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

Consulting Matters

NOVEMBER 12, 2020

This year marked my official 10 year anniversary of starting my own consulting business. It was back in 2010 when I officially launched my website and grew my consulting business from $0-$300,000 in the first 18 months. And dang it, when it comes to organizational consulting - I knew what I was talking about. I could write.

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Consulting Travel Tools Company 296

Markovitz Consulting

DECEMBER 1, 2020

Recent research from the Boston Consulting Group confirms that employees can do better work when they’re liberated from much of the bureaucratic cruft that passes for daily management. Four-hour meetings? Low-value travel? Long commutes? Elaborately defined, documented, and monitored processes and procedures?

Boston Consulting Group 259

Boston Consulting Group Travel Meeting Productivity 259

Successful Independent Consulting

NOVEMBER 30, 2017

Recently I helped a consultant land a $420,000 consulting contract. It’s an 11-month project for one consultant: $320k in consulting fees and another $100k for travel expenses. Clearly this was a big win for the consultant. April 2013: Joe reaches out to Jennifer about some consulting work.

Consulting 186

Consulting Development Course Meeting 186

Tom Spencer

NOVEMBER 19, 2021

Business development consulting is about helping businesses grow sales and profits in order to achieve their strategic objectives. Business development consultants enable companies to reach their full potential and rescue companies that are struggling to survive. Send us more information, we will think about it.

Development 88

Development Consulting B2C B2B 88

Successful Independent Consulting

FEBRUARY 11, 2017

The biggest stressor for self-employed management consultants is business development: how to cultivate meaningful regular work. First, consultants are good at helping clients solve problems but usually aren’t trained in sales or marketing. To meet the challenge I recommend changing your frame of reference.

Development 199

Development Consulting Real Estate Sports 199

Tom Spencer

AUGUST 22, 2021

Dane Sequeira was an advanced professional degree consultant at the Boston Consulting Group. What got you interested in the path to consulting? When you are interviewing with consulting firms, what made you look at Boston Consulting Group compared to some other big firms or specialty firms?

Consulting 88

Consulting Boston Consulting Group Engineering Recruiting 88

Tom Spencer

MAY 4, 2019

Is a job in consulting really what you expect it will be when you are a student, knee-deep in case prep and coffee chats? In this series , we hear from new consultants who were recently in those shoes, and what their experience has actually been like during the transition from the dream to the day-to-day reality of consulting work.

Consulting 113

Consulting Case Interview Bain Analysis 113

Jerry Fletcher

DECEMBER 12, 2020

Online or in person you will meet a host of people. Your favorite association is meeting virtually whether it’s in your home town, nationally and even internationally. Expense accounts are no longer a major item for corporations as travel and entertainment have pretty much been eliminated. Consulting: [link] Speaking: [link].

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Marketing Consulting Conference Travel 64

Tom Spencer

AUGUST 12, 2022

Whilst remote working has brought many benefits – increased flexibility, reduced travel costs, and resulting lower pollution – it has come with its own set of drawbacks. There is a need to capture the best of both worlds – the focus and productivity of online calls and the fun and connection of in-person meetings.

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Meeting Groups Tools Conference 158

Jerry Fletcher

JULY 18, 2020

Contracts for consulting may include this phrase followed by specific goals that must be met by a certain time. BUT Time is of the essence in multiple ways for a consultant. As a consultant, running your own business, you can determine how many days a week you are gong to work and how long each day. Time is of the essence.It

Marketing 64

Marketing Consulting Meeting Exercises 64

Effective Managers

FEBRUARY 24, 2023

One of the pleasures of being a Certified Management Consultant is to meet and collaborate with CMC peers from around the world. One such colleague is Altantuya Altankhuu (Tuya), currently the Chair of our management consulting Institute in Mongolia. Tuya has and has kindly allowed me to reprint the text of her speech here.

Consulting 52

Consulting Training Training Banking 52

Tom Spencer

APRIL 11, 2021

Preparing for a career in consulting contains milestones that roughly resemble this process. Enter pro-bono consulting projects. These ten-to-fifteen-week engagements simulate the work of actual consultants, albeit less hours per week than a full-time employee. So, how do you participate in this type of consulting practice?

Consulting 88

Consulting Case Interview Analysis Interviews 88

Tom Spencer

FEBRUARY 19, 2022

For consultants, the average work day will consume the majority of that time, around 10-12 hours. Attending meetings. Traveling and eating. Attending meetings. The other most common activity is attending meetings, which generally fall into a few categories: planning, updates, discussion, or making decisions.

Energy 154

Energy Management Meeting Exercises 154

Management Consulted

OCTOBER 3, 2012

Last week we held an MC exclusive subscriber giveaway contest – entrants told us in 200 words or less how they became interested in consulting. The prize for best answer was a FREE Consulting Case Bank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you.

Consulting 204

Consulting Case Interview Interviews Engineering 204

Tom Spencer

DECEMBER 19, 2020

We had a very difficult consulting class during the MBA program that was supposed to be very intense. It involved data analysis, teamwork, assignments, remote client-meetings, and traveling. The reason why I am writing about this is because the world of consulting is very stressful. Place your feet firmly on the ground.

Consulting 68

Consulting Travel Meeting Analysis 68

Management Consulted

DECEMBER 16, 2008

Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases. Consulting compensates with perks that banking does not offer – from better travel allowances to more generous health and retirement packages. 2 LIFESTYLE.

Banking 272

Banking Boston Consulting Group Consulting Management 272

Tom Spencer

JULY 6, 2019

Amid the intensity of recruiting for consulting, few stop to think what it will really be like once they’ve achieved their mission to get into a top-tier consulting firm. So, 10 months into my BCG career, I’m here to tell you what I view to be the 3 best and the 3 worst aspects of the consulting life. Bad #2: Travel.

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Consulting Travel Case Interview Hotels 60

Tom Spencer

JULY 7, 2018

Daryl Morey took the path less travelled, the path that began with academia and consultancy. Consultancy has the power to open doors where no doors are present. Morey’s tale is only one of the more unique and interesting paths taken by former consultants in the world today. Morey knew there was no point faking it.

Consulting 68

Consulting Boston Consulting Group Sports Talent 68

Tom Spencer

NOVEMBER 11, 2022

You successfully interviewed for a position at your dream consulting firm, and you have received and accepted an offer. Whatever the case may be, you might find yourself with some time before you begin consulting. This is your chance to try something new, meet new people, and enjoy your time. You did it! Learn a New Skill.

Case Interview 88

Case Interview Travel Resumes Interviews 88

The Crazy Lives of Consultants

APRIL 21, 2013

How NOT to Start a Meeting. Many thanks to alert consultant Maria for contributing the following blog post. A colleague of mine was traveling to Boston, MA with his boss to meet up with a legal representative from one of the fortune 500 companies who was interested in his reverse legal auction consulting services.

Meeting 47

Meeting Consulting Hotels Travel 47

Management Consulted

JUNE 1, 2015

This month’s Transparency Series article, How I Started My First Consulting Business: Confessions of a Bain Consultant, is all about Jenny Rae’s renegade life and her first business that wasn’t a souped-up lemonade stand. and defined myself by my inability to do something of grandeur, I started small.

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Bain Consulting Travel Meeting 100

Tsavo Neal

JULY 20, 2017

Podcasts make amazing listening material for commutes, travel, and listening for when you don’t feel like taking out a book. I sought to find the best podcasts for consultants: podcasts that help them provide more value for their clients, acquire new business, and expand their minds.

Consulting 113

Consulting Interviews Sales Travel 113

Consulting Matters

JANUARY 20, 2020

You don't have to become a subcontractor to another consultant or coach that has mastered marketing more than you have. Whose team you are excited about meeting with. Offering a free consult. #4 If you want your own business so you can travel, book your trips first. I have been a consultant and coach for over 20 years.

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How To Consulting Marketing Course 218

Markovitz Consulting

AUGUST 2, 2018

It’s time to admit that one of my consulting approaches has failed. Travel gets in the way a lot. There are other meetings to attend, other issues to address, other decisions that only the president can make. As a consultant, it’s important to live in the world of the possible, not the world of the desirable.

Energy 229

Energy Video Travel Meeting 229

Tom Spencer

AUGUST 25, 2023

Consulting is about more than financial return on investment (ROI). Success is fueled by the knowledge, skills, talent, and efforts of individual consultants. As Generation Z comes of age, it is important for consulting firms to understand the hopes and expectations of the newest cohort of graduating talent.

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Culture Talent Construction Training 78

Consulting Matters

MARCH 27, 2018

Interview Transcript: Betsy Jordyn: Well hello there everybody it's Betsy Jordyn of the Consultants Institute, and I am so excited to finally be interviewing Michael Zipursky of Consulting Success. So you have your own business consulting success. Spend more time with loved ones, travel, do whatever is most meaningful for them.

Interviews 206

Interviews Consulting Case Interview Course 206

Management Consulted

SEPTEMBER 16, 2013

Welcome…to the final day, the crowning achievement, of our 2013 8-day East Coast (we counted our final travel day too). Despite all we’d seen and done on our tour already, Sunday was the biggest day of the whole tour – our 8-hour Consulting Bootcamp at the Marriott Marquis in Times Square. consulting clubs'

Case Interview 114

Case Interview Cover Letters Consulting Interviews 114

Tom Spencer

SEPTEMBER 7, 2019

As with most other competitive professions, breaking into consulting roles has a lot to do with networking. Meeting people early before you are polished will end up burning a lot of bridges. The crux of it revolves around something everyone should know – not just consulting professionals – and that is to be considerate.

Recruiting 60

Recruiting Recruitment Resumes Consulting 60

Consulting Success

JUNE 26, 2017

I was meeting one of my first business mentors. A man named Kyoji, who had grown up on this island but had spent 40+ years travelling around the world building several international brands and businesses. As consultants and business owners, you have many ways to enhance the perception of value for your services.

Retail 227

Retail ROI Hotels Productivity 227

Tom Spencer

APRIL 14, 2018

This has promoted the use of virtual meeting spaces which are quickly eliminating the need for big fancy meeting rooms and the high costs associated with business travel. Is this model relevant to consulting ? To answer this question, let us look at a typical consulting business model.

Consulting 84

Consulting Talent Enterprise Industry 84

Tom Spencer

MARCH 27, 2016

Consultants work on projects of varying lengths, and are often required to travel to work on site with the client. The specific tasks that a consultant undertakes will depend on which firm she works for, the project requirements, as well as her level of seniority and experience. (Source: Flickr ). Research and Analysis.

Consulting 60

Consulting Case Interview Analysis Research 60

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. Those that did were nearly all parents or were expecting a child.

Management 60

Management Consulting Consulting Lifestyle Sports 60

Tom Spencer

AUGUST 4, 2023

The traditional methods of governance, often characterized by bureaucratic hurdles, delayed decision-making, and limited stakeholder engagement, no longer meet the demands of the modern era. Virtual meeting platforms such as Zoom and Microsoft Teams can allow stakeholders to conduct remote meetings.

Government 78

Government Efficiency Tools Meeting 78

Tom Spencer

MAY 13, 2017

The first piece of advice I was given when I started my Master’s in Management at London Business School was to beware of the mirage of consulting. applying to consulting began to seem like more of a rite of passage than a genuine attempt at forging a professional path. Not the benefits, not the travel, not the prestige.

Consulting 60

Consulting Case Interview Cover Letters Interviews 60

Rod Burkert

OCTOBER 30, 2019

The RV is parked for the winter as another travel season (our 10 th ) has come to a close. They meet spec. If they all meet spec, is it any wonder our pricing is collapsing. If we both meet spec, what is going to make my report stand out against yours? Greetings from Big Bend, Texas. This is what we do! Here’s a thought.

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Report Meeting Case Interview Travel 40

The Source

FEBRUARY 10, 2022

Trust has always played a critical role in the purchasing decisions of consulting buyers: The fact that clients are often sharing their most business critical problems with their professional advisers points to the need for a profound level of trust between client and consultant. …

Leadership 59

Leadership Travel Survey Tools 59