting Management Case Study Case Studies 150

Business Consulting Agency

APRIL 8, 2024

This is where small business consulting services step in, offering tailored guidance and support across various critical areas. Let’s delve into the benefits and essential assistance that small business consultants provide to help these enterprises thrive. Empowering small business growth through consulting services.

Small Business 52

Small Business Consulting Cash Flow Process Improvement 52

Tom Spencer

JULY 7, 2023

I previously wrote a similar article for those in consulting coming from undergrad. Now I want to highlight the outlook for those who joined consulting from grad school. Compensation Factors Leaving consulting for most people means taking a temporary pay cut in total take-home pay.

Consulting 78

Consulting Hotels Travel Groups 78

Johanna Rothman

JUNE 15, 2020

Every organization has policies of some sort. The smaller the organization, the fewer policies you might have. And, the larger the organization, the more policies you might think you need. I keep encountering policies that prevent people from delivering the outcomes the organization wants. Why have policies anyway?

Policies 76

Policies Cash Flow Agile Guidelines 76

Tom Spencer

FEBRUARY 1, 2020

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?

Consulting 135

Consulting Operations Financial Real Estate 135

Successful Independent Consulting

SEPTEMBER 16, 2017

It takes practice to quote your consulting billing rate with confidence. Talk with other consultants, do a web search on typical management consulting rates in your city or state, and/or try converting your employee salary to an hourly rate. Is there already a consulting firm involved that you’ll be working with?

Consulting 236

Consulting Real Estate Policies Operations 236

Business Consulting Agency

APRIL 5, 2024

Technology and digital consulting services have emerged as catalysts for business transformation, enabling companies of all sizes and types to upgrade, innovate, and enhance their digital infrastructure and footprint. Let’s explore how consulting services in technology and digital realms benefit businesses across the spectrum.

Consulting 52

Consulting Efficiency Agile Data 52

Tom Spencer

AUGUST 6, 2016

It is common for top consulting firms to subject consultants to a rigorous “up or out” policy. What this means is that consultants are required to advance to the next level of responsibility within a certain period of time or leave the firm. Consulting firms appear to employ the “up or out” policy for three reasons.

Policies 60

Policies Benchmarking Consulting Talent 60

Business Consulting Agency

JANUARY 16, 2024

While passion and vision are crucial, the guidance of experienced business consultants can be the catalyst that propels your venture towards success. In this comprehensive guide, we’ll explore the myriad ways in which business consultants can assist, offering insights, strategies, and support across various crucial areas.

Consulting 52

Consulting Cash Flow Financial Efficiency 52

CaseInterview.com

NOVEMBER 21, 2021

In the consulting world, your resume is even more important. The top three consulting firms — McKinsey, Bain, and BCG — have acceptance rates of less than five percent during any given year. This goes to show just how important it is to write a strong resume when applying to be a consultant. First Name *.

Resumes 52

Resumes Consulting Management Cover Letters 52

Tom Spencer

JUNE 2, 2023

years in management consulting, I transitioned to a Fortune 50 US company in an internal strategy role. Having had about a year on the new job, I want to highlight the benefits of this transition to give the many consultants out there some perspective. Last year, after 2.5 Internal strategy isn’t for everyone.

Strategy 88

Strategy Strategy Strategy& Consulting 88

CaseInterview.com

MARCH 5, 2019

Management consultant salaries in the United States will vary by position and experience. Starting from the base, fresh graduates (from undergrad institutions) earn an average base pay of $83,500 from top-tier consulting firms. These consultants take home a total amount of $250,000- $300,000. BCG: Base Salary: $84,000.

Consulting 81

Consulting Management Case Interview Recruiting 81

Tom Spencer

JULY 14, 2023

National governments are currently in the process of crafting economic policy with a strong environmental focus. In this context, businesses and individuals alike have an incentive to shift production and consumption decisions based on changing social norms and on the carrots and sticks contained in environmental policy.

Energy 78

Energy Consulting Government Industry 78

Tom Spencer

SEPTEMBER 21, 2019

Throughout the consulting career recruiting process, I found it memorable that in both informal conversations and formal presentations, the issue of personal life management did occur as a poignant topic of conversation. Communicate the Unpredictability of Consulting.

Management 60

Management Consulting Consulting Lifestyle Sports 60

Tom Spencer

SEPTEMBER 6, 2021

Discussion on management consultancy often reduces the clientele of strategy firms to multinational corporations. Although this might largely be the case, such a simplistic view ignores a major field of consulting: governmental and public sector advisory services. Different mindset.

Government 88

Government Consulting Policies Benchmarking 88

Tom Spencer

DECEMBER 7, 2019

The question of how to join a management consulting firm as an experienced hire from another industry or another consulting firm is one that is often asked. The traditional route is to apply and go through the standard interview process as an MBA summer intern or post-MBA consultant. First Step: Getting the Interview.

Case Interview 78

Case Interview Consulting Management Interviews 78

Tom Spencer

JUNE 6, 2021

At about the 3-year mark after entering consulting most consultants who matriculated directly from undergrad begin to seriously consider their next steps. For prospective and current consultants alike, I want to highlight the reflections and career pathways taken by such consultants. Pivot to Industry. Pivot to Start-Ups.

Consulting 103

Consulting Consulting Lifestyle Industry Policies 103

Tom Spencer

AUGUST 24, 2019

When I started graduate school three years ago, I had only a marginal interests in pursuing a management consulting career. Low and behold, I’ll be starting my first day in management consulting in New York City a month from now. Why Management Consulting Didn’t Appeal to Me… At First… and Why I Was Wrong.

Management 60

Management Consulting Software Industry 60

Tom Spencer

JULY 1, 2022

A manager at Accenture has been known to say that “analysts are often over enthusiastic about the consulting industry”. The mistake many of us made was not understanding this manager’s advice. You can then address the issue with your manager without burning bridges. In setting boundaries, you are setting a limit.

Industry 88

Industry Consulting Accenture Efficiency 88

Tom Spencer

FEBRUARY 14, 2016

Consulting is an appealing career choice for many graduates. Consultants have the potential to travel with work, network with Fortune 500 executives, earn six figure salaries, develop high-level transferable business skills, and benefit from lucrative exit opportunities. (Source: Flickr ). What’s not to like?

Management 60

Management Consulting Hotels Travel 60

Markovitz Consulting

APRIL 16, 2019

A recent article by Sam Walker in the Wall Street Journal argues that better managers are the key to delivering better results. Walker cites research by Gallup showing that the quality of middle managers determines 70% of the variance between high-performing and low-performing companies. So this makes sense. That seems risky to me.

Management 190

Management Training Training Journal 190

The Management Centre

JUNE 5, 2021

Welcome to the Safe Space – where managers can share their issues, and gain advice from top learning & development consultants. This time, the issue comes from a manager with a thorny issue: supporting a colleague who has been treated badly but doesn’t want to make a complaint. What is the issue?

Management 105

Management Culture Policies Recruiting 105

Tom Spencer

NOVEMBER 21, 2020

Everyone I know in consulting entered it in large part as a means of career advancement, be it through the ranks of the consulting industry or with the intention to pivot into a different career down the line. Yet, what does it mean to get the most out of the consulting experience for career advancement? Reading Time: 3 minutes.

Consulting 158

Consulting Industry Retail Examples 158

CaseInterview.com

MARCH 21, 2019

Sometimes, when struggling through yet another case interview practice , candidates might wonder: "Why consulting again?" Below is a recap of four key reasons management consulting provides a truly differentiated career opportunity. Generally, as the higher the prestige of a given consulting firm, the greater these benefits.

Consulting 91

Consulting Case Interview Interviews Resumes 91

Management Consulted

APRIL 20, 2016

Going to a top notch business school to get an MBA is high on the list for many aspiring consultants, especially those based in or desiring to work in the U.S. MBA programs should you apply to if you want the best inroads to consulting? MBA programs for Management Consulting – and the results may surprise you.

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Consulting Management Deloitte Bain 100

Tom Spencer

MARCH 17, 2023

This is the second of a seven-part series looking at artificial intelligence and its implications for the consulting industry. While AI algorithms can help clients understand complex business problems, they will also bring about disruptive change, which will be felt throughout the consulting industry.

Consulting 78

Consulting Trends Industry Data 78

CaseInterview.com

OCTOBER 31, 2019

Just to provide context, I applied to Bain, BCG, Accenture, and Deloitte Consulting for a summer internship , got to final rounds with the first three, and received offers from Bain and Accenture. Check out our Privacy Policy below for details on how we protect and manage your submitted data. Read Our Privacy Policy.

Interviews 45

Interviews Case Interview Bain Management 45

Tom Spencer

MARCH 21, 2021

Looking back to consulting recruiting in graduate school, I always think about how interesting it was that so much of the conversation among candidates was about getting an offer from a top consulting firm. Yet, I don’t remember many conversations about succeeding within a consulting firm after joining. Skills the firm values.

Consulting 88

Consulting Recruiting Recruitment Government 88

Tom Spencer

MAY 23, 2021

Although a majority of people start their consulting career straight from undergraduate or graduate studies as their first full time profession, there is a substantial number of consultants who are experienced hires, coming from a prior career. In consulting, what is most immediately valued is engagement specific experience.

Consulting 88

Consulting Engineering Industry Policies 88

Tom Spencer

OCTOBER 22, 2021

Economic meltdowns hold important lessons for business consultants. Not coincidentally, the conspicuous rise of many consulting giants dates to the late 1970s and ‘80s, during the period of digitalisation and globalisation of Western economies. Logistics has always been a key area of focus for consulting firms.

Consulting 88

Consulting McKinsey System Efficiency 88

Tom Spencer

JANUARY 31, 2021

Consulting is an exciting career opportunity that offers graduates the chance to use their critical thinking skills, creativity, and past knowledge. When looking at consulting as a potential career, it is worth exploring the specific types of consulting available. IT / Tech Consultants.

Consulting 88

Consulting BearingPoint Bain Analysis 88

Tom Spencer

MAY 30, 2021

When I talk to my friends in consulting (across all firms and types of consulting), it amuses me that the early career mistakes we have made and witnessed are eerily similar across the board. Consulting is sometimes like Disney World where there are simply too many interesting and fun experiences and only so much time available.

Consulting 88

Consulting Exercises Course Policies 88

Tom Spencer

SEPTEMBER 13, 2020

By no means do I pretend to see the future, but I think I can take an educated stab at how consulting life may change once the COVID crisis is over. Many prospective consulting candidates are probably keen to know what to expect. Cost management. Why this matters for new consultants? Travel is paid for by the client.

Travel 88

Travel Consulting Hotels Meeting 88

Tom Spencer

APRIL 18, 2021

In nearly every consulting firm, sooner or later you’ll have to prioritize a specialty to formally begin establishing a focus area for your consulting career. Every consulting firm does their specialty assignments a little differently. Others have their consultants specialize after some time as generalists.

Consulting 97

Consulting Industry Leadership Recruiting 97