5 Cheap Ways for Consultants (or Anyone) to Develop Their Skills

Tom Spencer

The consulting industry is a very competitive field with an abundance of highly educated professionals with proven track records of success. Below are five favourite tips for skill development at zero cost. Reading might include books, industry magazines, and online resources.

Impact of Low Health Literacy on the Healthcare Industry

Tom Spencer

As the American health system continues to find ways to improve care and do so at a lower cost, one of the most costly aspects for the healthcare industry is high administrative costs due to low healthcare literacy. Originally developed for Ratzan SC, Parker RM.

BlockChain: Opportunities for the Consulting Industry

Tom Spencer

How is it going to disrupt industries? . Eliminating the third party may sound like a small change, but it means disrupting entire industries like banks, law firms and public sector organizations who largely exist in order to act as intermediaries. Rather than being a blockchain, or a protocol running over a blockchain, Ethereum is a platform that acts as an underlying infrastructure that can run all blockchains and protocols, rather like a unified universal development platform.

Creating the Industrial Ecosystem

McKinsey

The day before the main event I was included in the Industry Analysts visit to the Siemens Technology Center, at Neuperlach in Munich. Siemens is in some highly competitive industrial markets. Getting the balance right is crucial for all Industrial digitally aware organizations.

Why Leadership Development Isn’t Developing Leaders

Harvard Business

Edelman estimates that one in three employees doesn’t trust their employer — despite the fact that billions are spent every year on leadership development. Part of the problem: Our primary method of developing leaders is antithetical to the type of leadership we need. The mismatch between leadership development as it exists and what leaders actually need is enormous and widening. If leadership development begins in the head, leaders will stay in their heads.

4 Ways to Develop Practical Business Understanding for Consulting

Management Consulted

Many history, English, and art majors, engineers, and law students – all of interest to consulting firms, but lacking in business basics – come to us asking how they can develop their business understanding to prepare for consulting interviews.

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. Four Pillars of BVFLS Practice Development TM.

5 Best Practices for Attracting Ideal Consulting Clients

Consulting Success

Experience – you develop your experience by working with more clients. If your ideal client is a $50M manufacturing company and you’re accepting projects from $1M startups, the experience you’ll develop won’t be relevant or much desired by a larger organization.

10 Principles for Leading the Next Industrial Revolution

Strategy+Business

How can you prepare your company -- whether it is large or small -- to play a leading role in the next industrial revolution, the one that is caused by large-scale digital technology? See also "A Guide to Leading the Next Industrial Revolution

The 4th Industrial Revolution: Avoiding Vanity Innovations

Confessions of a Consultant

Trinity College has developed a Robot called Stevie designed to help the elderly. Check our website [link] or call 087 2439019 for an informal discussion about executive or organization development. The Technology Revolution is coming – but don’t embrace everything.

IoT Disruptions in 3 Industries and What You Can Learn From Them

Tom Spencer

The massive benefits seen in Australia from the development of digital technology include increased living standards, shrinking distances through telecommunications, improved efficiency for businesses and government, as well as a larger workforce.

10 Steps for Developing Effective Communication Skills | Women in.

Women in Consulting

Backed by award-winning services and support teams, Blackbaud’s comprehensive set of Internet solutions, featuring Blackbaud NetCommunity and Blackbaud Sphere eMarketing along with our industry leading peer-to-peer and event fundraising solution, Friends Asking Friends , is designed to meet the evolving needs of nonprofits. Hiring and developing great people to support you.

Differentiate yourself by taking a stand against something you don’t like about our industry

Rod Burkert

What pisses you off about our industry? One way is to differentiate yourself by taking a stand against something you don’t like about our industry. How to differentiate yourself : Stop marketing to attorneys and CPAs and start marketing to business owners in your industry niche.

How to Develop Thought Leadership as an Independent Professional

MBO Partners

Three ways to begin establishing yourself as a thought leader in your industry

IIoT platforms: The technology stack as value driver in industrial equipment and machinery

McKinsey

Equipment and machinery companies considering a transformation to embrace the Industrial Internet of Things (IIoT) need to develop a clear perspective to drive impact at scale. Advanced Electronics Insights

Two Priorities to Build Up Russia’s Auto Industry: Exports and Innovation

BCG

The Russian automotive industry has experienced significant ups and downs in the past decade. In 2015, the industry sold just 1.5 Today, as a limping economy continues to hold domestic buyers in check, the industry finds itself with far too much production capacity.

What Inclusive Urban Development Can Look Like

Harvard Business

One of us is an urban theorist, the other a community-focused real estate developer. The bar was set high: The district would need to create jobs, engage the surrounding community, inspire connection between the existing neighborhood and the broader city, preserve historical identity, and incubate entrepreneurship — all while making economic sense as a development. Developers have two primary ways to help create new and better jobs.

Your Leadership Development Program Needs an Overhaul

Harvard Business

Most companies make big investments in leadership development, rolling out intensive internal programs for high potentials, sending key leaders off to expensive executive education programs, or hiring personal coaches for those moving into key positions at the top of the company. But in our experience, this traditional approach to leadership development doesn’t serve the needs of companies anymore. ” Develop: Let them improvise.

The Digital Revolution Is Disrupting the TV Industry

BCG

The global television industry is in the midst of a digital revolution. Content producers are scrambling to develop hit shows that can help networks and digital aggregators differentiate themselves and capitalize on evolving consumer preferences. Focus Monday, March 21, 2016.

Leadership Development Should Focus on Experiments

Harvard Business

Leadership development represents a huge and growing investment for most organizations. Industry research, for example, shows that companies spent more than $24 billion on leadership and management training worldwide in 2013, an increase of 15% from 2012.

Tech-enabled disruption of products and services: The new battleground for industrial companies

McKinsey

Industrial companies are finding that technology is an important link in the value chain for innovation and product development. The transformation is challenging, but there are ways to getting it started. Digital Insights

How Companies Can Champion Sustainable Development

Harvard Business

Given political climates around the world and a new wariness around international cooperation, the private sector could find itself in the hot seat: trying to pick up the slack on big issues from climate change to sustainable development. Like Unilever, there are companies in other industries forming a vanguard of early movers, merging their business goals with sustainable development. Social enterprise Economic development Strategy Digital Article

What’s ahead for industrials?

McKinsey

To stay competitive, companies need to sustain momentum while developing new capabilities, offerings, and operating models. Our Insights

The Five Pillars of Marketing Success

The More Clients Blog

I offer the high-tech plastics industry Management Acceleration Programs for emerging leaders in the industry.”. In the above example, the target was the “high-tech plastics industry.” Developing a focused strategy is the most complex and challenging of the Five Pillars.

How to Develop the Right Strategy to Win

LSA Global

How to Develop the Right Strategy. When you can develop the right strategy…one that is clear, agreed-upon and achievable…you are set up to win the game and outperform your competition. It really matters that you develop the right strategy. Five Tips to Develop the Right Strategy.

Industrialized delivery systems and the future of real estate

McKinsey

Real-estate developers should accept that business as they have known it is changing. By adopting new construction technologies, they can improve delivery and affordability. Our Insights

The Industrial Era Ended, and So Will the Digital Era

Harvard Business

Today digital technology is all the rage because after decades of development it has become incredibly useful. Importantly, I’m not arguing we’ll stop using digital technology — after all, we still use heavy industry, we just no longer refer to ourselves as being in the Industrial Age.). Consider the effort to develop advanced battery chemistries to drive the clean energy economy, which requires the discovery of materials that don’t yet exist.

Industry-Academic Partnerships Can Solve Bigger Problems

Harvard Business

In a country where academia and industry usually tread separate paths, it’s unusual to see the two innovate together. However, for such a technology to spread widely, a company like Saint-Gobain is needed to manufacture various materials on an industrial scale.

The offshore-wind industry’s moment of reckoning

McKinsey

The days of stable and relatively high revenues are ending for Europe’s offshore-wind developers, owners, and operators. Making money on tomorrow’s low-price projects will require a new degree of discipline. Insights on Sustainability & Resource Productivity

A Strategist's Guide to Industry 4.0.

Strategy+Business

Major innovations in digital technology, all coming to maturity right now, are transforming the energy and manufacturing industries. Companies that embrace Industry 4.0 will be able to track everything they produce from cradle to grave, tailor products in real time to the specifications of the purchaser, and develop new ways of tackling problems such as climate change and aging populations

Continuous Development Will Change Organizations as Much as Agile Did

Harvard Business

In 2001, a new approach to technology development was created by a daring group of developers. Called Agile, the process put customers at the center of product development, encouraged rapid prototyping, and dramatically increased corporate speed and agility. While Agile began as a product development innovation, it sparked a corporate strategy and process revolution. Continuous Development is a growing trend in the software industry.

History of Organization Development (Part 4 of 6) ? Frederick.

Consulting and Organizational Management

Share » Connect » Blog: Consulting and Organizational Development. History of Organization Development (Part 4 of 6) — Frederick Taylor, the First Modern ‘Change’ Consultant By Carter McNamara on May 14, 2012. Organization Development. Training and Development.

What’s in Store for Consulting Industry Trends in 2017?

SkillQuo

The consulting industry has had some interesting developments within the past year. The facilities are designed to foster cutting edge research and development in order to help clients discover and test the latest services and products.

Think Strategically About Your Career Development

Harvard Business

The trick is that you also have to fill in the intervening five years, which prompts you to reflect on what specific skills you’ll need to develop in the interim, what degrees or accreditations you may need to earn, and what promotional path you’ll need to pursue in order to get there. Taking time to think about your career development is obviously important, but it’s almost never urgent, so many professionals fail to take action, year after year.

How Women Can Develop — and Promote — Their Personal Brand

Harvard Business

We all know developing a personal brand is valuable, since a strong reputation can put you on the radar for exciting career opportunities. ” So how can you, as a woman, navigate this conundrum and develop a robust personal brand? ” In other words, they have too many connections who are like them (working in the same company or the same industry) and not nearly enough who are dissimilar. Yulia Reznikov/Getty Images.

How Learning and Development Are Becoming More Agile

Harvard Business

Developing Tomorrow’s Leaders. What does this mean for workforce learning and development? In particular, we see several interesting developments: Technology-supported peer learning is disrupting the old paradigm. Each year 40 high potential young leaders from around the globe come together and work in teams on projects like “How do we grow our business in the chemicals industry?” Development, not deficiency, is motivating learning.

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Mythbusters: The Management Consultant Edition

Tom Spencer

Management Consulting career development career progression consulting industry sectors stress teamwork travel varietySo you’re interested in being a management consultant? Great! But what is it that they actually do? If you’re still not sure of the answer then read on, as I bust the myths and reveal the realities of what it truly means to be a “management consultant”.

When Old Technologies Create New Industries

Harvard Business

People understandably get excited about new digital technologies, whether it’s the digital camera that is cheaper than developing rolls upon rolls of film, or the photo-sharing apps that – in turn — make your iPhone camera easier to use than your old digital camera.

As Work Changes, Leadership Development Has to Keep Up

Harvard Business

As work itself is changing, some of the basic tenets of leadership development are being challenged. To meet these challenges, we see three priorities for developing the next generation of leaders in the “work-disrupted” age: Mastery of Digital. Developing Tomorrow’s Leaders. Development programs must evolve from a static, closed-system approach. This same approach is used for developing leaders.

Developing Employees’ Strengths Boosts Sales, Profit, and Engagement

Harvard Business

We’ve found that there’s significant potential in developing what is innately right with people versus trying to fix what’s wrong with them. The companies we studied develop what comes most naturally to people — e.g., having employees complete the CliftonStrengths assessment, incorporating strengths-based developmental coaching, positioning employees to do more of what they do best every day, and the like.