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Achieving Startup Success via Product-Market Fit

Tom Spencer

Others have developed theories to explain why businesses fail and what criteria distinguishes successful founders from unsuccessful ones. While this idea is appealing and no doubt has some truth to it, it has led many entrepreneurs to develop, fund, and launch products that ultimately fail.

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We May Not Have a Clear Path, But We Each Have One

Harmonious Workplaces

This group of Industrial-Organizational (I-O) Psychology practitioners took turns sharing how they found their way toward our aligned passions of how people think and behave in the workplace. I started working at the age of 16 in 1992 as an industrial cleaner on nights and weekends with my friend Mark.

Hotels 52
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How Smart Speakers Are Poised to Reinvent the Travel Industry

Harvard Business

Marriott recently teamed up with Amazon to offer a hospitality version of the e-commerce giant’s Echo devices in select hotel rooms. Travelers with an Alexa device at home can book a car rental or hotel through Expedia and Kayak. Worldwide, ownership exceeds 100 million units and is projected to reach 225 million by 2020.

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Recruiting versus reality

Tom Spencer

In this post, I explore the other side of the value propositions presented by consulting firms during the recruiting process: “You will be exposed to a wide range of problems and industries”. In larger offices that have consistent streams of work in many industries, new consultants may be pigeon-holed to particular industries (e.g.

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The Importance of Hospitable Leadership in Hospitality

People Business Psychology

Having worked in the luxury-segment hotel industry, I subscribe to the idea that leaders have a strong influence of how, and how well, the workforce operates – especially in the hotel industry. Employees need to feel valued, they need to feel they have opportunities for growth and development. In any business.

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Firing on all 4 pillars: How to excel at BVFLS practice development

Rod Burkert

There is nothing wrong with the industry … apparently the Top 100 firms are not expanding into the BVFLS niches as rapidly as they were in this past. I’ve been spreading the gospel about BVFLS practice development since 2013. Let me know if this model resonates and helps with your practice development efforts. On to this week.

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A Career In Management Consulting

Tom Spencer

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. What’s not to like? Well, for all its benefits, the life of a consultant is not necessarily a bed of roses.