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5 Recommended Courses To Develop Business Understanding for Consulting

Management Consulted

However, for some quick understanding, check out these 5 free online courses provided by some of the top universities and graduate programs in the U.S An Introduction to Operations Management. You will learn how to improve productivity, how to provide more choice to customers, how to reduce response times, and how to improve quality.

Course 184
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Avoiding Costly Business Mistakes With Consultants

Business Consulting Agency

A single misstep, whether in product quality, customer service, or ethical considerations, can tarnish a brand’s image irreparably. Operational Inefficiencies: Mistakes in operational processes can lead to inefficiencies, wasted resources, and increased overhead costs. Rebuilding trust is often a long and arduous process.

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The Perils of Internal Disruption (Part 3)

Markovitz Consulting

But when it comes to internal operations at least, disruption is often both bad for business and for employees, because it causes unevenness in work. Volume discounts have the same effect, by encouraging customers to order more product than they need in order to get a larger discount. This week, I’d like to address batch processing.

Finance 145
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Embracing Experiential Learning

Tom Spencer

A few experiential learning opportunities to look for on campus include consulting clubs, finance clubs, student government, and technology development teams. On-campus engagements are opportunities for students to engage with their peers in a productive environment. Opportunities on-campus.

Finance 88
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We REALLY Need to Stop Talking About Lean

Markovitz Consulting

Culp, of course, was Danaher’s CEO for 14 years, and is steeped in lean thinking through the Danaher Business System. Under Culp’s leadership, EPS is viewed not as the end goal of the business, but rather the result of well-managed operations. Naturally, he’s trying to instill many of those elements to GE. Consider hoshin kanri.

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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. After all, if you’re trying to sell a product or strategy, you need to be able to demonstrate that it is both practical and high margin. Stop avoiding finance because you’re afraid of numbers. “Finance and accounting are very simple. .”

Finance 28
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Inside a Fortune 500 Boardroom

CaseInterview.com

If you know finance, especially the finance of retail businesses, that’s nearly impossible. Of course, I was admiring the company's financial management while also feeling a little chilly. I believe a well-run business is one with a well-defined target customer, a well-differentiated product, and sound financial ratios.